Al Rashid Industrial Co. Announces the Results of the Extra Ordinary General Assembly’s Meeting Approving Increase ( First Meeting )

Shareholders approved a 50% capital increase from SAR 80 million to SAR 120 million through the issuance of bonus shares.
The increase involves granting one bonus share for every two shares held, funded by capitalizing SAR 40 million from retained earnings.
A new Board of Directors was elected for a three-year term starting July 2, 2026, with authorization granted to distribute interim dividends for the 2026 financial year.
The assembly approved the 2025 financial statements and related party transactions with Al Rashid Plastic Containers and Products Establishment totaling SAR 10,467,819.