Arabian Centres Co. (Cenomi Centers) announces the results of its Extraordinary General Meeting (First Meeting)

Element List	Explanation
Introduction	Arabian Centres Co. (Cenomi Centers) is pleased to announce the results of the Extraordinary General Meeting (First Meeting), held at 19:30 on Tuesday 24 January 2023.
City and Location of the General Assembly's Meeting	Company’s Headquarter, Riyadh City- via modern technology.
Date of the General Assembly's Meeting	2023-01-24 Corresponding to 1444-07-02
Time of the General Assembly's Meeting	19:30
Percentage of Attending Shareholders	76.34%
Names of the Board of Directors' Members Present at the General Assembly's Meeting and Names of the Absentees	The following BoD members attended:

1) Eng. Kamel Badih Al-Qalam (NRC member, non-Executive)

2) Mr. Mohamad Rafic Mourad (Managing Director, Executive)

3) Mr. Abdulmajeed bin Abdullah Albasri (NRC member, non-Executive)

4) Mr. Johan Henri Brand (NRC Chairman, Independent)

5) Mr. Turki Saud Al-Dayel (AC member, independent)

And the following BoD members did not attend:

1) Mr. Fawaz bin Abdulaziz Al-Hokair (BoD Chairman, non-Executive)

2) Eng. Salman bin Abdulaziz Al-Hokair (BoD Vice Chairman, non-Executive)

3) Dr. Abdulrahman bin Abdulaziz Al-Tuwaijri (Independent)

4) Mr. Khalid Abdullah Al-Suwailem (Independent) Names of the Chairmen of the Committees Present at the General Assembly's Meeting or Members of such Committees Attending on Their Behalf Mr. Johan Henri Brand (NRC Chairman, independent). Voting Results on the Items of the General Assembly's Meeting Agenda's 1) Approving the establishment by Arabian Centres Co. (the “Company”) of Shari’a compliant Sukuk Program up to SAR4,500,000,000 for a period of two years from the establishment date, which may be issued from time to time domestically in a single or multiple issuances, in accordance with its long term policy to move the Company to more flexible, unsecured public markets financing, and granting the Board of Directors of the Company general and unconditional authority to take all necessary actions or procedures, either directly or by way of delegation, to adopt any resolution, take any action and negotiate, approve and enter into any agreement, deed or another document as may be necessary to implement this program, and to decide the number and value of any Sukuk to be offered, and the timing of any issuance of Sukuk, based on market conditions and the Company’s financial condition, without reverting to the General Assembly of Shareholders.

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.