Arabian Pipes Co. Announces the Results of the Ordinary General Assembly Meeting (Second Meeting)

Shareholders approved a cash dividend distribution of 34 million SAR for fiscal year 2025 at a rate of 0.17 SAR per share (17% of nominal value), with distribution scheduled for July 12, 2026.
The assembly approved the fiscal year 2025 financial statements and reappointed "Maham Professional Services" as the external auditor for the fiscal years 2026, 2027, and Q1 2028 for a fee of 730,000 SAR.
Approval was granted for 1.6 million SAR in remuneration for Board members for the 2025 financial year and the authorization of the Board to distribute interim dividends for fiscal year 2026.
The meeting, held on June 22, 2026, with a 21.21% shareholder attendance, authorized the Board of Directors with the powers of the Ordinary General Assembly for one year under Article 27 of the Companies Law.

Element List	Explanation
Introduction	Arabian Pipes Company Announces the Results of the General Assembly’s Meeting ( Second Meeting )
City and Location of the General Assembly's Meeting	Riyadh - By using modern technology from the company's headquarters
Date of the General Assembly's Meeting	2026-06-22 Corresponding to 1448-01-07
Time of the General Assembly’s Meeting	20:30
Percentage of Attending Shareholders	21.21%
Names of the Board of Directors' Members Present at the General Assembly's Meeting and Names of the Absentees	1) Mr. Youssef Bin Saleh Abalkhail. (Chairman) 2) Mr. Khalid bin Abdullah Abunayyan. (Vice chairman) 3) Mr. Saad Bin Falah al-Qahtani (Member of the Board of Directors) 4) Mr. Azzam Bin Saud Al-mudaiheem (Member of the Board of Directors) 5) Mr. Abdullah bin Mohammed Alharbi (Member of the Board of Directors) 6) Eng. Abdulaziz Ali Almasood (Member of the Board of Directors) 7) Mr. Maan Yousef Abalkhail (Member of the Board of Directors) 8) Eng. Ahmed Bin Ali Al-Lohaidan (Member of the Board of Directors – CEO)
Names of the Chairmen of the Committees Present at the General Assembly's Meeting or Members of such Committees Attending on Their Behalf	1) Mr. Khalid bin Abdullah Abunayyan. (Chairman of Executive committee) 2) Mr. Saad Bin Falah al-Qahtani. (Chairman of the Audit Committee) 3) Mr. Abdullah bin Mohammed Alharbi. (Chairman of the Remuneration and Nominations Committee and Chairman of the Governance and Risk Management Committee)
Voting Results on the Items of the General Assembly's Meeting Agenda's	Attached
Additional Information	NA
Attached Documents	Attached Documents