Thimar Development Holding Co. announced on May 13, 2026 the results of its Ordinary General Assembly meeting held on May 12, 2026 at 6:45 pm at the company's headquarters in Riyadh with 27.14% shareholder attendance. The assembly approved the election of five new Board of Directors members for a four-year term from May 14, 2026 to May 13, 2030, including Sami Abdullah Mohammad Alhelwah, Mohammad Saleiman Mohammad Aleisa, Sulaiman Naser Alhatlan Alkahtani, Melfi Manahi Melfi Almarzoqi, and Saud Hassan Saad Binsaeed. Additionally, shareholders approved the appointment of PKF Al Bassam Chartered Accountants as external auditor for specified quarters of fiscal years 2026G and 2027G at fees of SAR 460,000 excluding VAT, and approved amendments to the company's Corporate Governance Regulations and Board Membership policies.

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