National Gypsum Co. Announces the Results of the Extraordinary General Assembly Meeting (Third Meeting)

Mr. Fahad bin Thunayan bin Fahad Al-Thunayan – Vice Chairman of the Board

Mr. Majed Tarek Salah Gharbawi – Managing Director

Mr. Saud bin Abdullah bin Fahad Al-Thunayan – Board Member

Mr. Mohammed bin Saleh bin Abdulaziz Al-Awwad – Board Member

Mr. Saud bin Ahmed Abdullah Al-Thunayan – Board Member

Mr. Ahmed bin Abdullah bin Abdulrahman Al-Mohsen – Board Member

Mr. Fahad bin Mohammed Barak Al-Habardi – Board Member

Mr. Mohammed bin Saleh bin Abdulaziz Al-Awwad – Chairman of the Nomination and Remuneration Committee

Mr. Nawaf bin Abdulmajeed Khashoggi – Chairman of the Audit Committee

2. Approval to transfer SAR 64,234,323 from the statutory reserve, as shown in the financial statements, to offset accumulated losses amounting to SAR 64,234,323 as of 30/09/2025 G.

3. Approval to transfer SAR 30,765,675 from the statutory reserve (as of 30/09/2025 G ) to retained earnings.

4. Approval to transfer SAR 3 from the statutory reserve to the paid-up capital, bringing the Company’s capital to SAR 316,666,670, with a nominal value of SAR 10 per share and a total of 31,666,667 shares.

5. Approval of the amendment to the Audit Committee Charter.

6. Approval of the amendment to the Policies, Standards, and Procedures for Board Membership.

7. Approval of the amendment to the Remuneration and Nomination Committee Charter.

8. Approval of the amendment to the Board and Committee Members’ and Executive Management Remuneration Policy.

9. Approval of the Regulation and Controls for Participation in Competing Businesses.