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Element List	Explanation
Introduction	Saudi Aramco Base Oil Company - Luberef is pleased to announce the results of the Ordinary General Assembly Meeting (First Meeting)
City and Location of the General Assembly's Meeting	Company’s Admin Building - Jeddah city - via modern technology
Date of the General Assembly's Meeting	2026-04-13 Corresponding to 1447-10-25
Time of the General Assembly’s Meeting	18:30
Percentage of Attending Shareholders	76.55%
Names of the Board of Directors' Members Present at the General Assembly's Meeting and Names of the Absentees	The following Board Members Attended the Ordinary General Assembly Meeting: 1. Eng. Ibrahim Q. Al Buainain (Chairperson) 2. Eng. Abdulatif S. Al Shami (Vice Chairperson) 3. Dr. Khalid D. Al Faddagh (Independent Director) 4. Eng. Nabelah M. Al Tunisi (Independent Director) 5. Mr. Mohammed K. Al-Dhubaib (Non-executive Director) 6. Eng. Andrew S. Katz (Non-executive Director) No one was absent.
Names of the Chairmen of the Committees Present at the General Assembly's Meeting or Members of such Committees Attending on Their Behalf	The following Committees’ Chairpersons Attended the Ordinary General Assembly Meeting: 1. Dr. Khalid D. Al Faddagh (Chairman of Board Audit Committee) 2. Eng. Nabelah M. Al Tunisi (Chairperson of Remuneration and Nomination Committee)
Voting Results on the Items of the General Assembly's Meeting Agenda's	1. The Company’s Board Annual Report for the financial year ended on 31 December 2025G was viewed and discussed. 2. The Company’s Financial Statements for the financial year ended on 31 December 2025G were viewed and discussed. 3. Approved the External Auditor’s Report for the financial year ended on 31 December 2025G after discussion. 4. Approved the Board’s recommendation to distribute cash dividend for the second half of 2025G with a total amount of SAR 588,912,327.5 and representing SAR 3.5 per share representing 35% of the nominal value of the share. The eligibility shall be for the shareholders who own the shares at the close of the market on the day of the Annual General Assembly Meeting, and who are registered in the shareholders register at the Securities Depository Centre Company (Edaa) at the end of the second trading day following this eligibility date. Disbursement of the dividend shall be on Thursday, 30 April, 2026G. 5. Approved and authorized the Board to distribute interim (semi-annual or quarterly) dividends for the financial year 2026G. 6. Approved paying SAR 3,765,000 as remuneration for the Board for the financial year ended on 31 December 2025G. 7. Approved the exoneration of the Board from liability for the financial year ended on 31 December 2025G. 8. Approved the appointment of KPMG Professional Services Company as the Company’s External Auditor from among the candidates, based on the recommendation of the Board and the Board Audit Committee, to examine, review and audit the Financial Statements for fiscal years 2026 and 2027, and perform quarterly reviews for Q2 and Q3 of 2026, Q1, Q2 and Q3 2027, and Q1 2028 for a total fee of SAR 2,298,000. 9. Approved the Board’s resolution to appoint Mr. Mohammed K. Al-Dhubaib (Non-Executive) to the Board, effective 01 March, 2026G, to serve the remainder of the current Board’s term expiring on 14 August, 2027G, succeeding the former Board Member Mr. Mohammed F. Al-Ahmari (Non-executive).

Saudi Aramco Base Oil Company - Luberef announces the results of the Ordinary General Assembly Meeting (First Meeting)