Alhasoob Co. Announces the Results of the Ordinary General Assembly Meeting (First Meeting)

Element List	Explanation
Introduction	The Board of Directors of Alhasoob Trading Company is pleased to announce the results of the Ordinary General Assembly meeting (the first meeting), held on Monday, 29/12/1447 AH - 15/06/2026 AD at 19:30, both in person and via modern technology.
City and Location of the General Assembly's Meeting	The company's headquarters are located in Riyadh, Olaya district, Olaya Street, Al-Rusaiss Commercial Center, 5th floor, office 503 (RHOA6468) – and via modern technology.
Date of the General Assembly's Meeting	2026-06-15 Corresponding to 1447-12-29
Time of the General Assembly’s Meeting	19:30
Percentage of Attending Shareholders	80.71%
Names of the Board of Directors' Members Present at the General Assembly's Meeting and Names of the Absentees	Attendees: - Eng. Hamad Ibrahim Al-Luhaidan (Chairman of the Board of Directors). - Mr. Azzam Abdulaziz Al-Zaben (Vice Chairman of the Board of Directors). - Eng. Abdullah Muhammad Al-Khuwaiter (Board Member) - Mr. Ali Abdul Karim Al-Luhaidan (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	Eng. Abdullah Muhammad Al-Khuwaiter(Chairman of Audit Committee)
Voting Results on the Items of the General Assembly's Meeting Agenda's	1. The Board of Directors’ Report for the fiscal year ended on 31/12/2025 AD was reviewed and discussed. 2. Approved the company’s auditor’s report for the financial year ending on 31/12/2025 AD, after discussing it 3. The financial statements for the fiscal year ending 31/12/2025 AD were reviewed and discussed. 4. Approved the appointment of R S M United Accountants Professional Consulting Company, an auditor from among the candidates based on the recommendation of the Audit Committee, to examine, review, and audit the financial statements for the period ending on 30 June 2026 and the financial year ending on 31 December 2026, and the total fees SAR 155,000 excluding VAT. 5. Approved discharge of members of the company’s Board of Directors from their liability for the fiscal year ended on 31/12/2025 AD. 6. Approved paying an amount of SAR (130,000) annual remuneration to the members of the Board of Directors for the financial year ended on31/12/2025 AD. 7. Approval of authorizing the Board of Directors to distribute interim dividends on a semi-annual or quarterly basis for the fiscal year 2026. 8. Approval of the business and contracts that took place between the company and the Chairman of the Board, Mr. Hamad Ibrahim Al-Luhaidan, which consist of the purchase of equipment, within commercial transactions that take place in the context of normal business for a period of one year, and in accordance with the prevailing commercial terms and without any preferential terms, noting that the value of the transactions for the previous year is 60,638 riyals. 9. Approval of authorizing the Board of Directors with the authority of the Ordinary General Assembly to grant the license mentioned in paragraph (1) of Article Twenty-Seven 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 term of the authorized Board of Directors, whichever is earlier, in accordance with the conditions mentioned in the Executive Regulations of the Companies Law for listed joint-stock companies.