| Element List | Explanation |
|---|---|
| Introduction | National Signage Industrial Co announces the results of the Extraordinary General Assembly Meeting. The first meeting was held after achieving the required legal quorum in accordance with the relevant regulations and the Company's bylaws. |
| City and Location of the General Assembly's Meeting | Via modern technology from the Company's headquarters in Riyadh. |
| Date of the General Assembly's Meeting | 2026-06-30 Corresponding to 1448-01-15 |
| Time of the General Assembly’s Meeting | 20:05 |
| Percentage of Attending Shareholders | 90,99% |
| Names of the Board of Directors' Members Present at the General Assembly's Meeting and Names of the Absentees | All members of the Board of Directors attended the meeting as follows: Mr. Abdulmohsen Al‑Khariji – Chairman of the Board Mr. Mohammed Al‑Khariji – Vice Chairman of the Board Mr. Mohammed Al‑Ghaith – Board Member Mr. Hamza Badeer – Board Member Mr. Yazid Aba Al‑Hassan – Board Member Mr. Mohammed bin Saqr – 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 | Mr. Mohamed El‑Sayed – Chairman of the Audit Committee |
| Voting Results on the Items of the General Assembly's Meeting Agenda's | Attached. |
| Additional Information | Should you have any inquiries, please contact the Investor Relations Department via e-mail: ir@signworldme.com |
| Attached Documents | Attached Documents |
National Signage Industrial Co. Announces the Results of the Extraordinary General Assembly Meeting (First Meeting)
AI Summary
- Shareholders of National Signage Industrial Co. approved the 2025 financial statements, auditor’s report, and the discharge of Board members from liability during the Extraordinary General Assembly held on June 30, 2026.
- The assembly approved several related party transactions, most notably sales to Al-Arabia for Out-of-Home Advertising totaling SAR 29.78 million and sales to Saudi Media Co. valued at SAR 5.22 million.
- Baker Tilly was appointed as the company's auditor for the first half and full year of 2026 with a determined fee of SAR 367,000 (excluding VAT).
- Significant amendments to the company’s Bylaws were ratified, covering articles related to the company name, capital increases, profit distribution policies, and the issuance of debt instruments and sukuk.
Attachments
