Neft Alsharq Company for Chemical Industries Announces the Results of the Ordinary General Assembly Meeting (First Meeting)

Element List	Explanation
City and Location of the General Assembly's Meeting	The company’s headquarters – Riyadh – via modern technological means (Remotely)
Date of the General Assembly's Meeting	2026-06-24 Corresponding to 1448-01-09
Time of the General Assembly’s Meeting	20:45
Percentage of Attending Shareholders	64.04%
Names of the Board of Directors' Members Present at the General Assembly's Meeting and Names of the Absentees	The meeting was attended remotely through modern technology by the following Board members: Dr. Ibrahim bin Ali Al-Mohsen (Chairman of the Board) Mr. Adel bin Abdullah Al-Mudlej (Vice Chairman of the Board) Mr. Majed bin Salem Al-Ajmi (Managing Director and Chief Executive Officer) Mr. Ibrahim bin Abdullah Al-Omaiqan (Board Member) Mr. Mohammed bin Abdulrahman Al-Rajhi (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. Anas Mohammed Al-Tuwaijri (Audit Committee Member)
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 December 2025 was reviewed and discussed. 2.The External Auditor’s Report for the fiscal year ended 31 December 2025 was approved following discussion. 3.The audited financial statements for the fiscal year ended 31 December 2025 were reviewed and discussed. 4.The appointment of Crowe Solutions for Professional Consulting as the Company’s external auditor, from among the candidates nominated based on the recommendation of the Audit Committee, was approved to examine, review, and audit the interim and annual financial statements for the fiscal year 2026, with fees amounting to SAR 185,000. 5.The payment of SAR 315,000 as remuneration to the members of the Board of Directors for the fiscal year ended 31 December 2025 was approved. 6.The payment of SAR 97,500 as remuneration to the members of the Audit Committee for the fiscal year ended 31 December 2025 was approved. 7.The discharge of the liability of the members of the Board of Directors for the fiscal year ended 31 December 2025 was approved. 8.The authorization of the Board of Directors to distribute interim dividends on a quarterly or semi-annual basis for the fiscal year ending 31 December 2026 was approved. 9.The authorization of the Board of Directors with the powers of the Ordinary General Assembly as stipulated in Paragraph (1) of Article Twenty-Seven of the Companies Law was approved for a period of one year from the date of the Ordinary General Assembly’s approval or until the end of the delegated Board’s term, whichever occurs first, in accordance with the conditions set forth in the Implementing Regulations of the Companies Law for Listed Joint Stock Companies.