Naqi Water Company Announces the Results of the General Assembly Meeting (First Meeting)

Element List	Explanation
Introduction	Naqi Water Company Board is pleased to announce the results of the General Assembly Meeting which was held on Sunday 8th Jan 2023 corresponding to 15th Jumada II 1444H (Umm Al Qura Calendar) at 18:30 PM after reaching the OGM quorum as per the Company’s bylaws.
City and Location of the General Assembly's Meeting	At company's headquarters, Qassim - Unaizah, by means of modern technology
Date of the General Assembly's Meeting	2023-01-08 Corresponding to 1444-06-15
Time of the General Assembly's Meeting	18:30
Percentage of Attending Shareholders	72.11%
Names of the Board of Directors' Members Present at the General Assembly's Meeting and Names of the Absentees	A number of members of the Board of Directors attended the meeting, and they are:

1- Mr. Amin Abdullah Al-Mallah (Chairman of the Board )

2- Mr. Saleh Shabab Al-Salami ( Vice Chairman of the Board )

3- Mr Mustafa Hasab Allah Al-Houfi

4- Mr Zaid Nihal Al-Nader

Absent from the meeting:

1- Mr Abdullah Muhammad Al-Rabadi

2- Mr Youssef Muhammad Al-Qafari

Also attended from the executive management of the company were:

1- Mr. Abdulaziz Youssef Al-Sayegh, CEO of Naqi Water Company

2- Prof.Qasim Mohammad Zureigat – CFO of Naqi Water Company 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 attendees represented the Board’s committees during the meeting:

3- Mr. Mustafa Hasab Allah Al-Houfi (Audit Committee)

4- Mr. Zaid Nihal Al-Nader (Remuneration and Nomination Committee) Voting Results on the Items of the General Assembly's Meeting Agenda's The General Assembly voted to approve the following:

1- Approval on the Board of Directors’ recommendation to distribute cash dividends of SAR 20,000,000 for the second and third quarters of 2022. That represents 10% of the book value of the outstanding shares (SAR 1 per share). The eligibility of dividend shall be for the shareholders at the day of the General Assembly meeting, who are registered in the register of The Securities Depository Center Company at the end of the second trading day following the eligibility

date. Payment of cash dividends will start on 18 January 2023.

2- Approval on delegating to the Board of Directors the authorization powers of the General Assembly to approve quarterly and semiannually dividends for the year 2023. Additional Information For further inquiries, please contact Investor Relations Department:

a.almohaimeed@naqiwater.com

B.O.Box: 608, Unayzah, Qassim

Post Code: 51911

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