Methanol Chemicals Co. Announces the Results of the Ordinary General Assembly Meeting (Second Meeting)

Element List	Explanation
Introduction	The Board of Directors of Methanol Chemicals Company (Chemanol) is pleased to announce to the shareholders the results of the Ordinary General Assembly meeting (Second Meeting), which was held at 07:30 PM on Thursday, 23/02/1448 H, corresponding to 06/08/2026 at the Company’s head office in Jubail Industrial City, via modern technology means using the Tadawulaty system.

Due to the lack of quorum required for the first meeting, where attendance was 22.8%, the second meeting was convened one hour after the scheduled time of the first meeting, with the attendance rate for the second meeting amounting 25.8 % of the Company’s total share capital. City and Location of the General Assembly's Meeting Company Head Office – Jubail Industrial City Date of the General Assembly's Meeting 2026-08-06 Corresponding to 1448-02-23 Time of the General Assembly’s Meeting 19:30 Percentage of Attending Shareholders 25,8% 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. Fahad Fozan Al-Shaya (Chairman)

2. Mr. Abdullah Sulaiman Al-Sayari (Vice Chairman)

3. Dr. Abdul Aziz Abdul Rahman Al-Shamekh (Board Member)

4. Mr. Fahd Saud Al-Omran (Board Member)

5. Mr. Abdullah Mushabab Al-Qahtani (Board Member)

6. Mr. Yousif Abdullah Al Rajhi (Board Member)

7. Mr. Basem Mohammed Bahloul (Board Member).

8. Mr. Abdullah Ahmed Abuthyab (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 1. Mr. Fahad Fozan Al-Shaya (Chairman of Board of Directors and Executive Committee).

2. Mr. Fahad Abdullah Al-Ageefi (Chairman of Audit Committee).

3. Mr. Basem Mohammed Bahloul (Chairman of Nomination and Remuneration Committee). Voting Results on the Items of the General Assembly's Meeting Agenda's (Including a detailed breakdown for each resolution, of the percentage of votes cast in approval, non-approval, and abstentions) 1. The Board of Directors’ Report for the financial year ended 31/12/2025 was reviewed and discussed.

2. Approval of the Auditor’s Report for the financial year ended 31/12/2025, after discussion.

- Approval Percentage: 94,3%

- Disapproval Percentage: 3,4%

- Abstention Percentage: 2,3%

3. The Financial Statements for the financial year ended 31/12/2025 were reviewed and discussed.

4. Approval of the appointment of Messrs. Al-Bassam & Co. (Chartered Accountants) from among the nominated candidates, based on the recommendation of the Audit Committee, to examine, review, and audit the second, third, and fourth quarter financial statements and the annual financial statements for the financial year 2026, alongside the first quarter of the financial year 2027, for fees amounting to SAR 700,000 (exclusive of VAT).

- Al-Bassam & Co.

Voting percentage :88.6%

- Forvis Mazars

Voting percentage:2.8%

- Abstention Percentage: 8.6%

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.