L'azurde Company for Jewelry Announces the Results of the Ordinary General Assembly Meeting (Second Meeting)

Element List	Explanation
Introduction	The Board of Directors of L'azurde Company for Jewelry is pleased to announce the results of the Ordinary General Assembly meeting (the second meeting) that was held on Thursday 02/12/1446H corresponding to 29/05/2025 at 07:30 pm, by means of modern technology, using Tadawulaty system, and that is an hour later from the date of the first meeting (which was supposed to be held at 06:30 pm), noting that the first meeting was not held due to the lack of a quorum according to the law (as the attendance percentage was 19.77446%), and the attendance percentage for the second meeting was 19.77446% and according to the company’s Bylaws and related regulations the second meeting is valid regardless of the number of shares represented in it.
City and Location of the General Assembly's Meeting	Riyadh City, through contemporary technology means

Element List

Explanation

Introduction

The Board of Directors of L'azurde Company for Jewelry is pleased to announce the results of the Ordinary General Assembly meeting (the second meeting) that was held on Thursday 02/12/1446H corresponding to 29/05/2025 at 07:30 pm, by means of modern technology, using Tadawulaty system, and that is an hour later from the date of the first meeting (which was supposed to be held at 06:30 pm), noting that the first meeting was not held due to the lack of a quorum according to the law (as the attendance percentage was 19.77446%), and the attendance percentage for the second meeting was 19.77446% and according to the company’s Bylaws and related regulations the second meeting is valid regardless of the number of shares represented in it.

City and Location of the General Assembly's Meeting

Riyadh City, through contemporary technology means

www.tadawulaty.com.sa Date of the General Assembly's Meeting 2025-05-29 Corresponding to 1446-12-02 Time of the General Assembly’s Meeting 19:30 Percentage of Attending Shareholders 19.77446% 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 virtually:

1. Mr. Saud Ghassan Alsulaiman (Deputy Chairman of the Board of Directors, and Chairman of the General Assembly on behalf of the Chairman of the Board of Directors)

2. Mrs. Sabah Khalil Almoayyed (Board Member)

3. Mr. Rayan Mustafa Qutub (Board Member)

4. Mr. Salim Maroun Fakhouri (Board Member)

5. Mr. Majid Ahmed Al-Suwaigh (Board Member)

6. Mr. Adnan Abdullah Al-Khalaf (Board Member and CEO)

While Mr. Abdullah Abdulaziz Al Othaim (Chairman of the Board of Directors) was absent from the meeting due to his personal circumstances, and the Board was informed of that. Names of the Chairmen of the Committees Present at the General Assembly's Meeting or Members of such Committees Attending on Their Behalf Mrs. Sabah Khalil Al-Moayyed - Audit Committee Chairwoman

Mr. Rayan Mustafa Qutub - Nomination and Remunerations Committee Chairman

Mr. Saud Ghassan Alsulaiman - Executive Committee Chairman Voting Results on the Items of the General Assembly's Meeting Agenda's 1. The Board Report for the fiscal year ended 31st December 2024 was reviewed and discussed.

2. The Financial Statements for the fiscal year ended 31st December 2024 were reviewed and discussed.

3. Approve the Auditors Report for the fiscal year ended 31st December 2024, after discussing it.

4. Approve the appointment of Ibrahim Ahmed Al-Bassam & Partners (PKF) Chartered Accountants as an independent auditor for the company’s accounts from among the candidates based on the recommendation of the Audit Committee, in order to examine, review and audit the preliminary financial statements for the second and third quarters and the annual financial statements for the year 2025 and the first quarter of 2026, with audit fees of (995,000) SAR.

5. Approve the recommendation of the Board of Directors to not distribute cash dividends to the shareholders for the financial year ended on 31 December 2024.

6. Approve to authorize the Board of Directors to distribute interim dividends to shareholders for the fiscal year 2025 on bi-annually or quarterly basis.

7. Not approving to delegate to the Board of Directors, the General Assembly’s powers stipulated in paragraph (1) of Article (27) of the Companies Law, for a period of one year from the General Assembly’s approval, or until the end of the Board of Directors’ term whichever is earlier, in accordance with the terms stated in the Implementing Regulation of the Companies Law for Listed Joint Stock Companies.

8. Not approving to release the Board of Directors members from liability for the fiscal year ended 31 December 2024.

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.