Atlas Elevators General Trading and Contracting Co. announced on June 4, 2026 the results of its Ordinary General Assembly Meeting held on June 3, 2026 at 7:45 PM at the company's headquarters in Riyadh with 58.67% shareholder attendance. The meeting approved the appointment of RSM United Accountants Professional Consulting as the company's auditor for fiscal year 2026 for a fee of SAR 340,000. Shareholders approved the distribution of cash dividends totaling SAR 5,849,091 for the fiscal year ending December 31, 2025, at a rate of SAR 1 per share representing 10% of share capital, with dividend payments commencing on June 16, 2026. The assembly also approved related-party transactions with Managing Director Mr. Mohsen Ali Al-Otaibi totaling SAR 284,585 and SAR 335,600 respectively, related to his share of additional capital in subsidiary Atlas National Elevator Factory Company.

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