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Astra Industrial Group announces the opening of the nomination period for the board of director’s membership

January 15, 2025
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Element List	Explanation
Introduction	Astra Industrial Group is pleased to announce the opening of nominations for membership in its Board of Directors for the upcoming term, which will commence on April 22, 2025, and conclude on April 21, 2028, for a duration of three years. This is in accordance with the provisions of the Companies Law, the Corporate Governance Regulations issued by the Capital Market Authority, and the company’s approved Policy, Standards, and Procedures for Board Membership. Board members will be elected at the General Assembly Meeting of shareholders, the date of which will be announced later after obtaining the necessary approvals from the competent authorities. Individuals meeting the conditions and criteria for board membership who wish to nominate themselves are invited to submit their applications during the specified nomination period, as detailed below.
Type of Assembly	New Session
Term Start Date	2025-04-22
Term End Date	2028-04-21
Number of members	9
Nomination Start Date	2025-01-15 Corresponding to 1446-07-15
Nomination End Date	2025-02-27 Corresponding to 1446-08-28
Applications Submission Method	Nomination applications and all required forms should be submitted to the Nomination and Remuneration Committee Secretary within the specified period. Submissions can be made through the following methods: 1. National Address (Wasel): 8128 Salah Al-Deen Al-Ayoubi Road – King Abdulaziz Unit No. 1 – Postal Code 12233 Additional Number 4322 Riyadh, Kingdom of Saudi Arabia. 2. Hand-delivery to the company’s headquarters during official working hours. 3. Via email to Khaled.albalawi@aig.sa
Policy and criteria of nomination	Candidates must meet all conditions and criteria for Board membership as stipulated in the relevant laws, regulations, and the Policy, Standards, and Procedures for Board Membership approved by the company’s General Assembly (attached). These include the following: 1. Each shareholder has the right to nominate themselves or another individual(s) for Board membership. 2. Submission of a signed Board Membership Nomination Application Form (attached), along with a clear copy of the candidate’s national ID card (or residence permit/passport for non-Saudis). 3. A brief resume of the candidate, detailing their qualifications and professional experience. 4. Completion and signing of Form (3), the Candidate CV Template for Board Membership in Listed Companies (attached and available on the Capital Market Authority’s website). 5. Submission of signed copies of Form (1), the Candidate CV Template, in both Arabic and English (attached). 6. Candidates who have previously served on the board of a listed company must provide a statement listing the number and dates of boards they currently or previously served on. 7. Candidates must not simultaneously serve as a board member in more than five listed companies in the Saudi financial market. 8. Candidates must disclose to the Board and the General Assembly any conflicts of interest, as per the procedures established by the authority, including: a. Any direct or indirect interest in the company’s transactions or contracts. b. Participation in any business that competes with the company or its activities. The Nomination and Remuneration Committee will review all submitted applications. Incomplete applications will not be considered. Voting at the General Assembly will be limited to candidates who have fulfilled the requirements and criteria specified in this announcement. Best Regards,
Attachment of the CMA approved resume for the nominees for board memberships in the joint-stock companies listed on the Saudi Exchange
Attached Documents

The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.

Astra Industrial Group announces its Interim Financial results for the Period Ending on 2024-09-30 ( Nine Months )

November 17, 2024
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Element List	Current Quarter	Similar quarter for previous year	%Change	Previous Quarter	% Change
Sales/Revenue	688,527,042	643,206,065	7.046	819,094,894	-15.94
Gross Profit (Loss)	324,022,859	259,197,627	25.009	338,828,302	-4.369
Operational Profit (Loss)	164,375,553	114,032,026	44.148	163,267,094	0.678
Net profit (Loss)	139,413,626	103,415,243	34.809	168,747,319	-17.383
Total Comprehensive Income	143,205,116	108,008,769	32.586	163,358,176	-12.336
All figures are in (Actual) Saudi Arabia, Riyals

Element List	Current Period	Similar period for previous year	%Change
Sales/Revenue	2,340,660,188	2,042,871,476	14.576
Gross Profit (Loss)	1,011,947,720	848,603,189	19.248
Operational Profit (Loss)	496,648,352	379,839,530	30.752
Net profit (Loss)	457,902,329	341,043,859	34.264
Total Comprehensive Income	460,801,778	341,972,773	34.748
Total Shareholders Equity (after Deducting Minority Equity)	2,388,704,390	1,991,359,361	19.953
Profit (Loss) per Share	5.72	4.26
All figures are in (Actual) Saudi Arabia, Riyals

Element List	Amount	Percentage of the capital (%)
Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value	–	–
All figures are in (Actual) Saudi Arabia, Riyals

Element List	Explanation
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the same quarter of the last year is	Sales increases in general due to: Increase in Sales in the following sectors: a) Pharmaceuticals. b) Specialty chemical.
The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is	Net profit Increases in general due to: Increase in Sales and Gross Profit in the following sectors: a) Pharmaceuticals. b) Specialty chemical.
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is	Sales decrease in general due to: Decrease in Sales in the following sectors: a) Steel industries. b) Specialty chemical.
The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is	Net profit decreases in general due to: 1. Previous quarter included gain from discontinued operation 2. Decrease in Gross Profit in the following sectors: a) Steel industries. b) Specialty chemical.
The reason of the increase (decrease) in the sales/ revenues during the current period compared to the same period of the last year is	Sales increases in general due to: Increase in Sales in the following sectors: a) Steel industries. b) Pharmaceuticals.
The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is	Net profit Increases in general due to: 1. Increase in Gross Profit in all sectors: 2. Gain from discontinued operation.
Statement of the type of external auditor’s report	Unmodified conclusion
Comment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion)	NA
Reclassification of Comparison Items	Certain comparative figures for the previous period have been reclassified to be consistent with the presentation of the current period.
Additional Information	1. Net Shareholders’ Equity at the end of the period was SR 2,395,855,591/- compared to SR 2,053,543,321/- at the end of the similar period last year with an increase of 17%. 2. On 21 February 2024, Astra Industrial Group and Tharwat Mining Company signed an agreement with Saudi Lime Industries Company (the “purchaser”) for exiting its entire investment in Astra Mining for a transaction price of SR 35 million for 100% equity stake and also the purchaser will settle the amounts due to the Company by Astra Mining of SR 129.6 million. The deal was subject to completion of certain conditions by the buyer. These conditions were fulfilled on 19 May 2024. Accordingly, the control was transferred to the buyer on that date and the Company has recognized its share of gain amounting to SAR 37.8M (representing 77.3% of consolidated gain on disposal amounting to SAR 48.9M). (For details, please refer to Consolidated Interim Financial Statements)

Astra Industrial Group announces its Interim Financial results for the Period Ending on 2024-06-30 ( Six Months )

November 17, 2024
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Element List	Current Quarter	Similar quarter for previous year	%Change	Previous Quarter	% Change
Sales/Revenue	819,094,894	659,588,069	24.182	833,038,252	-1.673
Gross Profit (Loss)	338,828,302	277,695,292	22.014	349,096,559	-2.941
Operational Profit (Loss)	163,267,094	125,254,718	30.348	169,005,705	-3.395
Net profit (Loss)	168,747,319	114,744,049	47.064	149,741,384	12.692
Total Comprehensive Income	163,358,176	103,628,214	57.638	154,238,486	5.912
All figures are in (Actual) Saudi Arabia, Riyals

Element List	Current Period	Similar period for previous year	%Change
Sales/Revenue	1,652,133,146	1,399,665,411	18.037
Gross Profit (Loss)	687,924,861	589,405,562	16.715
Operational Profit (Loss)	332,272,799	265,807,504	25.005
Net profit (Loss)	318,488,703	237,628,616	34.027
Total Comprehensive Income	317,596,662	233,964,004	35.745
Total Shareholders Equity (after Deducting Minority Equity)	2,245,499,274	1,883,350,592	19.228
Profit (Loss) per Share	3.98	2.97
All figures are in (Actual) Saudi Arabia, Riyals

Element List	Amount	Percentage of the capital (%)
Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value	–	–
All figures are in (Actual) Saudi Arabia, Riyals

Element List	Explanation
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the same quarter of the last year is	Sales increases in general due to: Increase in Sales in the following sectors: a) Steel industries. b) Pharmaceuticals. c) Specialty chemical.
The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is	Net profit Increases in general due to: 1. Gain from discontinued operation. 2. Increase in Sales and Gross Profit in the following sectors: a) Steel Industries. b) Pharmaceuticals. While noting that there is an increase in zakat and income tax expenses in all sectors.
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is	Sales decreases in general due to: Decrease in Sales in the following sectors: a) Pharmaceuticals. b) Specialty chemical.
The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is	Net profit Increases in general due to: Gain from discontinued operation. While noting that there is an increase in zakat and income tax expenses in all sectors.
The reason of the increase (decrease) in the sales/ revenues during the current period compared to the same period of the last year is	Sales increases in general due to: Increase in Sales in the following sectors: a) Steel industries. b) Pharmaceuticals.
The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is	Net profit Increases in general due to: 1. Increase in Gross Profit in the following sectors: a) Steel Industries. b) Pharmaceuticals. 2. Gain from discontinued operation.
Statement of the type of external auditor’s report	Unmodified conclusion
Comment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion)	NA
Reclassification of Comparison Items	Certain comparative figures for the previous period have been reclassified to be consistent with the presentation of the current period.
Additional Information	1. Net Shareholders’ Equity at the end of the period was SR 2,252,334,319/- compared to SR 1,945,839,399/- at the end of the similar period last year with an increase of 16%. 2. On 21 February 2024, Astra Industrial Group and Tharwat Mining Company signed an agreement with Saudi Lime Industries Company (the “purchaser”) for exiting its entire investment in Astra Mining for a transaction price of SR 35 million for 100% equity stake and also the purchaser will settle the amounts due to the Company by Astra Mining of SR 129.6 million. The deal was subject to completion of certain conditions by the buyer. These conditions were fulfilled on 19 May 2024. Accordingly, the control was transferred to the buyer on that date and the Company has recognized its share of gain amounting to SAR 37.8M (representing 77.3% of consolidated gain on disposal amounting to SAR 48.9M). (For details, please refer to Consolidated Interim Financial Statements)

Astra Industrial Group Announces the Results of the Extraordinary General Assembly Meeting, ( First Meeting )

November 17, 2024
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Element List	Explanation
Introduction	The Board of Directors of Astra Industrial Group is pleased to announce the results of the Extraordinary General Assembly Meeting, which was held by using modern technology on 24 June 2024 at 07:30 p.m. After reaching the quorum of 66.21%.
City and Location of the General Assembly’s Meeting	By means of modern technology – AIG Headquarter – Riyadh
Date of the General Assembly’s Meeting	2024-06-24 Corresponding to 1445-12-18
Time of the General Assembly’s Meeting	19:30
Percentage of Attending Shareholders	66.21
Names of the Board of Directors’ Members Present at the General Assembly’s Meeting and Names of the Absentees	The meeting was attended by the following Board Members: 1) Mr. Sabih Masri – CHAIRMAN 2) Mr. Khaled Masri – Deputy Chairman 3) Mr. Mohammad Al Utaibi 4) Mr. Kamil Sadeddin 5) Mr. Abdulkarim Al-Nafi 6) Mr. Ali AlSubaihin 7) Mr. Ghassan Akeel 8) Mr. Farraj Abuthenain 9) Mr. Khaled Al Mana No Board Members were absent from this meeting.
Names of the Chairmen of the Committees Present at the General Assembly’s Meeting or Members of such Committees Attending on Their Behalf	The following Committees Chairpersons attended the meeting: 1) Mr. Abdulkarim Al-Nafi – Chairman of the Audit Committee. 2) Mr. Ali AlSubaihin – Chairman of the Nomination and Remuneration Committee. 3) Mr. Khaled Masri – Chairman of the Performance and Investment Committee.
Voting Results on the Items of the General Assembly’s Meeting Agenda’s	Attached
Attached Documents

Astra Industrial Group Board invites its shareholders to attend the Extraordinary General Assembly Meeting (First meeting) via modern technology means.

June 2, 2024
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The Extraordinary General Assembly Meeting Agenda

1212

ASTRA INDUSTRIAL

-2.61 %

1445/11/25 02/06/2024 07:21:57

Element List	Explanation
Introduction	The Board of Directors of Astra Industrial Group is pleased to invite its shareholders to attend the Extraordinary General Assembly Meeting (First Meeting) via modern technology provided by Tadawulaty.
City and Location of the General Assembly’s Meeting	AIG HQ, Riyadh (Using Tadawulaty system)
Hyperlink of the Meeting Location	Click Here
Date of the General Assembly’s Meeting	2024-06-24 Corresponding to 1445-12-18
Time of the General Assembly’s Meeting	19:30
Methodology of Convening the General Assembly’s Meeting	Via modern technology means
Attendance Eligibility, Registration Eligibility, and Voting End	The eligibility to attend the meeting is for shareholders registered in the Company share registry at the Depository Center as of the end of trading prior to the Meeting Day, and as per the rules and regulations.The right to register to attend the General Assembly meeting ends at the time of convening the General Assembly meeting. The attendee’s right to vote on the items of the Assembly’s agenda ends upon the end of screening of the votes by the Screening Committee.
Quorum for Convening the General Assembly’s Meeting	The Meeting of the Extraordinary General Assembly shall be valid only in the presence of shareholders representing half of the company’s capital. In the event that this quorum is not available in the first meeting, the second meeting will be held an hour after the end of the period specified for the first meeting, and the second meeting will be valid if attended by a number of shareholders representing at least a quarter of company’s capital.
General Assembly Meeting Agenda	Attached
Proxy Form
The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right	Shareholders have the right to discuss matters listed in the agenda of the General Assembly and raise relevant questions. Shareholders can remotely vote on the General Assembly Meeting’s agenda via (E-voting service), through Tadawulaty www.tadawulaty.com.sa
Details of the electronic voting on the Assembly’s agenda	The shareholders who are registered in Tadawulaty Services can remotely vote on the Items of the Extraordinary General Assembly starting from 01:00 AM on Friday 21/06/2024 corresponding to 15/12/1445H and continue until the end of the Extraordinary General Assembly Meeting’s time, noting that registration and voting via Tadawulaty Services will be available and free of charge through the following link: www.tadawulaty.com.sa
Method of Communication in Case of Any Enquiries	For inquiries related to agenda of the General Meeting or for general inquiries, please contact Shareholders relations at Telephone No.: 011-4752002, Extension- 139 or by email: Khaled.albalawi@aig.sa
Attached Documents

Astra Industrial Group announces its Interim Financial results for the Period Ending on 2024-03-31 ( Three Months )

May 26, 2024
No Comments

1212

ASTRA INDUSTRIAL

0.13 %

1445/11/04 12/05/2024 08:04:06

Element List	Current Quarter	Similar Quarter For Previous Year	%Change	Previous Quarter	% Change
Sales/Revenue	842,880,387	748,278,115	12.642	789,699,185	6.734
Gross Profit (Loss)	350,539,320	311,973,195	12.361	335,766,783	4.399
Operational Profit (Loss)	168,460,082	138,783,969	21.382	154,181,006	9.261
Net profit (Loss)	149,741,384	122,884,567	21.855	134,282,693	11.512
Total Comprehensive Income	154,238,486	130,335,790	18.339	136,543,251	12.959
All figures are in (Actual) Saudi Arabia, Riyals

Element List	Current Period	Similar Period For Previous Year	%Change
Total Share Holders Equity (After Deducting the Minority Equity)	2,282,141,098	1,979,722,378	15.275
Profit (Loss) per Share	1.87	1.54
All figures are in (Actual) Saudi Arabia, Riyals

Element List	Percentage Of The Capital (%)	Amount
Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value	–	–
All figures are in (Actual) Saudi Arabia, Riyals

Element List	Explanation
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the same quarter of the last year is	Sales increases in general due to:- Increase in Sales in the following sectors:a) Steel industriesb) Pharmaceuticals
The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is	Net profit Increases in general due to:Increase in Sales and Gross Profit in the following sectors:a) Steel Industriesb) Pharmaceuticals
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is	Sales increases in general due to:- Increase in Sales in the Pharmaceuticals sector.
The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is	Net profit Increases in general due to:1. Increase in Sales and Gross Profit in Pharmaceuticals sector.2. Increase in other income, net.While noting that there is an increase in zakat and income tax expenses in all sectors.
Statement of the type of external auditor’s report	Unmodified conclusion
Comment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion)	N\A
Reclassification of Comparison Items	N\A
Additional Information	1. Net Shareholders’ Equity at the end of the period was SR 2,284,974,052/- compared to SR 2,042,827,433/- at the end of the similar period last year with an increase of 12%.2. On February 21, 2024, Astra Industrial Group and Tharwat Mining Company signed an agreement with Saudi Lime Industries Company for exiting its entire investment in Astra Mining for a transaction price SAR 35 million for 100% of the company and settlement of company’s total commercial debt of SAR 129.6M. The process is underway to complete the transaction before the end of second quarter subject to completing the agreed upon terms as per SPA.