Methanol Chemicals Company (Chemanol) Announces the Results of the Ordinary General Assembly Meeting (First Meeting)

Element List	Explanation
Introduction	The Board of Directors of Methanol Chemicals Company (Chemanol) is pleased to announce to the Company’s shareholders the results of the Ordinary General Assembly Meeting (first meeting), held on Thursday 28/04/1446 H. corresponding to 31/10/2024 at 07:00 pm. via modern technology means provided by Tadawulaty.
City and Location of the General Assembly's Meeting	Company Head Office – Jubail Industrial City
Date of the General Assembly's Meeting	2024-10-31 Corresponding to 1446-04-28
Time of the General Assembly’s Meeting	19:00
Percentage of Attending Shareholders	36,28%
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:

1. Mr. Melfi Manahi Al-Marzoqi (Vice Chairman has chaired the meeting).

2. Eng. Saud Abdullah Al-Sanea (Board Member).

3. Eng. Abdullah Abdulaziz Al-Znaedi (Board Member).

4. Eng. Waleed Abdulaziz Al-Showair (Board Member).

5. Mr. Yousif Abdullah Abdulaziz Al Rajhi (Board Member).

6. Mr. Hani Sulaiman Al-Saleh (Board Member).

7. Mr. Abdullah Abdul Rahman Bu-Ali (Board Member).

8. Eng. Sabri Abdullah Al-Ghamdi (MD & CEO).

Eng. Ali Abdul Aziz Al-Turki (Chairman) apologized for not attending the meeting due to personal reasons. Names of the Chairmen of the Committees Present at the General Assembly's Meeting or Members of such Committees Attending on Their Behalf 1. Mr. Saad Ibrahim Al-Mushawah (Chairman of Audit Committee).

2. Eng. Abdullah Abdulaziz al Znaedi (Chairman of Marketing Committee).

3. Eng. Akram Aouni Al-Rabayah (Chairman of Project Steering Committee).

4. Mr. Hani Sulaiman Al-Saleh (Chairman of the Nomination and Remuneration Committee).

Eng. Ali Abdul Aziz Al-Turki (Chairman of Executive Committee) apologized for not attending the meeting. Voting Results on the Items of the General Assembly's Meeting Agenda's 1- Approval of the election of the Board of Directors from among the candidates for the next 4-year term beginning on 12/11/2024 and ending on 11/11/2028. The following are the elected members of the Board:

1- Eng. Fares bin Mansoor Mohammed Al-Rajhi.

2- Mr. Abdullah bin Mushabab Saleh Al-Qahtani.

3- Mr. Fahd bin Saud Abdullah Al-Emran.

4- Mr. Abdul Aziz Abdul Rahman Muqbil Al-Shamekh.

5- Mr. Sultan bin Saleh Ayada Al-Khamshi.

6- Mr. Yousif bin Abdullah Abdulaziz Al Rajhi.

7- Mr. Hani bin Sulaiman Abdul Rahman Al-Saleh.

8- Eng. Sabri bin Abdullah Misfer Al-Ghamdi.

9- Eng. Abdullah bin Abdulaziz Nasir Al-Znaedi.

2- Approval of delegating the authorization powers of the General Assembly stipulated in paragraph (1) of Article (27) of the Companies Law to the Board of Directors for a period of one year starting from the date of the approval by the General Assembly or until the end of the delegated Board of Directors’ term, whichever is earlier. Such delegation shall be in accordance with the conditions set forth in the Regulatory Rules and Procedures issued pursuant to the Companies Law relating to Listed Joint Stock Companies.

The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.