ARTEX Industrial Investment Co. Announces the Results of the Ordinary General Assembly Meeting (First Meeting)

Shareholders approved the financial statements and auditor's reports for the fiscal year ending December 31, 2025, during the Ordinary General Assembly meeting held on June 24, 2026.
Baker Tilly was appointed as the company's auditor for the second, third, and annual quarters of 2026 and the first quarter of 2027, with total fees set at 1,290,000 SAR.
The assembly approved related party contracts with Abdullatif Furniture Company involving wholesale sales of carpet products totaling 36.26 million SAR for the 2025 fiscal year.
A remuneration of 100,000 SAR per board member was approved for FY 2025, though members Suleiman, Abdullatif, and Fahad Al-Abdullatif waived their individual rewards.

Element List	Explanation
Introduction	Artex Industrial Investment Company is pleased to announce its shareholders the Result of the ordinary general assembly meeting (First Meeting)
City and Location of the General Assembly's Meeting	via modern technology from the company's headquarters in Riyadh
Date of the General Assembly's Meeting	2026-06-24 Corresponding to 1448-01-09
Time of the General Assembly’s Meeting	19:30
Percentage of Attending Shareholders	61,39
Names of the Board of Directors' Members Present at the General Assembly's Meeting and Names of the Absentees	The meeting was attended by the following member's names of the Board of Directors: 1. Mr. Suleiman Omar Al-Abdullatif (Chairman of the Board) 2. Mr. Majed Abdulrahman Al-Osailan (vice Chairman) 3. Mr. Abdullatif Omar Al-Abdullatif (Member) 4. Mr. Samir Mahmoud Haddad (Member) 5. Mr. Fahad Omar Al-Abdullatif (Member) 6. Mr. Feras Khaled Albawardi (Member) 7. Mr. Mohammed Abdullah Alresheid (Member)
Names of the Chairmen of the Committees Present at the General Assembly's Meeting or Members of such Committees Attending on Their Behalf	The following committee chairs attended the meeting: 1. Mr. Feras Khaled Albawardi (Chairman of The Audit Committee) 2. Mr. Majed Abdulrahman Al-Osailan (Chairman of the Executive Committee) 3. Mr. Samir Mahmoud Haddad (Chairman Of the nomination and Remuneration committee and Chairman Of the Risk Management, Governance and compliance committee)
Voting Results on the Items of the General Assembly's Meeting Agenda's	.Attached
Attached Documents	Attached Documents