| Element List | Explanation |
|---|---|
| Introduction | Arabian Centers Company (Cenomi Centers) is pleased to announce the results of the Ordinary General Assembly Meeting (First Meeting) , held at 20:30 on Tuesday 30 June 2026. |
| City and Location of the General Assembly's Meeting | Company’s Headquarter, Riyadh City- via modern technology. |
| Date of the General Assembly's Meeting | 2026-06-30 Corresponding to 1448-01-15 |
| Time of the General Assembly’s Meeting | 20:30 |
| Percentage of Attending Shareholders | 56.88% |
| Names of the Board of Directors' Members Present at the General Assembly's Meeting and Names of the Absentees | The following BoD members attended: 1) Eng. Salman bin Abdulaziz Alhokair (BoD Vice Chairman, non-Executive) 2) Eng. Kamel Badee Alqalam (Managing Director, Executive) 3) Dr. Abdulrahman bin Abdulaziz Al-Tuwaijri (Independent) 4) Mr. Ahmed Demerdash Badrawi (non-Executive) 5) Mr. Mohamad Rafic Mourad (NRC member, non-Executive) 6) Mr. Turki bin Saud Aldayel (AC Chairman, independent) 7) Dr. Khalid bin abdullah Alsweilem (NRC member, Independent) 8) Mr. Johan Henri Brand (NRC Chairman, Independent) And the following BoD members did not attend: 1) Mr. Fawaz bin Abdulaziz Al-Hokair (BoD Chairman, non-Executive) |
| 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. Turki Saud Al-Dayel (AC Chairman, independent) 2- Mr. Johan Henri Brand (NRC Chairman, independent) |
| Voting Results on the Items of the General Assembly's Meeting Agenda's | Attached |
| Attached Documents | Attached Documents |
Arabian Centers Company (Cenomi Centers) Announces the Results of the Ordinary General Assembly Meeting (First Meeting)
AI Summary
- Shareholders approved the 2025 financial statements and authorized the Board of Directors to distribute interim dividends, either semi-annually or quarterly, for the 2026 fiscal year.
- Appointed Ernst & Young (EY) as the company’s external auditor for fiscal year 2026 and the first quarter of 2027 for a total fee of SAR 3,820,000.
- Approved a total remuneration of SAR 4,794,044 for Board of Directors members for the financial year ended December 31, 2025.
- Ratified several related party transactions, including construction and development contracts with Lynx Contracting Company totaling SAR 1.625 billion and lease agreements with Fawaz Abdulaziz Alhokair and Co. amounting to SAR 184.8 million.
Attachments
