The meeting was chaired by the Chairman of the Board of Directors, Mr. Abdullatif Al-Fozan

1- Mr. Abdullatif Al-Fozan- Chairman

2- Mr. Turki Al-Sudairy- Vice Chairman

3- Mr. Fahad Al-Jomaih

4- Eng. Hussam Al-Suwailem

5- Ms. Kubra Shehabi

6- Eng. Abdulaziz Al-Shiekh

7- Mr. Abdulrahman Al-Jalal

8- Mr. Waleed Al-Monie

9- Mr. Abdulaziz Al-Bassam

10- Mr. Christoph Hirs

Absent members:

1- Mr. Mohammed Al-Sudairy

2. Ms Kubra Shehabi Chairman of the Risk Management Committee.

3. Mr. Abdulaziz Al-Bassam – Chairman of the Investment Committee.

4. Mr. Turki Al-Sudairy - Chairman of the Nominations and Remuneration Committee

2. Approval on the recommendation of the Board of Directors to increase the Company's capital through the issuance of 53,980,000 shares as follows:

• Distributing 51,480,000 shares as bonus shares to shareholders by granting 4 shares for each 9 shares, which represents an increase of 44.44% of the company’s capital.

• Allocate 2,500,000 additional shares, which represents 2.16% of the Company’s capital, to be allocated to the Company’s employees as per the long-term incentive plan (the “LTIP”) As summarized in the attached ( in the event the first item is approved).

• Capital before increase : SAR 1,158,300,000

• Capital after increase : SAR 1,698,100,000

• Total Amount Increased: SAR 539,800,000

• Capital Increase Percentage: 46.6%

• Number of shares before increase : 115,830,000 shares

• Number of shares after increase : 169,810,000 shares

• Reasons for the increase: To support the growth of the company and strengthen its financial position.

• The nature and value of the reserves that will be used in the capitalization issue: through the capitalization of SAR 539,800,000 of retained earnings.

• Amendment of Article Eight of the Company's Articles of Association related to the Company's capital.

- Eligibility Date: The eligibility date of the bonus shares for the company's shareholders registered with the Securities Depository Center Company (Edaa) will be at the end of the second trading day following the day of the company's Extraordinary General Assembly

- Details of how to deal with fractional shares: In case of fractional shares, the fractional shares will be collected in one portfolio for all shareholders and sold at the market price, and then their value will be distributed to the shareholders on the date of entitlement, each according to his share, within a period not exceeding thirty days from the date of determining the shares due to each shareholder.