Nama Chemicals Co. Announces the Results of the Ordinary General Assembly Meeting, ( Second Meeting )
| Element List | Explanation |
|---|---|
| Introduction | Nama Chemicals Company announces the results of the Ordinary General Assembly meeting (the second meeting) due to the lack of a quorum in the first meeting, as the second meeting was held an hour after the first meeting as indicated in the invitation |
| City and Location of the General Assembly's Meeting | Jubail Industrial City - the company's headquarters (through modern technology) |
| Date of the General Assembly's Meeting | 2024-06-26 Corresponding to 1445-12-20 |
| Time of the General Assembly’s Meeting | 20:00 |
| Percentage of Attending Shareholders | 18.22% |
| Names of the Board of Directors' Members Present at the General Assembly's Meeting and Names of the Absentees | The meeting was attended by the following board members:
1.Eng. Hatem Hamad Al Suhaibani - Chairman of the Board of Directors 2. Eng. Abdullah Hajras Al-Subaiyal - Vice Chairman of the Board of Directors 3. Eng. Saeed Ahmed Bayounis - Member of the Board of Directors 4. Mr. Fahad Abdullah Al Khonaini - Member of the Board of Directors 5. Dr. Sulaiman Hamad Al Jedaie - Member of the Board of Directors 6. Eng. Abdullah Muhammad Al-Salem - Member of the Board of Directors & CEO
The following board members did not attend the meeting:
1. Mr. Fayez Ahmed Al-Ahmari - Member of the Board of Directors 2. Mr. Mohammed Azam Al Shouair - Member of the Board of Directors |
| Names of the Chairmen of the Committees Present at the General Assembly's Meeting or Members of such Committees Attending on Their Behalf | The meeting was attended by the following heads of committees:
1. Eng. Saeed Ahmed Bayounis (Chairman of the Nominations and Remuneration Committee). 2. Eng. Abdullah Hejres Al-Subayil (Chairman of the Executive Committee) 3. Mr. Ali Mohammed Al-Hudayf attended on behalf of (Chairman of the Audit Committee) Mr. Mohammed Azam Al Shouair. |
| Voting Results on the Items of the General Assembly's Meeting Agenda's | 1. The financial statements for the fiscal year ending 31/12/2023 have been reviewed and discussed.
2. Approval on the company auditor's report for the fiscal year that ended on 31/12/2023. 3. The Board of Directors' report for the fiscal year ending 31/12/2023 has been reviewed and discussed. 4. Approval on discharging the board of directors for the fiscal year ended 31/12/2023. 5. Approval of disbursing an amount of SAR 1,328,765 as reward to the members of the Board of Directors for the fiscal year ending 31 /12/2023. 6. Approving the appointment of auditors for the company’s (Al-Saleh and Al-Zoman and Al-Fahad- CPA) from among the candidates based on the recommendation of the Audit Committee, in order to examine, review and audit the financial statements for the second and third quarters and Annual of the fiscal year 2024 AD and the first quarter of the fiscal year 2025 AD, and determining its fees with the amount of SAR 865,000 excluding VAT. 7. Approval 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. 8- Approval 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. |
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