Saudi Arabian Amiantit Co. Announces the Results of the Ordinary General Assembly Meeting (Second Meeting)

Element List	Explanation
Introduction	The Board of Directors of Saudi Arabian Amiantit Company is pleased to announce the results of the Ordinary General Assembly Meeting (second Meeting), which was held at 7:30 pm on Thursday 04-12-1447H corresponding to 21-05-2026G, by means of modern technology. As the first meeting was not held due to the lack of the necessary quorum the attendance rate for the first meeting was (20.05%), the second meeting was held one hour after the date of the first meeting, and the attendance rate during the second meeting reached (20.05%) of the company's total capital. After the quorum of the meeting is reached.
City and Location of the General Assembly's Meeting	The company's main headquarters in Dammam through modern technology.
Date of the General Assembly's Meeting	2026-05-21 Corresponding to 1447-12-04
Time of the General Assembly’s Meeting	19:30
Percentage of Attending Shareholders	20.05%
Names of the Board of Directors' Members Present at the General Assembly's Meeting and Names of the Absentees	1 - Dr. Solaiman Abdulaziz Al-Tuwaijri – Member. 2 - Dr. Mohammad Saud Albadr – Member. 3 - Mr. Khalid bin Mohammed Al Bawardi – Member Apology received from: 1 - His Highness Prince Ahmad bin Khalid bin Abdullah bin Abdulrahman Al Saud – Chairman of the Board of Directors. 2 - His Royal Highness Prince Abdulaziz Bin Mohammad Bin Fahad Bin Abdulaziz Al-Saud- Vice – Chairman
Names of the Chairmen of the Committees Present at the General Assembly's Meeting or Members of such Committees Attending on Their Behalf	1 - Dr. Mohammed Bin Saud Abdulaziz Al-Badr - Chairman of the Nomination and Remuneration Committee. 2 - Dr. Solaiman Bin Abdullah Al-Sakran – the chairman of Audit Committee.
Voting Results on the Items of the General Assembly's Meeting Agenda's	1 - The Board of Directors’ report for the year ending 31/12/2025G was reviewed and discussed. 2 - The company’s financial statements for the year ending on 31/12/2025G were reviewed and discussed. 3 - Approval of the auditor’s report for the year ending 31/12/2025G after discussing it. 4 - Approval of appointing of Al Kharashi & Co. Certified Accountants and Auditors. as auditor for the company from among the candidates based on the recommendation of the Audit Committee, to examine, review and audit the financial statements for the (second and third) quarters and annual of the year ending 31/12/2026G, and the first quarter of for the year ending 31/12/2027G, with fees of SAR 1,205,000 (VAT excluded). 5 - Approval of discharging members of the Board of Directors from their liabilities for the year ending on 31/12/2025G. 6 - Approval of paying an amount of SAR 1,000,000 as remuneration to the Board members for the fiscal year ending on 31-12-2025G.
Additional Information	The Board of Directors of Saudi Arabian Amiantit Co. would like to thank all the respected shareholders for their participation and attendance.