Saudi Lime Industries Co. Announces the Results of the Extra Ordinary General Assembly’s Meeting Approving Increase ( First Meeting )

1- Mr. Abdulaziz Majid Al-Kassabi (Chairman)

2- Mr. Abdulaziz Tariq Al-Bassam (Vice Chairman)

3- Dr. Adel Al-Sabeeh

4- Mr. Saud Abdulaziz Al-Jomaih

5- Mr. Hamad Mohammed Al-Saad

6- Eng. Fahad Al-Rasheedi

The following members were absent from the meeting:

1- Mr. Bader Saleh Al-Essa

- Mr. Abdulaziz Majid Al-Kassabi - Chairman of Executive Committee

- Mr. Ehsan Makhdoum - Chairman of Audit Committee

- Mr. Matar Al-Zahrani - Chairman of Nominations and Compensation Committee

• Total increase amount: SAR 11,000,000.

• Capital before increase: SAR 220,000,000.

• Capital after increase: SAR 231,000,000.

• Capital increase percentage: 5%.

• The number of shares before increased: 22,000,000 shares.

• Number of shares after increase: 23,100,000 shares.

• Method of increase: Capitalization of SAR 11,000,000 from retained earnings.

• Bonus share allocation: One share for every 20 shares held.

• Reason for the increase: To support the company’s growth, business expansion, and strengthen its financial position.

• In case of approval of this item, the eligibility date for the bonus shares will be for shareholders holding shares on the date of the Extraordinary General Assembly and registered in the company’s shareholder registry at the Securities Depository Center (Edaa) at the end of the second trading day following the entitlement date. In the event of share fractions, they will be collected in a single portfolio and sold at a market price. The proceeds will then be distributed to eligible shareholders proportionally within 30 days from the date of identifying eligible shares for each shareholder.

• Amend Article (7) of the company's bylaws relating to the capital.

• Amend Article (8) of the company's bylaws relating to share subscription.