| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of Alamar Foods Company is pleased to announce the results of the Ordinary General Assembly Meeting, which was held at 19:15 p.m. on Sunday 04/01/1447 AH corresponding to 29/06/2025G, by means of modern technology. |
| City and Location of the General Assembly's Meeting | Riyadh - Head Office - By Means of Modern Technology |
| Date of the General Assembly's Meeting | 2025-06-29 Corresponding to 1447-01-04 |
| Time of the General Assembly’s Meeting | 19:15 |
| Percentage of Attending Shareholders | 64.96984 |
| Names of the Board of Directors' Members Present at the General Assembly's Meeting and Names of the Absentees | The following Alamar Foods Company board members attended the meeting: 1- Mr. Ibrahim Abdulaziz AlJammaz (Chairman) 2- Mr. Asim Saud AlJammaz (Vice Chairman) 3- Mr. Faisal AlSaggaf 4- Mrs. May AlHoshan 5- Mr. Zaki Alshowaier The following Alamar Foods Company members apologized for not being able to attend the meeting 1- Mr. Nawfal Trabelsi 2- Mrs. Deem AlBassam |
| Names of the Chairmen of the Committees Present at the General Assembly's Meeting or Members of such Committees Attending on Their Behalf | Mr. Faisal AlSaggaf (Chairman of the Audit Committee) Mrs. May AlHoshan ( Chairman of the Nomination and Remuneration Committee) |
| Voting Results on the Items of the General Assembly's Meeting Agenda's | 1. Viewed and discussed the Board of Directors Report for the fiscal year ending on 31/12/2024G. 2. Approval on the External Auditors’ Report for the fiscal year ending on 31/12/2024G after discussing the report. 3. Viewed and discussed the Company’s annual financial statements for the financial year ended on 31/12/2024G. 4. Approval on the appointment of BDO as the external auditor, in order to examine, review and audit the financial statements in the second and third quarters and annually of the fiscal year 2025, and the first quarter of the fiscal year 2026 and determined their fees. 5. Approval on the Board of Directors’ recommendation to the General Assembly to distribute cash dividends to shareholders for the first quarter of 2025, amounting to SAR 11,385,675, representing 4.5% of the share capital. The entitlement to the cash dividends shall be for shareholders who own shares and are registered in the Company’s shareholders register at the end of the second trading day following the date of the General Assembly meeting, noting that the distribution date shall be 15/07/2025G. 6. Approval on the Board of Directors’ remuneration of 1,600,000 for the year ended on 31/12/2024G. 7. Approval on releasing liability of the board members for the year ended on 31/12/2024G. 8. Approval on the approval of delegation to the Board to distribute interim dividends quarterly/bi-annually for the year 2025. 9. Approval on the business and contracts between the Company and Abdulaziz Ibrahim AlJammaz & Brothers Company whereas Mr. Ibrahim Abdulaziz AlJammaz and Mr. Asim Saud AlJammaz have an indirect interest. The business is related to expenses paid on behalf noting that the value of transactions in 2024G is amounted to 1,191,947 Saudi Riyals. Dealings are based on a commercial basis without preferential terms. 10. Approval on the business and contracts between the Company and Abdulaziz Ibrahim AlJammaz & Brothers Company whereas Mr. Ibrahim Abdulaziz AlJammaz and Mr. Asim Saud AlJammaz have an indirect interest. The business is related to dividend disputation noting that the value of transactions in 2024G is amounted to 27,676,555 Saudi Riyals. Dealings are based on a commercial basis without preferential terms. 11. Approval on the business and contracts between the Company and Kasual Plus Limited Liability Company whereas Mr. Ibrahim Abdulaziz AlJammaz has an indirect interest. The business is related to revenues, noting that the value of transactions in 2024G is amounted to 7,590 Saudi Riyals. Dealings are based on a commercial basis without preferential terms. 12. Approval on the business and contracts between the Company and Kasual Plus Limited Liability Company whereas Mr. Ibrahim Abdulaziz AlJammaz has an indirect interest. The business is related to payments and collections in net, noting that the value of transactions in 2024G is worth 867,554 Saudi Riyals. Dealings are based on a commercial basis without preferential terms. 13. Approval on the business and contracts between the Company and Kasual Plus Limited Liability Company whereas Mr. Ibrahim Abdulaziz AlJammaz has an indirect interest. The business is related to expenses paid on behlaf, noting that the value of transactions in 2024G is amounted to 921,049 Saudi Riyals. Dealings are based on a commercial basis without preferential terms. 14. Approval on the business and contracts between the Company and Alamar Foods W.L.L – Oman whereas Mr. Ibrahim Abdulaziz AlJammaz has an indirect interest. The business is related to revenues, noting that the value of transactions in 2024G is amounted to 1,805,410 Saudi Riyals. Dealings are based on a commercial basis without preferential terms. 15. Approval on the business and contracts between the Company and Alamar Foods W.L.L – Oman whereas Mr. Ibrahim Abdulaziz AlJammaz has an indirect interest. The business is related to purchases and expense, noting that the value of transactions in 2024G is amounted to 188,888 Saudi Riyals. Dealings are based on a commercial basis without preferential terms. 16. Approval on the business and contracts between the Company and Alamar Foods W.L.L – Oman whereas Mr. Ibrahim Abdulaziz AlJammaz has an indirect interest. The business is related to advances provided, noting that the value of transactions in 2024G is amounted to 2,624,993 Saudi Riyals. Dealings are based on a commercial basis without preferential terms. 17. Approval on the business and contracts between the Company and Alamar Foods W.L.L – Oman whereas Mr. Ibrahim Abdulaziz AlJammaz has an indirect interest. The business is related to capital contribution, noting that the value of transactions in 2024G is amounted to 1,809,388 Saudi Riyals. Dealings are based on a commercial basis without preferential terms. 18. Approval on the business and contracts between the Company and Alamar Foods W.L.L – Oman whereas Mr. Ibrahim Abdulaziz AlJammaz has an indirect interest. The business is related to other revenue noting that the value of transactions in 2024G is amounted to 187,266 Saudi Riyals. Dealings are based on a commercial basis without preferential terms. 19. Approval on the business and contracts between the Company and Alamar Foods W.L.L – Oman whereas Mr. Ibrahim Abdulaziz AlJammaz has an indirect interest. The business is related to royalty opening fees and technology fees , noting that the value of transactions in 2024G is amounted to 1,527,725 Saudi Riyals. Dealings are based on a commercial basis without preferential terms. 20. Approval on the business and contracts between the Company and Olaya Real Estate Investment whereas Mr. Ibrahim Abdulaziz AlJammaz has an indirect interest. The business is related to purchases and expenses, noting that the value of transactions in 2024 G is amounted to 283,648 Saudi Riyals. Dealings are based on a commercial basis without preferential terms. 21. Approval on the business and contracts between the Company and Olaya Real Estate Investment whereas Mr. Ibrahim Abdulaziz AlJammaz has an indirect interest. The business is related to payments and collections in net, noting that the value of transactions in 2024G is amounted to 262,057 Saudi Riyals. Dealings are based on a commercial basis without preferential terms. 22. Approval on the business and contracts between the Company and Olaya Real Estate Investment whereas Mr. Ibrahim Abdulaziz AlJammaz has an indirect interest. The business is related to expenses paid on behalf, noting that the value of transactions in 2024G is amounted to 6,868 Saudi Riyals. Dealings are based on a commercial basis without preferential terms. 23. Approval on the business and contracts between the Company and the heirs of Abdulaziz Ibrahim AlJammaz whereas Mr. Ibrahim Abdulaziz AlJammaz has a direct interest. The business is related to purchases and expenses, noting that the value of transactions in 2024G is amounted to 1,955,000 Saudi Riyals. Dealings are based on a commercial basis without preferential terms. 24. Approval on the business and contracts between the Company and the heirs of Abdulaziz Ibrahim AlJammaz whereas Mr. Ibrahim Abdulaziz AlJammaz has a direct interest. The business is related to payments and collections in net, noting that the value of transactions in 2024G is amounted to 1,249,629 Saudi Riyals. Dealings are based on a commercial basis without preferential terms. 25. Approval on the business and contracts between the Company and the heirs of Abdulaziz Ibrahim AlJammaz whereas Mr. Ibrahim Abdulaziz AlJammaz has a direct interest. The business is related to expenses paid on behalf, noting that the value of transactions in 2024G is amounted to 1,045,495 Saudi Riyals. Dealings are based on a commercial basis without preferential terms. 26. Approval on the business and contracts between the Company and Abdulaziz & Abdullah AlJammaz for Travel & Tourism Company whereas Mr. Ibrahim Abdulaziz AlJammaz and Mr. Asim Saud AlJammaz have an indirect interest. The business is related to purchases and expenses, noting that the value of transactions in 2024G is amounted to 1,189,331Saudi Riyals. Dealings are based on a commercial basis without preferential terms. 27. Approval on the business and contracts between the Company and Abdulaziz & Abdullah AlJammaz for Travel & Tourism Company whereas Mr. Ibrahim Abdulaziz AlJammaz and Mr. Asim Saud AlJammaz have an indirect interest. The business is related to payments and collections in net, noting that the value of transactions in 2024G is amounted to 1,547,440 Saudi Riyals. Dealings are based on a commercial basis without preferential terms. 28. Approval on the business and contracts between the Company and Abdulaziz & Abdullah AlJammaz for Travel & Tourism Company whereas Mr. Ibrahim Abdulaziz AlJammaz and Mr. Asim Saud AlJammaz have an indirect interest. The business is related to expenses paid on behalf, noting that the value of transactions in 2024G is amounted to 141,546 Saudi Riyals. Dealings are based on a commercial basis without preferential terms. 29. Approval on the business and contracts between the Company and AlJammaz Agriculture whereas Mr. Ibrahim Abdulaziz AlJammaz and Mr. Asim Saud AlJammaz have an indirect interest. The business is related to purchases and expenses, noting that the value of transactions in 2024G is amounted to 18,000 Saudi Riyals. Dealings are based on a commercial basis without preferential terms. 30. Approval on the business and contracts between the Company and AlJammaz Agriculture whereas Mr. Ibrahim Abdulaziz AlJammaz and Mr. Asim Saud AlJammaz have an indirect interest. The business is related to payments and collections in net, noting that the value of transactions in 2024 G is amounted to 13,500 Saudi Riyals. Dealings are based on a commercial basis without preferential terms. 31. Approval on the business and contracts between the Company and AlJammaz Agriculture whereas Mr. Ibrahim Abdulaziz AlJammaz and Mr. Asim Saud AlJammaz have an indirect interest. The business is related to expenses paid on behalf, noting that the value of transactions in 2024 G is amounted to 3,379 Saudi Riyals. Dealings are based on a commercial basis without preferential terms. |
