Tharwa Investment Company will hold its Annual General Meeting (AGM) for the financial year ended 31 December 2021 on Tuesday, 29 March 2022 at the company’s headquarters, to discuss the items listed on its agenda, as follows:

First: Discuss and approve the Board of Directors’ report on the company’s activity, financial position and business results for the financial year ended on 31 December 2021. Second: Discuss and approve the company’s external auditor’s report on the results of the company’s financial statements for the financial year ended on 31 December 2021. Third: Discuss and approve the financial statements for the financial year ended on 31 December 2021. Fourth: Read the governance report that includes the total remunerations paid to members of the Board of Directors, executive management and managers for the financial year ended on 31 December 202, including benefits and advantages, and read and approve the report issued by the Audit Committee for the financial year ended 31 December 2021. Fifth: Review any violations monitored by the regulatory authorities, and any (financial / non-financial) penalties that may have been imposed on the Company for the financial year ended 31 December 2021. Sixth:  Deduct 10% (equivalent to KWD 240,494) towards the statutory reserve for the financial year ended 31 December 2021. Seventh: Discuss the BOD’s recommendation to distribute 11% cash dividends (11 fils per share) for an aggregate amount of KWD 1,662,375 to shareholders registered in the company’s records as of the AGM date pro rata to their ownership in the company. Eighth: Discuss the Board of Directors' recommendation to pay KWD 45,000 as remuneration to the company's Board of Directors for the financial year ended 31 December 2021. Ninth: Elect Board of Directors member for the new term (2022-2023-2024). Tenth: Discuss allocating KWD 5,000 towards social responsibility initiatives for the financial year ended 31 December 2021 and authorizing the CEO to determine the entity to which it will be donated. Eleventh: Review and approve the transactions that have taken place with related parties for the financial year ended 31 December 2021 and the transactions that will take place with related parties for the next fiscal year. Twelfth: Authorize anyone who has a representative on the Board of Directors, Chairman, a member of the Board of Directors, a member of the Executive Management, their spouses, or second-degree relatives to have direct or indirect interest in contracts and actions concluded with the company or for its account, pursuant to Article (199) of Law No. 1 of 2016 Promulgating the Companies Law for the financial year ended 31 December 2021. Thirteenth: Discuss absolving board members of any liabilities related to their administrative, legal and financial actions for the financial year ended 31 December 2021. Fourteenth: Appoint or re-appoint an auditor for the company from the Capital Markets Authority’s approved list of registered auditors, taking into account the period of mandatory change of the company’s auditors and authorizing the Board of Directors to determine their fees for the financial year ending 31 December 2022.