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BUPA ARABIA FOR COOPERATIVE INSURANCE CO. INVITES ITS SHAREHOLDERS TO ATTEND THE EXTRAORDINARY GENERAL ASSEMBLY MEETING (FIRST MEETING) THROUGH MODERN TECHNOLOGY MEANS

Element ListExplanation
Introduction The Board of Directors of Bupa Arabia for Cooperative Insurance Company (Bupa Arabia) hereby cordially invites the shareholders to attend the Extraordinary General Assembly Meeting, which will be held virtually through the modern technology means on Thursday 4th November 2021G, at 19:30, corresponding to 29-03-1443H, This is for the safety of the shareholders and to supports the efforts and precautionary measures to prevent the spread of Coronavirus (COVID-19) issued by the health ministry and in continuation of support government authorities efforts to enforce measures that prevent the spread of the pandemic in Kingdome of Saudi Arabia.
City and Location of the General Assembly's Meeting In Bupa Arabia Headquarter Office in Prince Saud Alfaisal St., Jeddah through technology means
URL for the Meeting Location www.tadawulaty.com.sa
Date of the General Assembly's Meeting 2021-11-04 Corresponding to 1443-03-29
Time of the General Assembly's Meeting 19:30
Attendance Eligibility Shareholders Registered in the Issuer’s Shareholders Registry in the Depository Centre At the End of the Trading Session Preceding the General Assembly’s Meeting as per Laws and Regulations
Quorum for Convening the General Assembly's Meeting The quorum for holding the Extraordinary General Assembly meeting is 50% of the Company's capital overall. In the absence of a quorum required for holding the meeting, a second meeting can be held one hour after the end of the period specified for the first meeting. The second meeting shall be valid if attended by shareholders representing at least 25% of the Company's capital.
General Assembly Meeting Agenda Resolution(1): To vote on the purchase of the Long Term Incentive Plan (“LTIP”) shares to a maximum value of SR14,275,332 to a maximum number of shares of 220,000, the purchase will be financed through company’s fund for its entitled LTIP employees. Further, to authorize the Board of Directors to complete the purchase of the shares within (12 months) from the date of the Extraordinary General Assembly Meeting’s Approval. The purchased shares will be kept no longer than (10 years) from the date of approval until its allocated for the entitled employees. Noting that this program is a continuation of the current program, the conditions of which were previously determined by the Board of Directors, and the approval of the Extraordinary General Assembly was obtained on 08/12/1438 AH corresponding to 05/08/2017 AD.

Resolution(2): To vote on the update of the Chief Executive Team Remuneration Policy. (attached)

Proxy Form
E-Vote The shareholders registered in Tadawulaty services may vote on the items of the General Assembly agenda online starting from 08:00 AM on 31 October 2021 corresponding to 25-03-1443H and shall continue until the end of General Assembly meeting. Please note that registration in Tadawulaty service and voting is provided free of charge for all shareholders through the following link:

www.tadawulaty.com.sa.

Eligibility for Attendance Registration and Voting Eligibility for Registering the Attendance of the General Assembly’s Meeting Ends upon the Convenience of the General Assembly’s Meeting. Eligibility for Voting on the Business of the Meeting Agenda Ends upon the Counting Committee Concludes Counting the Votes
Method of Communication Shareholders are welcomed to submit their questions during daily working hours from 8:30 am to 5:30 pm by communicating with the Corporate Governance Department through one of the following means:

Tel: 920000456 Ext: 5412

Email: invest@bupa.com.sa

Additional Information All information related to the agenda items of the General Assembly is available with the Corporate Governance department at the company's headquarters.
Attached Documents  

The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.

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