Saudi Parts Center Co. Announces the Results of the Ordinary General Assembly Meeting (First Meeting)

2. Mr. Abdullah bin Hamad bin Abdulaziz Alkhorayef

3. Mr. Fahad bin Mohammed bin Abdulaziz Alkhorayef

4. Mr. Sultan bin Hazaa bin Al-Asimi

5. Mr. Mohammed bin Rashid Abalkhail

Mr. Youssef Al-Awam (Audit Committee Member)

Mr. Mamdouh Sabry (Audit Committee Member)

2. Review and discuss the financial statements for the fiscal year ending on 31/12/2024.

3. Approval on the company’s auditor report for the fiscal year ending on 31/12/2024 after discussion.

4. Approval on the disbursement of a remuneration to the members of the Board of Directors for the fiscal year ending on 31/12/2024 in the amount of SAR 248,000, in accordance with the Board of Directors’ report.

5. Approval on discharging the members of the Board of Directors from liability for the fiscal year ending on 31/12/2024.

6. Approval of the election of Board of Directors members from among the candidates for the second term:

- Saad bin Abdullah Al-Khorayef

- Abdullah Hamad Abdulaziz Al-Khorayef

- David Henderson

- Abdulrahman Alangari

- Muath Almajed

The term begins on the date of the Ordinary General Assembly meeting on June 23, 2025, and continues for a period of four years, ending on June 23, 2029.

7. Approval of the appointment of (KPMG) as the Company's auditor from among the candidates based on the recommendation of the Audit Committee, to examine, review and audit the annual and semi-annual financial statements of the fiscal year 2024, where the auditor’s fees amount to 375,000 riyals.

8. Approval on authorizing the Board of Directors with the authority of the Ordinary General Assembly to issue the license stated in paragraph (1) of Article 27 of the Companies Law, for a period of one year from the date of the Assembly’s approval or until the end of the term of the authorized Board of Directors, whichever comes first, in accordance with the conditions stated in the executive regulations of the Companies Law for listed joint-stock companies.

9. Approval on authorizing the Board of Directors to distribute interim dividends on an annual or semi-annual basis for the fiscal year 2025.

Phone No: 0118212553

Email: aaltayyar@spc-parts.com