| Element List | Explanation |
|---|---|
| Introduction | Horizon Educational Co. announces to its shareholders the results of the Ordinary General Assembly Meeting (First Meeting), which was held at 7:00 PM on Wednesday, 16/01/1448 AH, corresponding to 01/07/2026 AD, at the company's headquarters located in Riyadh - Al-Wurud District - Al-Fujairah Street - via modern technology - using Tadawulaty services; after the legal quorum for the validity of the meeting was met. |
| City and Location of the General Assembly's Meeting | At the company's headquarters in Riyadh - Al-Wurood District - Fujairah Street, using modern technology (remotely) - using my trading services |
| Date of the General Assembly's Meeting | 2026-07-01 Corresponding to 1448-01-16 |
| Time of the General Assembly’s Meeting | 19:00 |
| Percentage of Attending Shareholders | 78.11% |
| Names of the Board of Directors' Members Present at the General Assembly's Meeting and Names of the Absentees | 1) Dr. Jawaher Ibrahim Abdullah Al-Harqan - Chairperson of the Board 2) Mr. Ahmed Abdullah Abdulrahman Al-Kanhal - Vice Chairman of the Board 3) Mr. Bader Ali Saleh Al-Turki - Board Member 4) Mr. Nayef Abdulaziz Abdullah Al-Obaid - Board Member 5) Mr. Mohammed Hussein Juwaid Al-Damer - Board Member 6) Mr. Khalid Hamad Hassan Al-Saadoun - 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 | 1. Mr. Abdullah Abdul Aziz Ghanem Al Ghanem - Chairman of the Audit Committee 2. Mr. Bader Ali Saleh Al Turki - Chairman of the Nominations and Remuneration Committee |
| Voting Results on the Items of the General Assembly's Meeting Agenda's | 1. Approval of the amendment to the Audit Committee's Rules of Procedure. 2. Approval of the amendment to the Nominations and Remuneration Committee's Rules of Procedure. 3. Approval of the amendment to the policy and criteria for remuneration of Board members, its subcommittees, and executive management. 4. Approval of the Corporate Governance Regulations. 5. Approval of the Corporate Competition Controls and Standards Policy. 6. Approval of the Board Membership Policy, Criteria, and Procedures. 7. Approval of the Conflict of Interest Policy. |
Horizon Educational Co. Announces the Results of the Ordinary General Assembly Meeting (First Meeting)
AI Summary
- Horizon Educational Co. held its Ordinary General Assembly Meeting on July 1, 2026, with a shareholder attendance rate of 78.11%.
- Shareholders approved the company's Corporate Governance Regulations, Conflict of Interest Policy, and Corporate Competition Controls and Standards Policy.
- Amendments were approved for the rules of procedure for both the Audit Committee and the Nominations and Remuneration Committee.
- Approval was granted for the Board Membership Policy, Criteria, and Procedures, as well as the updated remuneration policy for Board members, subcommittees, and executive management.
