ACICO Construction Company will hold its Annual General Meeting (AGM) and Extraordinary General Meeting (EGM) for the financial year ended on December 31, 2020, on October 24, 2021, at 11:00 am at its headquarters located in Kuwait - Sharq - Al Shuhada Street - Al Hamra Tower – 34th Floor, to discuss the following items listed on its agenda:

-Hearing and approving the Board of Directors’ report for the financial year ended 31 December 2020. - Hearing and approving the auditor’s report for the financial year ended 31 December 2021. - Hearing the violations report and any disciplinary actions taken by the regulators. Discussing and approving the company’s financial statement for the financial year ended 31 December 2021. Discussing the Board of Directors’ recommendations not to deduct any amounts towards the statutory reserve. - Discussing the Board of Directors’ recommendations not to deduct any amounts towards the voluntary reserve. - Discussing the Board of Directors recommendation not to distribute dividends for the financial year ended on 31 December 2020. Discussing the recommendation not to pay renumerations to the Board of Directors’ members. Discussing the board of directors’ recommendation to list the company’s shares on the Boursa Kuwait and to authorize the board of directors to take all related regulatory measures. -Approving the report for transactions conducted with related entities and the transaction that will be conducted with related entities. - Absolving the board of directors’ members from all financial, administrative and legal matters for the financial year ended 31 December 2020. Appointing or reappointing the external auditors for financial year ending 31 December 2021, and to authorize the Board of Directors to determine its fees.

Extraordinary General Meeting’s Agenda:
First: Discussing the Board of Directors' recommendation to add new activities to the company (importing chemicals). Second: To approve the amendment of Article (5) of the Memorandum of Incorporation and Article (4) of the Company's Articles of Association to reflect the following: -
-Construction of all types of concrete structures. 
-Execution of various types of reinforced concrete, including precast, prestressed concrete, and other specialized concrete types through the usage of modern technology in various types of concrete constructions, buildings and projects.
-Perform civil, mechanical and electrical engineering work related to the Company's objectives.
-Produce all elements of reinforced concrete related to the Company's objectives, including the use of mixtures with various materials and molds.
-Carry out contractors work in relation to the Company’s objectives for both the public and private sectors, submit and execute tenders and related bids.
-Own materials, equipment, means of transportation, patents and trademarks necessary to carry out the Company’s objectives, trade, import, export and execute all related legal transactions.
-Carry out agency and commercial execution related to the Company’s objectives on behalf of foreign companies and corporations. The Company may have an interest with entities that carry out businesses similar to its own or that may be conducive in assisting the Company to achieve its objectives. It may buy, participate in, associate with or merge with such entities in Kuwait or abroad.  
-Own, sale and purchase real estate properties and land plots in Kuwait and abroad, as well as providing property management for third parties.
-Produce Ready Mix concrete.
-Produce various types of concrete products.
-Produce kerbstones.
-Produce interlocking tiles.
-Produce cement bricks.
-Importing chemicals, subject to receiving the necessary approvals from competent authorities.