United Mining Industries Co. Announces the Results of the Ordinary General Assembly Meeting (First Meeting)

United Mining Industries Co. shareholders approved the 2025 financial statements, board report, and the discharge of directors from liability during the Ordinary General Assembly held on June 25, 2026.
The assembly authorized the Board of Directors to distribute interim dividends on a semi-annual or quarterly basis for the 2026 fiscal year and approved SAR 1,060,000 in board remuneration for 2025.
Shareholders ratified the appointments of Serge Nicolas Bekhaazi, Paul Christopher Button, and Dr. Markus Haaf as non-executive board members to complete terms ending in May 2027.
Approval was granted for multiple related party contracts for 2026, including transactions with Masdar Building Materials (2025 value: SAR 4.05 million) and Al Rashid Wood Products Factory (2025 value: SAR 1.87 million).

Element List	Explanation
Introduction	The Board of Directors of United Mining Industries Company is pleasure to announce the results of the Ordinary General Assembly (First Meeting) which held on Thursday 10/01/1448 H, corresponding to 25/06/2025 at 06:30 PM through the modern technology
City and Location of the General Assembly's Meeting	Via modern technology from the company's main headquarters is in Jeddah
Date of the General Assembly's Meeting	2026-06-25 Corresponding to 1448-01-10
Time of the General Assembly’s Meeting	18:30
Percentage of Attending Shareholders	70.32%
Names of the Board of Directors' Members Present at the General Assembly's Meeting and Names of the Absentees	Eng. Raed Ibrahim Al Mudaiheem Chairman of Board of Directors Dr. Markus Haaf Member of Board of Directors Eng. Khalid Abdullah Al Shami Member of Board of Directors Mr. Serge Nicolas Bekhaazi Member of Board of Directors Mr. Paul Christopher Button Member of Board of Directors
Names of the Chairmen of the Committees Present at the General Assembly's Meeting or Members of such Committees Attending on Their Behalf	Mr. Haytham Aboutaleb Committee Chairman of Audit Committee Eng. Raed Ibrahim Al Mudaiheem Chairman of Executive Committee
Voting Results on the Items of the General Assembly's Meeting Agenda's	1. The Board of Directors' report for the financial year ended 31 December 2025 was reviewed and discussed. 2. The Company's financial statements for the financial year ended 31 December 2025 were reviewed and discussed. 3. Approval of the company’s auditor’s report for the financial year ending on 31/12/2025. 4- Approval of the appointment of BDO, Dr. Mohamed Al-Amri & Co as the company’s auditor from the candidates based on the recommendation of the Audit Committee, to examine ,review and audit the financial statements for the fiscal year 2026 AD, and the Semiannual of the fiscal year 2026 AD and determine his fees by 315,000 SAR. 5. Approval of discharging the members of the Board of Directors from liability for the financial year ended 31 December 2025. 6. Approval of the Deals and contracts between the company and the Alrashed Tires Co. which is the board member Eng. Khalid A. Alshami , has an indirect interest, involving purchases of tires during 2025 the dealing amount is (96,608) Saudi Riyal, there are no preferential terms in this deal. 7. Approval of the Deals and contracts to be concluded between the company and Masdar Building Materials Company, in which the Chairman Eng. Raed I . Almudaheem , has an indirect interest, for the sale of gypsum and cement Boards based on purchase orders submitted by one party to the other. The transaction period begins on January 1, 2026 AD and ends on December 31, 2026 AD, The 2025 transaction value amounted to SAR 4,050,282. without any preferential conditions. 8. Approval of the Deals and contracts that will be concluded between the company and Al Rashid Wood Products Factory , in which the board member, Eng. Khalid A. ALshami, has a direct interest, for the sale of gypsum and cement boards based on purchase orders submitted by one party to the other. The transaction period begins on 1/1/2026 AD and ends on 12/31/2026 AD, The 2025 transaction value amounted to SAR 1,869,028 without any preferential conditions. 9. Approval of the Deals and contracts to be concluded between the company and Al Rashid Cement Company, in which Board Member Eng. Khalid A. ALshami has an indirect interest, for the purchase of cement products based on purchase orders submitted by one party to the other. The transaction period begins on 1/1/2026 AD and ends on 12/31/2026. The 2025 transaction value amounted to SAR 1,680,996 , without any preferential conditions. 10. Approval of the Deals and contracts to be concluded between the company and Alrashed Tires Co , in which Board Member Eng. Khalid A. ALshami has an indirect interest, for the purchase of Tires based on purchase orders submitted by one party to the other. The transaction period begins on 1/1/2026 AD and ends on 12/31/2026 AD , without any preferential conditions. 11. Approval of delegating to the Board of Directors, the General Assembly’s powers stipulated in paragraph (1) of Article (27) of the Companies Law, for a period of one year from the General Assembly’s approval, or until the end of the Board of Directors’ term whichever is earlier, in accordance with the terms stated in the Implementing Regulation of the Companies Law for Listed Joint Stock Companies. 12. Approval of authorizing the Board of Directors to distribute interim dividends on a semi-annual or quarterly basis for the fiscal year 2026. 13. Approval of the payment of SAR 1,060,000 as remuneration to the Board of Directors for the fiscal year ended 31 December 2025. 14. Approval of the Board of Directors’ resolution appointing Mr. Serge Nicolas Bekhaazi as (Non Executive) Board Member, effective 12/05/2026, to complete the current Board term ending on 29/05/2027 To replace the resigned member, Dr. Abdullah Ibrahim Al-Mojel. 15. Approval of the Board of Directors’ resolution appointing Mr. Paul Christopher Button as (Non Executive) Board Member, effective 12/05/2026, to complete the current Board term ending on 29/05/2027 To replace the resigned member Mr. Ali Salih Aldakheel. 16. Approval of the Board of Directors’ resolution appointing Dr. Markus Haaf as (Non Executive) Board Member, effective 13/05/2026, to complete the current Board term ending on 29/05/2027, To replace the resigned member Mr. Abdulrahman Albalawi.