Yaqeen Capital Co. Announces the Results of the Extraordinary General Assembly Meeting (First Meeting)

Shareholders approved the financial statements, board report, and auditor’s report for the fiscal year ended December 31, 2025, during the Extraordinary General Assembly held on June 14, 2026.
PricewaterhouseCoopers (PWC) was appointed as the external auditor for the 2026 fiscal year with fees set at SAR 750,000 (excluding VAT).
Approved the payment of SAR 508,000 in board remuneration for 2025 and ratified related party contracts with Falcom Holding and Alnayifat Finance involving combined fees of approximately SAR 1.27 million.
Authorized multiple amendments to the Articles of Association, including articles governing share issuance, board powers, assembly quorums, and profit distribution.

Element List	Explanation
Introduction	Yaqeen Capital announces to its shareholders the results of the Extraordinary General Assembly Meeting (First Meeting), which was held at 18:45 on Sunday, 28/12/1447H, corresponding to 14/06/2026G, through modern technology means.
City and Location of the General Assembly's Meeting	Riyadh – Al-Wurud District – Head Office (via modern technology only
Date of the General Assembly's Meeting	2026-06-14 Corresponding to 1447-12-28
Time of the General Assembly’s Meeting	18:45
Percentage of Attending Shareholders	83.99
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 meeting: 1. Mr. Abdullah bin Mohammed Al-Shamasi – Chairman of the Board of Directors. 2. Mr. Salman bin Abdulaziz Bin Shahwain – Vice Chairman of the Board of Directors. 3. Mr. Almaa bin Saeed Al Mutair – Board Member. 4. Mr. Abdulrahman bin Hamad Al-Rubayyi – Board Member. 5. Mr. Yahya bin Mutlaq Al-Yahya – Board Member. 6. Mr. Ahmed bin Ibrahim Al-Shubanah – Managing Director and Chief Executive Officer.
Names of the Chairmen of the Committees Present at the General Assembly's Meeting or Members of such Committees Attending on Their Behalf	1. Mr. Salman bin Abdulaziz Bin Shahwain – Chairman of the Nomination and Remuneration Committee. 2. Mr. Almaa bin Saeed Al Mutair – Chairman of the Audit Committee.
Voting Results on the Items of the General Assembly's Meeting Agenda's	1. The financial statements for the financial year ended 31/12/2025G were reviewed and discussed. 2. Approval of the Company's External Auditor's Report for the financial year ended 31/12/2025G after discussion. 3. The Board of Directors’ Report for the financial year ended 31/12/2025G was reviewed and discussed. 4. Approval of the appointment of the Company's external auditor, PricewaterhouseCoopers (PWC), and determination of their fees in the amount of SAR 750,000 excluding VAT, from among the nominees based on the recommendation of the Audit Committee, to examine, review, and audit the semi-annual and annual financial statements for the financial year ending on 31/12/2026G. 5. Approval of the discharge of the liability of the members of the Board of Directors for the financial year ended 31/12/2025G. 6. Approval of the Board of Directors' resolution appointing H.E. Eng. Abdullah bin Mohammed Al-Shamasi to the Board of Directors (Independent Member), effective from the date of his appointment on 25 June 2025G, to complete the Board term until the end of the current Board term on 8 February 2027G, succeeding the former member, Mr. Abdulmohsen bin Mohammed Al-Saleh. 7. Approval of the payment of remuneration to the members of the Board of Directors in the amount of SAR 508,000 for the financial year ended 31/12/2025G. 8. Approval of the amendment of Article (5) of the Articles of Association of Yaqeen Capital relating to the term of the Company. 9. Approval of the amendment of Article (6) of the Articles of Association of Yaqeen Capital relating to participation and ownership in companies. 10. Approval of the amendment of Article (11) of the Articles of Association of Yaqeen Capital relating to the issuance of shares. 11. Approval of the amendment of Article (14) of the Articles of Association of Yaqeen Capital relating to the Company's purchase, sale, or pledge of its shares. 12. Approval of the amendment of Article (22) of the Articles of Association of Yaqeen Capital relating to the powers of the Board. 13. Approval of the deletion of Article (27) of the Articles of Association of Yaqeen Capital relating to the remuneration of Board members due to its duplication in Article (19). 14. Approval of the amendment of Article (33) of the Articles of Association of Yaqeen Capital relating to the quorum of the Ordinary General Assembly. 15. Approval of the amendment of Article (34) of the Articles of Association of Yaqeen Capital relating to the quorum of the Extraordinary General Assembly. 16. Approval of the amendment of Article (40) of the Articles of Association of Yaqeen Capital relating to profit distribution and the formation of reserves. 17. Approval of the amendment of Article (42) of the Articles of Association of Yaqeen Capital relating to the distribution of preferred shares dividends. 18. Approval of the deletion of Article (47) of the Articles of Association of Yaqeen Capital relating to the final provisions due to duplication. 19. Approval of the businesses and contracts executed during the financial year ended 31 December 2025G between Falcom Holding Company (a major shareholder) and Yaqeen Capital (Yaqeen Capital), in which Mr. Abdulmohsen Al-Saleh and Mr. Salman Bin Shahwain have an indirect interest, as each of them served as a Board Member of Yaqeen Capital and a Board Member of Falcom Holding Company. The arrangement consists of the management of an investment account for the purpose of managing its investment portfolio, without preferential terms or advantages, for an indefinite period. The management fees for 2025 amounted to SAR 366,798. 20. Approval of the businesses and contracts executed during the financial year ended 31 December 2025G between Alnayifat Finance Company (a subsidiary of the major shareholder) and Yaqeen Capital (Yaqeen Capital), in which Mr. Abdulmohsen Al-Saleh and Mr. Salman Bin Shahwain have an indirect interest, as each of them served as a Board Member of Yaqeen Capital and a Board Member of Alnayifat Finance Company. The arrangement consists of managing an investment account for the purchase and sale of commodities compliant with Shariah provisions for the purpose of executing commodity purchase transactions related to Murabaha contracts, without preferential terms or advantages, for an indefinite period. The value of commissions and management fees for 2025 amounted to SAR 899,539.