WSM Invites Shareholders to Virtual General Assembly Meeting

The Board of Directors of WSM for Information Technology Co. (9595) has invited shareholders to attend the first Ordinary General Assembly Meeting, to be held on June 22, 2026, at 19:15 via modern technology means from the company's headquarters in Riyadh.

Agenda

The meeting agenda includes eight key items:

• Voting on the auditor's report for the fiscal year ending December 31, 2025.
• Review of the Board of Directors' report and financial statements for 2025.
• Discharging Board members from liability.
• Appointing an auditor for 2026 and 2027.
• Authorizing interim dividend distributions for 2026.
• Approving Board member Adel bin Saud Al-Mansour's participation in competing business.

Voting Mechanism

Electronic voting will be available through Tadawulaty services starting June 18, 2026, at 1:00 AM until the meeting concludes. Attendance rights are limited to shareholders registered at Edaa Center at the end of the trading session preceding the meeting.

Context

This invitation reflects the company's commitment to governance and transparency, allowing shareholders to participate in key decisions remotely.

What This Means for Investors

The meeting provides shareholders with an opportunity to review the company's 2025 performance and vote on auditor appointment and future dividend distributions. The authorization of interim dividends may signal a focus on enhancing shareholder returns.