Ladun Investment Company Announcement of the Results of the Ordinary General Assembly Meeting (First Meeting)
| Element List | Explanation |
|---|---|
| Introduction | Ladun Investment Company announces the results of the Ordinary General Assembly Meeting (First Meeting), which was held at 7:30 PM on Wednesday, September 17, 2025, via modern technology means (virtually). |
| City and Location of the General Assembly's Meeting | Riyadh - Via modern technology |
| Date of the General Assembly's Meeting | 2025-09-17 Corresponding to 1447-03-25 |
| Time of the General Assembly’s Meeting | 19:30 |
| Percentage of Attending Shareholders | 63.7% |
| Names of the Board of Directors' Members Present at the General Assembly's Meeting and Names of the Absentees | 1. Eng. Nasser Saad Saud Alarifi Chairman of Board of Directors.
2. Mr. Ibrahim Fahad Alassaf Deputy Chairman of Board. 3. Mr. Suliman Abdulaziz Albatli Managing Director. 4. Dr. Hassan Shawqi Alhazmi CEO and Board member. 5. Mr. Adel Abdulaziz Alabdulsalam Board member 6. Mr. Sultan Abdullatif Nuqali Board member. 7.Dr.Bandar Bin Barjas Alabdulakrim Board member |
| Names of the Chairmen of the Committees Present at the General Assembly's Meeting or Members of such Committees Attending on Their Behalf | Executive Committee:
Eng. Nasser bin Saad Al-Areefi
Audit Committee: Mr. Adel bin Abdulaziz Al-Abdulsalam
Nomination and Remuneration Committee: Mr. Sultan bin Abdullatif Naqli |
| Voting Results on the Items of the General Assembly's Meeting Agenda's | First: Approval of the election of the Board of Directors members from among the candidates for the upcoming term, which will commence on September 17, 2025, and will last for four years, ending on September 16, 2029. The elected members are:
Eng. Nasser bin Saad bin Saud Al-Arifi – Non-Executive
Mr. Sultan bin Abdulatif bin Abdullah Naqli – Independent
Mr. Suleiman bin Abdulaziz bin Nasser Al-Batli – Executive
Dr. Hassan bin Shawqi bin Ahmed Al-Hazmi – Executive
Prince Faisal bin Saad bin Saud bin Mohammed Al Saud – Non-Executive
Mr. Adel bin Abdulaziz bin Nasser Al-Abdulsalam – Independent
Dr. Bandar bin Burgess bin Humaidi Al-Abdulkareem – Independent
Second: Approval of the amendment to the Audit Committee Charter.
Third: Approval of the amendment to the Nomination and Remuneration Committee Charter.
Fourth: Approval of the amendment to the Remuneration Policy for the Board of Directors, its subcommittees, and the Executive Management.
Fifth: Approval of the adoption of the Policy on Standards and Controls for Competition. |
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