Tawazun Holding Co. has invited its shareholders to attend an Extraordinary General Meeting scheduled for Monday, June 16, 2025, at 11:00 AM in the main conference hall of Aayan Leasing and Investment Company. The meeting will discuss the Board of Directors’ recommendation to reduce the company’s authorized, issued, and fully paid-up capital from KWD 58,132,688 (Fifty-eight million, one hundred thirty-two thousand, six hundred eighty-eight Kuwaiti Dinars) to KWD 54,932,688 (Fifty-four million, nine hundred thirty-two thousand, six hundred eighty-eight Kuwaiti Dinars), a reduction of KWD 3,200,000 (Three million, two hundred thousand Kuwaiti Dinars).

The proposed reduction is due to excess capital and will be distributed to shareholders registered in the company's records as of the date of the EGM, in proportion to their ownership in the company’s capital.

Accordingly, the meeting will also address the proposed amendments to Article (6) of the Memorandum of Association and Article (5) of the Articles of Association concerning the company’s capital. The amended articles would reflect the new capital amount of KWD 54,932,688, divided into 549,326,880 shares, each with a nominal value of 100 fils. All shares are fully paid in cash.

The company further clarified that if a quorum is not reached, a second meeting will be held on Monday, June 23, 2025, at the same time and venue.