Halwani Bros. Co. Announces the Results of the Extraordinary General Assembly Meeting (First Meeting)

Shareholders approved the financial statements, Board of Directors' report, and auditor's report for the fiscal year ended December 31, 2025, while discharging board members from liability.
Dr. Mohamed Al-Amri & Co. (BDO) was appointed as the external auditor for the 2026 fiscal year and the first quarter of 2027, with total fees set at SAR 535,000 excluding VAT.
The assembly ratified several related-party contracts conducted in 2025, including a SAR 8.4 million agreement with Express Food Company and a SAR 2.1 million agreement with Aquat Food Industries.
Amendments were approved for multiple Articles of the Company’s Bylaws, including those governing the company's name, objectives, head office, and incorporation.

Element List	Explanation
Introduction	The Board of Directors of Halwani Bros. Co. is pleased to announce the results of the Extraordinary General Assembly Meeting (First Meeting), which was held through modern technology tools, at (19:30 P.M.) on Wednesday 09/1/1448 AH, corresponding to 24/ 06/ 2026.
City and Location of the General Assembly's Meeting	Jeddah - At the Company’s Headquarter through modern technology tools, using Tadawulaty Platform.
Date of the General Assembly's Meeting	2026-06-24 Corresponding to 1448-01-09
Time of the General Assembly’s Meeting	19:30
Percentage of Attending Shareholders	76.22%
Names of the Board of Directors' Members Present at the General Assembly's Meeting and Names of the Absentees	The following members of the Board of Directors attended the General Assembly meeting: 1) Eng. Abdulaziz M. Yamani – Chairman of the Board 2) Mr. Jameel Abdullah Al-Molhem– Vice Chairman of the Board 3) Eng. Sakhr A. Jamjoom 4) Mr. Mohamed A. Halwani 5) Mr. Abdulelah A. Sabbahi 6) Eng. Mohammed H. Alklaiby 7) Eng. Anees Ahmed Moumina 8) Mrs. May Ihsan AbuGhazalah Absent with apology: 1) Mr. Mohammed Jalal Ali Fahmy.
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. Abdulelah A. Sabbahi – Chairman of the Audit Committee. 2) Eng. Mohammed H. Alklaiby – Chairman of Nomination and Remuneration Committee.
Voting Results on the Items of the General Assembly's Meeting Agenda's	Attached
Attached Documents	Attached Documents