Morse Company announces the results of the first extraordinary general assembly meeting held on July 24, 2023. The meeting was called by the Chairman of the Board of Directors for the shareholders to discuss the agenda of the extraordinary general assembly. The meeting was held at the company's headquarters in Jeddah and was attended by representatives of the ministry and shareholders representing 100% of the company's capital of 50,000 shares. The meeting was chaired by Dr. Fahad Farooq Hakim, and Ms. Asil Al-Jadaibi was appointed as the secretary of the meeting and vote collector. The meeting discussed several agenda items and the following decisions were made:

1- Approval of changing the company name from Morse Information Technology Holding Company to Morse Holding Company.
2- Approval of adding new activities to the company's purposes and retaining the previous activities listed in the previous Articles of Association.
3- Approval of increasing the number of board members from 4 to 5 members and amending the period for appointing members to the board to 4 years.
4- Appointment of Atheer Saleh Al-Qurashi as a board member.
5- Reconstitution of the board of directors by appointing new members and retaining some previous members.
6- Approval of aligning all articles in the company's Articles of Association with the new Articles of Association issued by Royal Decree (M/132) dated 01/12/1443 AH.

The meeting ended at 1:30 pm, and the Chairman of the meeting thanked all attendees for their participation. Ms. Asil Al-Jadaibi was the secretary of the meeting and vote collector, and Dr. Fahad Farooq Hakim was the Chairman of the meeting.