Al-Etihad Cooperative Insurance Co. announced on June 4, 2026 the results of its Extraordinary General Assembly Meeting (Second Meeting) held on June 3, 2026 at 19:30 at the company's head office in Dhahran with 35.99% shareholder attendance. The assembly approved moving the entire Statutory Reserve balance of SAR 41,362 thousand to Accumulated Losses of SAR 201,637 thousand to reduce the accumulated losses percentage from 40.3% to 32.1% of the SAR 500,000,000 paid-up capital. Other key approvals included the discharge of Board of Directors from liabilities for 2025, authorization of the Board with Ordinary General Assembly authority for one year, and appointment of auditors for fiscal periods through 2027 with total fees of SAR 1,091,000 excluding VAT.

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