Al-Seraj Group Holding Company will discuss in its upcoming ordinary general meeting for the fiscal year ending August 31, 2024, scheduled to be held on Sunday, October 20, 2024, the Board of Directors’ recommendation to distribute cash dividends of 53% of the nominal value of the share, (53 fills) per share, for a total amount of KWD 2,200,000 (two million two hundred thousand Kuwaiti dinars only), through an amount of KWD 1,784,205 from retained earnings and an amount of KWD 415,795 from the optional reserve for the fiscal year ending August 31, 2024, and to approve it. 

It will also discuss and approve several other items on its agenda as follows:

- Discussing and approving the Board of Directors’ report for the fiscal year ending August 31, 2024.
- Discussing and approving the company's external auditor's report for the fiscal year ending August 31, 2024.
- Discussing and approving the company's financial statements for the fiscal year ending August 31, 2024.
- Reviewing any violations and penalties imposed on the company by the regulatory authorities for the fiscal year ending August 31, 2024 (if any).
- Reviewing and approving the transactions with related parties that took place during the fiscal year ending August 31, 2024, and authorizing the company to deal with related parties during the fiscal year ending August 31, 2025.
- Deducting 10% of the legal reserve in the amount of KWD 192,308.
- Discussing the deduction of 10% of the optional reserve in the amount of KWD 192,308, allocated to finance the company's future projects and expansions to transfer them to the retained earnings for the purpose of distributing them as cash dividends to the company's shareholders.
- Approval of authorizing the Board of Directors to distribute profits to the company's shareholders on a semi-annual or quarterly basis as it deems appropriate for the year 2025, provided that this distribution is from real profits in accordance with generally accepted accounting principles without prejudice to the company's paid-up capital.
- Discussion of the Board of Directors' recommendation not to pay a bonus to the members of the Board of Directors for the fiscal year ending on August 31, 2024.
- Authorization of the Board of Directors to buy or sell the company's shares not exceeding 10% of the number of the company's shares, in accordance with the provisions of Law No. 7 of 2010 and its executive regulations and amendments.
- Discussion of the release of the members of the Board of Directors and their discharge from all matters related to their financial, administrative and legal actions for the fiscal year ending on August 31, 2024.
- Resignation of the members of the Board of Directors.
- Election of members of the Board of Directors for the next three years.
- Appointing or reappointing the company’s auditors for the fiscal year ending on August 31, 2025, from the list of auditors approved by the Capital Markets Authority, considering the period of mandatory change of the company’s auditors, and authorizing the Board of Directors to determine their fees.
- Appointing or reappointing the company’s Sharia Supervisory Board for the fiscal year ending on August 31, 2025, and authorizing the Board of Directors to determine their fees.