Arab Sea Information System Co. announces to Invites its Shareholders to Attend the ( First Meeting ) Ordinary General Assembly Meeting

Media Center May 4, 2021

Element List	Introduction
Explanation	Arab Sea Information Systems Company Board of Directors is pleased to invite shareholders to attend the Ordinary General Assembly meeting (the first meeting) at the company’s headquarters in Riyadh, through the means of modern technology using a Tadawulaty system through the link (www.tadawulaty.com.sa), which will be held on the day of Tuesday, Shawwal 13, 1442 AH, corresponding to May 25, 2021 AD, at 19:30 pm, in order to ensure the safety of the concerned dealers in the financial market. Moreover, this will support the precautionary measures issued by the competent health authorities and government agencies in the Kingdom to prevent the spread of the new Corona virus (Covid-19). In continuation of the continuous efforts made by all government agencies in the Kingdom of Saudi Arabia to take the necessary preventive measures to prevent its spread. Shareholders will discuss the following items for a vot
City and Location of the General Assembly’s Meeting
Explanation	Through modern technology means in the Company Head Quarter Riyadh City Al-Rayyan district using the Tadawulaty system.
URL for the Meeting Location
Explanation	https://www.tadawulaty.com.sa
Date of the General Assembly’s Meeting
Explanation	2021-05-25 Corresponding to 1442-10-13
Time of the General Assembly’s Meeting
Explanation	19:30
Attendance Eligibility
Explanation	Shareholders Registered in the Issuer’s Shareholders Registry in the Depository Centre At the End of the Trading Session Preceding the General Assembly’s Meeting as per Laws and Regulations
Quorum for Convening the General Assembly’s Meeting
Explanation	The quorum for the Ordinary General Assembly is the presence of shareholders representing at least (25%) of the company’s capital. If this quorum is not secured at the first meeting, a second meeting will be held within one hour of the expiry of the deadline set for the first meeting and shall be considered valid regardless of the number of shares represented therein.
General Assembly Meeting Agenda
Explanation	1-To vote on the Board Report for the fiscal year ending 31st December 2020. 2-To vote on the Auditors Report for the fiscal year ending 31st December 2020. 3-To vote on the Financial Statements for the fiscal year ending 31st December 2020. 4-To vote on release Board of Directors members from liability for the fiscal year ending 31st December 2020. 5- To vote on the appointment of the External Auditor of the Company based on the recommendation of the Audit Committee to audit the Financial Statements of the quarter 2 & quarter 3 and quarter 4 and the annual of the fiscal year 2021and quarter 1 of 2022 and to determine their fees. 6- To vote on to amend charter of Audit Committee. (attached) 7- To vote on the remuneration policy of the Board of Directors, the committees emanating from the Board and the Executive Management (attached). 8- Voting on payment of total SAR (700,000) as remuneration to the members of the Board of Directors for the fiscal year ended on 31 December 2020.
Proxy Form
Explanation
E-Vote
Explanation	We also wish to point out the possibility of automated voting on the Assembly Agenda through the automated voting service starting at 10 am on Saturday 10/10/1442 corresponding to 22/05/2021, until the end of the assembly time , registration and voting in Tadawulaty services will be free and available through using the link (www.tadawualty.com.sa)
Eligibility for Attendance Registration and Voting
Explanation	Eligibility for Registering the Attendance of the General Assembly’s Meeting Ends upon the Convenience of the General Assembly’s Meeting. Eligibility for Voting on the Business of the Meeting Agenda Ends upon the Counting Committee Concludes Counting the Votes
Method of Communication
Explanation	To answer your inquiries, please contact the IR Department by phone number 920000559 or 0114964444 Ext. 111 Or via email: IR@arabsea.com
Attached Documents
Explanation

Element List	Explanation
Introduction	Arab Sea Information Systems Company Board of Directors is pleased to invite shareholders to attend the Ordinary General Assembly meeting (the first meeting) at the company’s headquarters in Riyadh, through the means of modern technology using a Tadawulaty system through the link (www.tadawulaty.com.sa), which will be held on the day of Tuesday, Shawwal 13, 1442 AH, corresponding to May 25, 2021 AD, at 19:30 pm, in order to ensure the safety of the concerned dealers in the financial market. Moreover, this will support the precautionary measures issued by the competent health authorities and government agencies in the Kingdom to prevent the spread of the new Corona virus (Covid-19). In continuation of the continuous efforts made by all government agencies in the Kingdom of Saudi Arabia to take the necessary preventive measures to prevent its spread. Shareholders will discuss the following items for a vot
City and Location of the General Assembly’s Meeting	Through modern technology means in the Company Head Quarter Riyadh City Al-Rayyan district using the Tadawulaty system.
URL for the Meeting Location	https://www.tadawulaty.com.sa
Date of the General Assembly’s Meeting	2021-05-25 Corresponding to 1442-10-13
Time of the General Assembly’s Meeting	19:30
Attendance Eligibility	Shareholders Registered in the Issuer’s Shareholders Registry in the Depository Centre At the End of the Trading Session Preceding the General Assembly’s Meeting as per Laws and Regulations
Quorum for Convening the General Assembly’s Meeting	The quorum for the Ordinary General Assembly is the presence of shareholders representing at least (25%) of the company’s capital. If this quorum is not secured at the first meeting, a second meeting will be held within one hour of the expiry of the deadline set for the first meeting and shall be considered valid regardless of the number of shares represented therein.
General Assembly Meeting Agenda	1-To vote on the Board Report for the fiscal year ending 31st December 2020. 2-To vote on the Auditors Report for the fiscal year ending 31st December 2020. 3-To vote on the Financial Statements for the fiscal year ending 31st December 2020. 4-To vote on release Board of Directors members from liability for the fiscal year ending 31st December 2020. 5- To vote on the appointment of the External Auditor of the Company based on the recommendation of the Audit Committee to audit the Financial Statements of the quarter 2 & quarter 3 and quarter 4 and the annual of the fiscal year 2021and quarter 1 of 2022 and to determine their fees. 6- To vote on to amend charter of Audit Committee. (attached) 7- To vote on the remuneration policy of the Board of Directors, the committees emanating from the Board and the Executive Management (attached). 8- Voting on payment of total SAR (700,000) as remuneration to the members of the Board of Directors for the fiscal year ended on 31 December 2020.
Proxy Form
E-Vote	We also wish to point out the possibility of automated voting on the Assembly Agenda through the automated voting service starting at 10 am on Saturday 10/10/1442 corresponding to 22/05/2021, until the end of the assembly time , registration and voting in Tadawulaty services will be free and available through using the link (www.tadawualty.com.sa)
Eligibility for Attendance Registration and Voting	Eligibility for Registering the Attendance of the General Assembly’s Meeting Ends upon the Convenience of the General Assembly’s Meeting. Eligibility for Voting on the Business of the Meeting Agenda Ends upon the Counting Committee Concludes Counting the Votes
Method of Communication	To answer your inquiries, please contact the IR Department by phone number 920000559 or 0114964444 Ext. 111 Or via email: IR@arabsea.com
Attached Documents