Baazeem Trading Company Announces the results of the General Assembly Meeting (First Meeting)

Mr. Salem Saleh Baazeem. (Chairman) -1

2-Mis. Fawziah Saleh Baazeem . (Vice Chairman)

3-Mr. Ali Musleh Alwaqedi . (Member)

4- Mr. Abdullah Ahmed Balamesh. (Member)

5- Mr. Ali Mohammed Sheneamer . (Member)

No one was absent

1-Mr. Salem Saleh Baazeem.

(Chairman of the Executive Committee)

2-MR. Ali Mohammed Sheneamer .

(Chairman of the Nomination and Remuneration Committee)

3-MR. Abdullah Ahmed Balamesh.

(The Chairman of the Audit Committee)

2- The financial statements for the fiscal year ending on 31/12/2024 AD was reviewed and discussed.

3- Approved the company’s auditor’s report for the fiscal year ending on 31/12/2024 AD after discussing it.

4 - Approved of the appointment of Al-Kharashi & Partners Company(mazars)as the company’s auditor from among the candidates based on the recommendation of the Audit Committee, in order to examine, review and audit the financial statements for the second, third and annual quarters of the fiscal year 2025 AD and the first quarter of the year 2026 AD and determine his fees which amounted to (

335,000) SR,VAT excluded.

5 -Approved of the Board of Directors’ recommendation to distribute cash dividends in the amount of (11,137,500) riyals to shareholders for the second half of the fiscal year 2024 AD, at a rate of (0.11 riyals) per share and at a rate of (11%) of the capital, provided that the eligibility is for the shareholders who own the shares at the end of trading on the day of the meeting. The association and those registered in the company’s shareholder register with the Securities Depository Center Company (Depository Center) at the end of the second trading day following the maturity date, and Dividends will be deposited to shareholders on 29/10/1445 AH, corresponding to 27/04/2025 AD.

6 - Approved on the business and contracts concluded between the company and the Baazeem Trading Establishment in the State of Qatar, in which the member of the Board of Directors, Mr. Salem Saleh Mohammed Baazeem, has a direct interest, which is a group of commercial transactions carried out on a commercial basis and without preferential terms, in the amount of (6,680,950) riyals.

7- Approved on paying an amount of (2,095,000) SAR as remuneration to the Board members for the fiscal year ending on 31/12/2024 AD

8- Approved on delegating the Board of Directors to distribute interim dividends on a biannual / quarterly basis for the fiscal year 2025 AD.

If you have any inquiry, please contact the management(0114129999 extension no:( 777 ,222) or

e-mail:

bodirectores@baazeem.com