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 Sunday 15/09/2024G corresponding to 12/03/1446H 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	2024-09-15 Corresponding to 1446-03-12
Time of the General Assembly’s Meeting	18:30
Percentage of Attending Shareholders	77.13%
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. Hatem Ahmed Soliman

3. Mr. Abdulrahman Khalid Al Zamil

4. Mr. Mohamed Walid Cherif

5. Mr. Kamel Ben Naceur

The following Board Members were absent from this meeting:

1. Mr. Ayman Mamdouh Abbas

2. Mr. Muteb Mohammed Alshathri

3. Mr. Fadi Adel Alsaid

4. Mr. Haitham Mohammed AlFayez 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. Mohamed Walid Cherif (Chairman of the Audit Committee and Chairman of the Remuneration and Nomination Committee) Voting Results on the Items of the General Assembly's Meeting Agenda's • Approved the Board’s recommendations to distribute dividends amounting to SAR 237,498,443, to the shareholders for the financial period of ended 30/06/2024 G, at 0.216 riyals per share, at a rate of 21.6% of the nominal value of the share. Provided that the entitlement to dividends is for shareholders holding the shares by the end of the trading day of the assembly date, and who are registered in the Company's shareholders registry held with the Securities Depository Center Company (Edaa) at the end of the second trading day following the entitlement date. Provided that the distribution of dividends begins on Tuesday, 01/10/2024G corresponding to 28/03/1446H.

• Approved the authorisation of the Board of Directors to distribute interim cash dividends to the shareholders on a semi basis for the financial year 2024G. 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: (+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.