Jazan Energy and Development Co. Announces the Results of the Ordinary General Assembly Meeting, ( Second Meeting )

1) Mr. Ahamed Mohammed Al-Sanie (Chairman)

2) Mr. Majed Abdullah Alissa (Vice Chairman)

3) Mr. Fahad Mubarak Al-Qathami (Board Member)

4) Mr. Mohammed Abdullah Al-Manea (Board Member)

5) Mr. Khalid Ahamed Al-Ahamed (Board Member)

6) Mr. Adeeb Mohammed Abanmi(Board Member)

The following were unable to attend this meeting:

1) Mr. Khalid Johar Al-Johar (Board Member)

2) Mr. Adeeb Mohammed Abanmi )Chairman of the Audit Committee)

2) Approve the company's auditor's report for the fiscal year ending on 31/12/2020

3) Approve the financial statements for the fiscal year ending on 31/12/2020

4) Approve the discharge the members of the Board of Directors from liability for the fiscal year ending on 31/12/2020

5) Approve the appointment of (Osama A. Elkhereiji and Partner Co.) as External Auditor for the Company from among the candidates nominated based on the recommendation of Audit Committee, review, and audit the second, third quarter and annual financial statements of the fiscal year 2021, and the first quarter of the fiscal year 2022, and the determination of the auditor remuneration

6) Approve delegating to the Board of Directors the authorisation powers of the General Assembly stipulated in paragraph (1) of Article 71 of the Companies Law, for a period of one year starting from the date of the approval by the General Assembly or until the end of the delegated Board of Directors’ term, whichever is earlier, in accordance with the conditions set forth in the Regulatory Rules and Procedures issued pursuant to the Companies Law relating to Listed Joint Stock Companies