Raoom Trading Co. Announces the Results of the Extraordinary General Assembly Meeting (First Meeting)

Element List	Explanation
Introduction	Raoum Trading Company announces the results of the Extraordinary General Assembly meeting (first meeting), which was held at 6:30 PM on Thursday, 04/12/1447 AH, corresponding to 21/05/2026 AD, via modern technology.
City and Location of the General Assembly's Meeting	Al-Qassim - Buraidah through modern technology
Date of the General Assembly's Meeting	2026-05-21 Corresponding to 1447-12-04
Time of the General Assembly’s Meeting	18:30
Percentage of Attending Shareholders	86.30%
Names of the Board of Directors' Members Present at the General Assembly's Meeting and Names of the Absentees	All members of the Board of Directors were also present: • Mr. Abdulaziz bin Abdullah Al-Humaid (Chairman of the Board) • Mr. Bader bin Hamad Al-Qadi (Vice Chairman of the Board) • Mr. Hamid bin Abdullah Al-Humaid. Managing Director- CEO • Mr. Rashoud bin Saleh Al-Rashoudi
Names of the Chairmen of the Committees Present at the General Assembly's Meeting or Members of such Committees Attending on Their Behalf	Also present were: Chairman of the Audit Committee • Professor Bader bin Hamad Al-Qadi Chairman of the Remuneration and Nominations Committee • Professor Bader bin Hamad Al-Qadi
Voting Results on the Items of the General Assembly's Meeting Agenda's	1. The Board of Directors’ Report for the fiscal year ended 31 December 2025 was reviewed and discussed. 2. Approval of the Company’s External Auditor’s Report for the fiscal year ended 31 December 2025 after discussion. 3. The financial statements for the fiscal year ended 31 December 2025 were reviewed and discussed. 4. Approval of the appointment of Baker Tilly Professional Consulting as the Company’s external auditor from among the nominees recommended by the Audit Committee, to audit the annual financial statements for the fiscal year 2026, review the financial statements for the third quarter of 2026 and the first quarter of 2027, for a total fee amounting to SAR 445,000. 5. Approval of authorizing the Board of Directors to distribute interim cash dividends to shareholders on a semi-annual or quarterly basis for the fiscal year 2026. 6. Approval of the transactions and contracts concluded between the Company and the Chairman of the Board, Mr. Abdulaziz Abdullah Alhumaid, consisting of lease agreements for warehouses and showrooms owned by the Chairman of the Board, which are leased by the Company for use in its commercial activities. These transactions were conducted without preferential terms, and the total rental value of such warehouses and showrooms during 2025 amounted to SAR 2,484,996. 7. Approval of discharging the members of the Board of Directors from liability for the fiscal year ended 31 December 2025. 8. Approval of transferring the Company’s optional reserve balance amounting to SAR 18,750,000 to retained earnings and offsetting the accumulated losses, as reflected in the Company’s financial statements for the fiscal year ended 31 December 2025.