Allied Cooperative Insurance Group Announces the Results of the Ordinary General Assembly Meeting (Second Meeting)

Element List	Explanation
Introduction	Allied Cooperative Insurance Group announces the results of the Ordinary General Assembly meeting (the second meeting) due to the lack of a quorum in the first meeting, The second meeting was held an hour after the first meeting, with the quorum required for its convening, this is done In person and through modern technology through Tadawulaty
City and Location of the General Assembly's Meeting	ACIG Head office in Riyadh city –Heteen area – prince Turki bin Abdulaziz Alawal Road in person and through tadawul for electronic voting
Date of the General Assembly's Meeting	2026-06-10 Corresponding to 1447-12-24
Time of the General Assembly’s Meeting	20:30
Percentage of Attending Shareholders	24.25%
Names of the Board of Directors' Members Present at the General Assembly's Meeting and Names of the Absentees	The meeting of the Assembly was also attended by the following members of the Board of Directors: 1 - H.E. Dr. Abdulaziz bin Abdullah Alzoom (Chairman of the Board of Directors) 2 - Mr. Yasser Muhammad Nasser Al Jarallah (Vice-Chairman of the Board of Directors and Chairman of the Executive Committee). 3 - Mr. Fayez Saleh Bin Mahfouz (Chairman of the Investment Committee) 4 - Dr. Abdullah Ibrahim AlIbrahim. (Chairman of the Nominations and Remunerations Committee) 5 - Eng. Abdullatif Saud Almandeel. 6- Mr. Majid Ayedh Al-Juaid
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. Yasser Muhammad Nasser Al Jarallah (Chairman of the Executive Committee) 2- Mr. Fayez Saleh Bin Mahfouz (Chairman of the Investment Committee) 3- Dr. Abdullah Ibrahim AlIbrahim. (Chairman of the Nominations and Remunerations Committee) 4- Mr. Abdullah Abdul Rahman Al-Sheikh (Chairman of the Audit Committee) 5- Mr. Fadi Abu Alhassan (Chairman of the Risk Management 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 31 December 2025 was reviewed and discussed. 2- The financial statements for the fiscal year ending 31 December 2025 was reviewed and discussed. 3- Approval on the report of the company's auditors for the fiscal year ending 31 December 2025 after discussing it. 4- Approval of the appointment of PKF Al Bassam chartered Accountants and Auditors as auditors for the company, with fees amounting to 575,000 Saudi Riyals, and professional consultants company (mazars) chartered Accountants and Auditors, with fees amounting to 550,000 Saudi Riyals, to examine, review and audit the financial statements for the second, third, fourth and annual quarters of the fiscal year 2026, and the first quarter of the fiscal year 2027. 5- approval on the distribution of an amount of 1,005,535 Saudi Riyals as a bonus to the Board of Directors members for the fiscal year ending 31 December 2025 . 6- Approval on discharging the Board of Directors members for the fiscal year ending 31 December 2025.