| Element List | Explanation |
|---|---|
| Introduction | The board of Directors of thimar Development Holding Company is pleased to announce the results of the Ordinary General Assembly (the first meeting) held on Tuesday, May 12, 2026 at 6:45 pm at the company's headquarters, in person and through modern technical means using the tadawulaty system. The attendance rate was 27.14% of the shares represented by the capital |
| City and Location of the General Assembly's Meeting | In person and via modern technology means, at the company’s headquarters in Riyadh – Al-Shuhada District, Mohammed Ali Jinnah Road, Building No. 3808, First Floor, as well as through modern technology means using the Tadawulaty system. |
| Date of the General Assembly's Meeting | 2026-05-12 Corresponding to 1447-11-25 |
| Time of the General Assembly’s Meeting | 18:45 |
| Percentage of Attending Shareholders | 27.14% |
| Names of the Board of Directors' Members Present at the General Assembly's Meeting and Names of the Absentees | The following members of the Board of Directors attended the General Assembly Meeting: 1. Eng. Waleed Abdulaziz Al-Shuwair – Chairman of the Board 2. Mr. Khaled Asaad Khashoggi – Vice Chairman of the Board 3. Mr. Malfi Manahi Al-Marzouqi 4. Mr. Aziz Mohammed Al-Qahtani 5. Mr. Haitham Faisal Askoubi 6. Mr. Yasser Suleiman Al-Aqeel 7. Mr. Abdulkarim Mohammed Al-Nuhair And 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 committee chairmen also attended: 1. Mr. Aziz Mohammed Al-Qahtani – Chairman of the Audit Committee 2. Mr. Khaled Asaad Khashoggi – Chairman of the Nomination and Remuneration Committee. And no one was absent |
| Voting Results on the Items of the General Assembly's Meeting Agenda's | 1. Reviewing and discussing the Board of Directors’ report for the fiscal year ended 31-12-2025. 2. Approving the External Auditor’s report for the fiscal year ended 31-12-2025 after discussion. 3. Reviewing and discussing the financial statements for the fiscal year ended 31-12-2025. 4. Approving the election of the Board of Directors members from among the nominees for the upcoming term commencing on 14-05-2026G for a period of four (4) years ending on 13-05-2030G. The elected Board members are: * SAMI ABDULLAH MOHAMMAD ALHELWAH * MOHAMMAD SALEIMAN MOHAMMAD ALEISA * SULAIMAN NASER ALHATLAN ALKAHTANI * MELFI MANAHI MELFI ALMARZOQI * SAUD HASSAN SAAD BINSAEED 5-Approving the appointment of the Company’s External Auditor, PKF Al Bassam Chartered Accountants, from among the nominees based on the recommendation of the Audit Committee, to examine, review, and audit the financial statements for the second, third, and annual quarters of the fiscal year 2026G, and the first quarter of the fiscal year 2027G, and determining their fees at an amount of SAR 460,000 (Four Hundred Sixty Thousand Saudi Riyals) , excluding Value Added Tax. 6-Approving the amendment of the Company’s Corporate Governance Regulations. 7-Approving the amendment of the Policies, Standards, and Procedures for Board Membership. |
