Mufeed Company announced on June 30, 2026 the results of its Ordinary General Assembly meeting held on June 29, 2026 at 20:10 at the company's Riyadh headquarters via Tadawulaty services, with 94.03% shareholder attendance. The assembly approved key resolutions including the appointment of Alsayed Alayouti & Partners as auditor for 2026 with fees of 280,000 Saudi Riyal, authorization for the Board of Directors to distribute interim dividends on a semi-annual or quarterly basis for fiscal year 2026, and approval of related-party transactions with board members totaling 745,192.05 SAR with the Chairman and 4,830,362.72 SAR with the Vice Chairman during 2025. The meeting also approved discharging board members of liability for fiscal year 2025 and granted the Board powers under Article 27 of the Companies Law for one year.

Original announcement:

Note: The original announcement does not explicitly specify a currency unit. Figures above are reproduced as-is. Please refer to the original announcement for details.

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.