Natural Gas Distribution Co. Announces the Results of the Ordinary General Assembly Meeting (First Meeting)

The Ordinary General Assembly approved a cash dividend distribution of SAR 3,000,000 for the 2025 fiscal year, representing SAR 0.60 per share or 6% of the company's capital.
Dividend eligibility is for shareholders registered at the end of the second trading day following the June 22, 2026 meeting, with distribution scheduled to commence on July 6, 2026.
Shareholders approved the 2025 financial statements, the auditor’s report, and amendments to the Remuneration and Nominations Committee’s bylaws and remuneration policies.
Crew Solutions Professional Consulting Company was appointed as the auditor for the 2026 fiscal year to review semi-annual and annual financial statements for an estimated fee of SAR 261,000.

Element List	Explanation
Introduction	The Board of Directors of the Natural Gas Distribution Company is pleased to announce the results of the Ordinary General Assembly Meeting (First Meeting), which was held virtually at 8:00 PM on Monday, June 22, 2026 (corresponding to 7/1/1448 AH). The meeting was held after the quorum required for a valid Ordinary General Assembly Meeting was met, in accordance with the company's Articles of Association.
City and Location of the General Assembly's Meeting	Riyadh - the headquarters of the company's general administration through modern technology
Date of the General Assembly's Meeting	2026-06-22 Corresponding to 1448-01-07
Time of the General Assembly’s Meeting	20:00
Percentage of Attending Shareholders	48.60%
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. Eng. Abdulrahman bin Sulaiman (Chairman of the Board) 2. Mr. Abdulatif bin Omar Al-Abdulatif (Vice Chairman of the Board) 3. Mr. Majid bin Abdulrahman Al-Asilan 4. Eng. Majid bin Abdullah Al-Issa 5. Eng. Raed bin Nasser Al-Haidari The following member was absent: 1. Eng. Abdulhadi bin Ayed Al-Qahtani
Names of the Chairmen of the Committees Present at the General Assembly's Meeting or Members of such Committees Attending on Their Behalf	His Excellency Engineer Raed bin Nasser Al-Haidari (Chairman of the Audit Committee) His Excellency Engineer Majed bin Abdullah Al-Essa (Chairman of the Nominations and Remuneration Committee) His Excellency Engineer Abdulrahman bin Sulaiman (Chairman of the Executive Committee)
Voting Results on the Items of the General Assembly's Meeting Agenda's	- The Board of Directors' report for the fiscal year ending December 31, 2025, was reviewed and discussed. - The company's auditor's report for the fiscal year ending December 31, 2025, was approved after discussion. - The financial statements for the fiscal year ending December 31, 2025, were reviewed and discussed. - The Board of Directors' recommendation to distribute cash dividends of SAR 3,000,000 to shareholders for the fiscal year 2025 was approved. This amount is SAR 0.60 per share, representing 6% of the company's capital of SAR 50,000,000. Shareholders registered in the company's shareholder register at the Securities Depository Center Company (Edaa) at the end of the second trading day following the General Assembly meeting will be entitled to the dividends. Dividend distribution will commence on July 6, 2026. The General Assembly meeting date is July 6, 2026. - Approval of the amendment to the Remuneration and Nominations Committee's bylaws. - Approval of the amendment to the Board of Directors' and Subcommittees' Remuneration Policy. - Approval of the appointment of Crew Solutions Professional Consulting Company, from among the nominees and based on the Audit Committee's recommendation, to examine, review, and audit the semi-annual and annual financial statements for the fiscal year 2026, and to determine its fees, which are estimated at SAR 261,000.