Lazurde Company for Jewelry Announces the Results of the Extraordinary General Assembly Meeting (Third Meeting)

Element List	Explanation
Introduction	L’azurde Company for Jewelry announces the results of the Extraordinary General Assembly Meeting (Third Meeting), which was held on Sunday, 13/01/1448H corresponding to 28/06/2026, at 8:15 PM via modern technology means using Tadawulaty system. The meeting was attended by shareholders representing 15.60302% of the Company’s share capital. In accordance with the Company’s Bylaw and the relevant regulations, the third meeting is considered valid regardless of the number of shares represented therein.
City and Location of the General Assembly's Meeting	Riyadh City, through contemporary technology means www.tadawulaty.com.sa
Date of the General Assembly's Meeting	2026-06-28 Corresponding to 1448-01-13
Time of the General Assembly’s Meeting	20:30
Percentage of Attending Shareholders	15.60302%
Names of the Board of Directors' Members Present at the General Assembly's Meeting and Names of the Absentees	All Board members attended the meeting virtually: 1) Mr. Abdullah Abdulaziz Al Othaim (Chairman) 2) Mr. Saud Ghassan Alsulaiman (Deputy Chairman) 3) Mrs. Sabah Khalil Almoayyed (Board Member) 4) Mr. Rayan Mustafa Qutub (Board Member) 5) Mr. Salim Maroun Fakhouri (Board Member) 6) Mr. Majid Ahmed Al-Suwaigh (Board Member) 7) Mr. Adnan Abdullah Al-Khalaf (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	Mrs. Sabah Khalil Al-Moayyed - Audit Committee Chairwoman Mr. Rayan Mustafa Qutub - Nomination and Remunerations Committee Chairman Mr. Saud Ghassan Alsulaiman - Executive Committee Chairman
Voting Results on the Items of the General Assembly's Meeting Agenda's	1. The Board Report for the fiscal year ended 31st December 2025 was reviewed and discussed. 2. The Financial Statements for the fiscal year ended 31st December 2025 was reviewed and discussed.. 3. Approve the Auditors Report for the fiscal year ended 31st December 2025, after discussing it. 4. Approve the appointment of Ibrahim Ahmed Al-Bassam & Co. (PKF) Chartered Accountants as the Company’s independent external auditor from among the nominated candidates, based on the recommendation of the Audit Committee, to examine, review, and audit the interim financial statements for the second and third quarters, the annual financial statements for the fiscal year 2026, and the first-quarter financial statements for 2027, for fees amounting to SAR 1,045,000. 5. Approve the authorization to the Board of Directors to distribute interim dividends to shareholders for the fiscal year 2026 on bi-annually or quarterly basis. 6. Not approving to delegate to the Board of Directors, the General Assembly’s powers stipulated in paragraph (1) of Article (27) of the Companies Law, for a period of one year from the General Assembly’s approval, or until the end of the Board of Directors’ term whichever is earlier, in accordance with the terms stated in the Implementing Regulation of the Companies Law for Listed Joint Stock Companies. 7. Approve transferring the balance of the statutory reserve amounting to SAR 27,807,194 as shown in the Financial Statements for the year ended 31 December 2025 to the retained earnings. 8. Approve the amendment on the Remuneration Policy for Board of Directors and Committees Members and Executive Management.