Shmoh Almadi Co.'s Board of Directors announced on May 12, 2026, that it will convene an Ordinary General Assembly Meeting (First Meeting) on June 11, 2026, at 19:00 via modern technology from the company's headquarters in Riyadh. The meeting agenda includes voting on the auditor's report and financial statements for fiscal year ending December 31, 2025, discharging the Board from liability, appointing auditors for 2026, and authorizing interim dividend distributions. Shareholders will also vote on several related-party transactions involving Chairman Thani Abdulaziz Al-Ahmad, including SAR 14,894,054 in sales transactions with Al-Mathaq Al-Mutakamil Establishment and various other business dealings totaling hundreds of thousands of riyals. Electronic voting will be available through Tadawulaty services starting June 7, 2026, and the meeting requires attendance by shareholders representing at least one-quarter of voting shares for validity.

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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.