The Board of Directors of OTC 99 Hilal Cement Company has invited its shareholders to attend the Ordinary General Assembly Meeting, scheduled to be held on Wednesday, September 3, 2025, at 10:00 AM at the company’s headquarters.

The agenda includes the discussion and approval of the Board of Directors’ report for the fiscal year ended December 31, 2024, as well as the review and approval of the auditor’s report for the same period, prepared by Abdulkarim Abdullah Al-Samdan from Al-Eiban & Al-Essa Auditing Firm (Ernst & Young member firm).

The meeting will also address any regulatory violations and resulting penalties imposed on the company, if applicable.

Further agenda items include the review and approval of the consolidated financial statements and final accounts, in addition to the Board’s recommendation not to distribute dividends for the mentioned fiscal year.

The Board also noted that the agenda includes a recommendation not to grant remuneration to Board members, apart from a KWD 3,000 (Kuwaiti Dinars Three Thousand Only) remuneration to the independent board member for the fiscal year. The meeting will also review and approve related-party transactions that occurred in 2024 and those expected in 2025.

Additionally, the assembly will discuss granting a discharge to the Board members from legal, financial, and administrative liability for the mentioned fiscal year, as well as appointing or reappointing the company’s external auditor and authorizing the Board to determine their remuneration for the fiscal year ending December 31, 2025.