Emaar The Economic City Announces the Results of the Ordinary General Assembly Meeting, ( Second Meeting )
| Element List | Explanation |
|---|---|
| Introduction | Emaar The Economic City announces the results of the ordinary general assembly’s meeting (Second meeting) which held on Thursday 15 Ramadan 1444, corresponding to 6 April 2023 at 11 pm, that is due to lack of quorum in the first meeting. |
| City and Location of the General Assembly's Meeting | Through modern technology at EEC's headquarter in KAEC – Rabigh. |
| Date of the General Assembly's Meeting | 2023-04-06 Corresponding to 1444-09-15 |
| Time of the General Assembly's Meeting | 23:00 |
| Percentage of Attending Shareholders | 47% |
| Names of the Board of Directors' Members Present at the General Assembly's Meeting and Names of the Absentees | The following Board members attended the meeting:
1. Mr. Jamal Bin Theniyah (Vice Chairman). 2. Mr. Mohammed Hefni 3. Mr. Arif Al-Bastaki 4. Mr. Osama Barayan 5. Mr. Abdullah Al-Howaish 6. Mr. Hani Baothman 7. Mr. Naif Al-Hamdan 8. Mr. Qusai Al-Fakhri
Member(s) were not able to attend: 1. Mr. Fahad Al-Saif (Chairman). |
| 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 Chairmen’s attended the meeting:
1. Mr. Osama Barayan (Chairman of Audit Committee). 2. Mr. Arif Al-Bastaki (Chairman of Nomination and Remuneration Committee). 3. Mr. Mohammed Hefni (Chairman of Executive Committee). |
| Voting Results on the Items of the General Assembly's Meeting Agenda's | 1. Approve the decision of the Board of Directors for appointing Mr. Fahad Abduljalil Al-Saif (Non-executive member) as a member in the Board of Directors from the appointment date 16/06/2022 to complete the session of the Board until the end of the current session on 25/09/2023 to succeed former member Mr. Assim Mohammed Al-Suhaibani (Non-executive member).
2. Approve the decision of the Board of Directors for appointing Mr. Naif Saleh Al-Hamdan (Non-executive member) as a member in the Board of Directors from the appointment date 08/12/2022 to complete the session of the Board until the end of the current session on 25/09/2023 to succeed former member Mr. Majid Mohammed Al-Sorour (Non-executive member).
3. Approve the formation of the Audit Committee, and the definition of its duties, work regulations, and remunerations for its members for the new term, starting from 24/4/2023 until the end of the term on 23/04/2026. The following are the names of the candidate: - Mr. Osama Omar Barayan (Committee Chairman) - Mr. Mazen Nasser Al Sharfan - Mr. Abdulmajeed Sulaiman Aldakhil
4. Approve the updated Remuneration and Nomination Committee’s Charter. |
Comments