The Board of Directors of Saudi Basic Industries Corporation (SABIC) has invited shareholders to attend an Extraordinary General Meeting, which will be held remotely using the Tadawulaty system. The meeting is scheduled for December 31, 2025, at 7:00 PM and will take place virtually from SABIC’s headquarters in Riyadh.
Shareholders who are registered in the company’s share registry at the Depository Center by the end of trading before the meeting day are eligible to attend. According to SABIC, “Shareholders have the right to discuss matters listed in the agenda of the General Assembly and raise relevant questions.” Voting on meeting agenda items can be done remotely through Tadawulaty’s e-voting service, which is available free of charge on www.tadawulaty.com.sa. Remote voting opens on December 28, 2025, at 1:00 AM and closes once vote counting concludes.
For this meeting to be valid, shareholders representing at least fifty percent of voting shares must participate. The agenda for the assembly is available as an attachment through SABIC’s official communication channels.
SABIC noted that transferring its general reserve balance of SAR 110.9 billion—as reported in its annual consolidated financial statements for December 31, 2024, and interim statements for September 30, 2025—to retained earnings aligns with international best practices. This move aims to maintain a strong balance sheet and support disciplined financial management. It is also intended to improve competitiveness and resource utilization as part of ongoing transformation efforts focused on maximizing shareholder returns.
A live audio broadcast of the meeting will be accessible via a link provided in the Tadawulaty system. Shareholders with questions or those who have not received dividends from previous periods are encouraged to contact Investor Relations via telephone or email for further assistance.
