Announcements & Disclosures

Al Mazaya Holding Co (K.S.C) a leading property firm in the region, signed a contribution contract with "Oman Construction" to share in a real estate investment portfolio in Oman with a capital of OMR 3.1 million. Al Mazaya's share is 40% while 12% is for Oman Construction and 12% for "Mina" real estate company. The remainder of the percentage is submitted for IPO from a chosen group of investors and real estate companies.

Convocation of the EGM for Al Mazaya Holding Co

23-February-2025

التاريخ: /23/02/2025

Subject: Convocation of the EGM for Al Mazaya Holding Co.

In reference to the above subject, and to paragraph 25 of article 4-1-1 of chapter 4 of book 10 of the executive regulation of law No.7 of 2010 regarding the establishment of the Capital Markets Authority and regulating securities’ activities.

Kindly note that the EGM for Al Mazaya Holding Co. will be held on Thursday 20/03/2025 at 11:30 AM. Shareholders may attend the meeting and vote on the resolutions of the Extraordinary General Assembly by choosing between one of two methods, either through electronic attendance and voting according to the policies and procedures manual for general assemblies through the electronic systems issued by the Kuwait Clearing Company as well as the instructions of the regulatory authorities, or through attendance and direct voting at the company premises in Al Merqab – Khaled bin Al Waleed Str. – Al Mazaya Tower (1) – Floor (22). The shareholder may not combine or mix - in any way - the two methods of attendance, whether by electronic attendance or direct attendance. In case the legally required quorum for the validity of this meeting is not met, a second meeting of the Extraordinary General Assembly will be held in the same methods and with the same agenda, on Thursday 27/03/2025 at 11:30 AM, which will be valid if attended by shareholders representing more than half of the issued shar capital.

Herewith attached the General Assembly information Announcement Form and Ministry of Commerce and Industry's acknowledgement on the date of the Extraordinary General Assembly

AGM Information Announcement Form

Date: 20/02/2025
Name of listed company Al Mazaya Holding Co. K.S.C. P
AGM type

Extraordinary

AGM Date 20/03/2025 11:30 AM
The final date for purchasing the company's shares to be registered in the registry of the right to attend the AGM * 05/03/2025
Date of the right to attend the AGM ** 10/03/2025
Participation period*** From Monday, March 10, 2025, until 8:00 AM on Thursday, March 20, 2025.
Items of the Agenda

Clause One: Discussion of the amendment of Article (5) of the Articles of Incorporation and Article (4) of the Bylaws concerning the purposes for which the company was established.

Current Text:

The purposes for which the company was established are:

1. Owning shares in Kuwaiti or foreign joint-stock companies, as well as owning shares or stakes in Kuwaiti or foreign limited liability companies or participating in the establishment of these companies of both types, managing them, and guaranteeing them for others.

2. Lending the companies in which the company owns shares and guaranteeing them for others. In this case, the holding company’s share in the capital of the borrowing company should not be less than 20%.

3. Owning industrial property rights such as patents, trademarks, industrial designs, or any other related rights, and leasing them to other companies for exploitation both inside Kuwait and abroad.

4. Owning movable and immovable property which is necessary to carry out its activity within the limits allowed by law.

5. Exploiting the financial surpluses available to the company by investing them in financial and real estate portfolios managed by specialized companies.

The company may directly engage in the aforementioned activities in Kuwait and abroad, either originally or by agency.

The company may also have an interest or cooperate in any way with entities that carry out activities similar to its own or which assist it in achieving its objectives in Kuwait or abroad. It may establish, participate in, or purchase these entities or affiliate them with itself.

Text After Amendment:

The purposes for which the company was established are:

1. Holding company activities - Code Number (642000).

2. Managing its subsidiaries or participating in managing other companies in which it holds shares and providing the necessary support to them - Code Number (642010).

3. Investing its funds in trading in shares, bonds, and other securities - Code Number (642020).

4. Owning the real estate and movable assets necessary to carry out its work within the limits allowed by law - Code Number (642030).

5. Financing or lending companies in which it owns shares or stakes and guaranteeing them for others. In this case, the holding company’s share in the capital of the borrowing company must not be less than 20% - Code Number (642040).

6. Owning intellectual property rights such as patents, trademarks, industrial models, and other intangible rights, exploiting and leasing them to its subsidiaries and others - Code Number (642050).

7. Owning shares on behalf of the company only - Code Number (642051).

8. Holding company activities management office - Code Number (642070).

The company may directly engage in the aforementioned activities in Kuwait and abroad, either originally or by agency. The company may also have an interest or cooperate in any way with entities that carry out activities similar to its own or assist it in achieving its objectives in Kuwait or abroad. It may establish, participate in, or purchase these entities or affiliate them with itself.

AGM means to participate.

✔In person (either personally or through proxies)

✔In person + electronically

AGM Place Al-Merqab, Block (3) Khaled Bin Al-Waleed Street - Al-Mazaya Tower No. (1), Floor (22)
The postponed date of AGM in case of lack of quorum 27/03/2025

*The third working day preceding the date of the right to attend the AGM according to the current settlement cycle.

** Every shareholder registered in the company's records on this day has the right to attend the AGM even if the share was sold before the date of AGM

*** It is the period that commences from the Date of the Right to Attend the General Assembly, which is ten Business Days prior to the date specified for holding the meeting, and lasts until closing the participation in each Item of the Meeting’s agenda by the system’s manager.



The issuer of this disclosure bears full responsibility for the soundness, accuracy, and completeness of the information contained therein. The issuer acknowledges that it has assumed Care of a Prudent Person to avoid any misleading, false, or incomplete information. The Capital Markets Authority and Boursa Kuwait Securities Exchange shall have no liability whatsoever for the contents of this disclosure. This disclaimer applies to any damages incurred by any Person as a result of the publication of this disclosure, permitting its dissemination through their electronic systems or websites, or its use in any other manner.