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02 May 06:53 AM

Emaar The Economic City announces to Invites its Shareholders to Attend the ( First Meeting ) Extraordinary General Assembly Meeting

EMAAR EC 4220 -0.41% 7.29 -0.03
Element List Explanation
Introduction The Board of Directors of Emaar the Economic City is pleased to invite the shareholders to participate and vote in the Extraordinary General Assembly Meeting (the first meeting) which will be held at 7:30 pm on Monday 25/9/2023G, corresponding to 10/3/1445H through means of modern technology using Tadawulaty system.
City and Location of the General Assembly's Meeting Through modern technology at EEC's headquarter in KAEC – Rabigh.
URL for the Meeting Location https://www.tadawulaty.com.sa
Date of the General Assembly's Meeting 2023-09-25 Corresponding to 1445-03-10
Time of the General Assembly's Meeting 19:30
Attendance Eligibility 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.
Quorum for Convening the General Assembly's Meeting The Extraordinary General Meeting shall be valid only if attended by shareholders representing at least %50 of the Share Capital. If there is no quorum for this meeting, a second meeting shall be held one hour after the end of the duration of the first meeting, the second meeting shall be valid only if attended by shareholders representing at least 25% of the share capital.
General Assembly Meeting Agenda 1. Vote to elect the members of the Company’s Board of Directors for a new three-year term starting from 26/09/2022 and ending on 25/06/2026 (the CVs of the candidates are attached).

2. Voting on the decision of the Board of Directors for appointing Mr. Mansour Abdulrahman Al-Salem (Non-executive member) as a member in the Board of Directors from the appointment date 30/07/2023 to complete the session of the Board until the end of the current session on 25/09/2023 to succeed former member Mr. Abdullah Ibrahim Al-Howaish (Non-executive member). (CV attached)

3. Voting on the amendment to Article No. (3) of the company Bylaws which relating to Company’s Objectives. (attached)

4. Voting on the amendment to Article No. (4) of the company Bylaws which relating to Participation with other Companies. (attached)

5. Voting on the amendment to Article No. (6) of the company Bylaws which relating to Duration of the Company. (attached)

6. Voting on the amendment to Article No. (8) of the company Bylaws which relating to Subscription. (attached)

7. Voting on the amendment to Article No. (9) of the company Bylaws which relating to Preferred Shares. (attached)

8. Voting on the amendment to Article No. (10) of the company Bylaws which relating to Debt Instruments and Sukuk. (attached)

9. Voting on the amendment to Article No. (11) of the company Bylaws which relating to Non-Payment of Shares. (attached)

10. Voting on the amendment to Article No. (12) of the company Bylaws which relating to Issuance of Shares. (attached)

11. Voting on the amendment to Article No. (13) of the company Bylaws which relating to Shareholders Register and Transfer of Shares. (attached)

12. Voting on the amendment to Article No. (15) of the company Bylaws which relating to Increase of Capital. (attached)

13. Voting on the amendment to Article No. (20) of the company Bylaws which relating to Powers of the Board of Directors. (attached)

14. Voting on the amendment to Article No. (22) of the company Bylaws which relating to Powers of Chairman, Vice Chairman, Managing Directors, and Secretary. (attached)

15. Voting on the amendment to Article No. (25) of the company Bylaws which relating to Minutes and Deliberations of Meetings. (attached)

16. Voting on the amendment to Article No. (27) of the company Bylaws which relating to General Assembly Attendance. (attached)

17. Voting on the amendment to Article No. (29) of the company Bylaws which relating to Extraordinary General Assembly. (attached)

18. Voting on the amendment to Article No. (32) of the company Bylaws which relating to Quorum of Ordinary General Assembly. (attached)

19. Voting on the amendment to Article No. (33) of the company Bylaws which relating to Quorum of Extraordinary General Assembly. (attached)

20. Voting on the amendment to Article No. (34) of the company Bylaws which relating to Voting Rights. (attached)

21. Voting on the amendment to Article No. (35) of the company Bylaws which relating to General Assembly Resolutions. (attached)

22. Voting on the amendment to Article No. (36) of the company Bylaws which relating to Deliberations in General Assembly Meetings. (attached)

23. Voting on the amendment to Article No. (37) of the company Bylaws which relating to Proceedings of the General Assembly. (attached)

24. Voting on the amendment to Article No. (42) of the company Bylaws which relating to Appointment of Auditor. (attached)

25. Voting on the amendment to Article No. (43) of the company Bylaws which relating to Auditor Powers. (attached)

26. Voting on the amendment to Article No. (46) of the company Bylaws which relating to Financial Documents. (attached)

27. Voting on the amendment to Article No. (51) of the company Bylaws which relating to Liability Action. (attached)

28. Voting on the amendment to Article No. (53) of the company Bylaws which relating to Concluding Provisions. (attached)

29. Voting on the amendment to Article No. (54) of the company Bylaws which relating to Concluding Provisions. (attached)

30. Voting to amend the Articles of Association of the company to comply with the new Companies Law, and to rearrange the Articles of Association and their numbering to comply with the proposed amendments. (Attached)

Proxy Form
The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right. (Mentioning the E-Voting details, if any) Please note that the shareholders are able to electronically vote on agenda items through the services of Tadawulaty starting from Thursday 21/9/2023G corresponding to 6/3/1445H at 1:00 a.m. until the end of the Extraordinary General Assembly meeting, Shareholders have the right to discuss the topics on the agenda of the assembly and ask questions. The electronic voting mechanism is available with no cost for all shareholders through the following link:

https://www.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 In the event of an inquiry or questions, we hope to contact the Shareholders Relations Department by phone 0125106872 or via e-mail sha@kaec.net. Shareholders will be able to direct their questions during the General Assembly.
Attached Documents

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