Hawyia Auctions Co. Announces the Results of the Ordinary General Assembly Meeting (First Meeting)

Shareholders approved a cash dividend of SAR 10 million (SAR 0.50 per share) for the 2025 fiscal year, with eligibility set for shareholders registered on the meeting date of June 7, 2026.
The Board of Directors was authorized to distribute interim dividends on a semi-annual or quarterly basis for the 2025 fiscal year.
Approval was granted for board remuneration totaling SAR 376,000 for the 2025 fiscal year and the appointment of external auditors for the 2026 fiscal year for a fee of SAR 220,800.
A real estate marketing and brokerage agreement with Al-Sulaiman Real Estate Company was approved, involving commissions of 2.5% on sales, 5% on annual rentals, and a 10% cost-plus rate on marketing costs.

Element List	Explanation
Introduction	The Board of Directors of Hawyia Auctions Company is pleased to announce the results of the Ordinary General Assembly Meeting (First Meeting), which was held on Sunday, 21/12/1447 corresponding to 07/06/2026, following the completion of the legal quorum.
City and Location of the General Assembly's Meeting	Via modern technical means of transportation (Online) at the Company’s Head Office in the city of Riyadh
Date of the General Assembly's Meeting	2026-06-07 Corresponding to 1447-12-21
Time of the General Assembly’s Meeting	19:45
Percentage of Attending Shareholders	88.83%
Names of the Board of Directors' Members Present at the General Assembly's Meeting and Names of the Absentees	Attending Board Members: 1-Mr. Mohammed Abdullah Mohammed Al-Olayan Chairman of the Board. 2-Mr. Abdullah Emad Al-Askar – Vice Chairman of the Board and Chief Executive Officer. 3-Mr. Badr Mohammed Al-Sulaiman – Board Member. 4-Mr. Waleed Mohammed Al-Bassam – Board Member. 5-Mr. Nader Hassan Al-Omari – Board Member.
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. Waleed Mohammed Al-Bassam – Chairman of the Audit Committee.
Voting Results on the Items of the General Assembly's Meeting Agenda's	1- Reviewing and discussing the Board Report for the fiscal year ended 31st December 2025. 2- Reviewing and discussing the Financial Statements for the fiscal year ended 31st December 2025 . 3- Approval of the Company's external auditor report for the fiscal year ended December 31, 2025, following its discussion. 4- Approved of the payment of remuneration to the Board of Directors members for the fiscal year ended December 31, 2025, with a total amount of SAR 376,000. 5- Approval of authorizing the Board of Directors to distribute interim dividends on a semi-annual or quarterly basis for the fiscal year ending 31/12/2025. 6- Approval of appointing Yasser Al-Zouman, Khalid Al-Fahad , Zaher Al-Hajjaj for Professional Consulting from among the candidates based on the Audit Committee’s recommendation, to examine, review, and audit the semi-annual and annual financial statements for the fiscal year ending 31/12/2026 for a total fee of SAR 220,800, excluding VAT. 7- Approval of the Board of Directors’ recommendation dated 10/03/2026 to distribute cash dividends amounting to SAR 10,000,000 to shareholders for the fiscal year ended 31/12/2025 at (SAR 0.50 per share). Eligibility shall be for shareholders owning shares at the end of trading on the General Assembly day, and who are registered in the Company’s shareholder registry at the Securities Depository Center Company (Edaa) at the end of the second trading day following the General Assembly date. Dividend distribution shall commence within a period not exceeding (15) fifteen days from the eligibility date. 8- Approval of the businesses and contracts that will be executed for the fiscal year ending 31/12/2026 between the Company and Al-Sulaiman Real Estate Company, in which Board Members: (Mohammed Al-Olayan – Non-Executive Member), (Abdullah Al-Askar – Executive Member), and (Bader Al-Sulaiman – Non-Executive Member) have an (indirect) interest. These transactions consist of an exclusive marketing and real estate brokerage agreement concluded with Al-Sulaiman Real Estate Company to market, sell, and lease its real estate projects (current and future) without being limited to a specific project, in exchange for a commission of (2.5%) of the sale value of real estate units (excluding lands), and (5%) of the annual rental value, in addition to marketing and branding costs based on the (Cost-Plus) principle at a rate of (10%) on approved costs, without any preferential conditions or advantages. 9-Approval of delegating the powers of the Ordinary General Assembly to the Board of Directors with the authorization stipulated 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 delegated Board of Directors’ term, whichever is earlier, in accordance with the conditions set forth in the Implementing Regulation of the Companies Law for Listed Joint Stock Companies 10- Approved the release of the Board of Directors members from liability for the fiscal year ended 31/12/2025.