Al-Babtain Power and Telecommunication Co. announced on May 10, 2026 the results of its Ordinary General Assembly Meeting held on May 7, 2026 at 6:30 PM via modern technology means from the corporate office in Riyadh, with 29.74% shareholder attendance. The assembly approved the appointment of BDO-Dr. Mohammed Al-Amri & Co. as auditor for fiscal year 2026 and first quarter 2027 with remuneration of SR 1,705,000 excluding VAT. Key approvals included authorizing the board to distribute interim dividends on biannual or quarterly basis for fiscal year ending December 31, 2026, and ratifying related party transactions totaling SR 5.85 million with Al Babtain Contracting Company and SR 39,952 with Al Babtain Trading Company involving board members with indirect interests.

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