Kuwait Catalyst Company will hold its ordinary general assembly for the fiscal year ending December 31, 2024, on Thursday, May 1, 2025, to discuss the election and appointment of members to the board of directors for the next three years, as well as to address several items on its agenda, including:

•    Hearing and approving the board of directors' report for the fiscal year ending December 31, 2024.
•    Hearing and approving the auditors’ report for the fiscal year ending December 31, 2024.
•    Hearing and approving the Sharia supervisory board report for the fiscal year ending December 31, 2024.
•    Discussing and approving the audited financial statements as presented by the board of directors for the fiscal year ending December 31, 2024.
•    Hearing a report on any violations and penalties issued by regulatory authorities, if any.
•    Hearing a report on transactions with related parties that have occurred or will occur.
•    Allocating 10% to the mandatory reserve, equivalent to KWD 145,176.
•    Discussing the board of directors' proposal not to distribute profits to shareholders for the fiscal year ending December 31, 2024.
•    Discussing the board of directors' proposal not to disburse bonuses to board members for the fiscal year ending December 31, 2024.
•    Granting the board of directors a discharge of any financial and legal responsibilities resulting from their legal, administrative, and financial actions for the fiscal year ending December 31, 2024.
•    Appointing or reappointing auditors (Qais Al-Nasf - Al-Nasf & Partners Office) for the fiscal year ending December 31, 2024, and authorizing the board of directors to determine the audit fee.
•    Appointing or reappointing the Sharia supervisory committee (Tayba Consultancy Office) for the fiscal year ending December 31, 2025, and authorizing the board of directors to determine the audit fee.