| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of Al-Mawarid Manpower Company is pleased to announce the results of the Extraordinary General Assembly meeting (First Meeting). |
| City and Location of the General Assembly's Meeting | Through modern technology from the company's headquarters in Riyadh. |
| Date of the General Assembly's Meeting | 2025-09-28 Corresponding to 1447-04-06 |
| Time of the General Assembly’s Meeting | 06:30 |
| Percentage of Attending Shareholders | 56.43% |
| Names of the Board of Directors' Members Present at the General Assembly's Meeting and Names of the Absentees | The following members of the Board of Directors attended the meeting remotely: Mr. Ahmed Mohammed Al-Rukban - Chairman. Mr. Abdullah Ibrahim Al-Omaier - Vice Chairman. Mr. Riyad Ibrahim Al-Romizan - Board Member and CEO Mr. Tariq Ali Al-Awaji - Board Member. Mr. Yousef Abdullah Al-Olayan - Board Member. Mr. Abdul Aziz Othman Al Nasser - Board Member. No one was absent from the attendance |
| Names of the Chairmen of the Committees Present at the General Assembly's Meeting or Members of such Committees Attending on Their Behalf | Mr. Abdul Aziz Othman Al-Nasser - Member of the Audit Committee. Mr. Yousef Abdullah Al-Olayan - Chairman of the Executive Committee. Mr. Yousef Abdullah Al-Olayan - Chairman of the Nominations and Remuneration Committee. |
| Voting Results on the Items of the General Assembly's Meeting Agenda's | 1. Approval of the election of members of the Board of Directors for the upcoming Board term, which begins on October 11, 2025 AD for a period of 3 years ending on October 10, 2028 AD. The elected members are: - Yousef Abdullah Ibrahim Al-Olayan - Abdullah Ibrahim Mohamed Al-Omaier - Abdul Aziz bin Mutab bin Abdullah Al Rashid - Abdul Aziz Othman Al Nasser - Ahmed Mohammed Othman Al-Rukban - Riyad bin Ibrahim Al-Romizan - Tariq bin Ali bin Mohamed Al-Awaji 2. Approval of the delegating to the Board of Directors for the upcoming session, which begins on October 11, 2025, to exercise the powers of the General Assembly the authorization stipulated in Paragraph (a) of Article Twenty-Seven of the Companies Law, for a period of one year from the date of approval of the General Assembly or until the end of the term of the authorized Board of Directors, whichever is earlier, in accordance with the conditions set forth in the executive regulations of the Companies Law for listed joint-stock companies. 3. Approval of amending Article Four of the Company’s Articles of Association by adding additional activities to the Company’s current business activities, to Providing management consulting expertise, mediation in recruiting expatriate workers, temporary employment agencies for domestic services, and employment agency activities for expatriate worker services. 4. Approval of the Board of Directors’ recommendation to transfer the entire balance of the statutory reserve as of June 30, 2025, amounting to 45,000,000 million Saudi riyals (forty-five million riyals) to the retained earnings account. |
| Additional Information | In case of any inquiries, please contact the Investor Relations Department via e-mail: IR@mawarid.com.sa |
