Riyadh – Mubasher: The board of Dar Almarkabah for Renting Cars Company (DS Rent) has invited its shareholders to participate in the Ordinary General Assembly Meeting (OGM) scheduled for 8 July 2026, according to a bourse filing.

The meeting is set to address a comprehensive agenda including the review of the 2025 fiscal year financial results, the appointment of external auditors for 2026, and the discharge of board members from liability.

The agenda for the session is extensive, focusing primarily on the closing of the previous fiscal year and setting the foundation for the current year’s financial oversight.

Shareholders will be asked to discuss and deliberate on the Board of Directors' report and the consolidated financial statements for the fiscal year ended on 31 December 2025. Furthermore, the assembly will vote on the auditor's report for the same period.

A critical item on the agenda involves the selection of an external auditor from candidates recommended by the Audit Committee.

The appointed firm will be responsible for examining and auditing the semi-annual and annual financial statements for the 2026 fiscal year.

Additionally, the board is seeking shareholder approval to discharge its members from liability for their management during the 2025 fiscal year.

The Audit Committee, led by Chairman Khalid Muqbel Al Muqbel and members Ahmed Abdulmohsen Al Saadoun and Mohammed Hassan Al Zahrani, has provided a detailed report on its activities during 2025.

The committee held three meetings during the year, focusing on enhancing internal control systems, risk management, and financial oversight.

Meanwhile, the committee’s findings indicate that the company’s internal control and financial risk management systems are operating with a reasonable level of efficiency, with no material deficiencies identified that would impact the integrity of the 2025 financial statements.

Shareholders registered in the issuer’s shareholder registry at the Depository Center (Edaa) by the end of the trading session preceding the meeting are eligible to attend and vote. The legal quorum for the first meeting requires the presence of shareholders representing at least one-quarter (25%) of the company’s voting shares.

Should this quorum not be met, a second meeting will be held one hour after the scheduled time for the first meeting, which will be considered valid regardless of the number of shares represented.

Electronic voting is scheduled to commence on 4 July 2026 and will remain open until the conclusion of the assembly meeting.

The company has emphasized that registration and voting via the Tadawulaty service are provided free of charge to all shareholders to encourage maximum participation in the corporate governance process.