Al Ashghal Al Moysra Co. Announces the Results of the Ordinary General Assembly Meeting (First Meeting)

Al-Ashghal Al-Maysara Commercial Company shareholders approved the FY 2025 financial statements, auditor's report, and Board report, while discharging Board members from liability for the period.
Shareholders authorized the Board to distribute interim dividends on a semi-annual or quarterly basis for FY 2026 and appointed RSM Allied Accountants as the company's auditor for a fee of SAR 200,000.
Approval was granted for SAR 200,000 in Board remuneration for FY 2025 and for labor supply contracts with Al-Ashghal Al-Musayyara Company, which recorded transaction values of SAR 660,563 in 2025.
The assembly approved Board member Hamida Affash Al-Khalidi’s participation in a business competing with the company.

Element List	Explanation
Introduction	Al-Ashghal Al-Maysara Commercial Company announces to its shareholders the results of the Ordinary General Assembly meeting (first meeting), held at 18:30 on the evening of Sunday, 13/01/1448 AH, corresponding to 28/06/2026 AD, at the Company's head office (in the city of Sakaka) — by means of modern technology using the Tadawulaty service; this being after the legal quorum required for the validity of convening the Assembly was met.
City and Location of the General Assembly's Meeting	At the Company's head office in the city of Sakaka, by means of modern technology using the Tadawulaty platform.
Date of the General Assembly's Meeting	2026-06-28 Corresponding to 1448-01-13
Time of the General Assembly’s Meeting	18:30
Percentage of Attending Shareholders	%82.20
Names of the Board of Directors' Members Present at the General Assembly's Meeting and Names of the Absentees	Mr. Subhi Muqat Farhan Al-Juwair (Chairman of the Board) Ms. Hamida Affash Muhammad Al-Khalidi (Vice-Chairman of the Board) Dr. Abdulaziz Subhi Muqat Al-Juwair (Board member and Managing Director) Mr. Hamed Abdullah Hamed Al-Dwaihi (Board member) Mr. Muhammad Mustafa Muqat Al-Juwair (Board member and Secretary)
Names of the Chairmen of the Committees Present at the General Assembly's Meeting or Members of such Committees Attending on Their Behalf	Mr. Hamed Abdullah Hamed Al-Dwaihi (Chairman of the Audit Committee) Mr. Muhammad Mustafa Muqat Al-Juwair (Chairman of the Nomination and Remuneration Committee)
Voting Results on the Items of the General Assembly's Meeting Agenda's	1- Approval of the report of the Company's auditor for the financial year ended 31 December 2025, after discussion thereof. 2- The Board of Directors' report for the financial year ended 31/12/2025 was reviewed and discussed. 3- The financial statements for the financial year ended 31 December 2025 were reviewed and discussed. 4- Approval of discharging the members of the Board of Directors from liability for the financial year ended 31 December 2025. 5- Approval of the appointment of RSM Allied Accountants for Professional Consulting, for a fee of SAR 200,000 (two hundred thousand Saudi riyals), as the Company's auditor from among the candidates, based on the recommendation of the Audit Committee; this to examine, review and audit the Company's interim financial statements for the first half ended 30-06-2026 AD and the Company's annual financial statements ended 31-12-2026 AD. 6- Approval of authorizing the Board of Directors to distribute interim dividends to shareholders on a semi-annual or quarterly basis for the financial year ended 31-12-2026 AD. 7- Approval of authorizing the Board of Directors with the power of the Ordinary General Assembly in respect of the authorization set out in paragraph (1) of Article 27 of the Companies Law, for a period of one year from the date of the General Assembly's approval or until the end of the term of the authorized Board, whichever is earlier, in accordance with the conditions set out in the Implementing Regulations of the Companies Law applicable to listed joint-stock companies. 8- Approval of disbursing the amount of SAR 200,000 (two hundred thousand riyals) as remuneration for the members of the Board of Directors for the financial year ended 31/12/2025 AD. 9- Approval of the works and contracts to be concluded between the Company and Al-Ashghal Al-Musayyara Company, in which the Chairman of the Board (Mr. Subhi Muqat Farhan Al-Juwair — non-executive member), the Vice-Chairman of the Board (Ms. Hamida Affash Muhammad Al-Khalidi — non-executive member), and the Board member (Mr. Abdulaziz Subhi Muqat Al-Juwair — executive member) have an indirect interest. These consist of (commercial transactions — supplying the Company with labor to work for it as needed), for a term of one year. It is noted that the value of the transactions carried out under the contract authorized at the Extraordinary General Assembly held on 24/09/2025 AD during the year 2025 amounted to SAR 660,563; the amount paid during the year 2025 amounted to SAR 470,302; and the balance at the end of the period reached SAR 604,800. These transactions are conducted in the ordinary course of business, in accordance with prevailing commercial terms, and without any preferential conditions (attached). 10- Approval of the participation of the Board member Ms. Hamida Affash Al-Khalidi in a business competing with the Company's business. (Attached)
Additional Information	Should there be any inquiry, please contact Investor Relations. Phone: 0552419511 Email: ashamco@ashamco.net
Attached Documents	Attached Documents