National Gas and Industrialization Co. Board invites its shareholders to attend the Extraordinary General Assembly Meeting the (First Meeting)
| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of National Gas and Industrialization Company is pleased to invite the shareholders to participate and vote in the Extraordinary General Assembly Meeting (First Meeting), which is scheduled to be held through modern technology means, on Tuesday 13/05/1447H corresponding to 04/11/2025G at 7:30 pm. |
| City and Location of the General Assembly's Meeting | The Company's headquarters in Riyadh (remotely via modern technology means). |
| Hyperlink of the Meeting Location | Click Here |
| Date of the General Assembly's Meeting | 2025-11-04 Corresponding to 1447-05-13 |
| Time of the General Assembly’s Meeting | 19:30 |
| Methodology of Convening the General Assembly’s Meeting | Via modern technology means |
| Attendance Eligibility, Registration Eligibility, and Voting End | 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 right to register a name to attend the general assembly meeting ends at the time of convening the general assembly meeting. The attendees right to vote on the items of the assembly’s agenda ends upon the end of screening the votes by the Screening Committee. |
| Quorum for Convening the General Assembly's Meeting | The Extraordinary General Assembly Meeting shall be valid if attended by shareholders representing at least half of the shares with voting rights in the Company. In the event that the required quorum for holding this meeting is not met, a second meeting shall be held one hour after the time set for the first meeting. The second meeting shall be valid if attended by shareholders representing at least one-quarter of the shares with voting rights in the Company. |
| General Assembly Meeting Agenda | 1) Vote on converting the legal entity of the Company into a holding company (Attached).
2) Vote on the amendment of Article (3) of the Company’s Bylaws related to the Company’s objectives (Attached) 3) Vote on the amendment of Article (8) of the Company’s Bylaws related to the management of the Company (Attached). 4) Vote on the election of the members of the Board of Directors for the new term, which shall commence on 29/11/2025G for a period of four (4) years and will end on 28/11/2029G, in accordance with the list of candidates (the CVs of the candidates are attached), based on the results of item (3). 5) Vote on authorizing the Board of Directors for the new term commencing on 29/11/2025G with the powers of the Ordinary General Assembly as stated in paragraph (1) of Article (27) of the Companies Law, for a period of one (1) year from the date of the approval of the General Assembly or until the end of the delegated Board’s term, whichever is earlier, in accordance with the conditions stated in the Implementing Regulations of the Companies Law for Listed Joint Stock Companies. |
| Proxy Form |  |
| The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right | Shareholders are entitled to discuss the items on the agenda of the General Assembly and raise questions, Electronic voting via Tadawulaty services will be available free of charge for all shareholders through the following link: http://tadawulaty.com.sa |
| Details of the electronic voting on the Assembly’s agenda | Shareholders who are registered in Tadawulaty services will be able to remotely vote on the items of the General Assembly starting from 01:00 am on Friday 09/05/1447H (corresponding to 31/10/2025G) until the end of the time of the General Assembly Meeting. Registration and voting via Tadawulaty services will be available free of charge for all shareholders through the following link: https://login.tadawulaty.com.sa |
| Method of Communication in Case of Any Enquiries | For any inquiries, you may contact the Investor Relations:
Mobile: 0533669305 Email: [email protected] |
| Additional Information | Shareholders registered in Tadawulaty services will be notified via SMS explaining the procedure for participation in the deliberations of the Extraordinary General Assembly Meeting. Shareholders’ questions and inquiries will also be received before and during the meeting through the following email: [email protected] |
| Attached Documents | |
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