| Element List | Explanation |
|---|---|
| Introduction | Rasan Information Technology Co announces the Ordinary General Assembly Meeting’s results (First Meeting), which was held at 18:45 PM on Wednesday 22 Dhu Alhejah 1446H corresponding to 18 June 2025 through modern technology means. |
| City and Location of the General Assembly's Meeting | The Company’s Ordinary General Assembly Meeting was held through modern technology means from the Company’s Head Office in Riyadh- Qurtuba District, Al-Thumama Road. |
| Date of the General Assembly's Meeting | 2025-06-18 Corresponding to 1446-12-22 |
| Time of the General Assembly’s Meeting | 18:45 |
| Percentage of Attending Shareholders | 31.78% |
| Names of the Board of Directors' Members Present at the General Assembly's Meeting and Names of the Absentees | The following Board members have attended the meeting: 1. H.E. Majed Abdullah Al-Bawardi (The Chairman of the Board of Directors) 2. Mr. Abdulrahman Abdullah Al-Aiban (Board Member) 3. Mr. Mouayed Abdullah Al-Fallaj (The Managing Director and CEO) 4. Mr. Turki Salman Al-Sudairy (Board Member) 5. Mrs. Basmah Abdulrahman Al-Sunaidi (Board Member) Apologized for attending the meeting: 1. Mr. Abdulaziz Abdulrahman Al-Omran (The Vice Chairman of the Board of Directors) 2. Dr. Fahad Ahmed Abu Haimed (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. H.E. Majed Abdullah Al-Bawardi (Chairman of the Executive Committee) 2. Mr. Abdulrahman Abdullah Al-Aiban (Chairman of the Audit Committee and the Nomination & Remuneration Committee) |
| Voting Results on the Items of the General Assembly's Meeting Agenda's | Item (1) The Board of Directors report for the fiscal year ending on 31 December 2024 has been viewed and discussed. Item (2) The Financial Statements for the fiscal year ending on 31 December 2024 has been viewed and discussed. Item (3) The report of the Company’s auditor for the financial year ending on 31 December 2024 has been approved after being discussed. Item (4) Approve discharging of the Board of Directors members liabilities for the fiscal year ended on 31 December 2024. Item (5) Approve the Board of Directors’ decision to appoint Mr. Turki Salman Al-Sudairy as an independent member of the Board of Directors, starting from the date of his appointment on 27 April 2025, to complete the current Board term, succeeding the former member, Mr. Mohammed bin Muhaidib Al-Muhaidib. |
