| Element List | Explanation |
|---|---|
| Introduction | Al Omran Industrial and Trading Company is pleased to announce to its esteemed shareholders the results of the Ordinary General Assembly Meeting (first meeting) via modern technology, held on 3./12/1447AH corresponding to 20/05/2026AD. |
| City and Location of the General Assembly's Meeting | The company's headquarters is located in Riyadh, using modern technology. |
| Date of the General Assembly's Meeting | 2026-05-20 Corresponding to 1447-12-03 |
| Time of the General Assembly’s Meeting | 18:45 |
| Percentage of Attending Shareholders | 39.44 |
| 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: |
1. Mr. Mohammed OMRAN Al-Omran (Chairman of the Board).
2. Mr. Nasser Mohammed Nasser bin Omran (Board Member – Vice Chairman of the Board).
3. Mr. Abdulrahman Mohammed Nasser bin Omran (Board Member – Managing Director).
4. Mr. Ahmed Abdullah Al-Fuhaid (Board Member – Chairman of the Audit Committee).
5. Eng. Saud Abdulaziz Al-Flij (Board Member – Chairman of the Nomination and Remuneration Committee).
2. Eng. Saud Abdulaziz Al-Flij – Chairman of the Nomination and Remuneration Committee
The Board of Directors' report for the financial year ended December 31, 2025, was reviewed and discussed.
Item 2:
The company's consolidated financial statements for the financial year ended December 31, 2025, were reviewed and discussed.
Item 3:
Approval of the auditor's report for the financial year ended December 31, 2025, after discussion.
Item 4:
Approval of appointing the company’s auditor (Sultan Ahmed Al-Shubaily Certified Public Accountants & Auditors) from among the candidates based on the Audit Committee's recommendation. This is to examine, review, and audit the financial statements for the (second and third) quarters and the annual financial statements of the fiscal year 2026, as well as the first quarter of the fiscal year 2027, and determining their fees at an amount of SAR 403,000, excluding Value Added Tax (VAT).
Item 5:
Approval of paying an amount of SAR 300,000 as remuneration to the Board of Directors members for the financial year ended December 31, 2025.
Item 6:
Approval of the businesses and contracts concluded between the company and Abaad Real Estate Investment Company, in which the Board members—Mr. Mohammed Omran Al-Omran, Mr. Nasser Mohammed bin Omran, and Mr. Abdulrahman Mohammed bin Omran—have an indirect interest. These transactions consist of (leases for company employee housing and warehouses), where the total transactions in 2025 amounted to SAR 1,188,000, concluded without any preferential conditions (attached).
Item 7:
Approval of discharging the members of the Board of Directors from liability for the financial year ended December 31, 2025.
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