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

Waja Company shareholders approved the financial statements, board report, and auditor's report for the fiscal year ended December 31, 2025, during the General Assembly meeting held on June 23, 2026.
The Board of Directors was authorized to distribute interim dividends to shareholders on a semi-annual or quarterly basis for the 2026 fiscal year.
Al-Zoman, Al-Fahad & Al-Hajaj Professional Consulting Company was appointed as the external auditor for the 2026 fiscal year and Q1 2027 for a total fee of SAR 355,000.
Shareholders approved related party transactions and contracts involving the Chairman, Mr. Ibrahim Abdullah Abdulsalam, including financing agreements and his participation in a competing business activity.

Element List	Explanation
Introduction	Waja Company announces to its shareholders the results of the Ordinary General Assembly Meeting (First Meeting), which was held at 7:45 PM on Tuesday, 23 June 2026 (corresponding to 8 Muharram 1448 AH) at the Company's head office in Riyadh, located on King Fahd Road, Al Anoud Tower 2, through modern technology means using Tadawulaty services. The meeting was validly convened after the required legal quorum was achieved.
City and Location of the General Assembly's Meeting	The company's main headquarters is located in Riyadh, on King Fahd Road - Al Anoud Tower 2, via modern technology (remotely) - using Tadawulati services.
Date of the General Assembly's Meeting	2026-06-23 Corresponding to 1448-01-08
Time of the General Assembly’s Meeting	19:45
Percentage of Attending Shareholders	%66.90
Names of the Board of Directors' Members Present at the General Assembly's Meeting and Names of the Absentees	Attendees 1. Mr. Ibrahim Abdullah Abdulaziz Abdulsalam - Chairman of the Board of Directors 2. Mr. Mohammed Abdulaziz Mohammed Al-Sharif - Vice Chairman of the Board of Directors 3. Mr. Sultan Ahmed Abdulaziz Al-Mousa - Board Member 4. Mr. Nasser Abdulaziz Nasser Al-Suhail - Board Member
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. Mohammed Abdul Aziz Mohammed Al Sharif - Chairman of the Audit Committee 2. Mr. Sultan Ahmed Abdul Aziz Al Mousa - Chairman of the Nominations and Remuneration Committee
Voting Results on the Items of the General Assembly's Meeting Agenda's	Approval of the company's auditor's report for the fiscal year ended December 31, 2025, after discussing it. Review and discussion of the Board of Directors' report for the fiscal year ended December 31, 2025. Review and discussion of the company's financial statements for the fiscal year ended December 31, 2025. Approval of the discharge of liability of the Board of Directors members for the fiscal year ended December 31, 2025. Approval of the appointment of Al-Zoman, Al-Fahad & Al-Hajaj Professional Consulting Company as the company's external auditor from among the nominated candidates, based on the recommendation of the Audit Committee, to examine, review, and audit the interim financial statements for the second and third quarters of fiscal year 2026, the annual financial statements for the year ending December 31, 2026, and the interim financial statements for the first quarter of fiscal year 2027, for fees amounting to SAR 355,000 (three hundred fifty-five thousand Saudi Riyals). Approval of authorizing the Board of Directors to distribute interim dividends to shareholders on a semi-annual or quarterly basis for the fiscal year ending December 31, 2026. Approval of delegating to the Board of Directors the authority of the Ordinary General Assembly regarding the authorization stipulated in Paragraph (1) of Article 27 of the Companies Law, for a period of one year from the date of the General Assembly's approval or until the end of the delegated Board's term, whichever occurs first, in accordance with the conditions set forth in the Executive Regulations of the Companies Law for listed joint-stock companies. Approval of the transactions and contracts concluded between the Company and Water Treatment Works Company, in which the Chairman of the Board, Mr. Ibrahim Abdullah Abdulsalam, has an indirect interest. These transactions relate to financing and commenced in 2022. The value of transactions during 2025 amounted to SAR 501,000 (credit transactions). These transactions were conducted on prevailing commercial terms and without any preferential conditions. Approval of the transactions and contracts concluded between the Company and the Chairman of the Board, Mr. Ibrahim Abdullah Abdulsalam, in which he has a direct interest. These transactions relate to shareholder financing and commenced in 2023. The value of transactions during 2025 amounted to SAR 8,890,000 (debit transactions) and SAR 29,424,000 (credit transactions). These transactions were conducted on prevailing commercial terms and without any preferential conditions. Approval of the participation of the Chairman of the Board, Mr. Ibrahim Abdullah Abdulsalam, in a business activity that competes with the Company's business