Taqat Mineral Trading Co. Announces the Results of the Ordinary General Assembly Meeting (First Meeting)

Element List	Explanation
Introduction	The Board of Directors of Taqat Mineral Trading Company is pleased to announce the results of the Ordinary General Assembly Meeting (First Meeting), which was held at (20:15) on Thursday evening, 10-01-1448 AH, corresponding to 25-06-2026 AD, via modern technology means, where the legal quorum for the meeting was completed with an attendance rate of 37.97%.
City and Location of the General Assembly's Meeting	At the Gardeno Hotel in Riyadh - via modern technology (remotely) - using Tadawulati services
Date of the General Assembly's Meeting	2026-06-25 Corresponding to 1448-01-10
Time of the General Assembly’s Meeting	20:15
Percentage of Attending Shareholders	37.97 %
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. Fahd Abdullah Al-Khunaini – Chairman - Chairman of the General Assembly. 2) Mr. Abdulrahman Muhammad Al-Khathlan – Vice Chairman. 3) Mr. Ali Muhammad Alhudaif – Managing Director (CEO). 4) Mr. Muhammad Azzam Muhammad Al-Shuwaier – Board Member. 5) Mr. Mohammed Abdul razzaq Ahmed al- maa – 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 members of the committees, or their designated representatives, attended the meeting: 1) Professor/Mohammed Abdul Razzaq Ahmed Al-Ma’a – Member of the Review Committee.
Voting Results on the Items of the General Assembly's Meeting Agenda's	1. The Board of Directors' report for the fiscal year ending December 31, 2025, was reviewed and discussed. 2. The company's auditor's report for the fiscal year ending December 31, 2025, was approved after discussion. 3. The financial statements for the fiscal year ending December 31, 2025, were reviewed and discussed. 4. The payment of SAR 244,656.35 in remuneration to the independent board members for the fiscal year ending December 31, 2025, was approved. 5. The payment of SAR 81,336.33 in remuneration to the audit committee members for the fiscal year ending December 31, 2025, was approved. 6. Approval of the appointment of Al-Zouman, Al-Fahad & Al-Hajjaj Professional Consulting Company as the company's external auditor, from among the candidates recommended by the Audit Committee, to examine, review, and audit the financial statements for the first half and the full year for the fiscal year ending December 31, 2026, and to set their fees at SAR 448,000. 7. Approval of authorizing the Board of Directors with the powers of the Ordinary General Assembly to grant the authorization stipulated in Paragraph (1) of Article Twenty-Seven of the Companies Law, for a period of one year from the date of approval by the General Assembly or until the end of the term of the authorized Board of Directors, whichever is earlier, in accordance with the conditions stipulated in the Implementing Regulations of the Companies Law pertaining to listed joint-stock companies. 8. Approval of the discharge of the members of the Board of Directors from liability for the fiscal year ending December 31, 2025.