Announcement of Fad International Company about the results of the Ordinary General Assembly Meeting (First Meeting).

Element List	Explanation
Introduction	Fad International Company announces to its shareholders the results of the Ordinary General Assembly Meeting (First Meeting), which was held at 7:00 PM on Tuesday, 01/01/1448 AH, corresponding to 16/06/2026 AD, in person at Jeddah - Judean Red Sea Mall - Floor (M) - Gala Hall (1 & 2), and also via modern technology - using Tadawulaty services; after the legal quorum for the validity of the meeting was met.
City and Location of the General Assembly's Meeting	Jeddah City - Judean Red Sea Mall - Floor (M) - Gala Hall (1&2), in person and via modern technology - using Tadawulaty services
Date of the General Assembly's Meeting	2026-06-16 Corresponding to 1448-01-01
Time of the General Assembly’s Meeting	19:00
Percentage of Attending Shareholders	85.87%
Names of the Board of Directors' Members Present at the General Assembly's Meeting and Names of the Absentees	1. Mr. Ayman Tarek Saleh Jamal - Chairman of the Board 2. Mr. Nafiz Riyad Al-Morhabi - Vice Chairman of the Board. 3. Mr. Eyad Abdullah Suliman Mashat - Managing Director and CEO 4. Ms. Tala Eyad Abdullah Mashat - 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. Mr. Nafez Riad Mohammad Al Morhabi - Chairman of the Audit Committee
Voting Results on the Items of the General Assembly's Meeting Agenda's	1. Approval of the company's auditor's report for the fiscal year ending December 31, 2025, after discussion. 2. Review and discussion of the Board of Directors' report for the fiscal year ending December 31, 2025. 3. Review and discussion of the company's financial statements for the fiscal year ending December 31, 2025. 4. Approval of the discharge of the Board of Directors from liability for the fiscal year ending December 31, 2025. 5. Approval of the appointment of Ernst & Young Professional Services as the company's auditor, from among the candidates recommended by the Audit Committee, to examine, review, and audit the company's interim financial statements for the first half ending June 30, 2026, and the annual financial statements ending December 31, 2026, for a fee of SAR 588,336 (five hundred eighty-eight thousand three hundred thirty-six Saudi Riyals). 6. Approval to disburse the amount of (913,120) nine hundred and thirteen thousand one hundred and twenty riyals as a reward for the members of the Board of Directors for the fiscal year ending on December 31, 2025. 7. Approval of the Board of Directors' recommendation to distribute cash dividends of SAR 6,000,000 (six million riyals) to shareholders for the fiscal year ending December 31, 2025, at a rate of SAR 5 per share, representing 50% of the share capital. Eligibility for dividends will be for shareholders who own shares at the close of trading on the day of the General Assembly meeting and are registered in the company's shareholder register at the Securities Depository Center Company (Edaa) at the end of the second trading day following the entitlement date. Dividend payments will commence on Thursday, June 25, 2026, via the payment agent, the Securities Depository Center Company (Edaa). Any shareholder experiencing difficulties with depositing funds into their account may contact the payment agent, the Securities Depository Center Company (Edaa), or the company via email at info@fadint.com or by phone at +966122616111. 8. Approval of authorizing the Board of Directors to distribute interim dividends to shareholders on a half-monthly basis. Or quarterly for the fiscal year ending December 31, 2026. 9. Approval of the transactions and contracts between the company and Femi Nine Bahrain, in which the Managing Director, Mr. Eyad Abdullah Sulaiman Mashat, has an indirect interest (clothing sales). The contract commenced in 2023 and has a term of five (5) years. The value of transactions during 2025 amounted to SAR 998,603. These transactions are conducted within the normal course of business and in accordance with prevailing commercial terms and conditions, without any preferential terms. 10. Approval of the transactions and contracts that took place between the company and Fad China Company, in which the Managing Director, Mr. Eyad Abdullah Suleiman Mashat, has an indirect interest, which is (expenses incurred by a related party on behalf of the company). Note that the contract started in 2023 and its duration is two years, and the value of transactions during 2025 is the amount of (3,210,846) riyals (debit transactions), and the value of the amount paid during 2024 is the amount of (3,172,174) riyals. These transactions take place in the context of normal business and in accordance with prevailing commercial terms and without any preferential terms.
Additional Information	The company wishes to draw the attention of non-resident foreign investors to the fact that cash distributions transferred through a resident financial intermediary are subject to a 5% withholding tax upon transfer or crediting to the intermediary's account, in accordance with Article (68) of the Tax Law and Article (63) of its Implementing Regulations. The company urges its valued shareholders to update their information and ensure that their bank account numbers are linked to their investment portfolios to guarantee timely receipt of their dividends. For any inquiries, please contact us via email at info@fadint.com or by phone at +966122616111.