ASG Plastic Factory Co. Announces the Results of the Ordinary General Assembly Meeting (First Meeting)

2. Mr. Fahad Mohammed Fahad Al-Othman – Vice Chairman of the Board

3. Mrs. Alanoud Nasser Abdullah Al-Nasrallah – Board Member and Chief Executive Officer

4. Mr. Ibrahim Mohammed Ibrahim Al-Shalan – Board Member

5. Mr. Mohammed Waleed Saleh Alnumay – Board Member

2- Review and discuss the Board of Directors’ report for the fiscal year ending December 31, 2025.

3- Review and discuss the company’s financial statements for the fiscal year ending December 31, 2025.

4- Approval of discharging the members of the Board of Directors from liability for the fiscal year ending December 31, 2025.

5- Approval of the appointment of RSM Allied Accountants Professional Services as the company’s external auditor from among the nominees, based on the recommendation of the Audit Committee, to examine, review, and audit the company’s interim financial statements for the first quarter ending March 31, 2026, the second quarter ending June 30, 2026, and the third quarter ending September 30, 2026, as well as the annual financial statements for the year ending December 31, 2026, for a fee of SAR 360,000 (three hundred and sixty thousand riyals).

6- Approval of authorizing the Board of Directors to distribute interim dividends to shareholders on a semi-annual or quarterly basis for the fiscal year ending December 31, 2026.

7- Approval of authorizing the Board of Directors with the powers of the Ordinary General Assembly to grant the approval stated 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 Board’s term (whichever comes first), in accordance with the conditions set out in the executive regulations of the Companies Law for listed joint stock companies, relating to businesses and contracts in which a Board member has a direct or indirect interest.

8- Approval of authorizing the Board of Directors with the powers of the Ordinary General Assembly to grant the approval stated in paragraph (2) 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 Board’s term (whichever comes first), in accordance with the conditions set out in the executive regulations of the Companies Law for listed joint stock companies, relating to engaging in competing businesses.

9- Approval of the Board of Directors’ recommendation to distribute cash dividends amounting to SAR 4,582,500 (four million five hundred eighty-two thousand five hundred Saudi riyals) to shareholders for the fiscal year ending December 31, 2025, at SAR 0.65 (sixty-five halalas) per share, representing 6.5% of the capital. Eligibility shall be for shareholders who own shares at the end of trading on the day of the General Assembly meeting and who are registered in the company’s shareholders register with the Securities Depository Center (Edaa) at the end of the second trading day following the eligibility date. The dividend will be paid by transferring it to the accounts linked to the eligible shareholders’ portfolios starting from Tuesday, 19-05-2026 AD, through the paying agent - the Securities Depository Center Company (Edaa). In case of deposit failure, shareholders may contact the paying agent (Edaa) or the company via email at: investorrelations@asgplastic.sa or by phone at: 0559251726.

10- Approval of the business and contracts conducted between the company and Habat Al-Bard Plastic Factory, in which the former Board member (Mr. Mohammed Rafdan Al-Sahma) has an indirect interest. These transactions relating to (services) were carried out during 2025 for a period of one year, in the ordinary course of business and in accordance with prevailing commercial terms, without any preferential conditions. The total value of these transactions during 2025 amounted to SAR (762).

11- Approval of the business and contracts conducted between the company and Habat Al-Bard Plastic Factory, in which the former Board member (Mr. Mohammed Rafdan Al-Sahma) has an indirect interest. These transactions relating to (purchases) were carried out during 2025 for a period of one year, in the ordinary course of business and in accordance with prevailing commercial terms, without any preferential conditions. The total value of these transactions during 2025 amounted to SAR (2,168,882), with VAT of SAR (325,332). The total amount paid during 2025 was SAR (2,246,751).

12- Approval of the balance resulting from the business and contracts conducted between the company and Habat Al-Bard Plastic Factory, in which the former Board member (Mr. Mohammed Rafdan Al-Sahma) has an indirect interest. These transactions during 2025 consisted of (sales, purchases, and settlements), and the resulting balance as of December 31, 2025, was SAR (0).

13- Approval of the business and contracts conducted between the company and ZAT Industrial Factory, in which the Vice Chairman (Mr. Fahad Mohammed Al-Othman) has an indirect interest. These transactions relating to (sales) were carried out during 2025 for a period of one year, in the ordinary course of business and in accordance with prevailing commercial terms, without any preferential conditions. The total value of these transactions during 2025 amounted to SAR (1,582,552), with VAT of SAR (238,530).

14- Approval of the business and contracts conducted between the company and ZAT Industrial Factory, in which the Vice Chairman (Mr. Fahad Mohammed Al-Othman) has an indirect interest. These transactions relating to (purchases) were carried out during 2025 for a period of one year, in the ordinary course of business and in accordance with prevailing commercial terms, without any preferential conditions. The total value of these transactions during 2025 amounted to SAR (1,311,358), with VAT of SAR (196,704). The total amount paid during 2025 was SAR (21,160).

15- Approval of the business and contracts conducted between the company and ZAT Industrial Factory, in which the Vice Chairman (Mr. Fahad Mohammed Al-Othman) has an indirect interest. These transactions relating to (services) were carried out during 2025 for a period of one year, in the ordinary course of business and in accordance with prevailing commercial terms, without any preferential conditions. The total value of these transactions during 2025 amounted to SAR) 7,650(.

16- Approval of the balance resulting from the business and contracts conducted between the company and ZAT Industrial Factory, in which the Vice Chairman (Mr. Fahad Mohammed Al-Othman) has an indirect interest. These transactions during the year 2025 consisted of (sales, purchases, and settlements), and the resulting balance as of December 31, 2025, amounted to SAR (975,645(.

17- Approval of the Board of Directors’ resolution to appoint (Mr. Mohammed Waleed Saleh Alnumay) as an independent Board member, effective from the date of appointment on 24/09/2025, to complete the Board’s term until the end of the current term on 02/12/2027, succeeding the former member (Mr. Mohammed Rafdan Al-Sahma – Non-Executive Member).

18- Approval of the policy governing controls and standards for competition with the company.

19- Approval of the charter of the Nomination and Remuneration Committee.

20- Approval of the policy, standards, and procedures for membership on the Board of Directors.

21- Approval of the corporate social responsibility (CSR) policy and social initiatives program.

The Company urges its valued shareholders to update their information and ensure that their bank account numbers are linked to their investment portfolios to ensure timely receipt of their dividends.

For any inquiries, please contact us via email at: investorrelations@asgplastic.sa or by phone at: 0559251726.