The extraordinary general assembly of Al-Ghunaim Trading Co. Limited, held on February 20, 2025, approved an amendment to Article (29) of its articles of association. 
The amended text now reads as follows:

-  The Board of Directors shall elect the Chairman of the Board and the Vice Chairman through a ballot. 
-  The Chairman represents the company in its relations with others and before the judiciary, in addition to the other powers stipulated in the contract.
- The Chairman's signature is considered as the signature of the Board of Directors in transactions involving the company with third parties, and it is his duty to execute the board's decisions and comply with its recommendations. 
- The Vice Chairman shall assume the duties of the Chairman in his absence or in case of any hindrance preventing him from performing his tasks.
- The powers of each of the Chairman, Vice Chairman, and Chief Executive Officer are determined as follows: they may sign jointly or separately on all transactions concerning the company with all ministries, institutions, governmental and non-governmental bodies. 
-  They hold full authority to sign contracts with companies and suppliers, leasing and investment agreements, and all banking transactions including the signing of checks, loans, banking facilities, mortgages, mortgage cancellations, sales of real estate, as well as the right to delegate whomever they see fit for all or some of these powers.