Riyadh Cement Co. Board Invites Its Shareholders To Attend The Extraordinary General Assembly Meeting The (First Meeting)
Introduction: The Board of Directors of Riyadh Cement Co. a Listed Joint Stock Company, are pleased to invite the shareholders to the Extraordinary General Assembly Meeting (First Meeting), scheduled to be held at 06:30 p.m. on Monday 20 April 2026 (03-11-1447H) by Means of Modern Technology
City and Location of the General Assembly's Meeting: Head Office Imamm Soud Bin Abdulaziz Bin Mohammed, AL-Muhammdyah - Riyadh
Hyperlink of the Meeting Location: Click Here
Date of the General Assembly's Meeting: 2026-04-20 Corresponding to 1447-11-03
Time of the General Assembly’s Meeting: 18:30
Methodology of Convening the General Assembly’s Meeting: Via modern technology means
Attendance Eligibility, Registration Eligibility, and Voting End: Shareholders who are registered in the issuers shareholders record at the Depositary Center by the end of the trade session prior to the general assembly meeting and in accordance with the laws and regulations. The shareholder has the right to delegate whomever other than the board of directors. The right to register a name to attend the general assembly meeting ends at the time of convening the general assembly meeting. The attendees right to vote on the items of the assembly’s agenda ends upon the end of screening the votes by the Screening Committee.
Quorum for Convening the General Assembly's Meeting: In order for an extraordinary general assembly meeting to be valid, it must be attended by shareholders representing at least half of the company's capital. In case the quorum is not met, a second meeting shall be held one hour after the end of the period specified for the first meeting, and the second meeting shall be valid if attended by shareholders representing at least one-quarter of the capital.
General Assembly Meeting Agenda: 1. To review and discuss the report of the Board of Directors for the fiscal year ending on 31/12/2025.
2. To review and discuss the financial statements for the fiscal year ending on 31/12/2025.
3. To vote on the external auditor’s report for the fiscal year ending on 31/12/2025 after discussing it.
4. To vote on discharging the members of the Board of Directors from liability for the fiscal year ending on 31/12/2025.
5. To vote on the Board of Directors’ recommendation to distribute cash dividends to shareholders amounting to SAR 72,000,000 for the second half of 2025, at SAR 0.60 per share, representing 6% of the capital Eligibility shall be for shareholders owning shares at the end of the trading day of the General Assembly meeting and who are registered in the shareholders’ register of the company at Saudi Securities Depository Center Company (Edaa) by the end of the second trading day following the eligibility date. Dividends will be distributed on Wednesday, 29/04/2026
6. To vote on the business and contracts concluded between the Company and Tawa Company, in which Board Member Dr. Nasser Aqil has a direct interest. These transactions involve the sale of cement during 2025 with a total value of SAR 22,973,528, under prevailing commercial terms.
7. To vote on the business and contracts concluded between the Company and Al-Rashed Cement Company, in which the Chairman of the Board Mr. Salah Al-Rashed has a direct interest. These transactions involve the sale of cement during 2025 with a total value of SAR 92,858,395, under prevailing commercial terms.
8. To vote on the payment of SAR 2,100,000 (two million and one hundred thousand Saudi Riyals) as remuneration for the members of the Board of Directors for the fiscal year ending on 31/12/2025.
9. To vote on authorizing the Board of Directors to distribute interim dividends on a semi-annual or quarterly basis for the fiscal year 2026
10. To vote on the approval of the Board of Directors’ recommendation to transfer the reserve balance amounting to SAR 360 million, as stated in the financial statements for the year ended 31 December 2025, to retained earnings, with the aim of enhancing the company’s financial solvency and supporting the distribution of stable dividends.
Proxy Form:
The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right: Eligibility for Registering the Attendance of the General Assembly’s Meeting Ends upon the Convenience of the General Assembly’s Meeting. Eligibility for Voting on the Business of the Meeting Agenda Ends upon the Counting Committee Concludes Counting the Votes.
Details of the electronic voting on the Assembly’s agenda: Shareholders registered in Tadawulaty service will be able to vote electronically on the General Assembly’s agenda. Electronic voting will start on Thursday at 1:00 AM 16/04/2026 G, and will last until the end of the General assembly time, noting that the registration and voting is free of charge for all Shareholders via: http://tadawulaty.com.sa.
Method of Communication in Case of Any Enquiries: In case For inquiries and questions about the agenda items of the Extraordinary General Assembly, you can contact the Investor Relations Department:
Phone number: +966112611716
Email: IR@riyadhcement.com.sa
Attached Documents: