ﺔﻤﻫﺎﺴﻣ) ﻲﻧاﺮﻤﻌﻟا ﺮك�ﻮﻄﺘلﻟ لﺎﺗر ﺔﻛﺮﺷ ﺔﻳدﻮﻌﺳ
ﺔﺟرﺪﻣ :لﺎﻤﻟا سأر ( 400,000,000 Capital:
Retal Urban Development Company (LJS)
Address: 3200 Khobar 34421-8800 C.R: 2051047761 :ت.س T +966 13 801 3777 F +966 13 801 3773 E [email protected]
www.retal.com.sa Date: 21\10\1444 11\05\2023 AD
Dear Shareholder of Retal Urban Development Company, After Greetings,
Subject: Notifying the members of the Board of Directors to the General Assembly on transactions in which they have an interest (related parties)
With reference to the requirements of Article (71) of the Companies Law, we list for you below the business and contracts that took place during the fiscal year ending on December 31, 2022 AD, noting that there are no preferential terms or benefits in those business and contracts:
The dealings of the Chairman of the Board of Directors, Mr. Abdullah Abdullatif Al Fozan :
# The Related Party Deal Transaction amount for the
year 2022 AD (S.R)
1 Maali Holding Company Land Sale 67,437,975
2 Rimal Al Khobar Real Estate Company Land Sale 25,450,634
3 Madar Building Materials Company Purchase of Building Material 20,540,930 4 Bawan Metal Industries Company Purchase of Building Material 19,302,215
Total 132,731,754
The dealings of the Vice Chairman of the Board of Directors, Mr. Ali Abdul Latif Al Fozan:
# The Related Party Deal Transaction amount for the
year 2022 AD (S.R)
1 Maali Holding Company Land Sale 67,437,975
2 Madar Building Materials Company Purchase of Building Material 20,540,930
Total 87,978,905
Transactions of a member of the Board of Directors, Mr. Fawzan Muhammad Al Fozan :
# The Related Party Deal Transaction amount for the
year 2022 AD (S.R) 1 Bawan Metal Industries Company Purchase of Building Material 19,302,215
Total 19,302,215
Transactions of a member of the Board of Directors, Mr. / Eng. Abdullah Faisal Al Buraikan:
# The Related Party Deal Transaction amount for the
year 2022 AD (S.R)
1 Rimal Al Khobar Real Estate Company Land Sale 25,450,634
Total 25,450,634
Transactions of a member of the Nominations and Remuneration Committee and a member of the Executive Committee, Mr.
Muhammad Abdulaziz Al Aqeel:
# The Related Party Deal Transaction amount for the
year 2022 AD (S.R) 1 Bawan Metal Industries Company Purchase of Building Material 19,302,215
Total 19,302,215
With due respaect,
