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

1. Mr. Abdullah Nasser Mohammed Al Turki (Chairman of the Board of Directors).

2. Eng. Badr Nasser Mohammed Al Turki (Vice Chairman of the Board of Directors).

3. Mr. Abdulrahman Nasser Mohammed Al Turki (Managing Director and Chief Executive Officer).

4. Mr. Ahmed Suleiman Abdullah Al Hamdan (Board Member).

5. Ms. Fay Abdul Aziz Ibrahim Al Manea (Board Member).

1- Ms. Fay Abdul Aziz Ibrahim Al-Munaie (Board Member, Chair of the Audit Committee, Chair of the Nominations and Remuneration Committee).

2. The company's auditors' report for the fiscal year ending December 31, 2024, was approved after discussion.

3. The financial statements for the fiscal year ending December 31, 2024, were reviewed and discussed.

4. The discharge of the Board of Directors from liability for the fiscal year ending December 31, 2024, was approved.

5. The disbursement of SAR 180,000 as remuneration to the Board of Directors for the fiscal year ending December 31, 2024, was approved. 6. Approval was given to appoint Yasser Zoman Al Zoman, Khaled Fawzan Al Fahad, and Zaher Abdullah Al Hajjaj Professional Consulting Company as the company's auditors, from among the candidates nominated based on the Audit Committee's recommendation. The auditors will review and audit the semi-annual and annual financial statements for the fiscal year ending December 31, 2025. Their fees were set at SAR 306,000.

7. Approval was given to the business and contracts concluded between the company and the Imdad Al Etihad Contracting Establishment, in which Board Member Mr. Abdul Rahman Nasser Mohammed Al Turki has an indirect interest. These contracts comprise sales and disposals of property, machinery, and equipment during the period ending December 31, 2024, without any preferential terms, for an amount of SAR 5,459,762.

8. Approval was granted for the transactions and contracts concluded between the Company and Stone Foundation Limited, in which Board Member Mr. Abdulrahman Nasser Mohammed Al Turki has a direct interest. These transactions are for a proxy payment for the period ending December 31, 2024, without any preferential terms, amounting to SAR 135,034.

9. Approval was granted for the transactions and contracts concluded between the Company and Abdulrahman Nasser Al Turki Trading and Contracting Establishment, in which Board Member Mr. Abdulrahman Nasser Mohammed Al Turki has a direct interest. These transactions are for proxy expenses and the purchase of property, machinery, and equipment for the period ending December 31, 2024, without any preferential terms, amounting to SAR 7,914,371.