United Carton Industries Co. Announces the Results of the Ordinary General Assembly Meeting (First Meeting)

United Carton Industries Company’s Ordinary General Assembly approved the 2025 financial statements and authorized the Board of Directors to distribute interim dividends for the 2026 fiscal year.
Shareholders approved the payment of SAR 2,531,000 in total remuneration and allowances to Board and committee members for the fiscal year ended December 31, 2025.
PricewaterhouseCoopers (PwC) was appointed as the external auditor to audit financial statements from Q2 2026 through Q1 2029, with initial fees of SAR 2,082,500 set for the 2026/early 2027 period.
The assembly ratified numerous related-party transactions, including a SAR 33.8 million sales contract with National Biscuits and Confectionery Company and various reimbursements for IPO-related expenses.

Element List	Explanation
Introduction	United Carton Industries Company announces the results of the Ordinary General Assembly Meeting (First Meeting), which was held at 20:00 on Thursday 03/01/1448H corresponding to 18/06/2026G, through modern technology means, after reaching the required quorum for convening the meeting.
City and Location of the General Assembly's Meeting	Jeddah - the Company’s headquarters, through modern technology means.
Date of the General Assembly's Meeting	2026-06-18 Corresponding to 1448-01-03
Time of the General Assembly’s Meeting	20:00
Percentage of Attending Shareholders	72.43%
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: Mr. Adib Abdullah Hamad AlZamil - Chairman of the Board. Mr. Saeed Omar Kassem Alesayi - Vice Chairman of the Board. Mr. Ibrahim Hayel Saeed Anam. Mr. Shawki Ahmed Hayel Saeed. Mr. Sattam Abdulaziz Abdullah AlZamil. Mr. Abdullah Ali AlSanea. Mr. Khalid Mohammed Barahmeh. Mr. Aidroos Hassan Omar Alesayi apologized for not attending the meeting.
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 committee chairmen attended the meeting: Mr. Khalid Mohammed Barahmeh - Chairman of the Audit Committee. Mr. Abdullah Ali AlSanea - Chairman of the Nomination and Remuneration Committee.
Voting Results on the Items of the General Assembly's Meeting Agenda's	Attached are the voting results on the agenda items of the Ordinary General Assembly Meeting.
Attached Documents	Attached Documents