| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of Leaf Global Environmental Services Company is pleased to announce the results of the Extraordinary General Assembly meeting held at 8:30 pm on Tuesday, 30/06/2026 AD. The meeting was held remotely using modern technology, after the legal quorum for the meeting was achieved. |
| City and Location of the General Assembly's Meeting | Via video and audio communication |
| Date of the General Assembly's Meeting | 2026-06-30 Corresponding to 1448-01-15 |
| Time of the General Assembly’s Meeting | 22:30 |
| Percentage of Attending Shareholders | 78.02 |
| Names of the Board of Directors' Members Present at the General Assembly's Meeting and Names of the Absentees | All Board Members Attended the General Assembly. Mr. Abdullah Saleh Bin Laden (Chairman of the Board) Mr. Meshaal Ghanim Aljuhani (Vice Chairman of the Board) Mr. Rizwan Babar (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 | Mr. Haitham Kamal Mansi (Audit Committee Chairman) |
| Voting Results on the Items of the General Assembly's Meeting Agenda's | 1.The Board of Directors’ report for the fiscal year ended 31-12-2025 was reviewed. 2.The financial statements for the fiscal year ended 31-12-2025 were reviewed. 3.Approval of the Company’s Auditor’s Report for the fiscal year ended 31-12-2025. 4.Approval of the selection of (Al-Mohasiboon Al-Muttahedoon Company) as the Company’s auditor from among the nominated candidates, based on the recommendation of the Audit Committee, to examine, review, and audit the first-half and annual financial statements for fiscal year 2026, for a fee of SAR 195,000, exclusive of Value Added Tax. 5.Approval of the amendment of Article Four of the Company’s Bylaws relating to the Company’s objectives. 6.Approval of the addition of Article Eight to the Company’s Bylaws relating to preferred shares and redeemable shares, and the Company’s purchase and conversion of shares. 7.Approval of the disbursement of an amount of SAR 300,000 as remuneration to the members of the Board of Directors for the fiscal year ended 31 December 2025. 8.Approval of the discharge of the members of the Board of Directors from liability for the year ended 31-12-2025. 9.Approval of authorizing the Board of Directors with the power of the Ordinary General Assembly regarding the authorization stipulated in Paragraph (1) of Article Twenty-Seven of the Companies Law, for a period of one year from the date of the General Assembly’s approval or until the end of the term of the authorized Board of Directors, whichever occurs first, in accordance with the conditions set out in the Implementing Regulation of the Companies Law for Listed Joint Stock Companies. |
| Additional Information | If you have any questions, please contact the Investor Relations Department via email at: ir@lges.com.sa |
Leaf Global Environmental Services Co. Announces the Results of the Extraordinary General Assembly Meeting (First Meeting)
AI Summary
- Leaf Global Environmental Services held its Extraordinary General Assembly on June 30, 2026, where shareholders approved the FY 2025 financial statements and discharged the Board of Directors from liability.
- Shareholders approved the appointment of Al-Mohasiboon Al-Muttahedoon Company as the external auditor for the 2026 fiscal year for a fee of SAR 195,000.
- Amendments to the Company’s Bylaws were approved, specifically regarding the company's objectives and the introduction of provisions for preferred shares, redeemable shares, and share buybacks.
- A total remuneration of SAR 300,000 was approved for the members of the Board of Directors for the 2025 fiscal year.
