Al Alamiya for Cooperative Insurance Company announces the results of the Ordinary General Assembly meeting held at 11 pm on Tuesday 21/09/1439H corresponding to 05/06/2018G at Narcissus Hotel & Residence Riyadh. After completing the statutory quorum with 70.37% attendance. Resolutions of the meeting were as follows:

1) Approval of the Board of Directors Report for the year ended 31/12/2017G.
2) Approval of the External Auditors Report on the Financial Statements for the year ended 31/12/2017G.
3) Approval of the audited financial statements for the year ended 31/12/2017G.
4) Approval of the appointment of the external auditors recommended by the Audit Committee to audit the Companys annual financial statements for 2018 and the review of 4 quarterly financial statements (quarter 2, quarter 3, quarter 4 of 2018 and the 1st quarter of 2019) financial statements and their remuneration.
5) Approval of the transactions and contracts to be made between the Company and the Board of Directors having a direct/ indirect interest and renew it for a further year. (Refer to the attachment items 5 to 13)
14) Approval of the discharge the Directors from their liabilities for the financial period ended on 31/12/2017G.
15) Approval of a total amount of SR 477,678 for the remuneration of the Members of the Board of Directors on the year ended 31/12/2017G in accordance with article 19 of the Company articles of association.