Qassim Cement Company held the Forty-Nine ordinary general assembly meeting at 18:30 on Tuesday 21-03-2023 corresponding 29-08-1444 (H).

City and Location of the General Assembly's Meeting:
By using modern technology means from the company's headquarter in Buraydah.

Date of the General Assembly's Meeting:
2023-03-21 Corresponding to 1444-08-29.

Time of the General Assembly's Meeting:
18:30.

Percentage of Attending Shareholders:
45.27 %.

Names of the Board of Directors' Members Present at the General Assembly's Meeting and Names of the Absentees:

The Forty-Nine ordinary General Assembly was held in the presence of all the board members as follows:
Dr. Mohamed bin Nasir Al-Dawood (Chairman of the Board of Directors).

Eng. Muteb Bin Mohammed Al-Shathri (Vice Chairman)

Eng. Omar bin Abdullah Al-Omar (CEO).

Mr. Saad bin Ibrahim Al-Mushawah.

Mr. Abdulrahman bin Mohammed Al-Rawaf.

Mr. Tariq bin Khalid Al-Marshoud.

Eng. Ahmed bin Saleh Al-Sultan.

Mr. Osama bin Nasser Al-Saif.

Dr. Ghazi bin Abdulrahim Al-Rawi.

Names of the Chairmen of the Committees Present at the General Assembly's Meeting or Members of such Committees Attending on Their Behalf:
With the presence of:
Dr. Muhammad bin Nasser Al Dawood (Chairman & Executive Committee Chair).

Mr. Saad bin Ibrahim Al-Mashouh (Audit Committee Chair).

Mr. Abdulrahman bin Mohamed Al Rawwaf (Nomination and Remuneration Committee Chair).

Voting Results on the Items of the General Assembly's Meeting Agenda's:
1) The Board of Directors' report for the fiscal year ended on 31-12-2022 was reviewed and discussed.

2) Approval and discussion on the company's auditor's report for the year ended 31-12-2022.

3) The financial statements for the fiscal year ended on 31-12-2022 were reviewed and discussed.

4) Approval on appointing KPMG Professional Services as the company’s auditor from among the candidates based on the recommendation of the Audit Committee, to perform review and audit the financial statements for the second & third quarters, and the annual of the fiscal year 2023 and the first quarter of the fiscal year 2024, and determining their fees.

5) Approval on absolve the members of the Board of Directors from liability for the fiscal year ended on 31-12-2022.

6) Approval on disbursing an amount of (SAR 2,900,000), as remuneration to the members of the Board of Directors for the fiscal year ended on 31-12-2022.

7) Approval on delegating the Board of Directors to declare interim dividends on a quarterly basis for the year 2023.