Saudi Arabian Mining Company (Maaden) Announces the Results of the 14th Extraordinary General Assembly Meeting (First Meeting).

1) H.E. Yaser bin Othman AlRumayyan (Chairman)

2) H.E. Eng. Khalid bin Saleh AlMudaifer (Vice Chairman)

3) H.E. Ahmed Abdulaziz Alhakbani

4) Mr. Abdallah bin Saleh bin Juma’ah

5) Dr. Mohammed bin Yahya Al-Qahtani

6) Dr. Ganesh Kishore

7) Dr. Manar Moneef AlMoneef

8) Eng. Nabilah bint Mohammed AlTunisi

9) Ms. Sofia Bianchi

10) Mr. Richard O’Brien

11) Mr. Robert Wilt

Dr. Manar Moneef AlMoneef

Chairman of Nomination and Remuneration Committee:

Mr. Abdallah bin Saleh bin Juma’ah

Chairman of Executive Committee:

Dr. Mohammed bin Yahya Al-Qahtani

Chairman of Safety & Sustainability:

Eng. Nabilah bint Mohammed AlTunisi

2. Approval on the External Auditors report for the fiscal year ended on 31st December 2025.

3. Reviewed and discussed the Board of Directors’ report for the fiscal year ended on 31st December 2025.

4. Approval to pay the amount of (SAR13,555,000) thirteen million five hundred fifty-five thousand Saudi Riyals as remuneration of the Board of Directors & Committees members for the fiscal year ended on 31st December 2025.

5. Approval on the businesses and contracts concluded during the fiscal year ended 31 December 2025 between Maaden and the Saudi Arabian Oil Company (Saudi Aramco), in which Board members H.E. Yasir O. Al‑Rumayyan (Non‑Executive Director) and Mohammed Al‑Qahtani (Non‑Executive Director) have an indirect interest. The transaction relates to a purchase agreement for raw materials and supplies, with a total value of SAR 4,050,545,646 (Four billion fifty million five hundred forty‑five thousand six hundred forty‑six Saudi Riyals), without preferential terms.

6. Approval on the businesses and contracts concluded during the fiscal year ended 31 December 2025 between Maaden and the Saudi Basic Industries Corporation (SABIC), in which Board members H.E. Yasir O. Al‑Rumayyan (Non‑Executive Director) and Mohammed Al‑Qahtani (Non‑Executive Director) have an indirect interest. The transaction relates to a marketing agreement and dividends for Maaden Phosphate Company and Maaden Wa’ad Al‑Shamal Phosphate Company, with a total value of SAR 4,272,403,263 (Four billion twohundred seventy‑two million four hundred three thousand two hundred sixty‑three Saudi Riyals), without preferential terms.

7. Approval on the businesses and contracts concluded during the fiscal year ended 31 December 2025 between Maaden and Alinma Bank, in which Board member H.E. Ahmed Abdulaziz Al‑Haqbani (Independent Director) has an indirect interest. The transaction relates to interest income earned on bank deposits, sukuk investments and loan borrowings, with a total value of SAR 133,502,290 (One hundred thirty‑three million five hundred two thousand two hundred ninety Saudi Riyals), without preferential terms, for General Assembly approval.

8. Approval on the businesses and contracts concluded during the fiscal year ended 31 December 2025 between Maaden and the Public Investment Fund (PIF), in which Board member H.E. Yasir O. Al‑Rumayyan (Non‑Executive Director) has an indirect interest. The transaction relates to a Finance cost incurred on long term borrowings from PIF and principal repayments with a total value of SAR 372,308,554 (Three hundred seventy‑two million three hundred eight thousand five hundred fifty‑four Saudi Riyals), without preferential terms, for General Assembly approval.

9. Approval on transferring the balance of the company’s statutory reserve, which amounts to SAR 157,732,649, as stated in the announced Annual Consolidated Financial Statements ended on 31 December 2025, to the Retained Earnings account.

10. Approval on delegating the Extraordinary General Assembly’s authorization powers stipulated in paragraph (1) of Article (27) of the Companies Law to the Board of Directors for a period of one year effective from the date of approval of the General Assembly or until the end of the term of the delegated Board, whichever is earlier, pursuant to the terms set out in the Implementing Regulations of the Companies Law for Listed Joint Stock Companies.

11. Approval on delegating the Extraordinary General Assembly’s authorisation powers stipulated in paragraph (2) of Article (27) of the Companies Law to the Board of Directors for a period of one year effective from the date of approval of the General Assembly or until the end of the term of the delegated Board, whichever is earlier, pursuant to the terms set out in the Implementing Regulations of the Companies Law for Listed Joint Stock Companies.