Riyadh - Mubasher: The shareholders of WSM for Information Technology Company approved all resolutions presented during the company’s ordinary general meeting (OGM), which was held on 22 June 2026.
The approved items included the auditor’s report, board of directors’ report, and financial statements for 2025, according to a bourse filing.
Moreover, the equityholders greenlighted discharging board members from liability for the same period.
The general assembly also approved the appointment of Professional Consultants Company as external auditor for 2026 and the first half (H1) of 2027 financial statements, with fees totaling SAR 210,000.
Shareholders further authorized the board of directors to distribute interim dividends on a semi-annual or quarterly basis during 2026 and granted the board authority under Article 27 of the Companies Law for one year.
Additionally, the shareholders approved the participation of board member Adel Saud Al Mansour in activities that compete with the company’s business, in accordance with the applicable regulatory requirements.
WSM called its shareholders to attend the general assembly on 1 June.
