Najran Cement Company announces the results of the Ordinary General Assembly meeting (the second meeting)

Element List	Explanation
Introduction	Najran Cement Company announces the results of the Ordinary General Assembly meeting (the second meeting), which was held at 07:30 pm on Thursday, 25-06-2026G corresponding to 10-01-1448H through modern technology means from Company’s Headquarters - Najran city. Due to lack of a quorum in the first meeting, the second meeting was held one hour after the scheduled time for the first meeting where the attendance rate was 22.3% of the shares representing the capital.
City and Location of the General Assembly's Meeting	The Headquarters of the Company, Najran by means of modern technology
Date of the General Assembly's Meeting	2026-06-25 Corresponding to 1448-01-10
Time of the General Assembly’s Meeting	19:30
Percentage of Attending Shareholders	22.3%
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 Rajhi - Chairman of the Board of Directors 2. Mr. Majed Ali Hussain Musallam - Vice Chairman of the Board of Directors 3. Mr. Ali Hussain Borman Al Yami - Member of the Board of Directors 4. Mr. Ziyad Ibrahim Abdullah Aljared - Member of the Board of Directors 5. Mr. Abdullah Jaber Alfaifi - Member of the Board of Directors 6. Mr.Majid Ahmed Alswaigh - Member of the Board of Directors 7. Mr. Abdullah Mansour Al Shagair - Member of the Board of Directors 8. Mr. Hussien Ahmad Qahat - Member of the Board of Directors
Names of the Chairmen of the Committees Present at the General Assembly's Meeting or Members of such Committees Attending on Their Behalf	1. Mr. Waleed Ahmed Bamarouf - Chairman of the Audit Committee. 2. Mr. Ziyad Ibrahim Abdullah Aljared - Chairman of the Nomination and Remuneration Committee. 3. Mr. Majed Ali Hussain Musallam - Chairman of the Executive Committee& Chairman of Steering Committee.
Voting Results on the Items of the General Assembly's Meeting Agenda's	1) Non-approval of the auditor's report for the financial year ended 31/12/2025. 2) Approval of the appointment of RSM united accountants Co, with fees amounting to (475,000) Saudi riyals, excluding value-added tax, as external auditor for the Company from among the nominees and determine their fees based on recommendation of the Audit Committee to examine, review and audit the Company’s financial statements for the second and third quarters of 2026 and the annual financial statements of fiscal year 2026G and first quarter of fiscal year 2027G. 3) Non-approval of delegation of powers to the Board of Directors as stipulated in paragraph (1) of Article 27 of the Companies Law, for a period of one year from the date of approval of the Ordinary General Assembly or until the end of the session of the delegated Board of Directors, whichever is earlier, in accordance with the implementing regulations of the Companies Law for listed joint stock Companies. 4) Approval of authorizing the Board of Directors to distribute interim dividends to shareholders on a semi-annual or quarterly basis for the fiscal year 2026, and determining the maturity and disbursement date as per the rules and regulations of the Companies Lawin line with the company's financial position, cash flows, and expansion and investment plans..