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

Element List	Explanation
Introduction	Qomel announces to its shareholders the results of the Extraordinary General Assembly Meeting (First Meeting), which was held at 19:15 on Thursday, 04/12/1447H corresponding to 21/05/2026G, at the company’s head office located in Riyadh – Al Sulaymaniyah District – Mateen Center, Gate No. 4, through modern technology means using Tadawulaty services, after the legal quorum required for the validity of the meeting was achieved.
City and Location of the General Assembly's Meeting	The company’s head office located in Riyadh – Al Sulaymaniyah District – Mateen Center, Gate No. 4, through modern technology means using Tadawulaty services.
Date of the General Assembly's Meeting	2026-05-21 Corresponding to 1447-12-04
Time of the General Assembly’s Meeting	19:15
Percentage of Attending Shareholders	%69.86
Names of the Board of Directors' Members Present at the General Assembly's Meeting and Names of the Absentees	1. Dr. Nasser bin Abdulaziz Al-Mubarak – Chairman of the Board 2. Mr. Bandar bin Abdulrahman Al-Nimr – Vice Chairman of the Board 3. H.E. Dr. Hamad bin Abdullah Al-Manea – Board Member 4. Dr. Sultan bin Abdulaziz Al-Mubarak – Board Member 5. Mr. Hisham bin Abdullah Alagla– Managing Director and Chief Executive Officer
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. Abdulaziz Suleiman Abdulaziz Al-Sayari – Chairman of the Audit Committee 2. Dr. Sultan Abdulaziz Faisal Al-Mubarak – Chairman of the Nomination and Remuneration Committee
Voting Results on the Items of the General Assembly's Meeting Agenda's	1. Approval of the company auditor’s report for the fiscal year ended 31 December 2025 after discussion. 2. The Board of Directors’ report for the fiscal year ended 31 December 2025 was reviewed and discussed. 3. The company’s financial statements for the fiscal year ended 31 December 2025 were reviewed and discussed. 4. Approval of the discharge of liability of the Board members for the fiscal year ended 31 December 2025. 5. Approval of appointing Professional Consultants Company as the company’s external auditor from among the nominated candidates based on the recommendation of the Audit Committee, for the examination, review, and audit of the financial statements for the second quarter, third quarter, and annual financial statements of the fiscal year ending 31/12/2026G, and the first and second quarters of the fiscal year ending 31/12/2027G, for fees amounting to SAR 570,000 (Five Hundred Seventy Thousand Saudi Riyals). 6. Approval of authorizing the Board of Directors to distribute interim dividends to shareholders on a semi-annual or quarterly basis for the fiscal year ending 31 December 2026. 7. Approval of the amendment to the Corporate Governance Regulations. 8. Approval of the Policy for Controls and Standards for Competing with the Company. 9. Approval of the amendment to the Audit Committee Charter. 10. Approval of the amendment to the Nomination and Remuneration Committee Charter. 11. Approval of the amendment to the Policy, Standards, and Procedures for Membership in the Board of Directors. 12. Approval of the amendment to the Policy and Standards for the Remuneration of Board Members, Board Committees, and Executive Management. 13. Approval of the amendment to the Conflict-of-Interest Policy. 14. Approval of the amendment to Article (4) of the Company’s Bylaws relating to the Company’s Objectives.