Al Mahhar Holding announces that the EGM will be held on 17/12/2025, electronically via Zoom platform and 04:00 PM. In case of not completing the legal quorum, the second meeting will be held on 24/12/2025, electronically via Zoom platform and 04:00 PM 1. Approval of the Board of Directors recommendation on the potential transfer of all shares owned by the Company (49%) in its subsidiary (Al Mahhar Al Kuwaittiya for Light and Heavy Equipment Machines Co. W.L.L. "AMK") to the other existing shareholder in AMK, being Al Rashed Holding Group Company (a related party). 2. Authorization of the Chairman of the Board to approve the transaction and sign on all documents and papers related to the aforementioned transfers, including signing the share purchase agreement, the partners' resolution or the General Assembly resolution (whether ordinary or extraordinary) in Al Mahhar Al Kuwaittiya for Light and Heavy Equipment Machines Co. W.L.L.. This includes the signing on share purchase agreement, shareholder agreements and the Articles of Association and their amendments, before the Ministry of Commerce and the Ministry of Justice or any other ministry or government authority in Qatar or Kuwait. Furthermore, the Chairman is also authorized to delegate the Chief Executive Officer or Secretary of the Board, to complete the required procedures, applications and transactions and to sign the sale purchase agreement, Articles of Association and its amendments, shareholder agreements, and joint resolutions, or General Assembly resolutions (whether ordinary or extraordinary). In this regard, include making any amendments to the licenses and/or records of AMK to reflect the exit of Al Mahhar Holding. 3. Approval of amending the Articles of Association to comply with the New Governance Rules, including setting the Board structure to seven members (at least three independent), updating nomination criteria, renaming Board committees, and revising policies on conflicts of interest, minority rights, and other governance requirements. 4. Authorization of the Chairman to approve and sign the amended Articles of Association before the Ministry of Justice, complete all required procedures with relevant authorities, and delegate any Board member, the CEO, or the Board Secretary to finalize the necessary documentation.