Addendum Announcement from Arabian Cement Company Regarding the Results of the Extraordinary General Assembly (Third Meeting)

1- Approval of transferring the entire balance of the statutory reserve amounting to 500 million Saudi riyals as stated in the financial statements for the year ending December 31,2024, AD to the retained earnings item.

2- Approval of transferring the entire balance of the general reserve amounting to 95 million Saudi riyals as stated in the financial statements for the year ending December 31,2024, AD to the retained earnings item.

3- Disapproval of the establishment of an Employee Shares Program and the authorization of the Board of Directors to determine the terms and conditions of the program, including the offering price for each share allocated to employees, if applicable.

4- Approval of the purchase of maximum of 150,000 shares from its common stocks and keep them as treasury shares, for the purpose of allocating them to the Employees Shares Program as per regulations, provided that financing the purchase is from the company’s own resources, and authorizing the Board of Directors to complete the purchase within a maximum period of 18 months from the date of the Extraordinary General Assembly’s decision, and that the purchased shares are kept for a period not exceeding 5 years from the date of the Extraordinary General Assembly’s approval. After the expiration of this period, the company will follow the procedures and controls stipulated in relevant laws and regulations .