News

1) Mr. Baker Bin Abdulrahman Almuhana (Chairman of the Board of Directors).

2) Mr. Yaser Bin Sulaiman Aldawood (Vice Chairman).

3) Eng. Khalid Bin Abdullah Al Hogail (CEO and Managing Director).

4) Dr. Saud Bin Mohammed Al-Nimr.

5) Mr. Adel Bin Abdulaziz Al Shadi.

6) Dr. Fadi Bin Saleh Al-Buhairan.

7) Mr. Walid Bin Abdurahman Alhabib.

2. Mr. Baker Bin Abdulrahman Almuhana (Chairman of the Investment and Strategy Committee).

3. Dr. Saud Bin Mohammed Al-Nimr (Chairman of the Remuneration and Nominations Committee).

2) The financial statements for the fiscal year ending December 31, 2025 were reviewed and
discussed.

3) Approval of the Company’s external auditor’s report for the fiscal year ending
December 31, 2025, after discussion.

4) Approval of the appointment of Ernst & Young (EY) as the Company’s external auditor,
based on the recommendation of the Audit Committee, to examine, review, and audit the financial
statements for the second and third quarters and the annual financial statements for the fiscal year
ending December 31, 2026, as well as the first quarter of the fiscal year ending December 31, 2027,
for total fees amounting to SAR (1,080,000).

5) Approval of delegating the powers of the Ordinary General Assembly, as stipulated in Paragraph
(1) of Article (27) of the Companies Law, to the Board of Directors for a period of one year from
the date of the General Assembly’s approval or until the end of the term of the delegated
Board of Directors, whichever is earlier, in accordance with the conditions set forth in the
Implementing Regulations of the Companies Law for listed joint stock companies.

6) Approval of the transactions and contracts concluded during the fiscal year ending December 31,
2025, between the Company and the Saudi Emirati Company (SEITCO), in which the Managing Director,
Eng. Khalid Bin Abdullah Al Hogail (Executive), has an indirect interest, as he serves as Chairman
of the Board of Directors of the Saudi Emirati Company (SEITCO), a company in which the Company owns
(50%) of its share capital. These transactions were conducted in the ordinary course of business and
without any preferential terms. They consist of a lease agreement for accommodation and parking
spaces for SEITCO buses at the Company’s branch garages, in the amount of SAR 3.5 million.

7) Approval of the transactions and contracts concluded during the fiscal year ending December 31,
2025, between the Company and the Saudi Emirati Company (SEITCO), in which the Managing Director,
Eng. Khalid Bin Abdullah Al Hogail (Executive), has an indirect interest, as he serves as Chairman
of the Board of Directors of the Saudi Emirati Company (SEITCO), a company in which the Company owns
(50%) of its share capital. These transactions were conducted in the ordinary course of business and
without any preferential terms. They consist of bus maintenance and repair services for (SEITCO), in
the amount of SAR 12.2 million.

8) Approval of the transactions and contracts concluded during the fiscal year ending December 31,
2025, between the Company and Digital Mobility Solutions Investment Company, in which the Managing
Director, Eng. Khalid Bin Abdullah Al Hogail (Executive), has an indirect interest, as he serves as
Chairman of the Board of Directors of Digital Mobility Solutions Investment Company, a company in
which the Company owns (100%) of its share capital. These transactions were conducted in the
ordinary course of business and without any preferential terms. They consist of providing financial
support for working capital in the amount of SAR 20.2 million.

9) Approval of the transactions and contracts concluded during the fiscal year ending December 31,
2025, between the Company and Digital Mobility Solutions Investment Company, in which the Managing
Director, Eng. Khalid Bin Abdullah Al Hogail (Executive), has an indirect interest, as he serves as
Chairman of the Board of Directors of Digital Mobility Solutions Investment Company, a company in
which the Company owns (100%) of its share capital. These transactions were conducted in the
ordinary course of business and without any preferential terms. They consist of vehicle leasing from
Digital Mobility Solutions Investment Company in the amount of SAR 3.2 million.

10) Approval of the transactions and contracts concluded during the fiscal year ending December 31,
2025, between the Company and Digital Mobility Solutions Investment Company, in which the Managing
Director, Eng. Khalid Bin Abdullah Al Hogail (Executive), has an indirect interest, as he serves as
Chairman of the Board of Directors of Digital Mobility Solutions Investment Company, a company in
which the Company owns (100%) of its share capital. These transactions were conducted in the
ordinary course of business and without any preferential terms. They consist of providing technical
services and support from Digital Mobility Solutions Investment Company in the amount of SAR 5.2
million.

11) Approval of the transactions and contracts concluded during the fiscal year ending December 31,
2025, between the Company and SAT Transport Company, in which the Managing Director, Eng. Khalid Bin
Abdullah Al Hogail (Executive), has an indirect interest, as he serves as Chairman of the Board of
Directors of SAT Transport Company, a company in which the Company owns (85%) of its share capital.
These transactions were conducted in the ordinary course of business and without any preferential
terms. They consist of leasing accommodation, offices, and parking spaces for SAT buses, in addition
to a lease agreement for administrative offices for the Company from SAT’s station in Al-Ahsa,
in the amount of SAR 5.4 million.

12) Approval of the transactions and contracts concluded during the fiscal year ending December 31,
2025, between the Company and SAT Transport Company, in which the Managing Director, Eng. Khalid Bin
Abdullah Al Hogail (Executive), has an indirect interest, as he serves as Chairman of the Board of
Directors of SAT Transport Company, a company in which the Company owns (85%) of its share capital.
These transactions were conducted in the ordinary course of business and without any preferential
terms. They consist of providing technical services and maintenance for SAT buses in the amount of
SAR 48.6 million.