Alamar Foods Company announced on July 1, 2026 the results of its Ordinary General Assembly Meeting held on June 30, 2026 in Riyadh via modern technology, with 62.50713% shareholder attendance. The assembly approved key decisions including the appointment of BDO as external auditor for fiscal years 2026-2027 with fees of SAR 1,764,000, and Board of Directors' remuneration of SAR 1,600,000 for the year ended December 31, 2025. Additionally, shareholders approved multiple related-party transactions totaling over SAR 42 million in 2025, primarily involving companies where Chairman Ibrahim Abdulaziz AlJammaz and Vice Chairman Asim Saud AlJammaz hold interests, including dividend distributions worth SAR 31,380,429 and various business dealings conducted on commercial terms without preferential treatment.

Original announcement:

Important Notice: The announcement information and market data in this report are sourced directly from the Saudi Exchange (Tadawul). This summary is generated by Sahm’s proprietary AI model for informational purposes only. While we strive for accuracy, it should not be construed as financial advice or an investment recommendation.