ALHASOOB Trading Company invites the shareholders to participate and vote in the first ordinary general assembly meeting (the first meeting) by means of modern technology using the trading system.
| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors ALHASOOB TRADING Company is pleased to invite the shareholders to attend the first ordinary general assembly ( first meeting ) It is scheduled at 06:30 PM on Thursday 24 Dhul Qi'dah1443 AH corresponding to 23 June, 2022 AD, which will be held on-line via modern technology using Tadawolaty system. |
| City and Location of the General Assembly's Meeting | At the company's main headquarters, Riyadh - Olaya Street - Al Namlah Building, Office No. 1 by means of modern technology |
| URL for the Meeting Location | www.tadawulaty.com.sa |
| Date of the General Assembly's Meeting | 2022-06-23 Corresponding to 1443-11-24 |
| Time of the General Assembly's Meeting | 18:30 |
| Attendance Eligibility | Shareholders Registered in the Issuer’s Shareholders Registry in the Depository Centre 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 | According to the text of Article 33 of the company's articles of association, the meeting of the ordinary general assembly is not valid unless it is attended by shareholders representing at least a 25% of the capital. |
| General Assembly Meeting Agenda | 1. Vote on the Board of Directors’ report for the fiscal year ending on 31/12/2021
2. Vote on the report of the Company’s auditor for the fiscal year ending on 31/12/2021.
3. Vote on the annual financial statements for the fiscal year ending on 31/12/2021.
4. Vote on the Audit Committee’s report for the financial year ending on 12/31/2021
5. Vote on the appointment of the Company’s auditor from among the candidates, based on the Audit Committee’s recommendation, to examine, review and audit the financial statements for Q2, annual statements for the fiscal year 2022, and determining their fees.
6. voting to approve the audit committee’s bylaws.
7. Vote on discharging the board members from liability for the fiscal year ending on 31/12/2021.
8. Vote on the payment of the amount (160,000)one hundred sixteen thousand riyals reward for board members for the fiscal year ended 31/12/2021.
9. Vote to authorize the Board of Directors to distribute interim dividends to shareholders on a semi-annual basis for the fiscal year 2022AD
10. Vote on delegating the Board of Directors to the authority of the Ordinary General Assembly with the authorization contained in Paragraph (1) of Article 71 of the Companies Law, for a period of one year from the date of approval of the General Assembly or until the end of the delegated Board of Directors session, whichever is earlier, in accordance with the conditions set forth in the controls and procedures Regulatory regulations issued in implementation of the Companies Law for Listed Shareholding Companies |
| Proxy Form |  |
| E-Vote | the valued shareholders registered on the Tadawulaty Services website will be able to vote remotely on the items on the assembly’s agenda starting from 10 am in the morning on Sunday 20/11/1443 AH corresponding to 19/06/2022 AD until the end of the time of the assembly. Note that registration and voting in Tadawulaty services is free for all shareholders using the following link: https://tadawulaty.com.sa |
| Eligibility for Attendance Registration and Voting | Eligibility for Registering the Attendance of the General Assembly’s Meeting Ends upon the Convenience of the General Assembly’s Meeting. Eligibility for Voting on the Business of the Meeting Agenda Ends upon the Counting Committee Concludes Counting the Votes |
| Method of Communication | For inquiries or questions regarding the meeting agenda, please contact the Investor
Relations Department:: moh@alhasoob.com |
| Attached Documents | |
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