Riyadh Cement Co. Announces the Results of the Extraordinary General Assembly Meeting (First Meeting)

1- Mr. Salah Rashed Alrashed (Chairman of the Board)

2- Dr. Naser Fadel Aqeel

3- Mr. Fahd Hizam Alnabit

4- Dr. Fahad Saleh Alhumaidah

5- Mr. Mohammad Khalifa Almulhem

he following Board members apologized from attending the meeting:

1- Eng. Khalid Abdullah Almulhem

2- Mr. Abdullah Ateeq Alfawwaz

1 - Mohammad Khalifa Almulhem (Chairman of Remuneration and Nomination Committee)

2. Dr. Fahad Saleh Alhumaidah (Chairman of Audit Committee)

2. The financial statements for the fiscal year ended 31/12/2025 were reviewed and discussed.

3. Approval of the external auditor’s report for the fiscal year ended 31/12/2025, after it was reviewed and discussed.

4. Approval of discharging the members of the Board of Directors from liability for the fiscal year ended 31/12/2025.

5. Approval of the Board of Directors’ recommendation to distribute cash dividends to shareholders amounting to SAR 72,000,000 for the second half of 2025, at SAR 0.60 per share, representing 6% of the capital. Eligibility shall be for shareholders who own shares at the end of the trading day of the General Assembly meeting and are registered in the shareholders’ register of the Company with the Saudi Securities Depository Center Company (Edaa) by the end of the second trading day following the eligibility date. Dividends will be distributed on Wednesday, 29/04/2026.

6. Approval of the business and contracts concluded between the Company and Tawa Company, in which Board Member Dr. Nasser Aqil has a direct interest, after they were reviewed and discussed. These transactions involve the sale of cement during 2025 with a total value of SAR 22,973,528, under prevailing commercial terms.

7. Approval of the business and contracts concluded between the Company and Al-Rashed Cement Company, in which the Chairman of the Board, Mr. Salah Al-Rashed, has a direct interest, after they were reviewed and discussed. These transactions involve the sale of cement during 2025 with a total value of SAR 92,858,395, under prevailing commercial terms.

8. Approval of the payment of SAR 2,100,000 (two million one hundred thousand Saudi Riyals) as remuneration to the members of the Board of Directors for the fiscal year ended 31/12/2025.

9. Approval of authorizing the Board of Directors to distribute interim dividends on a semi-annual or quarterly basis for the fiscal year 2026.

10. Approval of the Board of Directors’ recommendation to transfer the reserve balance amounting to SAR 360 million, as stated in the financial statements for the year ended 31/12/2025, to retained earnings, with the aim of enhancing financial solvency and supporting the distribution of stable dividends.