Nama Chemicals Co. announces to Invites its Shareholders to Attend the (First Meeting) Ordinary General Assembly Meeting through modern technology (REMOTELY)
| Element List | Explanation |
|---|---|
| Introduction | The Board of Nama Chemicals Co. is pleased to invite the honorable shareholders to participate in the meeting of the Ordinary General Assembly (the first meeting) which is scheduled to be held, God willing, on Wednesday 20/12/1445 AH corresponding to 26/06/2024 AD at 7:00 pm Through the means of modern technology using Tadawulaty system. |
| City and Location of the General Assembly's Meeting | Jubail Industrial City - the company's headquarters, through modern technology. (REMOTELY) |
| Hyperlink of the Meeting Location | Click Here |
| Date of the General Assembly's Meeting | 2024-06-26 Corresponding to 1445-12-20 |
| Time of the General Assembly’s Meeting | 19:00 |
| Methodology of Convening the General Assembly’s Meeting | Via modern technology means |
| Attendance Eligibility, Registration Eligibility, and Voting End | Shareholders who are registered in the issuers shareholders record at the Depositary Center by the end of the trade session prior to the general assembly meeting and in accordance with the laws and regulations. The shareholder has the right to delegate whomever other than the board of directors. The right to register a name to attend the general assembly meeting ends at the time of convening the general assembly meeting. The attendees right to vote on the items of the assembly’s agenda ends upon the end of screening the votes by the Screening Committee. |
| Quorum for Convening the General Assembly's Meeting | The Ordinary General Assembly meeting is valid if there are shareholders representing at least a quarter of the capital. If the quorum required for holding this meeting is not fulfilled, the second meeting will be held one hour after the end of the period specified for the first meeting, and the second meeting will be valid regardless of the number of shares represented in it. |
| General Assembly Meeting Agenda | 1. Review and discuss the financial statements for the fiscal year that ended 31/12/2023.
2. Voting on the auditor's report and discuss it for the fiscal year that ended on 31/12/2023 3. Review and discuss the report of the BOD for the fiscal year that ended 31/12/2023 4. Voting on absolving the board of directors from their liabilities pertaining to the management of the company for the fiscal year that ended 31/12/2023 5. Voting on the payment of SAR 1,328,765 as remuneration to the board of directors for the fiscal year that ended 31 /12/2023 6. Voting on the appointment of the external audit, for the company from nominees, and determine their fees based on the Audit Committee recommendation to the board of directors in this regard, to review and audit the company interim financial statements for the second, third and fourth quarters and full year of 2024, in addition to the interim financial statements for the first quarter of the year2025 7. Voting on the recommendation of the board of directors to appoint Eng. Hatem Hamad Al-Suhaibani as a member of the board of directors - an independent member starting from 22-06-2023 until the end of the current session on 16/02/2025, in place of the dismissed board member Mr. Haytham Faisal Oskoubi, the General Assembly on the 06/21/2022. ”CV attached 8- Voting on the recommendation of the board of directors to appoint Dr. Sulaiman Hamad Al Jedaie as a member of the board of directors - an independent member starting from 22-06-2023 until the end of the current session on 16/02/2025, in place of the dismissed board member Mr. Mohammed Zuhair Murad, from the General Assembly on the 06/21/2022. ”CV attached |
| Proxy Form |  |
| The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right | Shareholders who are registered in the company's shareholder registry at the Depository Center have the right to attend the general assembly meeting. They can attend the meeting at the end of the trading session preceding the assembly, as per the regulations and bylaws. The registration for attendance ends when the assembly begins. Shareholders' voting rights on the agenda items expire when the vote counting committee ends tallying the votes. Shareholders also have the right to discuss the agenda topics and ask their questions during the assembly |
| Details of the electronic voting on the Assembly’s agenda | The shareholders can remotely vote on the Extraordinary General Assembly Meeting’s agenda via E-voting service through Tadawulaty website: www.tadawulaty.com.sa
The registration in Tadawulaty service and voting is provided free of charge for all shareholders. The remote voting will start on Saturday 17/12/1445 A. H. corresponding to 23/06/2024 at (01:00) am, and the voting will end once the Ordinary General Meeting ended. |
| Method of Communication in Case of Any Enquiries | In case of any inquiry or questions, we hope to contact the Department of Governance, Compliance, and Investor Relations by phone 013585002 Ext 201 or by e-mail [email protected]
shareholders will be able to ask their questions during the meeting. |
| Attached Documents | |
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