National Leasing Holding announces the results of the AGM. The meeting was held on 23/02/2025 and the following resolutions were approved:

First: Hearing the Board of Directors’ report on the activity of the company and its financial position for the year ended 31/12/2024.

The AGM heard the management report on the company activities and its financial position for the year ended 31/12/2024.

Second: Hearing of Sharia Board report on the activity of the company for the year ended 31/12/2024.

The AGM heard the heard of Sharia Board report on the activity of the company for the year ended 31/12/2024.

Third: Hearing the report of Independent Auditors on the Company’s financial statements for the year ended 31/12/2024.

The AGM heard the auditors’ report, by Russell Bedford, on the company balance sheet and profit and loss account of the financial year ended 31/12/2024.

Fourth: Discussing and approving the Financial Statements of the company for the year ended 31/12/2024.

The AGM approved company balance sheet and profit and loss account of the financial year ended 31/12/2024.

Fifth: Approving the Board’s proposal to distribute a dividend of 3.5% of the nominal value per share at the rate of 0.035 QR

The AGM agreed on the distribution of cash dividends on the value of QR (0.035) per share by 3.5%.

Sixth: Absolving the members of the Board of Directors and the payment of remuneration to the members of the Board of Directors for the financial year ended 31 December 2024.

The AGM absolved the BOD Members from responsibilities for transaction and approved the payment of remuneration to the members of the Board of Directors for the year ended 31/12/2024.

Seventh: Corporate Governance Annual Report for 2024.

The AGM heard the Corporate Governance Annual Report for 2024 and approved it.

Eighth: Appointment of External Auditors for the year 2025.

The AGM decided to appoint Russell Bedford as External Auditors for the year 2025.

Ninth: Appointment of Dr. Turki Obaid Al-Marri as a member of the Sharia Supervisory Board, and release of Sheikh / Abdul Aziz Al-Khulaifi, who submitted his request to be exempted from membership and chairmanship of the Sharia Supervisory Board of the company.

The AGM Approved the appointment of Dr. Turki Ubaid Al-Mari as a member of the Sharia Supervisory Board and the release of Sheikh Abdulaziz Al-Khulaifi, who submitted his request to be relieved of his membership and chairmanship of the Sharia Supervisory Board of the company.

All the attended shareholders approved the conditions of the AGM and its resolutions.