Flintstone Engineering Share Company's 8th Ordinary and First Public General Meeting

Our company, Flintstone Engineering Share Company, has been in existence for three decades, and since 2015, it has decided to take its structure, which was family-owned and managed by only seven shareholders, public and has opened the sale of its shares to the public. Accordingly, the first public General Meeting was successfully held on December 21, 2024 at the Gion Hotel. More than 300 shareholders attended the General Meeting of our company held on December 21, 2024, and our company disclosed its financial performance report to the shareholders. We announced at the meeting that our total revenue for the fiscal year was 829 million 253 thousand 092 birr and our total profit before tax was 36 million 658 thousand 747 birr. This is an 84 percent increase compared to the same period last year, according to our Board of Directors report. In addition, our company's net profit was 25 million 61 thousand 865 birr, with earnings per share recorded at 33.62 birr. We have also increased the number of shareholders from 7 to 1 thousand 799. Full-day General Meeting In addition, while we have carried out the legal main activities expected of a general meeting on the day, we have also organized an afternoon discussion forum for a special purpose to engage in extensive discussions with shareholders, so that shareholders can better understand their organization.We held an extensive discussion on the rights and roles of minority shareholders, as well as the challenges facing our company and the company's dreams. During the discussion, our company's shareholders raised additional questions, and extensive discussion and input was gathered. The reason why the General Assembly is unique is that it is the first time that our company has completely transformed from a private to a public entity, which makes it very different from other companies that have been organized by many people from the beginning. The second is that it is an unusual full-day discussion and an opportunity for a broad and open discussion with shareholders, and shareholders have encouraged this transparency and participation process.The members of the Board of Directors have also assured that they will continue to introduce new practices for which our company is known and will work to maintain a strong relationship with shareholders.