First Milling Co. Announces the Results of the Extraordinary General Assembly Meeting (First Meeting)

Shareholders approved the transfer of the SAR 82.82 million statutory reserve to the company's retained earnings account following the Extraordinary General Assembly held on June 28, 2026.
The assembly approved the fiscal year 2025 financial statements, discharged board members from liability, and authorized SAR 2.26 million in board remuneration.
Multiple bylaw amendments were ratified, including articles related to board authorities and profit allocation, though shareholders specifically disapproved a proposal to restrict changes in major shareholder ownership.
KPMG was appointed as the external auditor for the 2026 fiscal year and the first quarter of 2027, and two board members were elected or confirmed to serve until August 14, 2026.

Element List	Explanation
Introduction	The Board of Directors of the First Milling Company is pleased to announce the results of the Extraordinary General Assembly held on Sunday 28/06/2026G corresponding to 13/01/1448H after the quorum for the validity of the meeting was completed.
City and Location of the General Assembly's Meeting	First Milling Company Headquarters, Jeddah- Al Baghdadiyah District- Madinah Road (remotely via modern technology using Tadawulaty system).
Date of the General Assembly's Meeting	2026-06-28 Corresponding to 1448-01-13
Time of the General Assembly’s Meeting	18:30
Percentage of Attending Shareholders	71.60%
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 General Assembly meeting: 1. Mr. Abdullah Ahmed Al-Shehri (Vice Chairman) 2. Mr. Rakan Abdullah Abunayyan 3. Mr. Ahmed Musfer Al-Ghamdi 4. Mr. Murad Ahmed Al-Katib 5. Mr. Essa Abdullah Al-Ghurair 6. Mr. Massimo Dominico Ambrosio The following Board Members were absent from the meeting: 1. Mr. Tariq Mutlaq Al-Mutlaq (Chairman)
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 Chairpersons attended the meeting: 1. Dr. Abdulrahman Sulaiman Al-Turaigi (Chairman of the Audit Committee) 2. Mr. Massimo Dominico Ambrosio (Chairman of Nomination and Remuneration Committee) The following Committee Chairpersons were absent from the meeting: 1. Mr. Tariq Mutlaq Al-Mutlaq (Chairman of Executive Management Committee)
Voting Results on the Items of the General Assembly's Meeting Agenda's	Attached
Additional Information	The Board of Directors of the First Milling Company would like to thank all respected shareholders for their participation and attendance of the EGM For any inquiries, please contact the Investor Relations Department by phone at 920010375 or via email at: IR@firstmills.com
Attached Documents	Attached Documents