Almasane Alkobra Mining Co. Announces the Results of the Ordinary General Assembly Meeting, ( First Meeting )

Almasane Alkobra Mining Co. Announces the Results of the Ordinary General Assembly Meeting, ( First Meeting )

1-Reviewed and discussed the Board of Directors Annual Report for the fiscal year ending 31 December 2023. 2- Approved the External Auditor’s Report for the year ending 31 December 2023 after discussing it. 3- Reviewed and discussed the Financial Statements for the fiscal year ending 31 December 2023. 4- Approved on releasing the Board of Directors members from their liability for the fiscal year ending 31 December 2023. 5-Approved the appointment of Ernst & Young (E&Y) Co. as an external auditor for the Company from among the candidates on the recommendation of the Audit Committee to examine, review, and audit the Company’s financial statements for the second, third quarters, and annual fiscal year of 2024 AD and the first quarter of the fiscal year 2025 and determined the fees SAR 505,000. 6- Approved on the disbursement of (3,800,000) Three Million and Eight Hundred Thousand Saudi riyals as an annual remuneration to the members of the Board of Directors for the fiscal year ended 31/12/2023 AD 7-Approved on the related transactions that will take place