The Board of Directors at Riyad Bank is pleased to invite its stakeholders for the Ordinary General Assembly (First Meeting) (Reminder)
| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors at Riyad Bank is pleased to invite the stakeholders for the Ordinary General Assembly (First Meeting) |
| City and Location of the General Assembly's Meeting | Hilton Riyadh –Eastern Ring Road - Hilton Grand Hall |
| URL for the Meeting Location | https://goo.gl/maps/N8DBZgU5LFM2 |
| Date of the General Assembly's Meeting | 2019-09-30 Corresponding to 1441-02-01 |
| Time of the General Assembly's Meeting | 18:30 |
| Attendance Eligibility | Shareholders registered in the Issuer’s Shareholders Registry in the Depository Center (Edaa) At the end of the trading session preceding the General Assembly’s Meeting as per Laws and Regulations |
| Quorum for Convening the General Assembly's Meeting | As per Article (30) of the Bank’s bylaw, the Ordinary General Meeting of the General Assembly shall be held in the presence of shareholders representing one quarter of the Bank’s capital
In case, the legal quorum of the first meeting is not met, the second meeting shall be held one hour after the end of the period specified for the first meeting and the second meeting shall be effective regardless of the percentage of shareholding represented. |
| General Assembly Meeting Agenda | 1-To elect members for the Board of Directors of Riyad Bank for the new period of three years starting on 31.10.2019 until 30.10.2022 (Attached Candidates CVs)
2-To vote on the formation of the Audit Committee for the next three years starting from 31.10.2019 until 30.10.2022, and on its duties and internal regulations as well as on the remuneration of its members. Note that the candidates are as follows (Attached Candidates CVs):
A. Jamal Abdulkarim bin Abdulkarim Al-Ramah. B. Tariq Abdullah Hamad Al –Qarawi. C. Abdulraouf Sulaiman Banaja. D. Abdulaziz Abdullah Al-Duailej. E. Mohammad Omair Ayedh Al-Otaibi. |
| Proxy Form |  |
| E-Vote | The shareholders who are registered in the Tadawulaty electronic trading services can remotely vote on the items of the Extraordinary General Assembly Meeting, through (electronic voting) service at (https://www.tadawulaty.com.sa) free of charge (voting and registration) noting that the remote voting started at 10:00 AM on 26.09.2019, and continue until 04:00 PM on the day of the Meeting. |
| Eligibility for Attendance Registration and Voting | Eligibility for registering in the General Assembly Meeting ends upon the Convenience of the General Assembly’s Meeting. Eligibility for Voting on the Business of the Meeting Agenda ends upon concluding the counting of the votes by the Counting Committee. |
| Method of Communication | Investor Relations Department by Phone No.0114013030 Ext. (2445) or (2499) during the working hours of the Bank or via the email: [email protected] |
| Additional Information | All information related to the above items are available in the investor relations department at the Bank Headquarters and the Bank's website.
The shareholder may delegate another person on their behalf who is not a member of the Board of Directors or the bank's employees or anyone who is permanently assigned to a technical or administrative work to the bank to attend the Meeting and vote on the agenda items in accordance with the power of attorney (attached), provided that such power of attorney shall be authenticated by the Chambers of Industry and Commerce, a licensed bank, authorized persons, or notaries, or the authorized persons to practice documentation work. |
| Attached Documents |
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