Riyadh – Mubasher: Ash-Sharqiyah Development Company has announced the beginning of the electronic voting period for its upcoming Ordinary General Assembly meeting that is scheduled to take place on 30 June 2026.

According to a regulatory filing on the Saudi Exchange (Tadawul), shareholders have been able to cast their votes on the assembly agenda items starting from 01:00 AM on 26 June.  

The meeting, designated as the First Meeting, will be conducted entirely through modern technological means, allowing for remote participation and oversight. This move aligns with the ongoing digital transformation within the Saudi capital market, aimed at enhancing shareholder engagement and ensuring the continuity of corporate governance processes.

Shareholders registered in the company’s books at the end of the trading session preceding the General Assembly are eligible to participate in the voting process.

The e-voting window will remain open from the early hours of 26 June until the conclusion of the General Assembly meeting on 30 June. The company has facilitated this process through the Tadawulati portal, a comprehensive service provided by the Securities Depository Center Company (Edaa). Registration and voting on the platform are provided free of charge to all investors.

The disclosure included detailed guidance on the various voting mechanisms available to shareholders depending on the nature of the agenda items. These include ordinary voting, where shareholders may approve, reject, or abstain from a proposal; cumulative voting, which is typically utilized for the election of board members and requires a 100% allocation of votes; and election voting, where shareholders cast their votes for specific candidates based on their share ownership.

Ash-Sharqiyah Development clarified that the use of e-voting is a primary method of participation. However, the company noted that if a shareholder attends the assembly in person and casts a physical ballot, any previously submitted electronic vote through the Tadawulati system will be automatically invalidated.

To access the system, shareholders must use their established credentials and complete a dual-factor authentication process involving a daily confirmation code sent to their registered mobile numbers or email addresses.

For shareholders requiring further clarification or technical assistance regarding the voting process, the company has designated its Shareholder Relations Department as the primary point of contact.

Meanwhile, the scheduled assembly represents a critical juncture for the company to address its administrative and operational agenda with its investor base. By utilizing the Tadawulati platform, Ash-Sharqiyah Development aims to provide a transparent and accessible environment for shareholders to exercise their statutory rights and contribute to the company's corporate decision-making framework.