ADVANCED PETROCHEMICAL COMPANY ANNOUNCES THE RESULTS OF THE 19th ORDINARY GENERAL ASSEMBLY MEETING (First MEETING) THROUGH MODERN TECHNOLOGY MEANS

Element List	Explanation
Introduction	Advanced Petrochemical Company is pleased to announce to its shareholders the results of the 19th Ordinary General Assembly Meeting (First Meeting), which was held through modern technology means after fulfilling the required legal quorum for Ordinary General Assembly meeting in accordance with the Companies Law and the Company’s Bylaws. The percentage of shares represented at the first meeting was (40.73%).
City and Location of the General Assembly's Meeting	The Meeting was held through the modern technology means.
Date of the General Assembly's Meeting	2025-04-29 Corresponding to 1446-11-01
Time of the General Assembly’s Meeting	18:30
Percentage of Attending Shareholders	40.73%
Names of the Board of Directors' Members Present at the General Assembly's Meeting and Names of the Absentees	Names of the Board of Directors' Members Present at the General Assembly's Meeting:

1. Mr. Khalifa Abdullatif Abdullah Al-Mulhem (Chairman of the Board of Directors)

2. Mr. Waleed Mohammed Abdullah Al-Jaafari (Vice Chairman of the Board of Directors)

3. H.E. Eng. Abdullah Ibrahem Abdallah Al-Saadan

4. Eng. Abdulaziz Abdullah Moqbel Al-Habardi

5. Eng. Abdulsalam Mazro Abdullah Al-Mazro

6. Mr. Abdulaziz Abdullah Abdulaziz Al-Mulhem

7. Dr. Bader Osama Hassen Johar.

8. Eng. Nader Saleh Abdullah Al-Dakheel

9. Eng. Mohammed Khalifa Abdullatif Al-Mulhem 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. Khalifa Abdullatif Abdullah Al-Mulhem (Chairman of the Executive Committee)

2. Mr. Waleed Mohammed Abdullah Al-Jaafari (Chairman of the Investment Committee)

3. Dr. Bader Osama Hassen Johar(Chairman of the Nomination and Remuneration Committee)

4. Mr. Abdullah Abdulrahman Buali (Chairman of the Audit Committee) Voting Results on the Items of the General Assembly's Meeting Agenda's 1. The Board of Directors Report for the year ended on 31-12-2024 was reviewed and discussed.

2. The Company consolidated financial statements for the year ended on 31-12-2024 were reviewed and discussed. 

3. Approval of the Company’s external auditor report for the year ended on 31-12-2024 after discussing it. 

4. Approval on releasing the members of the Board of Directors from their liabilities for the fiscal year ending on 31-12-2024.

5. Approval of authorizing the Board of Directors to distribute interim cash dividends to the shareholders on a biannual or quarterly basis for the financial year 2025 in accordance with the Implementing Regulation of the Companies Law for Listed Joint Stock Companies in which it should be appropriate with the company’s financial position, cash flow, expansion and investment plans.

6. Approval of delegating the Board of Directors the vested powers of the general assembly meeting as per Article (27/1) of the Companies Law for one year from the date of the approval by the general assembly meeting or the end of the delegated Board of Directors' term, which comes first. Such delegation shall be in accordance with the requirements stipulated in the Implementing Regulation of the Companies Law for Listed Joint Stock Companies.

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