Lumi Rental Co. Announces the Results of the Extraordinary General Assembly Meeting (First Meeting)

Shareholders approved the results of the Extraordinary General Assembly held on June 21, 2026, which included the approval of the 2025 financial statements and the discharge of Board members from liability.
Approval was granted to transfer the General Reserve balance of SAR 29,476,955 and the Other Reserve balance of SAR 26,091,205 to Retained Earnings.
Ernst & Young was appointed as the external auditor for the 2026 fiscal year and first quarter of 2027 for a fee of SAR 850,000, and Board remuneration of SAR 3,075,000 was approved for FY 2025.
The assembly authorized several related party contracts and businesses conducted during 2025, including SAR 198.8 million in banking facilities with the Saudi Investment Bank and various service contracts with Seera Group Holding and Almosafer Travel and Tourism.

Element List	Explanation
Introduction	The Board of Directors of Lumi Rental Company is pleased to announce the results of the Extraordinary General Assembly Meeting (First Meeting).
City and Location of the General Assembly's Meeting	Riyadh - Head Office - Through modern technology means using the «Tadawulaty» platform.
Date of the General Assembly's Meeting	2026-06-21 Corresponding to 1448-01-06
Time of the General Assembly’s Meeting	19:45
Percentage of Attending Shareholders	72.42%
Names of the Board of Directors' Members Present at the General Assembly's Meeting and Names of the Absentees	All of the board members have attended the meeting, namely: 1. Eng. Mohammed Saleh Alkhalil (Chairman) 2. Mr. Ahmed Samer Hamdi Alzaim (Vice Chairman) 3. Mr. Abdullah Nasser Aldawood 4. Mr. Ibrahim Abdulaziz Alrashed 5. Mr. Sulaiman Nasser Alhatlan 6. Mr. Yasser Abdulaziz Alkadi 7. Mr. Khalid Mohammed Alamoudi
Names of the Chairmen of the Committees Present at the General Assembly's Meeting or Members of such Committees Attending on Their Behalf	All Chairmen of the Board’s Subcommittees have attended the meeting, namely: 1. Mr. Sulaiman Nasser Alhatlan - Chairman of the Audit Committee 2. Mr. Yasser Abdulaziz Alkadi - Chairman of the Nomination and Remuneration Committee 3. Mr. Abdullah Nasser Aldawood - Chairman of the Executive Committee
Voting Results on the Items of the General Assembly's Meeting Agenda's	Attached
Attached Documents	Attached Documents