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

1- Eng. Thamer Abdullah Mohammed AlRayes - Chairman.

2- Eng. Turki Abduallah Mohammed AlRayes- Vice Chairman.

3- Eng. AbdulMajeed Abdulmohsen Alshaikh - Board Member and the CEO.

4-Eng. Mohammed AbdualMohsen Alshaikh- Board member.

5- Mr. Ahmed Zaki Mohamed Alfraih- Board member

The following directors were absent:

-1 Mr. Raeed Abduallah Aljalajel- Board member.

2. Mr. Ahmed Zaki Mohamed Alfraihl -Audit Committee member.

3. Mr. Ahmed Zaki Mohamed Alfraih - Chairman of the Remuneration and Nomination Committee.

2- Approved the Company’s auditor’s report for the fiscal year ended 31-12-2025 after discussing it.

3- Reviewed and discussed the Company’s financial statements for the fiscal year ended 31-12-2025.

4- Approved on discharging the Board of Directors from liability for the fiscal year ended 31-12-2025.

5- Approved Board remuneration of SAR 697,178 for the fiscal year ended 31-12-2025.

6- Appointed Alzoman, Alfahad & Alhajjaj CPA as the Company’s auditor, as recommended by the Audit Committee, to review and audit the 2026 interim and annual financial statements, for fees of SAR 149,000.

7- Approved on Delegating to the Board of Directors the authority of the Ordinary General Assembly to grant the authorization set out in Paragraph (1) of Article 27 of the Companies Law, for one year from the date of the General Assembly’s approval or until the end of the Board’s term (whichever is earlier), in accordance with the applicable executive regulations for listed joint stock companies.

8- Approved the transactions and contracts concluded in 2025 between the Company and Taya Real Estate Company, in which the Chairman, Eng. Thamer bin Abdullah bin Rayes, and the Vice Chairman, Eng. Turki bin Abdullah bin Rayes (both non-executive), have an indirect interest. The transaction is a one-year lease to Jedaya Investment Company (a subsidiary of Mayar Holding Company), on prevailing commercial terms, valued at SAR 240,000.

9- Approved the 2025 transactions and contracts between the Company and Taya Real Estate Company, in which the Chairman, Eng. Thamer bin Abdullah bin Rayes, and the Vice Chairman, Eng. Turki bin Abdullah bin Rayes (both non-executive), have an indirect interest. The transaction is a one-year lease to Mayar Holding Company, on prevailing commercial terms, valued at SAR 211,250.

10- Approved the 2025 transactions and contracts between the Company and Taya Real Estate Company, in which the Chairman, Eng. Thamer bin Abdullah bin Rayes, and the Vice Chairman, Eng. Turki bin Abdullah bin Rayes (both non-executive), have an indirect interest. The transaction is a one-year lease of a warehouse and accommodation for Fuji Saudi Arabia for Elevators and Escalators (a subsidiary of Mayar Holding Company), on prevailing commercial terms, valued at SAR 587,500.

11- Approved the 2025 transactions and contracts between the Company and Taya Real Estate Company, in which the Chairman, Eng. Thamer bin Abdullah bin Rayes, and the Vice Chairman, Eng. Turki bin Abdullah bin Rayes (both non-executive), have an indirect interest. The transaction is a one-year lease of a warehouse and accommodation for Gulf Elevators and Escalators (a subsidiary of Mayar Holding Company), on prevailing commercial terms, valued at SAR 450,000.

12- Approved the 2025 transactions and contracts between the Company and Taya Real Estate Company, in which the Chairman, Eng. Thamer bin Abdullah bin Rayes, and the Vice Chairman, Eng. Turki bin Abdullah bin Rayes (both non-executive), have an indirect interest. The transaction is a one-year lease of a warehouse and accommodation for Ziorak Company (formerly Saudi Drip Irrigation Company), a subsidiary of Mayar Holding Company, on prevailing commercial terms, valued at SAR 175,000.

13- Approved the 2025 transactions and contracts between the Company and Taya Real Estate Company, in which the Chairman, Eng. Thamer bin Abdullah bin Rayes, and the Vice Chairman, Eng. Turki bin Abdullah bin Rayes (both non-executive), have an indirect interest. The transaction is a one-year lease of employee accommodation for Ziorak Company (formerly Saudi Drip Irrigation Company), a subsidiary of Mayar Holding Company, on prevailing commercial terms, valued at SAR 50,000.

14- Approved the 2025 transactions and contracts between the Company and Taya Holding Company, in which the Chairman, Eng. Thamer bin Abdullah bin Rayes, and the Vice Chairman, Eng. Turki bin Abdullah bin Rayes (both non-executive), have an indirect interest. The transaction is financing received from Taya Holding Company on prevailing commercial terms, valued at SAR 7,054,673.

15- Approved the 2025 transactions and contracts between the Company and SADRIC Egypt for Industries Company, in which the Chairman, Eng. Thamer bin Abdullah bin Rayes, and the Vice Chairman, Eng. Turki bin Abdullah bin Rayes (both non-executive), have an indirect interest. The transaction relates to purchases by Gulf Elevators & Escalators (a subsidiary of Mayar Holding Company), on prevailing commercial terms, valued at SAR 3,351,180.

16- Approved the Company’s continuation by offsetting part of the accumulated losses through an unconditional waiver by the main shareholder, Taya Holding Company, of credit balances owed by Mayar Holding Company as of 11 March 2026, totaling SAR 16,800,000 (sixteen million eight hundred thousand SAR.