Allianz Saudi Fransi Cooperative Insurance Co. Announces the Results of the Extraordinary General Assembly Meeting (First Meeting)
| Element List | Explanation |
|---|---|
| Introduction | Allianz Saudi Fransi Cooperative Insurance Company announces the results of the Twenty-Fifth Extraordinary General Assembly meeting (the First meeting), which was held on Wednesday evening at 6:30 PM on 17/07/1444 corresponding to 08/02/2023 at the Company's headquarters - Riyadh - via modern technology tool, where the quorum for the meeting was completed at 65.96% of the shares represented in the company capital |
| City and Location of the General Assembly's Meeting | Company's headquarters - Riyadh - via modern technology tool |
| Date of the General Assembly's Meeting | 2023-02-08 Corresponding to 1444-07-17 |
| Time of the General Assembly's Meeting | 18:30 |
| Percentage of Attending Shareholders | 65.96% |
| 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) Eng. Al-Waleed Al-Dryyan (Chairman of the Board of Directors)
2) Mr. Anuj Agarwal (Chief Executive Officer and Member of the Board of Directors
3) Mr. Mohammed Amine Benabbou (Member of the Board of Directors and Chairman of the Executive Committee)
4) Dr. Abdullah Al-Husseini (Member of the Board of Directors and Chairman of the Nomination and Remuneration Committee)
5) Mr. Basel bin Jabr (Member of the Board of Directors and Chairman of the Audit Committee)
6) Mr. Adel Mallawi (Member of the Board of Directors and Chairman of the Investment Committee)
7) Mr. Osama AlSabeg (Member of the Board of Directors)
The following Directors apologized for not attending the meeting:
1) Mr. Bader AlSalloom (Vice Chairman of the Board of Directors)
2) Mr. Patrick Theils (Member of the Board of Directors and Chairman of the Risk Committee) |
| Names of the Chairmen of the Committees Present at the General Assembly's Meeting or Members of such Committees Attending on Their Behalf | 1) Mr. Mohammed Amine Benabbou (Chairman of the Executive Committee)
2) Dr. Abdullah Al-Husseini (Chairman of the Nomination and Remuneration Committee)
3) Mr. Basel bin Jabr (Chairman of the Audit Committee)
4) Mr. Adel Mallawi (Chairman of the Investment Committee) |
| Voting Results on the Items of the General Assembly's Meeting Agenda's | Approved the amendment of Article 11 of the company Bylaws, related to the Issuance of Shares |
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