Riyadh – Mubasher: Rasan Information Technology Company announced on the invitation of its shareholders to the ordinary general assembly meeting (OGM), first meeting, that is scheduled for 3 August 2026.

The meeting will be conducted via modern technology at 19:30 to address several key agenda items, including the election of a new board of directors, according to a bourse filing.

Shareholders will vote on the board's recommendation to conclude the current board term, in alignment with the new Companies Law which mandates a maximum duration of four years.

The assembly will then vote to elect board members from a pool of 45 candidates for the upcoming three-year term that will begin on 4 August 2026 and end on 3 August 2029.

The meeting requires a quorum of at least 25% of the company's capital. If this quorum is not met, a second meeting will be held one hour after the scheduled time.

Electronic voting for the agenda items is set to begin at 01:00 on July 30, 2026, and will remain open until the conclusion of the general assembly.

Additional agenda items include authorizing the new board with the powers of the ordinary general assembly for a period of one year.