Dr. Hussein Akeil - Chairman of the Board - Non-Executive Board member

Mr. Faisal Charara – Non-Executive Board Member

Mr. Amin Alafifi - Non-Executive Board member

Mr. Nidal Radwan - Independent Board Member

Mr. Raed Sater - Independent Board Member

Mr. Haitham Albakree - Executive Board Member

Mr. Sami Mousa Alhalabi - Independent Board Member

Mr. Omar Hasim - Independent Board Member

Mrs. Abir Kaki - Independent Board Member

And no absentee

Mr. Sami Alhalabi - The remuneration & Compensation Committee Chairman

Mr. Amin Alafifi - The Risk Committee Chairman

Mr. Haitham Albakree - The Executive Committee Member

Mr. Haitham Albakree - The Investment Committee Member

2- Approved the External Auditors Report for the Financial Year ended 31 December 2024 upon discussion.

3- View the Annual Financial Statement as of 31 December 2024 and discuss it.

4- Approved the appointment of External Auditors from among the candidates based on the Audit Committee’s recommendation, The appointed auditors shall examine, review and audit the interim financial statement of Quarter2, Quarter3, Annual Financial Statement 2025, and Quarter1, 2026. And to approve the Auditors Fees with total amount SR. 3,325,000 only. As Follow:

Ms. Price waterhouse Coopers

Ms. KPMG

5- Approved the appointment of the new Board of Directors for the new Board tenure starting June 16th, 2025, for three years which ends on June 15th, 2028. The elected Board as follow:

Dr. Hussein Akeil – Non Executive Director

Mr. Faisal Charara – Non Executive Director

Mr. Amin Alafifi – Non Executive Director

Mr. Haitham Albakree – Executive Director

Mr. Nidal Radwan – Independent Director

Mr. Raed Sater – Independent Director

Mr. Omar Hashim – Independent Director

Mrs. Abir Kaki – Independent Director

Mr. Sami Alhalabi – Independent Director

6- Approved the business transaction between E A Juffali & Bros, and Wataniya Insurance Company where there is indirect interest in this contract for Mr. Amin Alafifi & Mr. Faisal Charara, the contract is The Head Office rent Contract and other charges. Transaction during 2024, amounted SR 3,853,512, with No preferential conditions.

7- Approved the business transaction between E A Juffali & Bros, and Wataniya Insurance Company where there is indirect interest in this contract for Mr. Amin Alafifi & Mr. Faisal Charara, the contract is The Renewal of Insurance contract Premiums. Transaction during 2024, amounted SR 760,048, with no preferential conditions.

8- Approved the business transaction between SNIC Insurance Co, and Wataniya Insurance Company where there is indirect interest in this contract for Mr. Amin Alafifi & Mr. Faisal Charara. The contract is renewal of Reinsurance Facultative treaty. Transaction during 2024, amounted SR 663,335, with No preferential conditions.

9- Approved the business transaction between Saudi Cement Company, and Wataniya Insurance Company where there is indirect interest in this contract for Mr. Amin Alafifi. The contract is Insurance Premiums. Transaction during 2024, amounted SR 3,489,191, with No preferential conditions.

10- Approved the business transaction between Naghi Group of Companies, and Wataniya Insurance Company where there is indirect interest in this contract for Mr. Tahir Aldabbagh (resigned on 1st October 2024). The contract is Insurance Premiums. Transaction during 2024, amounted SR 12,646,029, with no preferential conditions.

11- Approved the amendment of Wataniya’s Audit Committee Charter.

12- Approved Granting the authorization powers to the Elected Board of Directors as per paragraph (1) from Article (71) in Companies Law, for period of one year from the AGM approval or till the end of the Board term whichever comes first. As per the Implementing Regulation of the Companies Law for Listed Joint Stock Companies.

13- Approved the payment of the Board of Directors Fees for the Financial Year end 31 December 2024 amounted SR. 2,524,091 (Two Million, five hundred and twenty-four thousand, and ninety-one only).