The Board of Directors of Scientific & Medical Equipment House Co. is pleased to announce to its esteemed shareholders the results of the Seventh Ordinary General Assembly Meeting (First Meeting), which was held at exactly 7:00 PM on Tuesday, 17 Rabi’ Al-Awwal 1447H, corresponding to 09 September 2025, via modern technology (remotely) through the Tadawulaty platform, after the legal quorum required for the validity of the Ordinary General Assembly Meeting was completed.
City and Location of the General Assembly's Meeting
Riyadh - Head office - Through modern technology means using Tadawulaty Platform.
Date of the General Assembly's Meeting
2025-09-09 Corresponding to 1447-03-17
Time of the General Assembly’s Meeting
19:00
Percentage of Attending Shareholders
57.87
Names of the Board of Directors' Members Present at the General Assembly's Meeting and Names of the Absentees
The following Board Members attended the meeting:
1) Mr. Basel bin Saud bin Mohammed Al Arifi (Chairman – Chairman of the General Assembly)
2) Mr. Bandar bin Saud bin Mohammed Al Arifi (Vice Chairman)
3) Mr. Barakat bin Saud bin Mohammed Al Arifi (Managing Director)
4) Mr. Mohammed bin Ibrahim bin Abdul Mohsen Al-Huqayl. (Board of Member)
5) Mr. Hassan bin Ali bin Abdul Mohsen Al-Jishi. (Board of Member)
6) Mr. Munir bin Ahmed bin Mohammed Al-Sari. (Board of Member)
Names of the Chairmen of the Committees Present at the General Assembly's Meeting or Members of such Committees
Attending on Their Behalf The following Committees Chairmen attended the meeting:
1) Mr. Loay Ali Al-Saratawy (Audit Committee Chairman)
2) Mr. Mohammed bin Ibrahim Al-Hoqayl (Remuneration and Nominations Committee Chairman)
3) Mr. Hassan bin Ali Al-Jishi (Risk Committee Chairman)
Voting Results on the Items of the General Assembly's Meeting Agenda's
Approval of the Board of Directors’ recommendation to distribute cash dividends in the amount of SAR 30 million to shareholders for the fiscal year ending on 31-12-2024, at the rate of SAR 1 per share, representing 10% of the nominal value of the share. Eligibility for dividends shall be for shareholders holding shares at the end of trading on the day of the General Assembly Meeting and who are registered in the Company’s shareholders register at the Securities Depository Centre Company (Edaa) by the end of the second trading day following the entitlement date. The distribution of dividends will commence on Thursday, 18-09-2025.
