1. Rakan Hethal Ali Al-Faizy, Chairman of the Board

2. Ibrahim Abdullah Ibrahim Al-Omaiqan, Vice Chairman of the Board

3. Faisal Abdullah Ibrahim Al-Omaiqan, Board Member

4. Abdulmalik bin Abdullah Al-Othaim, Board Member

The following member was absent from the meeting:

1. Fahad Hamad Abdulaziz Al-Dhailij, Board Member

2. Faisal Abdullah Ibrahim Al-Omaiqan, Chairman of the Executive Committee

2. The Board of Directors’ report for the fiscal year ending on December 31, 2024, was reviewed and discussed.

3. Approval of the auditor’s report for the fiscal year ending on December 31, 2024, after discussion.

4. Approval of appointing Alzoman, Alfahad & Alhajjaj professional services Chartered Accountants as the company's external auditor from among the nominated firms based on the recommendation of the Audit Committee, to examine, review, and audit the financial statements for Q2, Q3, and the annual financials of 2025, and Q1 of 2026, with a total fee of SAR 390,000.

5. Approval of allowing Board Member Mr. Faisal bin Abdullah Al-Omaiqan to engage in activities competing with the company’s business.

6. Approval of authorizing the Board of Directors with the powers of the Ordinary General Assembly as stated in paragraph (1) of Article 27 of the Companies Law for a period of one year from the date of this General Assembly’s approval or until the end of the term of the authorized Board, whichever comes first, in accordance with the relevant executive regulations for listed joint-stock companies.

7. Approval of discharging the members of the Board of Directors from liability for the fiscal year ending December 31, 2024.

8. Approval of the Board of Directors’ recommendation to distribute cash dividends amounting to SAR 11,908,359 (eleven million, nine hundred eight thousand, three hundred fifty-nine Saudi riyals) to shareholders for the fiscal period ending December 31, 2024, at SAR 0.25 per share, representing 25% of the nominal value of the share. Eligibility shall be for shareholders holding shares at the end of the trading day on the date of the General Assembly and registered in the company’s shareholders register at the Securities Depository Center (Edaa) by the end of the second trading day following the eligibility date. Dividend distribution will commence on 15-06-2025.

9. Approval of disbursing board member remuneration in the amount of SAR 990,000 for the fiscal year ending December 31, 2024.

10. Approval of disbursing Audit Committee member remuneration in the amount of SAR 164,481 for the fiscal year ending December 31, 2024.

11. Approval of business and contracts to be concluded between the company and Abdullah Ibrahim Al-Omaiqan Real Estate Co., in which Board Members Mr. Faisal Abdullah Ibrahim Al-Omaiqan and Mr. Ibrahim Abdullah Ibrahim Al-Omaiqan have an indirect interest. These involve a lease contract for administrative offices and showrooms located in Al-Nuzha district, Riyadh. The contract duration is two calendar years, with an annual rental value of SAR 1,263,708 (exclusive of VAT). The total value of transactions in 2024 was SAR 1,263,708. These contracts were executed in the ordinary course of business and under prevailing commercial terms without preferential conditions.

12. Approval of business and contracts to be concluded between the company and Mosakhan Waraq Enab Food Services Establishment, in which Board Members Mr. Faisal Abdullah Ibrahim Al-Omaiqan and Mr. Ibrahim Abdullah Ibrahim Al-Omaiqan have an indirect interest. The contract is for the sale of food products with a one-year term. The total value of transactions in 2024 amounted to SAR 597,099 (exclusive of VAT). These contracts were executed in the ordinary course of business and under prevailing commercial terms without preferential conditions.

13. Approval of business and contracts executed between the company and Al-Omaiqan Holidays and Travel, in which Board Members Mr. Faisal Abdullah Ibrahim Al-Omaiqan and Mr. Ibrahim Abdullah Ibrahim Al-Omaiqan have an indirect interest. This involves an agreement to provide ticket booking services. The total value of transactions in 2024 amounted to SAR 367,291 (exclusive of VAT). These transactions were conducted in the ordinary course of business and under prevailing commercial terms without preferential conditions.

14. Approval of the amendment to the Audit Committee Charter.

15. Approval of the amendment to the Nomination and Remuneration Committee Charter.

16. Approval of the amendment to the Policy, Standards, and Procedures of Membership in the Board of Directors and its Committees.

17. Approval of the Competitive Activities Standards.

18. Approval of the Policy on Remuneration for Board Members, Committees, and Executive Management.

19. Approval of the Board of Directors’ recommendation to increase the company’s capital through the issuance of bonus shares as follows:

• The capital increase will be through the capitalization of SAR 48 million from retained earnings, by granting one share for every one share held.

• Total increase amount: SAR 48,000,000

• Capital before increase: SAR 48,000,000

• Capital after increase: SAR 96,000,000

• Increase percentage: 100%

• Number of shares before the increase: 48,000,000 shares

• Number of shares after the increase: 96,000,000 shares

The capital increase aims to strengthen the company’s financial position, support its expansion plans, and enhance shareholder returns by growing its business and seizing opportunities in the food sector.

• Number of bonus shares: 1 share for every 1 share held

• The increase will be through the capitalization of SAR 48,000,000 from retained earnings.

Eligibility date: Shareholders who own shares by the end of the trading day on the date of the Extraordinary General Assembly and are registered with the Securities Depository Center (Edaa) at the end of the second trading day following the eligibility date.

Fractional shares: In the event of fractional shares, they will be grouped in one portfolio and sold at market price. The proceeds will be distributed to eligible shareholders based on their respective entitlements within 30 days from the date of determining the entitled shares for each shareholder.

• Approval of the amendment to Article (7) of the company’s Articles of Association related to capital.