The United International Transportation Company (Budget Saudi) Announces the Results of the Ordinary General Assembly Meeting (First Meeting)

Approved a cash dividend of SAR 0.75 per share for the second half of 2025, totaling SAR 78.17 million, with distribution starting July 6, 2026; the Board was also authorized to distribute interim dividends for fiscal year 2026.
Appointed RSM as the external auditor for the period covering Q2 2026 through Q1 2029 for a total fee of SAR 2.75 million (excluding VAT).
Ratified several related party transactions for 2025, including financing contracts with Saudi Fransi Bank (SAR 149.5 million) and Saudi National Bank (SAR 76.2 million), as well as insurance and sales agreements.
Granted approval for Board members Abdulwahab Abdulkarim Albetari and Ali Hadi Almansour to participate in businesses that compete with the company.

Element List	Explanation
Introduction	The Board of Directors of The United International Transportation Company (Budget Saudi) is pleased to announce the results of the Ordinary General Assembly (First Meeting), which was held on Thursday 18-06-2026 Corresponding to 03-01-1448 at 06:30 PM via modern technology means.
City and Location of the General Assembly's Meeting	From the Company’s head office in Jeddah - Through modern technology means.
Date of the General Assembly's Meeting	2026-06-18 Corresponding to 1448-01-03
Time of the General Assembly’s Meeting	18:30
Percentage of Attending Shareholders	37.54
Names of the Board of Directors' Members Present at the General Assembly's Meeting and Names of the Absentees	The Board Members who attended the meeting are: 1.Mr. Abdulwahab Abdulkarim Albetari (Vice Chairman of the Board of Directors) 2.Eng. Ahmed Abdullatif Albarrak 3.Mr. Abdallah Abdulmalik Alshaikh 4.Mr. Ali Hadi Almansour 5.Mr. Osama Ahmed Banaja The Board Members who did not attend the meeting are: 1.Dr. Ibrahim Saad AlMojel (Chairman of the Board of Directors) 2.Mr. Yazeed Saleh Alyahya 3.Mr. Naif Abduljallel Al saif
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. Adeeb Mohammed Abanumi (Chairman of the Audit Committee) 2.Eng. Ahmed Abdullatif Albarrak (Chairman of the Nominations and Remuneration Committee)
Voting Results on the Items of the General Assembly's Meeting Agenda's	Attached
Attached Documents	Attached Documents