KGL Logistics Company will discuss during its General Assembly, which is scheduled to be held on Thursday, September 26, 2024, the Board of Directors’ proposal not to distribute dividends for the fiscal year ending December 31, 2023, in addition to the following items:

- Discussing and approving the Board of Directors’ report on the company’s activity and financial position for the fiscal year ending December 31, 2023.
- Discussing and approving the Auditor’s report for the fiscal year ending December 31, 2023.
- Discussing and approving the consolidated financial statements for the fiscal year ending December 31, 2023.
- Reviewing the violations detected by the regulatory authorities (if any) and for which penalties were imposed on the financial company ending on December 31, 2023.
- Discussing the Board of Directors' recommendation not to grant a bonus to the members of the Board of Directors for the fiscal year ending on December 31, 2023.
- Discussing the Board of Directors' recommendation regarding extinguishing all accumulated losses of the company amounting to 10,127,342 as in the financial statements ending on December 31, 2023 by approving the use of the entire balance of the optional reserve amounting to 9,118,513 dinars from the balance of the mandatory reserve amounting to 1,008,829 dinars.
- Approving the authorization of the Board of Directors to buy or sell the company's shares not exceeding 10% of the number of its shares.
- Discussing the release of the members of the Board of Directors and their release from liability for everything related to their financial, administrative and legal actions for the fiscal year ending on December 31, 2023.