Ades Holding Company Announces the Results of the Ordinary General Assembly Meeting (First Meeting)

Element List	Explanation
Introduction	The Board of Directors of ADES Holding Company is pleased to announce the results of the Ordinary General Assembly held on Tuesday 20/02/2024G corresponding to 10/08/1445H after the quorum for the validity of the meeting was completed.
City and Location of the General Assembly's Meeting	Through modern technology means (via Tadawulaty System platform) at the Company’s premises located at Prince Turki Road, Al Kurnaish District, Al Khobar, Kingdom of Saudi Arabia
Date of the General Assembly's Meeting	2024-02-20 Corresponding to 1445-08-10
Time of the General Assembly’s Meeting	19:00
Percentage of Attending Shareholders	70.88%
Names of the Board of Directors' Members Present at the General Assembly's Meeting and Names of the Absentees	The meeting was attended by the following Board Members:

1. Dr. Mohamed Farouk Abdelkhalek (Vice-chairman)

2. Mr. Abdulrahman Khalid Al Zamil (Board Member)

3. Mr. Hatem Ahmed Soliman (Board Member)

The following Board Members were unable to attend the meeting:

1. Mr. Ayman Mamdouh Abbas

2. Mr. Muteb Mohammed Alshathri

3. Mr. Fadi Adel Al Said 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 committee chairpersons attended the meeting:

• Mr. Abdulrahman Khalid Al Zamil (Chairman of the Nomination and Remuneration Committee) Voting Results on the Items of the General Assembly's Meeting Agenda's Approving the election of three independent directors, from amongst candidates, for the vacant seats on the Board of Directors to complete its current session which commenced on 02/06/1444H (corresponding to 26/12/2022G) for a term of five years ending on 28/07/1449H (corresponding to 26/12/2027G), where the following members were elected:

1. Mr. Haitham Muhammed Abdulrhman Alfayez

2. Mohamed Walid Taoufik Cherif

3. Kamel Ben Naceur Additional Information The Board of Directors of ADES Holding Company would like to thank all the respected shareholders for their participation and attendance of the Ordinary General Assembly Meeting (First Meeting).

For any inquiries, please directly contact the Legal Department through:

Tel: 00 966 538663210

Email: legal@adesgroup.com

Website: www.adesgroup.com

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.