The Board of Directors of Wara Real Estate Company has invited its shareholders to attend the ordinary general assembly meeting for the fiscal year ending December 31, 2024, which will be held on Monday, June 16, 2025, at 11:00 AM, to discuss several important items on the agenda, most notably the election of a new board of directors for the next three years.

The meeting will discuss the financial and administrative performance reports for the past year, including the Board of Directors’ report, and the auditor's report by Qais Mohammed Al-Nasf from BDO Al-Nasf & Partners, in addition to the consolidated financial statements and profit and loss account, which will be ratified. A report on any violations or penalties issued by regulatory authorities, if any, will also be presented.

Other proposed items include not distributing cash dividends and not awarding bonuses to the board members for the ended fiscal year, as well as discussing transactions that have occurred or will occur with related parties. The assembly will also consider a proposal to allocate a legal and optional reserve at a rate of 10% of net profits, amounting to K.D 88,551 each, and discuss the release and acquittal of board members concerning all their administrative, financial, and legal actions.

Furthermore, the agenda includes authorizing the board of directors to buy or sell shares of the company, not exceeding 10% of the total shares, and allowing board members to hold memberships in the company and any subsidiaries and/or affiliates and/or companies engaged in the same activity.

There will also be a proposal for the appointment or reappointment of an auditor for the fiscal year ending December 31, 2025, with the board of directors being authorized to determine their fees.