Title :

Announcing the Resolutions of Board Meeting SHARQIYAH DESALINATION

Content :

The board of directors discussed the topics listed on the agenda in its meeting no. 1 held on 16/02/2026 and passed the following resolutions.

Board of Directors resolutions’ disclosure 

Sharqiyah Desalination Company SAOG (the “Company”) advises the Financial Services Authority, the Muscat Stock Exchange and the investors community that it has resolved the following at the meeting of the Board of Directors number 1/2026 held on 16th February 2026 at 12:00 pm in the Company’s headquarter in Muscat: 

1. Approval of the Audited Financial Statements as at 31 December 2025.

2. Approval of the Report of the Board of Directors for 2025.

3. Approval of the Management Discussion Report for2025.

4. Approval of the Related Parties Transactions for the year 2025 and consideration of the related parties transactions for the year 2026.

5. Approval and recommend to the Shareholders the Proposed Dividend Distribution.

6. Approval of the Sitting Fees to Board Members & Remuneration paid for the year 2025 and consideration of the sitting fees for the year 2026.

7. Approval of  the Corporate Governance Report for the year 2025.

8. Approval of the Corporate Social Responsibilities Budget for the year ending 31 December 2026.

9. Approval of the ESG report prepared by the third party evaluator.

10. Approval of the Appointment of External Auditors and their fees for 2026.

11. Approval Agenda and Date of the AGM intended to be held on 17 March 2026.

12. Approval of the Dividends Distribution Policy of the Company.

*Board meeting resolutions have to be disclosed one hour, at least, before the beginning of the next day trading session.