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Fawaz Abdulaziz Alhokair Co. Announces the Results of the Ordinary General Assembly Meeting, ( First Meeting )

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Introduction Fawaz Abdulaziz Alhokair Co. ("Alhokair" or the “Company”) announces the results of the Ordinary General Assembly meeting (First Meeting), which was held at 8:00 pm on Wednesday 02/03/1444H corresponding to 28/09/2022G through modern technology. The legal quorum of shareholders representing at least 50% of the share capital was achieved..
City and Location of the General Assembly's Meeting Company Headquarters in Riyadh – by means of modern technology through the use of Tadawulaty platform.
Date of the General Assembly's Meeting 2022-09-28 Corresponding to 1444-03-02
Time of the General Assembly's Meeting 20:00
Percentage of Attending Shareholders 72.44%
Names of the Board of Directors' Members Present at the General Assembly's Meeting and Names of the Absentees The Board Members mentioned below attended the meeting:

• Mr. Ahmed Saleh Alsultan

• Mr. Omar Abdulaziz Almohammadi

• Mr. Abdulmajeed Abdulaziz Alhokair

• Mr. Abdulmajeed Abdullah Albasri

• Mr. Eid Faleh Alshamri

• Mr. Basem Abdullah Alsallom

• Mr. Muhamad Rafic Mourad

Meanwhile, the Board Members mentioned below apologized from attending the meeting:

• Mr. Fawaz Abdulaziz Alhokair

• Mr. Khalid Waleed Alshakhsheer

Names of the Chairmen of the Committees Present at the General Assembly's Meeting or Members of such Committees Attending on Their Behalf • Mr. Eid Faleh Alshamri (Chairman of Audit Committee)

• Mr. Muhamad Rafic Mourad (Chairman of Executive Committee)

meanwhile, apologized from attending the meeting Mr. Khalid Waleed Alshakhsheer (Chairman of Nomination and Remuneration Committee)

Voting Results on the Items of the General Assembly's Meeting Agenda's 1. Approval of the Board of Directors Report for the fiscal year ended on 31/03/2022

2. Approval of the Annual audited financial statements for the fiscal year ended on 31/03/2022

3. Approval of the External Auditor Report for the fiscal year ended on 31/03/2022

4. Approval of releasing members of the Board of Directors from liabilities for their performance during the fiscal year ending on 31/03/2022

5. Approval of paying an amount of 1,800,000 Saudi Riyals as remuneration to the members of the Board of Directors for the fiscal year ended on 31/03/2022

6. Approval of business dealings and contracts that took place between the Company and Arabian Centres Company in which the following Board members have an indirect interest in: Fawaz Bin Abdulaziz Al-Hokair, Abdul Majeed Bin Abdulaziz Al-Hokair, Omar Bin Abdulaziz Almohammadi and Mohamad Rafic Mourad. These dealings and contracts relate to real estate rental payments, in the amount of 424,146,097 Saudi Riyals for the fiscal year ending on March 31, 2022. It should also be noted that these transactions are carried out on a commercial basis (there are no preferential terms).

7. Approval of business dealings and contracts that took place between the Company and Saudi FAS Holding Company in which the following Borad members have an indirect interest in: Fawaz Bin Abdulaziz Al-Hokair, Abdul Majeed Bin Abdulaziz Al-Hokair, Omar Bin Abdulaziz Almohammadi, Abdul Majeed Bin Abdullah Al-Basri and Mohamad Rafic Mourad. These dealings and contracts relate to Transfer of balance due from disposal subsidiary, bearing in mind that the amount of transactions for the fiscal year ending on March 31, 2022 amounted to 75,000,000 Saudi Riyals, and it should also be noted that these transactions are carried out on a commercial basis. (There are no preferential terms).

8. Approval of business dealings and contracts that took place between the Company and Saudi FAS Holding Company in which the following Board members have an indirect interest in: Fawaz Bin Abdulaziz Al-Hokair, Abdul Majeed Bin Abdulaziz Al-Hokair, Omar Bin Abdulaziz Almohammadi, Abdul Majeed Bin Abdullah Al-Basri and Mohamad Rafic Mourad. These dealings and contracts relate to Expenses paid on behalf of Company, bearing in mind that the amount of transactions for the fiscal year ending on March 31, 2022 amounted to 8,825,525 Saudi Riyals, and it should also be noted that these transactions are carried out on a commercial basis. (There are no preferential terms).

9. Approval of business dealings and contracts that took place between the Company and the Egyptian Centers for Real Estate Development Company in which the following Board members have an indirect interest in: Fawaz Bin Abdulaziz Al-Hokair, Abdul Majeed Bin Abdulaziz Al-Hokair. These dealings and contracts relate to real estate rental payments, in the amount of 5,984,195 Saudi Riyals for the fiscal year ending on March 31, 2022. It should also be noted that these transactions are carried out on a commercial basis (there are no preferential terms).

10. Approval of business dealings and contracts that took place between the Company and Hagen Ltd in which the following Board members have an indirect interest in: Fawaz Bin Abdulaziz Al-Hokair, Abdul Majeed Bin Abdulaziz Al-Hokair. These dealings and contracts relate to printing and advertising services, in the amount of 4,577,100 Saudi Riyals for the fiscal year ending on March 31, 2022. It should also be noted that these transactions are carried out on a commercial basis (there are no preferential terms).

11. Approval of business dealings and contracts that took place between the Company and Al Farida Commercial Agencies Company in which the following Board member have an indirect interest in: Abdul Majeed Bin Abdulaziz Al-Hokair. These dealings and contracts relate to business and services, in the amount of 3,793,249 Saudi Riyals for the fiscal year ending on March 31, 2022. It should also be noted that these transactions are carried out on a commercial basis (there are no preferential terms).

12. Approval of the participation of Board Member Abdul Majeed Bin Abdulaziz Al-Hokair in a competing activity.

13. Approval of delegating to the Board of Directors the authorization powers of the General Assembly stipulated in paragraph (1) of Article 71 of the Companies Law, for a period of one year from the date of approval by the General Assembly or until the end of the delegated Board of Director’s session, whichever is earlier, in accordance with the conditions contained in the controls and procedures. The regulations issued in implementation of the Companies Law for listed Joint Stock Companies.

Additional Information For any inquiries, please contact Investor Relations at:

Phone: +966114350000

Email: Investors.relations@fahretail.com

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.

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