National Cement Company (P.S.C.)

The Annual General Assembly Meeting of National Cement Company P.S.C. took place on March 17, 2025, at the company's headquarters in Al Quoz 3, Dubai. The meeting, chaired by Mr. Rashed Saif Ahmed Al Ghurair, had a quorum attendance of 81.96%. Key approvals included the Board of Directors’ report, auditor's report, balance sheet, and profit and loss account for the fiscal year ending December 31, 2024. A cash dividend of 20% of the nominal share value, totaling 71,760,000 dirhams, was approved. Board members' remuneration totaling 1,950,000 dirhams was sanctioned, and the Board and auditors were absolved of liability for 2024. M/s Grant Thornton was appointed as auditors for 2025 with a fee of AED 285,000. Mr. Mazen Muhammad Mohieddin Al-Khatib was appointed to the Board, replacing Mrs. Hind Issa Salem. A special decision was made to transfer 78,330,750 dirhams from the statutory reserve to retained earnings for 2025. The cash dividends are set to be paid on April 15, 2025, with key dates for entitlement outlined.

The text is the title of the National Cement Company P.S.C.'s Integrated Report for 2024, with a focus on contributing to a better future and a better world.

The Board of Directors of National Cement Company P.S.C. made decisions on February 28, 2025. They approved the governance report for 2024 and addressed several business-related matters. This information was communicated to Mr. Hamed Ahmed Ali, CEO of Dubai Financial Market, and copied to the Securities and Commodities Authority.

The Board of Directors of National Cement Company P.S.C is planning to make a decision by circulation on February 28, 2025. This decision will pertain to the governance report for the year 2024 and other company-related matters. The information has been communicated to the CEO of the Dubai Financial Market and the Securities and Commodities Authority has been copied on this correspondence.

The National Cement Company has issued a clarifying disclosure regarding the approval of proxies, in line with Clauses 1 and 2 of Article 40 of the Corporate Governance Manual. Shareholders who have the right to attend the general assembly can delegate someone, who is not a board member, company employee, or employee of a securities brokerage company, to attend and vote on their behalf. This delegation must be in writing and explicitly state the agent's rights. The delegated person must not hold more than 5% of the company's issued capital. The shareholder's signature on the power of attorney must be verified by a notary public, a commercial chamber, a licensed bank or company, or any licensed attestation entity. The proxy form should include the contact details of both the shareholder and the brokerage firm that approved the proxy. The form serves as a guideline, allowing the shareholder to issue the proxy according to their preferred limits and powers, provided the signature is verified by one of the mentioned authorities. For further information or clarification, contact details are provided.

The National Cement Company held a board meeting on December 2, 2025, chaired by CEO Hamed Ahmed Ali of the Dubai Financial Market. The meeting, attended by all seven board members, achieved a full quorum. Key decisions included the approval of the previous meeting's minutes, the audited financial statements for 2024, and the scheduling of the Annual General Meeting pending necessary approvals. Additionally, the board resolved to recommend a 20% cash dividend distribution to shareholders, amounting to 71,760,000 dirhams or 20 fils per share. The board also discussed the company's business affairs.

This text is an official letter from National Cement Company PSC to the CEO of the Dubai Financial Market, dated 07/02/2025. It announces a board meeting scheduled for 12/02/2025 at 2:00 PM to approve the previous meeting’s minutes, discuss the company’s financial statements for 2024, review the company’s business, and cover other related matters. The letter is signed by the General Manager, with a copy sent to the Securities and Commodities Authority.

On November 5, 2024, the National Cement Company held a board meeting from 10:00 AM to 11:30 AM with all seven board members present, achieving a 100% quorum. During the meeting, the board approved the minutes of the previous meeting and the financial statement for the period ending September 30, 2024. They also discussed the company's business. The information was disclosed to Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, and copied to the Securities and Commodities Authority.