- Mr. Omar Abdel Rahman Al Jeraisy (Chairman of the Board of Directors)

- Eng. Ali Muhammad Saadi Shneimer (Vice Chairman of the Board of Directors)

- Mr. Samer Saeed Jundi (Member of the Board of Directors)

- Mr. Abdullah Anwar Muhammad Youssef (Member of the Board of Directors / Managing Director)

Absentees:

- Dr. Abdullah Nadeem Muhammad Elias (Member of the Board of Directors)

Mr. Ahmed Abdel Rahman Mohammed Jaber (Chairman of the Audit Committee)

Absentees:

Dr. Abdullah Nadeem Muhammad Ilyas (Chairman of the Nominations and Remuneration Committee).

2) Reviewed and discussed the report of the Board of Directors for the fiscal year ended on December 31, 2023

3) Reviewed and discussed the financial statements for the fiscal year ended on December 31, 2023

4) Approved of discharging the members of the Board of Directors from their liabilities for the fiscal year ending on December 31, 2023.

5) Approved the appointment of KPMG Professional Consulting Company as the company’s auditor from among the candidates based on the recommendation of the Audit Committee to examine, review and audit the semi-annual and annual financial statements for the fiscal year 2024 AD, with a fee of 525,000 Saudi riyals.

6) Approved of authorizing the Board of Directors to distribute cash dividends (semi-annually and quarterly) to shareholders for the fiscal year 2024.

7) Approved of the business and contracts concluded between TAM Development Company and Bupa Arabia, for which the Vice Chairman of the Board of Directors, Eng. Ali Muhammad Saadi Schneimer has an indirect interest in it, as he works as the CEO of Business Development at Bupa Arabia, as well as a member of the Board of Directors, Dr. Abdullah Nadeem Muhammad Elias has an indirect interest in it, as he serves as a member of the board of directors of Bupa Company, with which TAM has concluded a health insurance contract for the benefit of the company’s employees. The value of dealing with the company amounted to: 1,857,505 Saudi riyals during the year 2023.

8) Approved of the business and contracts concluded between TAM Development Company and Karim Information Technology Transportation Company, for which Board of Directors member Dr. Abdullah Nadeem Muhammad Elias has an indirect interest in it, which is that he is a founding partner of the Careem Information Technology transportation company, which provides TAM with a transportation service for the company’s employees. The value of dealing with the company amounted to: 305,171 Saudi riyals during the year 2023.

9) Approved of the Board of Directors’ recommendation to distribute cash dividends in the amount of (4,051,620 Saudi riyals) to shareholders for the financial year ending on (December 31, 2023) at a rate of (1.23 riyals) per share, at a rate of (12.3%) of the nominal value of the share. Eligibility will be for shareholders who own shares at the end of trading on the day of the General Assembly and who are registered in the company’s shareholder registry with the Securities Depository Center Company (Edaa) at the end of the second trading day following the entitlement date. The dividend distribution date will be announced later.

10) Approved of the Board of Directors’ recommendation to transfer the balance of the statutory general reserve amounting to (6,320,238 riyals, six million three hundred and twenty thousand two hundred and thirty-eight Saudi riyals), and transfer the other reserve amounting to (3,078,000 riyals, three million and seventy-eight thousand Saudi riyals) as in the lists Financial statements for the year ending 12/31/2023 AD in full to the balance of retained earnings.

11) Approved of disbursing an amount of (540,000) riyals as a reward to members of the Board of Directors for the financial year ending on December 31, 2023 AD.