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The Extraordinary General Assembly Meeting Agenda

1212

ASTRA INDUSTRIAL

-2.61 %

1445/11/25     02/06/2024 07:21:57

Element List	Explanation
Introduction	The Board of Directors of Astra Industrial Group is pleased to invite its shareholders to attend the Extraordinary General Assembly Meeting (First Meeting) via modern technology provided by Tadawulaty.
City and Location of the General Assembly’s Meeting	AIG HQ, Riyadh (Using Tadawulaty system)
Hyperlink of the Meeting Location	Click Here
Date of the General Assembly’s Meeting	2024-06-24 Corresponding to 1445-12-18
Time of the General Assembly’s Meeting	19:30
Methodology of Convening the General Assembly’s Meeting	Via modern technology means
Attendance Eligibility, Registration Eligibility, and Voting End	The eligibility to attend the meeting is for shareholders registered in the Company share registry at the Depository Center as of the end of trading prior to the Meeting Day, and as per the rules and regulations.The right to register to attend the General Assembly meeting ends at the time of convening the General Assembly meeting. The attendee’s right to vote on the items of the Assembly’s agenda ends upon the end of screening of the votes by the Screening Committee.
Quorum for Convening the General Assembly’s Meeting	The Meeting of the Extraordinary General Assembly shall be valid only in the presence of shareholders representing half of the company’s capital. In the event that this quorum is not available in the first meeting, the second meeting will be held an hour after the end of the period specified for the first meeting, and the second meeting will be valid if attended by a number of shareholders representing at least a quarter of company’s capital.
General Assembly Meeting Agenda	Attached
Proxy Form
The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right	Shareholders have the right to discuss matters listed in the agenda of the General Assembly and raise relevant questions. Shareholders can remotely vote on the General Assembly Meeting’s agenda via (E-voting service), through Tadawulaty www.tadawulaty.com.sa
Details of the electronic voting on the Assembly’s agenda	The shareholders who are registered in Tadawulaty Services can remotely vote on the Items of the Extraordinary General Assembly starting from 01:00 AM on Friday 21/06/2024 corresponding to 15/12/1445H and continue until the end of the Extraordinary General Assembly Meeting’s time, noting that registration and voting via Tadawulaty Services will be available and free of charge through the following link: www.tadawulaty.com.sa
Method of Communication in Case of Any Enquiries	For inquiries related to agenda of the General Meeting or for general inquiries, please contact Shareholders relations at Telephone No.: 011-4752002, Extension- 139 or by email: Khaled.albalawi@aig.sa
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.

 

1212

ASTRA INDUSTRIAL

0.13 %

1445/11/04     12/05/2024 08:04:06

Element List	Current Quarter	Similar Quarter For Previous Year	%Change	Previous Quarter	% Change
Sales/Revenue	842,880,387	748,278,115	12.642	789,699,185	6.734
Gross Profit (Loss)	350,539,320	311,973,195	12.361	335,766,783	4.399
Operational Profit (Loss)	168,460,082	138,783,969	21.382	154,181,006	9.261
Net profit (Loss)	149,741,384	122,884,567	21.855	134,282,693	11.512
Total Comprehensive Income	154,238,486	130,335,790	18.339	136,543,251	12.959
All figures are in (Actual) Saudi Arabia, Riyals

Element List	Current Period	Similar Period For Previous Year	%Change
Total Share Holders Equity (After Deducting the Minority Equity)	2,282,141,098	1,979,722,378	15.275
Profit (Loss) per Share	1.87	1.54
All figures are in (Actual) Saudi Arabia, Riyals

Element List	Percentage Of The Capital (%)	Amount
Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value	–	–
All figures are in (Actual) Saudi Arabia, Riyals

Element List	Explanation
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the same quarter of the last year is	Sales increases in general due to:- Increase in Sales in the following sectors:a) Steel industriesb) Pharmaceuticals
The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is	Net profit Increases in general due to:Increase in Sales and Gross Profit in the following sectors:a) Steel Industriesb) Pharmaceuticals
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is	Sales increases in general due to:- Increase in Sales in the Pharmaceuticals sector.
The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is	Net profit Increases in general due to:1. Increase in Sales and Gross Profit in Pharmaceuticals sector.2. Increase in other income, net.While noting that there is an increase in zakat and income tax expenses in all sectors.
Statement of the type of external auditor’s report	Unmodified conclusion
Comment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion)	N\A
Reclassification of Comparison Items	N\A
Additional Information	1. Net Shareholders’ Equity at the end of the period was SR 2,284,974,052/- compared to SR 2,042,827,433/- at the end of the similar period last year with an increase of 12%.2. On February 21, 2024, Astra Industrial Group and Tharwat Mining Company signed an agreement with Saudi Lime Industries Company for exiting its entire investment in Astra Mining for a transaction price SAR 35 million for 100% of the company and settlement of company’s total commercial debt of SAR 129.6M. The process is underway to complete the transaction before the end of second quarter subject to completing the agreed upon terms as per SPA.

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.

1212

ASTRA INDUSTRIAL

-0.38 %

1445/11/01     09/05/2024 08:48:24

Element List	Explanation
Introduction	Astra Industrial Group Company announces the Board recommendations to buy-back its shares to retain them as Treasury Shares with a maximum of 300.000 thousand shares and not exceeding 0.375% of total issued shares
Board of director’s recommendation date	2024-05-08 Corresponding to 1445-10-29
Purpose of Purchase	Allocating them to the Employee Stock Incentive Program.
Purpose of Purchase (If the Purpose to Keep the Shares as Treasury Shares)	To retain them as treasury shares for the purpose of allocating them to the Employee Stock Incentive Program.
Number of Shares to be Bought	300000
Shares Class and type	Ordinary Shares
Method of Financing the Purchasing Process	The Company’s own resources and/or using credit facilities
Current Percentage of the Treasury Shares at the Company out of the Total Class of Shares Purchased	No treasury shares are held by the Group
Approvals and Meeting the Conditions of Financial Appropriateness	The resolution will be voted on in the extraordinary general assembly which will be announced later according to the requirements of the fourth paragraph of article seventeen of the implementing regulation of the companies’ law for listed joint companies, and after satisfying solvency the Company as mentioned in the third paragraph of article seventeen of the implementing regulation of the companies’ law for listed joint companies.
Voting Right	Purchased Shares Shall not Have Voting Rights in the General Assembly’s Meetings

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.

1212

ASTRA INDUSTRIAL

-0.13 %

1445/09/17     27/03/2024 08:13:40

Element List	Explanation
Introduction	The BOD of AIG Company recommended to distribute dividends to shareholders for the year 2023
Date of the board’s recommendation	2024-03-26 Corresponding to 1445-09-16
The Total amount distributed	200 Million SAR
Number of Shares Eligible for Dividends	80 Million shares
Dividend per share	SAR 2.50
Percentage of Dividend to the Share Par Value (%)	25 %
Eligibility date	The eligibility of dividends shall be for the shareholders who own the shares on the day of the general assembly meeting and registered in the Securities Depository Center on the closing of next trading day after the general assembly meeting, which will be announced later after getting the necessary approvals from the relevant authorities.
Distribution Date	The distribution date will be announced later after approving the distribution of dividend by the General Assembly.
The name of other official authorities and the details of their non-refusal to the recommendation or decision	N/A
Additional Information	We would like to draw the attention of the non-resident foreign investors that the cash dividend distribution which is transferred by the resident financial broker is subject to (when transferred or credited to the bank account) withholding tax of 5%, in accordance with the provisions of article 68 of the income tax law and article 63 of its implementing regulation.

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.

1212

ASTRA INDUSTRIAL

-0.25 %

1445/08/18     28/02/2024 07:46:50

Element List	Current Year	Previous Year	%Change
Sales/Revenue	2,858,502,528	2,594,148,494	10.19
Gross Profit (Loss)	1,186,809,514	1,040,052,426	14.11
Operational Profit (Loss)	531,267,677	395,640,908	34.28
Net profit (Loss)	475,326,552	474,316,220	0.21
Total Comprehensive Income	478,516,024	517,745,586	-7.58
Total Share Holders Equity (After Deducting the Minority Equity)	2,127,902,612	1,849,386,588	15.06
Profit (Loss) per Share	5.94	5.93
All figures are in (Actual) Saudi Arabia, Riyals

Element List	Amount	Percentage Of The Capital (%)
Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value	–	–
All figures are in (Actual) Saudi Arabia, Riyals

Element List	Explanation
The reason of the increase (decrease) in the sales/ revenues during the current year compared to the last year	Sales increases in general due to:Increase in Sales in the following sectors:a) Pharmaceuticalsb) Steel industriesc) Other
The reason of the increase (decrease) in the net profit during the current year compared to the last year is	Net profit Increases in general due to:1. Increase in Sales and Gross Profit in the following sectors:a) Pharmaceuticalsb) Steel Industries2. Decrease in net financing cost in the other sector.3. Decrease in general and administrative expenses in the following sectors:a) Otherb) Specialty chemicalWhile noting that similar period during last year included gain from discontinued operation.
Statement of the type of external auditor’s report	Unmodified opinion
Comment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion)	N\A
Reclassification of Comparison Items	N\A
Additional Information	1. Net Shareholders’ Equity at the end of the period was SR 2,131,107,759/- compared to SR 1,913,185,390/- at the end of the similar period last year with an increase of 11%.2. On February 21, 2024, Astra Industrial Group and Tharwat Mining Company signed an agreement with Saudi Lime Industries Company for exiting its entire investment in Astra Mining for a transaction price SAR 35 million for 100% of the company and settlement of company’s total commercial debt of SAR 129.6M. The process is underway to complete the transaction before the end of second quarter.

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.

1212

ASTRA INDUSTRIAL

0.86 %

1445/04/21     05/11/2023 09:47:45

Element List	Current Quarter	Similar Quarter For Previous Year	%Change	Previous Quarter	% Change
Sales/Revenue	653,504,853	622,067,121	5.05	667,020,375	-2.03
Gross Profit (Loss)	261,097,570	219,942,168	18.71	277,971,966	-6.07
Operational Profit (Loss)	114,389,956	76,510,835	49.51	123,912,746	-7.68
Net Profit (Loss) after Zakat and Tax	103,415,243	70,865,145	45.93	114,744,049	-9.87
Total Comprehensive Income	108,008,769	70,989,680	52.15	103,628,214	4.23
All figures are in (Actual) Saudi Arabia, Riyals

Element List	Current Period	Similar Period For Previous Year	%Change
Sales/Revenue	2,068,803,343	1,865,130,534	10.92
Gross Profit (Loss)	851,042,731	719,580,291	18.27
Operational Profit (Loss)	377,086,671	263,217,470	43.26
Net Profit (Loss) after Zakat and Tax	341,043,859	388,651,783	-12.25
Total Comprehensive Income	341,972,773	383,941,378	-10.93
Total Share Holders Equity (after Deducting Minority Equity)	1,991,359,361	1,715,582,380	16.07
Profit (Loss) per Share	4.26	4.86
All figures are in (Actual) Saudi Arabia, Riyals

Element List	Explanation
The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is	Net profit Increase in general due to:1. Increase in sales and gross profit in pharmaceuticals sector.2. Decrease in net financing cost in the other sector.
The reason of the increase (decrease) in the net profit during the current quarter compared to the previous quarter of the current year is	Net profit Decreases in general due to:1. Decrease in Sales and Gross Profit in the following sectors:a) Specialty chemicalb) PharmaceuticalsWhile noting this was partially offset by increase in sales and gross profit in steel sector and other sector.2. Increase in net financing cost in the specialty chemical sector.3. Increase in provision for impairment of financial assets in pharmaceuticals sector.While noting that there is a decrease in general and administrative expenses and selling and distribution expenses.
The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is	Net profit Decreases in general due to:1. Similar period during last year included gain from discontinued operation.2. Increase in general and administrative expenses in the following sectors:a) Otherb) Specialty chemical3. Increase in Zakat expenses in the following sectors:a) Pharmaceuticalsb) Specialty chemical.While noting the following:1. Increase in sales and gross profit in the following sectors:a) Pharmaceuticalsb) Steel industry2. Decrease in net financing cost in the other sector.
Statement of the type of external auditor’s report	Unmodified conclusion
Reclassification of Comparison Items	None
Additional Information	Net Shareholders’ Equity at the end of the period was SR 2,053,543,321/- compared to SR 1,714,921,175 /- at the end of the similar period last year with an increase of 20%.

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.