Balsm Alofoq Medical Co. Announces the Results of the Ordinary General Assembly Meeting (First Meeting)

Element List	Explanation
Introduction	Balsm Alofoq Medical Co announces to its shareholders the results of the Ordinary General Assembly meeting (the first meeting), which was held at 6:30 PM on Sunday, 13/01/1448 AH, corresponding to 28/06/2026, at the company's headquarters located in Buraydah, Al-Qassim, and through modern technology tools using Tadawulaty services, after the legal quorum for the validity of the assembly was reached.
City and Location of the General Assembly's Meeting	At the company's main headquarters located in Al-Qassim city - Buraidah - through modern technology means - using Tadawulati services
Date of the General Assembly's Meeting	2026-06-28 Corresponding to 1448-01-13
Time of the General Assembly’s Meeting	18:30
Percentage of Attending Shareholders	78.74%
Names of the Board of Directors' Members Present at the General Assembly's Meeting and Names of the Absentees	1. Mr. Khamis Abdullah Duhailan Al Harbi - Chairman of the Board of Directors 2. Dr. Mubarak Obaid Mu'ili Al Harbi - Vice Chairman of the Board of Directors 3. Mr. Rami Khamis Abdullah Al Harbi - Managing Director and Chief Executive Officer 4. Mr. Hamoud Lafi Jaber Al Omani - Board Member 5. Mr. Abdullah Eid Abdullah Al Harbi - 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. Mr. Abdullah Eid Abdullah Al-Harbi - Chairman of the Audit 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 financial year ended December 31, 2025, after discussion. 2. The Board of Directors' report for the financial year ended December 31, 2025, was reviewed and discussed. 3. The company's financial statements for the financial year ended December 31, 2025, were reviewed and discussed. 4. Approval of the discharge of liability for the members of the Board of Directors for the financial year ended December 31, 2025. 5. Approval of the appointment of RSM United Accountants for Professional Consultancy as the company's auditor among the candidates, based on the recommendation of the Audit Committee; to examine, review, and audit the annual financial statements ending December 31, 2026, and the company's interim financial statements for the six months ending June 30, 2027, with fees of 170,000 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 financial year ended December 31, 2026.