Aljazira Takaful Taawuni Co. Announces the Results of the Ordinary General Assembly Meeting (First Meeting)

Element List	Explanation
Introduction	The Board of Directors of Aljazira Takaful Taawuni Company is pleased to announce the results of the Ordinary General Assembly Meeting (First Meeting), which was held at 6:30 p.m. on Tuesday, 01/01/1448H, corresponding to 16/06/2026, through modern technology means, after the legal quorum required for the validity of the Ordinary General Assembly Meeting had been met in accordance with the Company’s Bylaws.
City and Location of the General Assembly's Meeting	Jeddah at Al-Salama District - Hira Street - U Zone - via modern technology
Date of the General Assembly's Meeting	2026-06-16 Corresponding to 1448-01-01
Time of the General Assembly’s Meeting	18:30
Percentage of Attending Shareholders	49.12%
Names of the Board of Directors' Members Present at the General Assembly's Meeting and Names of the Absentees	The meeting was attended by all the following members of the Board of Directors, and no one was absent: • Mr. Naif Abdulkareem Alabdulkareem (Chairman of the Board). • Mr. Yahya Saleh Al-Mansour (Vice Chairman of the Board). • Dr. Sager Abdulatif Nadershah (Managing Director). • Mr. Naif Mesned Al Mesned. • Mr. Ibrahim Mohammed Al Hurabi. • Mr. Ashraf Adnan Bseisu. • Mr. Ibrahim Abdulmajeed Al-Sultan. • Mr. Sami Jadaan Al-Mehaid. • Mr. Mohammed Abdulrahman Al-Mousa.
Names of the Chairmen of the Committees Present at the General Assembly's Meeting or Members of such Committees Attending on Their Behalf	The meeting was attended by the chairmen’s of the following committees: • Mr. Naif Abdulkareem Alabdulkareem - Chairman of the Executive Committee. • Mr. Naif Mesned Al Mesned - Chairman of the Investment Committee. • Mr. Ibrahim Mohammed Al Hurabi - Chairman of the Audit Committee & Chairman of the Board Risk Management Committee. • Mr. Yahya Saleh Al-Mansour - Chairman of the Nomination & Remuneration Committee.
Voting Results on the Items of the General Assembly's Meeting Agenda's	1) Reviewed and discussed the Board of Directors Annual Report for the fiscal year ending 31 December 2025. 2) Reviewed and discussed the Financial Statements for the fiscal year ending 31 December 2025. 3) Approval on the External Auditor’s Report for the year ending 31 December 2025 after discussing it. 4) Approval to discharge the Board of Directors from liability for the fiscal year ending 31 December 2025. 5) Approval on appointing of the Company’s External Auditors among the candidates based on the Audit Committee recommendation as to examine, review and audit the financial statements for the second and third quarters and annual financial statements for the fiscal year 2026 and the first quarter of the fiscal year 2027, and determining their fees by selecting the following auditors: • BDO Dr.Mohamed AL-AMRI & Co, for an amount of SAR 700,000. • PKF Albassam Chartered Accountants, for an amount of SAR 800,000. 6) Approval on the Board of Directors’ recommendation to distribute cash dividends to shareholders for the fiscal year 2025, amounting to (26,400,000) SAR (at SAR 0.40 per share), representing (4%) of the nominal value per share. Eligibility shall be for shareholders owning shares at the end of the trading day of the General Assembly meeting and who are registered in the Company’s shareholders register at the Securities Depository Center (Edaa) at the end of the second trading day following the date of the General Assembly meeting. Dividend distribution will commence on Tuesday, 30-06-2026. 7) Approval on the business and contracts concluded during the fiscal year ended December 31, 2025, between the Company and Bank AlJazira (a related party), represented by insurance revenues, in which Board members Mr.Naif Abdulkareem Alabdulkareem, Mr. Mohammed Abdulrahman Al-Mousa, Mr. Sami Jadaan Al-Mehaid, Mr. Ibrahim Abdulmajeed Al-Sultan, and Mr. Naif Mesned Almesned have an indirect interest. Note that the total amount of transactions conducted with the Bank in the previous year amounted to SAR 86,505, with no preferential conditions. 8) Approval on the business and contracts concluded during the fiscal year ended December 31, 2025, between the Company and Bank AlJazira (a related party), represented by Placement of Murabaha deposits, in which Board members Mr.Naif Abdulkareem Alabdulkareem, Mr. Mohammed Abdulrahman Al-Mousa, Mr. Sami Jadaan Al-Mehaid, Mr. Ibrahim Abdulmajeed Al-Sultan, and Mr. Naif Mesned Almesned have an indirect interest. Note that the total amount of transactions conducted with the Bank in the previous year amounted to SAR 160,000 thousand, with no preferential conditions. 9) Approval on the business and contracts concluded during the fiscal year ended December 31, 2025, between the Company and Bank AlJazira (a related party), represented by the Encashment of deposit, in which Board members Mr.Naif Abdulkareem Alabdulkareem, Mr. Mohammed Abdulrahman Al-Mousa, Mr. Sami Jadaan Al-Mehaid, Mr. Ibrahim Abdulmajeed Al-Sultan, and Mr. Naif Mesned Almesned have an indirect interest. Note that the total amount of transactions conducted with the Bank in the previous year amounted to SAR 115,000 thousand, with no preferential conditions. 10) Approval on the business and contracts concluded during the fiscal year ended December 31, 2025, between the Company and AlJazira Capital (a related party), represented by unit-linked investment returns, in which Board members Mr. Naif Abdulkareem Alabdulkareem, Mr. Mohammed Abdulrahman Al-Mousa, Mr. Sami Jadaan Al-Mehaid, Mr. Ibrahim Abdulmajeed Al-Sultan, and Mr. Naif Mesned Almesned have an indirect interest. Note that the total amount of transactions conducted with AlJazira Capital in the previous year amounted to SAR 14,448 thousand, with no preferential conditions. 11) Approval on delegating the Board of Directors with the General Assembly’s authority to grant the license mentioned in Section (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 delegated Board’s term, whichever is earlier, in accordance with the conditions set forth in the Implementing Regulation of the Companies Law for Listed Joint Stock Companies. 12) Approval on the distribution of SAR 2,773,562 as remuneration for the Board of Directors for the fiscal year ended December 31, 2025.