L'azurde Company for Jewelry is pleased to announce the results of the shareholders Extraordinary General Assembly Meeting, which was held in Company's headquarter, 2nd industrial area in Riyadh City, on 8 January 2018 (corresponding to 21 Rabi II 1439H) at 6:30 p.m. after reaching the quorum (71.06%),The results of the voting on the agenda were as follows:

1-Approve the updated version of corporate governance manual to consistent with the new corporate governance regulation issued 22 April 2017 by CMA.

2- Approve the updated version of Audit Committee Charter.

3- Approve the updated version of the Nominations and Remuneration Committee Charter.

4- Approve the remuneration policy for the Board, its Committees and Executives.

5- Approve the policies, standards and related procedures to membership of the Board of Directors

6- Approve the appointment of Mr. Adel Abdullah Saleh Al-Maiman, as a non-executive board member. Mr. Adel Abdullah Saleh Al-Maiman will replace of Mr. Wassim Mohammed Assem Al Khatib, effectively from December 6, 2017 and up to April 25, 2018, when the current Board terms expire.

7- Approve the appointment of Mr. Adel Abdullah Saleh Al-Maiman, as a member of Audit Committee, Effectively from the date of the general assembly meeting on 8 January 2018 up to end of current board terms on 25 April 2018.

8- Approve to determine the remunerations of Audit Committee based on the remunerations policy for the Board and its Committees.

9- Approve the amendment of the article no Three of Company's bylaws that related to Company's activities.

10- Approve the amendment of the article no Seventeen of Company's bylaws that related to Board of Directors members.

11- Approve the amendment of the article no Nineteen of Company's bylaws that related to Board of Directors Authorities.

12- Approve the amendment of the article no Twenty of Company's bylaws that related to Board of Directors Remunerations.

13- Approve the amendment of the article no Twenty one of Company's bylaws that related to appointment and authorities the chairman, CEO and Secretary.

14- Approve the amendment of the article no Twenty two of Company's bylaws that related to procedures to call for Board meeting.

15- Approve the amendment of the article no Twenty seven of Company's bylaws that related to authorities of the constituent general assembly.

16- Approve the amendment of the article no Thirty of Company's bylaws that related to procedures to call for general assembly meeting.

17- Approve the amendment of the article no Thirty two of Company's bylaws that related to quorum of ordinary general assembly.

18- Approve the amendment of the article no Thirty three of Company's bylaws that related to quorum of extraordinary general assembly.

19 - Approve the amendment of the article no Thirty eight of Company's bylaws that related to Form of Audit Committee.

20- Approve the amendment of the article no forty six of Company's bylaws that related to dividends.