| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of Al-Razi Medical Company is pleased to announce the results of the Extraordinary General Assembly meeting (first meeting) which was held at 6:30 PM on Thursday, 11/20/1447 AH, corresponding to 5/7/2026 AD, at the company’s headquarters in Al-Badaya Governorate in the Qassim region using modern technology. |
| City and Location of the General Assembly's Meeting | The company's headquarters is in Albadaya Governorate in the Qassim region using modern technological means. |
| Date of the General Assembly's Meeting | 2026-05-07 Corresponding to 1447-11-20 |
| Time of the General Assembly’s Meeting | 18:30 |
| Percentage of Attending Shareholders | 71.47% |
| Names of the Board of Directors' Members Present at the General Assembly's Meeting and Names of the Absentees | Dr. Yousef bin Abdullah Yousef Al-Arini - Chairman of the Board of Directors. Mr. Abdullah bin Nasser bin Ibrahim Al-Dujan - Vice Chairman of the Board of Directors. Mr. Mohammed bin Abdullah bin Mohammed Al-Mousa - Member of the Board of Directors. Mr. Abdulrahman bin Mohammed bin Abdullah Al-Suhaibani - Member of the Board of Directors. Mr. Abdulmajeed bin Abdulrahman Al-Arini - Member of the 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 | A. Abdulmajeed bin Abdulrahman Al-Arini - Chairman of the Audit Committee. B. Mohammed bin Abdullah bin Mohammed Al-Mousa - Chairman of the Remuneration and Nominations Committee. |
| Voting Results on the Items of the General Assembly's Meeting Agenda's | 1. The Board of Directors' report for the fiscal year ending December 31, 2025, was reviewed and discussed. 2. The financial statements for the fiscal year ending December 31, 2025, were reviewed and discussed. 3. The auditors' report for the fiscal year ending December 31, 2025, was approved after discussion. 4. The appointment of Al-Zouman, Al-Fahad & Al-Hajjaj Company as the company's auditors, from among the candidates recommended by the Audit Committee, was approved. The auditors will examine, review, and audit the semi-annual and annual financial statements for the fiscal year 2026, with fees of SAR 176,000 excluding VAT. 5. The Board of Directors' decision not to distribute cash dividends to shareholders for the year 2025 was approved. 6. The Board of Directors was discharged from liability for the fiscal year ending December 31, 2025. 7. The amendment to Article (4) of the company's Articles of Association, concerning the company's objectives, was approved. 8. Approval of the amendment to Article (5) of the Company's Articles of Association, concerning (the Company's Duration). 9. Approval of the addition of Article (8) to the Company's Articles of Association, concerning (Participation and Ownership in Companies). 10. Approval of the deletion of Article (8) of the Company's Articles of Association, concerning (the Shareholders' Register). 11. Approval of the amendment to Article (9) of the Company's Articles of Association, concerning (Trading of Shares). 12. Approval of the amendment to Article (10) of the Company's Articles of Association, concerning (Selling Shares with Unpaid Value). 13. Approval of the addition of Article (11) to the Company's Articles of Association, concerning (the Company's Disposal of its Shares). 14. Approval of the amendment to Article (11) of the Company's Articles of Association, concerning (Increasing Capital). 15. Approval of the amendment to Article (12) of the Company's Articles of Association, concerning (Reducing Capital). 16. Approval of adding Article Fourteen to the Company's Articles of Association, concerning the issuance of financing instruments. 17. Approval of amending Article Thirteen of the Company's Articles of Association, concerning the management of the Company. 18. Approval of deleting Article Fifteen of the Company's Articles of Association, concerning the expiration of the Board of Directors' term, the resignation of its members, or the vacancy of membership. 19. Approval of amending Article Seventeen of the Company's Articles of Association, concerning the remuneration of Board members. 20. Approval of amending Article Eighteen of the Company's Articles of Association, concerning the powers of the Chairman, Vice Chairman, Managing Director, and Secretary. 21. Approval of deleting Article Nineteen of the Company's Articles of Association, concerning Board meetings. 22. Approval of amending Article Twenty of the Company's Articles of Association, concerning Board meetings and resolutions. 23. Approval to delete Article (Twenty-One) of the Company's Articles of Association, concerning (the Board's Resolutions on Urgent Matters). 24. Approval to delete Article (Twenty-Twelve) of the Company's Articles of Association, concerning (the Board's Deliberations). 25. Approval to amend Article (Twenty-Three) of the Company's Articles of Association, concerning (the General Assembly Meeting of Shareholders). 26. Approval to amend Article (Twenty-Five) of the Company's Articles of Association, concerning (the Quorum of the Ordinary General Assembly). 27. Approval to amend Article (Twenty-Six) of the Company's Articles of Association, concerning (the Quorum of the Extraordinary General Assembly Meeting). 28. Approval to add Article (Twenty-Six) to the Company's Articles of Association, concerning (the Voting System in General Assemblies). 29. Approval to add Article (Twenty-Nine) to the Company's Articles of Association, concerning (the Powers of the Extraordinary General Assembly). 30. Approval of adding Article (Thirty) to the Company's Articles of Association, concerning the powers of the Ordinary General Assembly. 31. Approval of adding Article (Thirty-One) to the Company's Articles of Association, concerning the appointment, dismissal, and retirement of the Company's auditor. 32. Approval of amending Article (Thirty-Four) of the Company's Articles of Association, concerning profit entitlement. 33. Approval of rearranging and reclassifying the Articles of Association and numbering them in accordance with the proposed amendments. 34. Approval of amending the regulations governing the policies, standards, and procedures for membership on the Company's Board of Directors. 35. Approval of amending the regulations governing the remuneration of Board members, members of its subcommittees, and executive management. 36. Approval of amending the Corporate Governance Regulations. 37. Approval of amending the Audit Committee Regulations. 38. Approval of amending the Remuneration and Nominations Committee Regulations. |
