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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.

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Convocation of the AGM for Al Mazaya Holding Co.

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23-February-2026
Date:
19/02/2026
Subject
Convocation of the AGM 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 AGM for Al Mazaya Holding Co. for the financial year ended 31/12/2025 will be held on Monday 16/03/2026 at 11:30 AM. Shareholders may attend the meeting and vote on the resolutions of the General Assembly by choosing between one of two ways, 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 -Block 3– 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 Ordinary General Assembly will be held throughout the same way and with the same agenda, on Monday 30/03/2026 at 11:00 AM, which will be valid regardless of the number of attendees.

Herewith attached the General Assembly Information Announcement Form and Ministry of Commerce and Industry’s acknowledgment on the date of the ordinary general assembly

Date:

19/02/2026

Name of listed company

Al Mazaya Holding Co. K.S.C. P

AGM type

Ordinary

AGM Date

16/03/2026 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 *

03/03/2026

Date of the right to attend the AGM **

08/03/2026

Participation period ***

From Sunday, March 08, 2026, until the system administrator closes the entry for each item of the meeting.

Items of the Agenda
  1. Discussion, approval and ratification of the board of directors’ report on company’s activities, financial position and the operations results for the fiscal year ending December 31, 2025.
  2. Reciting, approval, and ratification of the corporate governance report and audit committee report for the fiscal year ending December 31, 2025.
  3. Discussion, approval, and ratification of the auditor’s report on the financial statements results for the fiscal year ending December 31, 2025.
  4. Discussion, approval, and ratification of the financial statements for the fiscal year ending December 31, 2025.
  5. Presenting any violations observed by the regulatory authorities and any sanctions issued as a result of those violations that resulted in imposing penalties (financial and non-financial) on the company (if any)
  6. Presenting and approving the board of directors related parties’ transactions report for the fiscal year ending December 31, 2025, as well as the related parties’ transactions to be carried out for the fiscal year ending December 31, 2026.
  7. Discussion of the recommendation of the Board of Directors to distribute dividends for the year ending on 31/12/2025 to the company’s shareholders, to be distributed as free bonus shares from treasury shares at a rate of 2.5% to the shareholders registered in the company’s records as of the record date, each according to the number of shares they hold, without resulting in an increase in the company’s capital or in the number of issued shares. These shares will be entitled to the shareholders registered in the company’s records at the end of the record date, which is Tuesday, 23/04/2026, and will be distributed on 30/04/2026, with authorization granted to the Board of Directors to amend the schedule for the entitlement of shares and take appropriate action regarding fractional shares.
  8. Discussion of the Board of Directors’ authorization to distribute interim dividends (semiannual or quarterly) and authorizing the Board of Directors to determine the dividends distribution percentage, subject to having the distribution from real profits, and in accordance with generally accepted accounting principles. This distribution shall not affect the paid-up capital of the company.
  9. Discussion of the proposal of the Board of Directors not to pay board members remuneration for the fiscal year ending December 31, 2025.
  10. Discussion of the approval granted to the Chairman or any of the Members of the Board to have board membership in two competing companies or to participate in any business that competes with the company or to trade for their own accounts or others’ accounts at any of the Company’s branches/offices for the year 2026 in accordance with Article no. 197 of the Companies Law no. 1 of 2016: as well as article 20 of the Statute of the company.
  11. Discussion of the approval granted to those who have a representative at the Board of Directors, the chairman, any of the board members or a member of the executive management or their spouses or relatives of the second degree to have direct or indirect interest in the contracts concluded with the company for the year 2026 in accordance with the provisions of Article 199 of the Companies Law No. 1 of 2016 and in accordance with the provisions of articles (4/7, 5/7, 6/7) of the Sixth Rule of chapter seven of book 15 of the executive bylaws of law No. 7 of 2010 in relation to establishment of the Capital Markets Authority and Organizing Securities Activities.
  12. Discussion of the approval granted to authorize the board to purchase or sell Company shares at no more than 10% of the total shares as per the articles of Law no. 7 of 2010, and its executive bylaws and amendments thereafter.
  13. Discussion of the approval of deducting a percentage of 10% from the net profits to be utilized within the mandatory reserve in accordance with the provisions of Article 222 of Companies Law No. 1 of 2016.
  14. Discussion of the approval not to deduct any percentage from the net profits to be utilized within the voluntary reserve in accordance with the provisions of Article 225 of Companies Law No. 1 of 2016
  15. Discussion of providing clearance to the Board Members for all matters related to their legal, financial and administrative actions for the Fiscal Year ending December 31, 2025.
  16. Discussion of the approval of the social responsibility budget within the financial statements for the fiscal year ending on 31/12/2026 with a total amount of KD 40,000 (Forty Thousand Kuwaiti Dinars).
  17. Discussion of the appointment External Auditor for the fiscal year ending on 31/12/2026 and authorizing the Board of Directors to determine their fees. The external auditor must be among those registered in the special registry at the CMA, taking into account the period of the mandatory change of the external auditor.
AGM means to participate.

✓ In person at the company headquarters:(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

30/03/2026

Date:

19/02/2026

Name of listed company

Al Mazaya Holding Co. K.S.C. P

AGM type

Ordinary

AGM Date

16/03/2026 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 *

03/03/2026

Date of the right to attend the AGM **

08/03/2026

Participation period ***

From Sunday, March 08, 2026, until the system administrator closes the entry for each item of the meeting.

Items of the Agenda
  1. Discussion, approval and ratification of the board of directors’ report on company’s activities, financial position and the operations results for the fiscal year ending December 31, 2025.
  2. Reciting, approval, and ratification of the corporate governance report and audit committee report for the fiscal year ending December 31, 2025.
  3. Discussion, approval, and ratification of the auditor’s report on the financial statements results for the fiscal year ending December 31, 2025.
  4. Discussion, approval, and ratification of the financial statements for the fiscal year ending December 31, 2025.
  5. Presenting any violations observed by the regulatory authorities and any sanctions issued as a result of those violations that resulted in imposing penalties (financial and non-financial) on the company (if any)
  6. Presenting and approving the board of directors related parties’ transactions report for the fiscal year ending December 31, 2025, as well as the related parties’ transactions to be carried out for the fiscal year ending December 31, 2026.
  7. Discussion of the recommendation of the Board of Directors to distribute dividends for the year ending on 31/12/2025 to the company’s shareholders, to be distributed as free bonus shares from treasury shares at a rate of 2.5% to the shareholders registered in the company’s records as of the record date, each according to the number of shares they hold, without resulting in an increase in the company’s capital or in the number of issued shares. These shares will be entitled to the shareholders registered in the company’s records at the end of the record date, which is Tuesday, 23/04/2026, and will be distributed on 30/04/2026, with authorization granted to the Board of Directors to amend the schedule for the entitlement of shares and take appropriate action regarding fractional shares.
  8. Discussion of the Board of Directors’ authorization to distribute interim dividends (semiannual or quarterly) and authorizing the Board of Directors to determine the dividends distribution percentage, subject to having the distribution from real profits, and in accordance with generally accepted accounting principles. This distribution shall not affect the paid-up capital of the company.
  9. Discussion of the proposal of the Board of Directors not to pay board members remuneration for the fiscal year ending December 31, 2025.
  10. Discussion of the approval granted to the Chairman or any of the Members of the Board to have board membership in two competing companies or to participate in any business that competes with the company or to trade for their own accounts or others’ accounts at any of the Company’s branches/offices for the year 2026 in accordance with Article no. 197 of the Companies Law no. 1 of 2016: as well as article 20 of the Statute of the company.
  11. Discussion of the approval granted to those who have a representative at the Board of Directors, the chairman, any of the board members or a member of the executive management or their spouses or relatives of the second degree to have direct or indirect interest in the contracts concluded with the company for the year 2026 in accordance with the provisions of Article 199 of the Companies Law No. 1 of 2016 and in accordance with the provisions of articles (4/7, 5/7, 6/7) of the Sixth Rule of chapter seven of book 15 of the executive bylaws of law No. 7 of 2010 in relation to establishment of the Capital Markets Authority and Organizing Securities Activities.
  12. Discussion of the approval granted to authorize the board to purchase or sell Company shares at no more than 10% of the total shares as per the articles of Law no. 7 of 2010, and its executive bylaws and amendments thereafter.
  13. Discussion of the approval of deducting a percentage of 10% from the net profits to be utilized within the mandatory reserve in accordance with the provisions of Article 222 of Companies Law No. 1 of 2016.
  14. Discussion of the approval not to deduct any percentage from the net profits to be utilized within the voluntary reserve in accordance with the provisions of Article 225 of Companies Law No. 1 of 2016
  15. Discussion of providing clearance to the Board Members for all matters related to their legal, financial and administrative actions for the Fiscal Year ending December 31, 2025.
  16. Discussion of the approval of the social responsibility budget within the financial statements for the fiscal year ending on 31/12/2026 with a total amount of KD 40,000 (Forty Thousand Kuwaiti Dinars).
  17. Discussion of the appointment External Auditor for the fiscal year ending on 31/12/2026 and authorizing the Board of Directors to determine their fees. The external auditor must be among those registered in the special registry at the CMA, taking into account the period of the mandatory change of the external auditor.
AGM means to participate.

✓ In person at the company headquarters:(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

30/03/2026

* 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.