Riyadh – Mubasher: Time Entertainment Company (TIME) started the electronic voting period for its upcoming Ordinary General Assembly Meeting, scheduled for 30 June 2026, according to a bourse filing.

Shareholders were invited to cast their votes on the assembly’s agenda items through the Tadawulaty platform, utilizing modern technology to facilitate remote participation in the company’s corporate governance processes.

Following its initial invitation issued on 8 June 2026, Time Entertainment confirmed that the Ordinary General Assembly Meeting (First Meeting) will be held virtually. In alignment with regulatory frameworks that encourage digital integration in the Saudi capital market, the company has enabled electronic voting to ensure broad shareholder engagement.

The electronic voting window started from 26 June 2026 and remained accessible until the conclusion of the General Assembly meeting. This period allows shareholders to review agenda items and submit their decisions ahead of the live session.

The company emphasized that registration and voting through the Tadawulaty service are provided free of charge to all registered shareholders via the official portal.

To assist investors in navigating the digital voting process, the company provided a comprehensive guide detailing the mechanisms of the Tadawulaty system. This system, operated by the Securities Depository Center Company (Edaa), serves as a centralized hub for financial services, linking brokerage firms and shareholders.

The disclosure also clarified that shareholders retain the right to amend their electronic votes at any time during the designated voting period by accessing the "Update Vote" feature on the platform.

However, the company noted a critical procedural rule: if a shareholder chooses to attend the General Assembly and votes in person using a voting card, any previously submitted electronic vote through Tadawulaty will be automatically invalidated.

The commencement of electronic voting underscores Time Entertainment’s commitment to transparency and the adoption of Saudi Arabia's digital transformation initiatives within the financial sector.

By leveraging the Tadawulaty platform, the company ensures that its shareholder base can exercise their statutory rights efficiently, regardless of their geographical location, thereby supporting the integrity of the assembly's resolutions.