| Element List | Explanation |
|---|---|
| Introduction | BinDawood Holding Company Board of Directors is pleased to announce the results of the Extraordinary General Assembly Meeting (First Meeting) that was held on Wednesday 17 June 2026 corresponding to 02 Muharram 1448H at 07:30 PM through modern technology means upon achieving the required legal quorum for the Extraordinary General Assembly as per the Company’s Bylaws |
| City and Location of the General Assembly's Meeting | The Company Headquarter in Jeddah, Kingdom of Saudi Arabia - Through modern technology means via Tadawulaty platform. |
| Date of the General Assembly's Meeting | 2026-06-17 Corresponding to 1448-01-02 |
| Time of the General Assembly’s Meeting | 19:30 |
| Percentage of Attending Shareholders | %78.29 |
| Names of the Board of Directors' Members Present at the General Assembly's Meeting and Names of the Absentees | All the following board members have attended the meeting: 1. Dr. Abdulrazzaq Dawood BinDawood (Chairman of the Board) 2. Mr. AbdulKhaliq Dawood BinDawood (Vice Chairman) 3. Mr. Khalid Dawood BinDawood (Board Member) 4. Mr. Ahmed Abdulrazzaq BinDawood (Board Member) 5. Mr. Tariq Abdullah BinDawood (Board Member) 6. Dr. Abdulrahman Mohammad Al Barrak (Board Member) 7. Dr. Khalid Mohamed Altawil (Board Member) 8. Mr. Faris Ibrahim Alrashed Alhumaid (Board Member) 9. Mr. Wassim Mohammed Alkhatib (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. Dr. Abdulrazzaq Dawood BinDawood (Chairman of the Executive Committee) 2. Dr. Abdulrahman Mohammad Al Barrak (Chairman of the Audit Committee) 3. Dr. Khalid Mohamed Altawil (Chairman of the Nomination and Remuneration Committee) |
| Voting Results on the Items of the General Assembly's Meeting Agenda's | Attached |
| Attached Documents | Attached Documents |
BinDawood Holding Company Announces the Results of the Extraordinary General Assembly Meeting (First Meeting) through modern technology means
AI Summary
- Shareholders approved the financial statements, auditor's report, and board of directors' report for the fiscal year ended 31 December 2025.
- The Board of Directors was delegated the authority to distribute interim dividends on a semi-annual or quarterly basis for the 2026 fiscal year.
- Approved a share buyback of up to 1 million shares to be allocated for the Employee Share Ownership Plan (ESOP), funded by the company's own resources.
- Appointed KPMG Al Fozan & Partners as the external auditor for the 2026 fiscal year and Q1 2027 for a total fee of SAR 2,950,000.
Attachments
