| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of Al Moammar Information Systems Company is pleased to announce the results of the Ordinary General Assembly Meeting (First Meeting). |
| City and Location of the General Assembly's Meeting | Through modern technology means from the company's headquarters in Riyadh, Al-Sahafa District, Al-Thumama Road (using only the Tadawulaty system). |
| Date of the General Assembly's Meeting | 2026-06-02 Corresponding to 1447-12-16 |
| Time of the General Assembly’s Meeting | 18:30 |
| Percentage of Attending Shareholders | 63.614% |
| Names of the Board of Directors' Members Present at the General Assembly's Meeting and Names of the Absentees | The meeting was attended by the following members of the Board of Directors: Mr. Khalid Abdullah Al Moammar – Chairman of the Board Mr. Ibrahim Abdullah Al Moammar – Vice Chairman of the Board Mr. Abdul Karim Ibrahim Al Nafie – Board Member / Chairman of the Audit Committee Mr. Fahad Saad Bin Moammar – Board Member Mr. Faraj Mansour Abu Thnain – Board Member / Chairman of the Nomination and Remuneration Committee Mr. Abdullah bin Ibrahim Al Moammar – Board Member Mr. Saud bin Khalid Al Moammar – 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. Abdul Karim Al Nafie – Chairman of the Audit Committee Mr. Faraj Mansour Abu Thnain – Chairman of the Nomination and Remuneration Committee |
| Voting Results on the Items of the General Assembly's Meeting Agenda's | 1. The Board of Directors’ report for the fiscal year ended 31/12/2025G was reviewed and discussed. 2. The Company’s financial statements for the fiscal year ended 31/12/2025G were reviewed and discussed. 3. The auditor’s report for the Company for the fiscal year ended 31/12/2025G was approved after discussion. 4. The discharge of the members of the Board of Directors from liability for their management during the fiscal year ended 31/12/2025G was approved. 5. The payment of a remuneration amounting to SAR (2,220,000) to the members of the Board of Directors for the fiscal year ended 31/12/2025G was approved. 6. The appointment of Dr. Mohammed Al-Omari & Partners (BDO), as recommended by the Audit Committee, as the Company’s external auditor from among the candidates, to review, audit, and examine the quarterly financial statements for the second and third quarters and the annual financial statements for 2026G, as well as the first quarter of the 2027G fiscal year, with total fees amounting to SAR (1,900,000), was approved. 7. The authorization of the Board of Directors to distribute interim dividends on a semi-annual or quarterly basis for the fiscal year ending 31/12/2026G was approved. 8. The approval of the cash dividends distributed to shareholders for the fiscal year ended 31/12/2024G was approved. 9. The authorization of the Board of Directors with the powers of the Ordinary General Assembly under paragraph (1) of Article 27 of the Companies Law was approved, for a period of one year from the date of the Ordinary General Assembly’s approval or until the end of the delegated Board term, whichever is earlier, in accordance with the conditions set out in the Implementing Regulations of the Companies Law for listed joint stock companies. |
| Additional Information | If you have any questions, please contact the Investor Relations Department through; - Email: IR@mis.com.sa - Phone: 920020261 |
Al Moammar Information Systems Co. Announces the Results of the Ordinary General Assembly Meeting (First Meeting)
AI Summary
- Shareholders of Al Moammar Information Systems Co. approved all agenda items during the Ordinary General Assembly Meeting held on June 2, 2026, with a 63.614% attendance rate.
- The Board of Directors was authorized to distribute interim dividends on a quarterly or semi-annual basis for the 2026 fiscal year.
- Approval was granted for SAR 2.22 million in Board remuneration for the 2025 fiscal year and the discharge of Board members from liability for the same period.
- Dr. Mohammed Al-Omari & Partners (BDO) was appointed as the external auditor for the 2026 fiscal year and Q1 2027, with total fees amounting to SAR 1.9 million.
