Red Sea International Co. Announces the Results of the Extraordinary General Assembly Meeting (First Meeting)

1. His Excellency Mr. Amr Abdullah Al-Dabbagh (Chairman)

2. Mr. Sami Ahmed bin Mahfooz (Vice Chairman)

3. Mr. Mohammed Zaher Al-Munajjed

4. Dr. Lama Abdulaziz Al-Sulaiman

5. Ms. Shahad Khalid Nejaim

6. Dr. Hans-Martin Stockmeier

7.Mr. Mohammed Husnee Jazeel

8. Mr. Hani Bin Othman Baothman

1. Mr. Mohammed Zaher Al-Munajjed (Chairman of the Audit Committee)

2. Dr. Lama Abdulaziz Al-Sulaiman (Chairman of the Nomination & Compensation Committee)

3. Dr. Hans-Martin Stockmeier (Chairman of the safety Sustainability Committee)

2- Approval of amending Article (4) of the Company’s bylaw, pertaining to Company Purposes.

3- Approval of amending Article (21) of the Company’s Bylaw concerning the Powers of the Chairman, the Vice Chairman, the Managing Director, and the Secretary .

4- Approval of the Board of Directors' resolution to appoint Mr. Hani Bin Othman Baothman to the Board of Directors(Executive Member), effective from his appointment date of November 12, 2025, to complete the current term ending on May 9, 2027, to succeed the previous member, Ms. Lina bint Abdulaziz Al Shaikh . (Independent Member). 5- Approval of the recommendation of the Board of Directors to use the entire Share Premium Balance amounting to 295,693,911 Saudi Riyals, to offset the accumulated losses amounting to 297,153,180 Saudi Riyals, representing 61.56% of the capital amounting to 482,673,830 Saudi riyals; accordingly, the accumulated losses will decrease to 0.30% of the capital.

through:

Phone: 0115206767

Email: IR@redseaintl.com