Middle East Paper Co. Announces the Results of the Ordinary General Assembly Meeting (First Meeting)

Element List	Explanation
Introduction	Middle East Paper Co (MEPCO) announces the results of the Ordinary General Assembly Meeting (First Meeting) in Jeddah through modern technology using the Tadawulaty system, which was held at 07:00 pm on Thursday, 10 Muharram 1448 AH corresponding to June 25, 2026, after reaching the quorum required for the meeting is 25% of the capital.
City and Location of the General Assembly's Meeting	Through modern technological means using the Tadawulaty system, from the meeting room of the company’s general management headquarters in the city of Jeddah.
Date of the General Assembly's Meeting	2026-06-25 Corresponding to 1448-01-10
Time of the General Assembly’s Meeting	19:00
Percentage of Attending Shareholders	40.36
Names of the Board of Directors' Members Present at the General Assembly's Meeting and Names of the Absentees	The following members of the Board of Directors attended the meeting via modern technology: 1. Mr. Musaab Sulaiman Al-Muhaidib - Chair of the Board of Directors (Chair of the meeting) 2. Mr. Robertus Johannes Renders 3. Mr. Farid Habib 4. Dr. Ghazi Abdulrahim Alrawi 5. Mr. Majed Mosa El Esmail 6. Mr. Feras Samir Al Baiyat 7. Mr. Rakan Mohammed Abunayyan While Mr. Walid Ibrahim Shukri was unable to attend.
Names of the Chairmen of the Committees Present at the General Assembly's Meeting or Members of such Committees Attending on Their Behalf	1. Dr. Ghazi Abdulrahim Alrawi - The Audit Committee Chair. 2. Mr. Majed Mosa El Esmail – The Nominations & Remunerations Committee Chair. 3. Mr. Farid Habib – The Strategic and Executive Committee Chair. 4. Mr. Musaab Sulaiman Al-Muhaidib - on behalf of the Risk & Sustainability Committee Chair.
Voting Results on the Items of the General Assembly's Meeting Agenda's	1- Approval of the auditor's report for the fiscal year ending on 31/12/2025 after discussing it. 2- The company's financial statements for the fiscal year ending on 31/12/2025 were reviewed and discussed. 3- The Board of Directors' report for the fiscal year ending on 31/12/2025 was reviewed and discussed. 4- Approval of the appointment of Messrs. Ernst and Young from among the candidates as the Company's auditor based on the recommendation of the Audit Committee to examine, review, and audit the financial statements for the second, third, and annual quarters of the fiscal year 2026 and the first quarter of the fiscal year 2027 and determine their fees to be SAR 1,431,750 inclusive of VAT. 5- Approval of delegating the authority of the Ordinary General Assembly with the authorization mentioned in paragraph (1) of Article Twenty-Seven of the Companies Law to the Board of Directors, for a period of one year from the date of approval of the General Assembly or until the end of the cycle of the authorized Board of Directors, whichever is earlier, in accordance with the conditions stated in the Executive regulations of the Companies Law for Listed Joint Stock Companies.