Mohammed Hasan AlNaqool Sons Co. Announces the Results of the Ordinary General Assembly Meeting (First Meeting)

Element List	Explanation
Introduction	The Board of Directors of Mohammed Hassan Al-Naqool Sons Company is pleased to announce the results of the Ordinary General Assembly Meeting (First Meeting), which was held at 8:00 PM on Tuesday, 15/01/1448 AH, corresponding to 30/06/2026 AD, via modern technology.
City and Location of the General Assembly's Meeting	The company's main center is in Dammam - using modern technology
Date of the General Assembly's Meeting	2026-06-30 Corresponding to 1448-01-15
Time of the General Assembly’s Meeting	20:00
Percentage of Attending Shareholders	63.32%
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. Majid bin Mohammed bin Hassan Al-Naqool (Chairman of the Board) 2- Mr. Mohammed Hazza Mohammed Al-Mutairi (Vice Chairman of the Board) 3- Mr. Turki bin Mohammed bin Hassan Al-Naqool (Managing Director and CEO) 4- Mr. Hatem Hamza Ali Al-Shallali (Board Member) 5- Mr. Fayez Abdullah Bin Ayesh Al-Zaidi (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	The following gentlemen attended the meeting: 1- Mr. Mohammed Hazza bin Mohammed Al-Mutairi (Chairman of the Risk Management Committee) 2- Mr. Hatem Hamza bin Ali Al-Shallali (Chairman of the Remuneration and Nominations Committee, and Chairman of the Audit Committee).
Voting Results on the Items of the General Assembly's Meeting Agenda's	1. The financial statements for the fiscal year ending December 31, 2025, were reviewed and discussed. 2. The company's auditor's report for the fiscal year ending December 31, 2025, was approved after discussion. 3. The Board of Directors' report for the fiscal year ending December 31, 2025, was reviewed and discussed. 4. The payment of SAR 500,000 as remuneration to the members of the Board of Directors for the fiscal year ending December 31, 2025, was approved. 5. The Board of Directors' resolution to appoint Mr. Fayez Abdullah Ayesh Al-Zaidi as an independent member of the Board, effective from his appointment date of May 17, 2026, to complete the current term ending December 14, 2029, succeeding Mr. Nizar Saleh Suleiman Al-Sarraf, was approved. 6- Approval of the discharge of liability of the gentlemen members of the Board of Directors for the fiscal year ending on 12/31/2025.