Baladna: Will Hold Its EGM on 19/07/2026

Baladna announces that the General Assembly Meeting EGM will be held on 19/07/2026, via Zoom online application and 05:00 PM. In case of not completing the legal quorum, the second meeting will be held on 22/07/2026, via Zoom online application and 05:00 PM .

Agenda of the Extraordinary General Assembly:

1. Considering moving forward with the resumption of the procedures for increasing the Company's capital previously approved by the Extraordinary General Assembly, and approving the amendment of the value of the increase and the number of shares to be offered, so that the Company's capital will be increased from QR 2,143,984,962 to QR 2,679,981,202 through the issuance and offering of 535,996,240 new ordinary shares, representing 25% of the Company's current paid-up capital, with priority to be given to eligible shareholders registered in the shareholders' register at Edaa at the end of the trading session on 27 July 2026, for rights holders, at an issue price of QR 1.01 per share, consisting of a nominal value of QR 1.00 plus QR 0.01 as premium/issuance expenses, after obtaining the required approvals in accordance with the applicable laws and regulations.

2. To consider the mechanism for trading the priority subscription rights granted to the Company’s shareholders, and the offering of unsubscribed shares on the financial market in accordance with the procedures adopted by the competent authorities, and after obtaining the required approvals pursuant to the applicable laws and regulations.

3. To authorize the Chairman of the Board and/or the Managing Director, acting jointly or severally, to determine the date for offering any unsubscribed shares for subscription, provided that such offering takes place within one year from the date of the Extraordinary General Assembly's approval. The authorization shall also include the authority to deal with any fractional shares resulting from the subscription process and to take all necessary actions and procedures required to implement the capital increase and issue the new shares.

4. To approve the amendment of Article 6 of the Articles of Association relating to the Company’s share capital following the completion of the capital increase.

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