Mr. Faisal Abdullah Al-Jedaie - Chairman of the Board of Directors

Mr. Abdulrahman Abdullah Al-Jedaie - Vice Chairman of the Board of Directors

Mr. Abdullah Mohammed Al-Jedaie - Board Member

Dr. Raed Abdullah Al-Haqil - Board Member

Eng. Ibrahim Abdulaziz Al-Muhanna - Board Member

The Chairman of the Nomination and Remuneration Committee, Mr. Saad Ibrahim Al-Mishwah, attended.

2. The auditor's report for the fiscal year ending December 31, 2024 was approved after discussion.

3. The financial statements for the fiscal year ending 12/31/2024 were reviewed and discussed.

4. Approval to discharge the members of the Board of Directors from liability for the fiscal year ending on 12/31/2024 AD.

5. Approval was given to appoint Ernst & Young Professional Services (EY) as the company's auditor, from among the nominees, based on the Audit Committee's recommendation, to examine, review, and audit the financial statements for the second, third, and annual quarters of fiscal year 2025 and the first quarter of fiscal year 2026. Their fees were determined at SAR 790,000 (seven hundred and ninety thousand Saudi Riyals), excluding value-added tax.

6. The Board of Directors is authorized to distribute interim dividends to shareholders on a semi-annual or quarterly basis for the fiscal year 2025.

7. Approval of the business and contracts concluded between the company and Mr. Faisal bin Abdullah Al-Judaie (Chairman of the Board of Directors), who has a direct interest in them, represented by the contract to lease a warehouse in Jeddah Governorate, with an annual rental value of 700,000 riyals, without additional conditions or benefits, noting that the property was vacated on April 20, 2024 AD.

8. Approval is given to the business and contracts concluded between the Company and the Tarfa Endowment Foundation, in which Mr. Faisal bin Abdullah Al-Judaie (Chairman of the Board of Directors) and Mr. Mohammed bin Abdullah Al-Judaie (former Board Member) have an indirect interest as Endowment Supervisors, and Mr. Abdullah bin Mohammed Al-Judaie has an indirect interest as his father, Endowment Supervisor. This interest is represented by a contract to lease the Jeddah Governorate Exhibition Center at an annual rental value of 400,000 riyals, without any additional conditions or benefits.

9. Approval is given to the business and contracts concluded between the company and the Tarfa Endowment Foundation, in which Mr. Faisal bin Abdullah Al-Judaie (Chairman of the Board of Directors) and Mr. Mohammed bin Abdullah Al-Judaie (former Board Member) have an indirect interest in their capacity as Endowment Supervisors, and Mr. Abdullah bin Mohammed Al-Judaie has an indirect interest in their capacity as his father, Endowment Supervisor, in the form of a lease contract for a Buraydah warehouse with an annual rental value of 220,000 riyals, without any additional conditions or benefits.

10. Approval of the business and contracts concluded between the company and the Tarfa Endowment Foundation, in which Mr. Faisal bin Abdullah Al-Judaie (Chairman of the Board of Directors) and Mr. Mohammed bin Abdullah Al-Judaie (former Board Member) have an indirect interest as Endowment Supervisors, and Mr. Abdullah bin Mohammed Al-Judaie has an indirect interest as his father, Endowment Supervisor. This interest is represented by a lease contract for a Buraydah warehouse at an annual rental value of 80,000 riyals, without any additional conditions or benefits. 11. Approval of the business and contracts concluded between the company and the heirs of Abdullah bin Ibrahim Al-Jedaie (may God have mercy on him), in which Mr. Faisal bin Abdullah Al-Jedaie (Chairman of the Board of Directors), Mr. Mohammed bin Abdullah Al-Jedaie (former Board Member), and Mr. Abdulrahman bin Abdullah Al-Jedaie (Board Member) have a direct interest. Mr. Abdullah bin Mohammed Al-Jedaie has an indirect interest, represented by a warehouse lease contract in Riyadh (Khanshlila District) with an annual rental value of 602,210 riyals, without any additional conditions or benefits.

11. Approval is given to the business and contracts concluded between the company and the heirs of Abdullah bin Ibrahim Al-Jedaie (may God have mercy on him), in which Mr. Faisal bin Abdullah Al-Jedaie (Chairman of the Board of Directors), Mr. Mohammed bin Abdullah Al-Jedaie (former Board Member), and Mr. Abdulrahman bin Abdullah Al-Jedaie (Board Member) have a direct interest. Mr. Abdullah bin Mohammed Al-Jedaie has an indirect interest, represented by a warehouse lease contract in Riyadh (Khanshlila District) with an annual rental value of 602,210 riyals, without any additional conditions or benefits.

12. Approval is given to the business and contracts concluded between Al Jedaie Textiles Company (a subsidiary of Thobe Al Aseel Company) and Mr. Mohammed bin Abdullah Al Jedaie (a former board member), who has a direct interest in the company. Mr. Abdullah bin Mohammed Al Jedaie has an indirect interest in the company. This is represented by a contract to lease a retail showroom in Medina with an annual rental value of 150,000 riyals, without any additional conditions or benefits.

13. Approval is given to the business and contracts concluded between Al-Jedaie Textiles Company (a subsidiary of Thobe Al-Aseel Company) and Mr. Mohammed bin Abdullah Al-Jedaie (a former member of the Board of Directors), who has a direct interest in them. Mr. Abdullah bin Mohammed Al-Jedaie has an indirect interest in them, which is represented by a contract to lease a wholesale showroom in Medina at an annual rental value of 137,600 riyals, without additional conditions or benefits.

14. Approval is given to disburse an amount of (1,460,000) one million four hundred and sixty thousand riyals as a bonus to the members of the Board of Directors for the fiscal year ending on 31/12/2024 AD.

15. Approval is given to amend the remuneration policy for members of the Board of Directors, its committees, and the Executive Management.