Altharwah Albashariyyah Co. (Tharwah) Announces the Results of the Ordinary General Assembly Meeting (First Meeting)

Element List	Explanation
Introduction	Altharwah Albashariyyah Co. announces to its shareholders the results of the Ordinary General Assembly Meeting (First Meeting), which was held at 8:30 p.m. on Thursday, 10/01/1448H corresponding to 25/06/2026G, at the company’s headquarters located in Riyadh – Al Narjis District – Othman Bin Affan Road, through modern technology means (remotely) via Tadawulaty services, following the completion of the quorum required for the meeting to be valid.
City and Location of the General Assembly's Meeting	At the Company’s headquarters located in Riyadh – Al Narjis District – Othman Bin Affan Road, through modern technology means (remotely) via Tadawulaty services.
Date of the General Assembly's Meeting	2026-06-25 Corresponding to 1448-01-10
Time of the General Assembly’s Meeting	20:30
Percentage of Attending Shareholders	89.17%
Names of the Board of Directors' Members Present at the General Assembly's Meeting and Names of the Absentees	1. Mr. Abdullah Saud Mohammed Aldablan – Chairman of the Board 2. Mr. Fahad Saad Abdullah bin Muammar – Vice Chairman of the Board 3. H.E. Eng. Osama Abdulaziz Abdullah Alzamil – Board Member 4. Mr. Abdullah Mardi Ahmed Alzahrani – Managing Director 5. Dr. Saleh Khalaf Hassan Alharthi – Board Member and Chief Executive Officer
Names of the Chairmen of the Committees Present at the General Assembly's Meeting or Members of such Committees Attending on Their Behalf	1. Mr. Khalid Ali Ibrahim Otain – Chairman of the Audit Committee 2. Mr. Fahad Saad Abdullah bin Muammar – Chairman of the Nomination and Remuneration Committee
Voting Results on the Items of the General Assembly's Meeting Agenda's	1. Approval of the auditor’s report for the fiscal year ending on December 31, 2025, after discussion. 2. Review and discussion of the Board of Directors’ report for the fiscal year ending on December 31, 2025. 3. Review and discussion of the company’s financial statements for the fiscal year ending on December 31, 2025. 4. Approval to release the members of the Board of Directors from liability for the fiscal year ending on December 31, 2025. 5. Approval of the appointment of "Maham Professional Consulting" as the company’s external auditor from among the nominated candidates based on the recommendation of the Audit Committee, to examine, review, and audit the annual financial statements for the fiscal year ending on December 31, 2026, and the semi-annual financial statements for the period ending on June 30, 2026, for a fee of SAR 400,000. 6. Approval of authorizing the Board of Directors to distribute interim dividends to shareholders on a semi-annual or quarterly basis for the fiscal year ending on December 31, 2026. 7. Approval of delegating to the Board of Directors the Ordinary General Assembly's authority to issue the license stated in Paragraph (1) of Article Twenty-Seven of the Companies Law, for one year from the date of the General Assembly’s approval or until the end of the delegated Board’s term, whichever comes first, in accordance with the conditions set out in the Implementing Regulations of the Companies Law for Listed Joint Stock Companies. 8. Approval of the participation of Board member H.E. Eng. Osama Abdulaziz Abdullah Al-Zamil in an activity competing with the company. 9. Approval of the participation of the Chief Executive Officer and Board member, Dr. Saleh bin Khalaf bin Hassan Al-Harthi, in an activity competing with the company. 10. Approval of the businesses and contracts with related parties, which are transactions carried out during 2025 between the company and The Company for Cooperative Insurance (Tawuniya), in which Mr. Fahad bin Saad bin Muammar has an indirect interest, in his capacity as a Board member of Altharwah Albashariyyah Co. until 31/12/2025 and Vice Chairman of the Board of Directors of Altharwah Albashariyyah Co. from 01/01/2026, and in his capacity as Chief Investment Officer at Tawuniya. These transactions consist of insurance policies during 2025 with a total amount of SAR 1,725,518, with no preferential terms or benefits.