| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of Scientific & Medical Equipment House CO. is pleased to announce to its esteemed shareholders the results of the Ordinary General Assembly 8Th meeting (the first meeting), which was held at (19:00) in the evening of Tuesday, 01 Muharram 1448AH corresponding to Jun 16, 2026, through Modern technology means Tadawulaty Platform website after completing the legal quorum for the validity of the Ordinary General Assembly meeting. |
| City and Location of the General Assembly's Meeting | Riyadh - Head office - Through modern technology means using Tadawulaty Platform. |
| Date of the General Assembly's Meeting | 2026-06-16 Corresponding to 1448-01-01 |
| Time of the General Assembly’s Meeting | 19:00 |
| Percentage of Attending Shareholders | 60.21 |
| Names of the Board of Directors' Members Present at the General Assembly's Meeting and Names of the Absentees | The following Board Members attended the meeting: 1) Mr. Basel bin Saud bin Mohammed Al Arifi (Chairman – Chairman of the General Assembly) 2) Mr. Bandar bin Saud bin Mohammed Al Arifi (Vice Chairman) 3) Mr. Barakat bin Saud bin Mohammed Al Arifi (Board of Member) 4) Dr. Fisal bin Hawas bin Farhan Al Attawi (Managing Director (CEO)) 5) Mr. Mohammed bin Ibrahim bin Abdul Mohsen Al-Huqayl. (Board of Member) 6) Mr. Hassan bin Ali bin Abdul Mohsen Al-Jishi. (Board of Member) 7) Mr. Munir bin Ahmed bin Mohammed Al-Sari. (Board of 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 Committees Chairmen attended the meeting: 1) Mr. Loay Ali Al-Saratawy (Audit Committee Chairman) 2) Mr. Mohammed bin Ibrahim Al-Hoqayl (Remuneration and Nominations Committee Chairman) 3) Mr. Hassan bin Ali Al-Jishi (Risk Committee Chairman) |
| Voting Results on the Items of the General Assembly's Meeting Agenda's | Attached |
| Attached Documents | Attached Documents |
Scientific & Medical Equipment House CO. Announces the Results of the Ordinary General Assembly 8Th Meeting (First Meeting)
AI Summary
- Shareholders approved the distribution of SAR 30 million in cash dividends for the 2025 fiscal year at SAR 1 per share (10% of nominal value), with distribution scheduled to begin on July 6, 2026.
- The assembly approved the financial statements, Board of Directors’ report, and auditor’s report for the fiscal year ending December 31, 2025, while discharging Board members from liability for the same period.
- Turki Abdulmohsen Al-Luhaid & Saleh Abdullah Al-Yahya were appointed as external auditors for the 2026 fiscal year and Q1 2027 with fees totaling SAR 510,000, and a Board remuneration of SAR 1,547,000 was approved for FY 2025.
- Multiple related party transactions and contracts for 2025 were authorized, including a SAR 10 million factory construction contract for Wareed Medical Industries Co. and various service agreements with Rawabi International Marketing Co. totaling over SAR 6.8 million.
Attachments
