Saleh Abdulaziz Al Rashed and Sons Co. Announces the Results of the Extraordinary General Assembly Meeting (First Meeting)

1. Mr. Abdulaziz Saleh Abdulaziz AlRashed (Chairman of the Board)

2. Mr. Salah Khaled Abdullah AlTuwaijri (Vice Chairman of the Board)

3. Mr. Abdulaziz Abdulrahman Abdulaziz AlRashed

4. Mr. Khalid Abdulrahman Mohammed AlMousa

5. Mr. Abdullah Mohammed Abdullah AlRashed

6. Mr. Saud Abdulaziz Saleh Abdulaziz AlRashed

1. Mr. Abdullah Mohammed Abdullah Al Rashed – Chairman of the Audit Committee

2. Mr. Khalid Abdulrahman Mohammed Al Mousa – Chairman of the Remuneration and Nominations Committee

2. Reviewed and discussed the financial statements for the financial year ended on 31/12/2025.

3. Approved on the auditor's report on the company's accounts for the financial year ended on 31/12/2025 after discussing it.

4. Approved on the appointment of the company's auditor from among the candidates based on the Audit Committee's recommendation; (Maham Professional Consulting Company) to examine, review and audit the financial statements for the (first, second and third) quarters and the annual statements of the financial year 2026, and the first quarter of the financial year 2027, and determining their fees.

5. Approved on the discharge of the Board of Directors members from liability for their management during the financial year ended on 31/12/2025.

6. Approved on the disbursement of an amount of (337,500) Saudi Riyals (Three hundred and thirty-seven thousand and five hundred Saudi Riyals) as remuneration for the Board of Directors members for the fourth quarter of the financial year ended on December 31, 2025.

7. Approved on the Board of Directors' recommendation to distribute cash dividends to shareholders for the financial year ended on 31/12/2025 with an amount of (37.2) million Saudi Riyals, at (2) Riyals per share, which represents 20% of the nominal value per share, provided that the eligibility of dividends is for the shareholders owning the shares at the end of trading on the day of the General Assembly meeting and registered in the company's shareholders register at the Securities Depository Center Company (Edaa) at the end of the second trading day following the date of the assembly meeting, provided that the dividend distribution begins within (15) working days from the eligibility date.

8. Approved on the authorization of the Board of Directors to distribute interim dividends on a semi-annual/quarterly basis for the financial year ended on 31/12/2026.

9. Approved on the amendment of the articles of the company's bylaws related to its transformation into a public joint-stock company.

10. Approved on the amendment of the title of the company's electronic bylaws to a Listed Saudi Joint-Stock Company.

11. Approved on the amendment of Article (First) of the company's bylaws related to (Incorporation).

12. Approved on the amendment of Article (Second) of the company's bylaws related to (Company Name).

13. Approved on the amendment of Article (Third) of the company's bylaws related to (Company's Head Office).

14. Approved on the amendment of Article (Fourth) of the company's bylaws related to (Company's Objectives).

15. Approved on the amendment of Article (Eleventh) of the company's bylaws related to (Trading of Shares).

16. Approved on the amendment of Article (Fourteenth) of the company's bylaws related to (Preferred Shares).

17. Approved on the amendment of Article (Fifteenth) of the company's bylaws related to (Company Management).

18. Approved on the amendment of Article (Thirty-Fourth) of the company's bylaws related to (Preparation of Assemblies' Minutes).

19. Approved on the addition of an article to the company's bylaws related to (Participation and Ownership in Companies).

20. Approved on the addition of an article to the company's bylaws related to (Issuance of Shares).

21. Approved on the addition of an article to the company's bylaws related to (Shares Allocated to Employees).

22. Approved on the addition of an article to the company's bylaws related to (Attendance of Assemblies).

23. Approved on the addition of an article to the company's bylaws related to (Publication).

24. Approved on the addition of an article to the company's bylaws related to (Duties of Board of Directors Members).

25. Approved on the addition of an article to the company's bylaws related to (Conflict of Interests, Competition, and Exploitation of Assets).

26. Approved on the addition of an article to the company's bylaws related to (Mechanism of Delegation of Members).

27. Approved on the addition of an article to the company's bylaws related to (Language).

28. Approved on the deletion of Article (Thirty-Eighth) of the company's bylaws related to (Issuance of General Assemblies' Resolutions by Circulation).

29. Approved on the business and contracts concluded during the financial year ended on 31/12/2025 between the company and Najd Roads Contracting Company, in which the Chairman of the Board of Directors, Mr. Abdulaziz Saleh Abdulaziz Al-Rashed (Non-Executive Member), has an indirect interest, which is a customer of the company for purchasing building materials, and there are no preferential terms in these businesses and contracts, with an amount of 120,943,930 Saudi Riyals.

30. Approved on the business and contracts concluded during the financial year ended on 31/12/2025 between the company and Najd Roads Contracting Company, in which the Chairman of the Board of Directors, Mr. Abdulaziz Saleh Abdulaziz Al-Rashed (Non-Executive Member), has an indirect interest, which is a payment agreement on behalf of supplying petroleum derivatives, and there is no benefit to Najd Roads Company or a profit margin for it in return for this agreement, and the payment process is made directly from Al-Rashed Company to the main supplier (Aramco Company), and there are no preferential terms, with an amount of 35,537,794 Saudi Riyals.

31. Approved on the business and contracts concluded during the financial year ended on 31/12/2025 between the company and Najd Roads Contracting Company, in which the Chairman of the Board of Directors, Mr. Abdulaziz Saleh Abdulaziz Al-Rashed (Non-Executive Member), has an indirect interest, which is an agreement to supply (purchases) petroleum derivatives, and there is no benefit to Najd Roads Company or a profit margin for it in return for this agreement, and the payment process is made directly from Al-Rashed Company to the main supplier (Aramco Company), and there are no preferential terms, with an amount of 35,006,067 Saudi Riyals.

32. Approved on the authorization of the Board of Directors with the authority of the Ordinary General Assembly regarding the license mentioned in Paragraph (1) of Article Twenty-Seven of the Companies Law, for a period of one year from the date of the General Assembly's approval or until the end of the authorized Board of Directors' term, whichever is earlier, in accordance with the conditions stipulated in the Executive Regulations of the Companies Law for Listed Joint-Stock Companies.

Email: IR@Salrashed.com.sa

Contact numbers: 0114952423 / 0114951539, extension 180