| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of Arabian International Healthcare Holding Co. (the “Company”) is pleased to announce the results of the Extraordinary General Assembly Meeting (First Meeting). |
| City and Location of the General Assembly's Meeting | Fairmont Hotel, Business Gate, Riyadh, and via modern technology (through the use of the Tadawulaty system). |
| Date of the General Assembly's Meeting | 2026-06-29 Corresponding to 1448-01-14 |
| Time of the General Assembly’s Meeting | 20:45 |
| Percentage of Attending Shareholders | (78.61%) |
| 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: 1. Chairman of the Board / Ziad AlTunisi 2. Vice-Chairman / Dr. Khalid Al Anazi 3. Board Member / Mr. Steven Swensen 4. Board Member / Mr. Bassem Bendary Hussein The following members of the Board of Directors were absent: 1. Board Member / HRH Prince Mohammed bin Abdulrahman bin Abdullah Al Faisal Al Saud 2. Board Member / Dr. Hesham Dinana 3. Board Member / Mr. Omar El Khatib |
| Names of the Chairmen of the Committees Present at the General Assembly's Meeting or Members of such Committees Attending on Their Behalf | The following committees chairmen attended the meeting: 1. Mr. Steven Swinson (Nomination and Remuneration Chairman) 2. Mr. Bassem Bendary Hussein (Audit Committee Chairman) |
| Voting Results on the Items of the General Assembly's Meeting Agenda's | 1. Approving the external auditor report for the year ending 31 December 2025G. 2. Approving to discharge the members of the Board of Directors from liability for the fiscal year ending on 31 December 2025G. 3. Approving the payment of the members of the Board of Directors remuneration a total amount of SAR 1,000,000 for the fiscal year ending on 31 December 2025G. 4. Approving the assignment of the external auditor KPMG Professional Services among the nominated candidates based on the recommendation of the Audit Committee to audit the financial statement of the semi-annual and annual for the fiscal year ending on 31 December 2026G, for fees of SAR 1,290,600 (One Million Two Hundred Ninety Thousand Six Hundred Saudi Riyals only). 5. Approving the assignment of the external auditor PWC Middle East based on the recommendation of the Audit Committee to audit the financial statement of the semi-annual and annual for the fiscal year ending on 31 December 2027G, for fees of SAR 1,202,516 (One Million Two Hundred Two Thousand Five Hundred Sixteen Saudi Riyals only). 6. Approving to delegating the Board of Directors with the powers of the Ordinary General Assembly, with the authorization mentioned in Paragraph (1) of Article 27 of the Companies Law, for a period of one year from the date of the General Assembly approval or until the end of the session of the delegated Board of Directors, whichever is earlier, in accordance with the conditions stipulated in the executive regulations of the corporate system for listed joint stock companies. 7. Approving to transferring the from the Other Reserves an amount of SAR 23,916,614 only, as stated in the announced consolidated Annual Financial Statements for the year ending 31 December 2025G, to Retained Earnings. |
| Additional Information | For any inquiries, please contact the Investor Relations Department through: Tel: (+966112439508) Email: investor-relations@tibbiyah.com Website: www.tibbiyah.com |
Arabian International Healthcare Holding Co. Announces the Results of the Extraordinary General Assembly Meeting (First Meeting)
AI Summary
- Arabian International Healthcare Holding Co. shareholders approved the transfer of SAR 23,916,614 from "Other Reserves" to "Retained Earnings" during the Extraordinary General Assembly held on June 29, 2026.
- The assembly approved the appointment of KPMG as external auditor for the 2026 fiscal year (SAR 1,290,600 fee) and PWC Middle East for the 2027 fiscal year (SAR 1,202,516 fee).
- Shareholders authorized SAR 1,000,000 in total remuneration for Board members and discharged them from liability for the fiscal year ending December 31, 2025.
- The Board of Directors was delegated the powers of the Ordinary General Assembly for one year, specifically regarding the authorizations mentioned in Article 27 of the Companies Law.
