Saudi Cement Co. Announces the Results of the Ordinary General Assembly Meeting (First Meeting)

• Mr. Mohammed Abdulkarim AlKhereiji (Vice Chairman).

• Mr. Khalid Abdulrahman AlAbdulkarim.

• Mr. Ahmad Abdulrhman Alsaadi.

• Dr. Aref Abdulla Alashban.

• Mr. Amin Musa Al-Afifi.

• Mr. Hamad Abdulla AlOlayan.

• Dr. Abdelrahman Suleiman Al-Rajhi.

• Mr. Mohammed Ali Al-Garni (CEO).

• Mr. Sami Fahd Al-salem.

• Mr. Abdulaziz Hatem AlJuffali.

• Mr. Hamad Abdullah AlOlayan (Chairman of Audit Committee)

• Mr. Abdulaziz Hatem AlJuffali (Chairman of Remuneration and Nomination Committee).

2. Viewed and discussed the Consolidated Financial Statements for the year ended on 31 December 2025.

3. Approval of the External Auditors report for the year ended on 31 December 2025.

4. Approval of the release of Board of Directors members from liabilities for their management of the company during the financial year ended on 31 December 2025.

5. Approval of appointing Dr. Mohamed Al-Amri & Co. -BDO- as the company’s auditor from among the nominees based on the recommendation of the Audit committee to review and audit the second and third quarters and yearend of 2026, in addition to first quarter of 2027 financial statements, with a fee of 595,000 riyals.

6. Approval of the Board of Director’s recommendation to distribute cash dividends to the shareholders for second half of 2025, at (0.80) Riyals per share which is equivalent to (8 %) of the company’s share capital with a total amount of (122.4) million riyals provided the eligibility for dividend will be to the company’s shareholders who own the shares at the end of the day of general assembly and who are registered in the Company's shareholders register at Securities Depository Centre (Edaa) by the end of the second trading day following the entitlement date, and The distribution date will be at 11-05-2026 corresponding to 24-11-1447

7. Approval of the business and contracts that will be concluded between the company and Cement Industry Products Company Ltd., which is the member of the Board of Directors and CEO , Mr. Mohammad bin Ali Al-Garni, has an indirect interest in (related party), noting that the amount of the transaction for the year 2025 amounted to 28,854,608 riyals, which is the purchase of empty cement bags, and there are no preferential terms for this type of contract .

8. Approval of the business and contracts that will be concluded between the company and Wataniya Insurance Company, which is the member of the Board of Directors Mr. Amin bin Musa Al-Afifi has an indirect interest in (related party), noting that the amount of the transaction for the year 2025 amounted 6,020,204 riyals, which is an insurance coverage of the company's property, there are no preferential terms for this type of contract.

9. Approval of authorizing the Board of Directors to distribute interim cash dividends to the shareholders on biannual or quarterly basis for the financial year 2026.

10. Approval of authorizing the Board of Directors with the powers of the Ordinary General Assembly, with the permission mentioned in clause (1) of Article 27 of the Companies law, for a period of one year from the date of approval by the General Assembly or until the end of the session of the delegated Board of Directors, whichever is earlier, in accordance with the conditions stipulated in the executive regulations of the companies law for listed joint stock companies.

11. Approval of authorizing the Board of Directors with the powers of the Ordinary General Assembly, with the permission mentioned in clause (2) of Article 27 of the Companies Law, for a period of one year from the date of approval by the General Assembly or until the end of the session of the delegated Board of Directors, whichever is earlier, in accordance with the provisions of the Companies Law and its executive regulations for listed joint stock companies, and the competitive business and activities mentioned in the Regulations on Competitive Activity Standards.