The General Assembly of “Qassim Cement” authorizes the Board of Directors to distribute interim dividends

Qassim Cement Company announced the results of the ordinary general assembly meeting held yesterday, Tuesday.

The company said in a statement on its website: "Saudi Arabia trading"The results of the vote on the Assembly’s agenda included:

1- Reviewing the Board of Directors’ report for the financial year ending on 12-31-2025 AD and discussing it.

2- Approving the company’s auditor’s report for the financial year ending on 12-31-2025 AD after discussing it.

3- Viewing the consolidated financial statements for the fiscal year ending on 12-31-2025 AD. And discuss it.

4- Approval to appoint (Dr. Muhammad Al-Amri & Partners Company) as an auditor for the company’s accounts from among the candidates based on the recommendation of the Audit Committee, in order to examine, review and audit the financial statements for the (second and third) and annual quarters of the fiscal year 2026 AD and the first quarter of the fiscal year 2027 AD, with a total fee of 900,000 riyals.

5- Approval to discharge the members of the Board of Directors, for the year ended. On 12-31-2025 AD.

6- Approval of disbursing an amount of (5,836,000) riyals, as a reward to members of the Board of Directors for the fiscal year ending on 12-31-2025 AD.

7- Approval of delegating the Board of Directors to distribute interim dividends on a quarterly basis for the fiscal year 2026 AD.

8- Approval of delegating the authority of the General Assembly to the Board of Directors. Regular licensing is provided for in Paragraph (1) of Article Twenty-Seven of the Companies Law, for a period of one year from the date of approval by the General Assembly, in accordance with the conditions contained in the Executive Regulations of the Companies Law for listed joint-stock companies.

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