Al Battal Chemical Industries Company announces the results of the Extraordinary General Assembly meeting (first meeting)

Element List	Explanation
Introduction	Al Battal Chemical Industries Company announces to its shareholders the results of the Extraordinary General Assembly Meeting (First Meeting), which was held at 7:00 PM on Monday, 07/01/1448 AH, corresponding to 22/06/2026 AD, in person at the company's headquarters located in Dammam – Navotel Business Park – Building No. (3), First Floor, and also via modern technology – using Tadawulaty services; after the legal quorum for the validity of the meeting was met.
City and Location of the General Assembly's Meeting	At the company's headquarters located in Dammam – Novotel Business Park – Building No. (3), First Floor, in person and via modern technology – using Tadawulaty services
Date of the General Assembly's Meeting	2026-06-22 Corresponding to 1448-01-07
Time of the General Assembly’s Meeting	19:00
Percentage of Attending Shareholders	63.79%
Names of the Board of Directors' Members Present at the General Assembly's Meeting and Names of the Absentees	1. Mr. Bassam Mohammed Saad Al-Dosari - Chairman of the Board of Directors 2. Eng. Ahmed Abdullah Ahmed Al-Zahid - Vice Chairman of the Board of Directors 3. Eng. Khaled Mohammed Saad Al-Dosari - Managing Director and Chief Executive Officer 4. Mr. Ali Riyadh Mohammed Al-Humaidan - Board Member 5. Mr. Saad Mohammed Saad Al-Dosari - 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	1. Professor/Wajdi Muhammad Ahmad Samhan - Member of the Review Committee
Voting Results on the Items of the General Assembly's Meeting Agenda's	1. Approval of the company's auditor's report for the fiscal year ending December 31, 2025, after discussion. 2. Review and discussion of the Board of Directors' report for the fiscal year ending December 31, 2025. 3. Review and discussion of the company's financial statements for the fiscal year ending December 31, 2025. 4. Approval of the discharge of the Board of Directors from liability for the fiscal year ending December 31, 2025. 5. Approval of the appointment of Mr. Al-Ayouti & Co. Certified Public Accountants as the company's auditors, from among the candidates recommended by the Audit Committee, to examine, review, and audit the company's interim financial statements for the first half ending June 30, 2026, and the annual financial statements ending December 31, 2026, for a fee of SAR 195,000 (one hundred ninety-five thousand Saudi Riyals). 6. Approval to authorize the Board of Directors to distribute interim dividends to shareholders on a semi-annual or quarterly basis for the fiscal year ending December 31, 2026. 7. Approval of the transactions and contracts between the Company and Al Battal Holding Company in which the Chairman of the Board (Mr. Bassam Mohammed Al Dosari), Board Member and CEO (Mr. Khalid Mohammed Al Dosari), and Board Member (Mr. Saad Mohammed Al Dosari) have an indirect interest. These transactions consist of merchandise purchases that commenced in 2025. The total value of transactions during 2025 was SAR 6,647,587 (debit transactions), and the amount paid during 2025 was SAR 1,949,971. These transactions were conducted in the ordinary course of business and in accordance with prevailing commercial terms and conditions, without any preferential terms. 8. Approval of the transactions and contracts between the Company and Al Battal Investment Company, in which the Chairman of the Board (Mr. Bassam Mohammed Al-Dossari), Board Member and CEO (Mr. Khalid Mohammed Al-Dossari), and Board Member (Mr. Saad Mohammed Al-Dossari) have an indirect interest. These transactions consist of proxy payments and commenced in 2025. The total value of transactions during 2025 was SAR 8,265,573 (debit transactions), and the amount paid during 2025 was SAR 4,607,687. These transactions were conducted in the ordinary course of business and in accordance with prevailing commercial terms and conditions, without any preferential terms. 9. Approval of the Board of Directors' recommendation regarding the Company's continuation of operations after incurring losses exceeding half of its capital, in accordance with Article (132) of the Companies Law.