Saudi Networkers Services Co. Board invites its shareholders to attend the Extraordinary General Assembly Meeting the (First Meeting)
| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of Saudi Networkers Services Co is pleased to invite its shareholders to participate and vote in the Extraordinary General Assembly meeting (the first meeting), which is scheduled to be held via modern technology, at (18:30) on Sunday 27/10/2024G Corresponding to 24/04/1446H. |
| City and Location of the General Assembly's Meeting | Company’s headquarters located in Riyadh by Means of Modern Technology. |
| Hyperlink of the Meeting Location | Click Here |
| Date of the General Assembly's Meeting | 2024-10-27 Corresponding to 1446-04-24 |
| Time of the General Assembly’s Meeting | 18:30 |
| Methodology of Convening the General Assembly’s Meeting | Via modern technology means |
| Attendance Eligibility, Registration Eligibility, and Voting End | Each shareholder registered in the shareholders register in the Securities Depository Center at the end of trading preceding prior to the Extraordinary Ordinary General Assembly Meeting, have the right to attend the Ordinary General Assembly Meeting thru as per the Laws and Regulations |
| Quorum for Convening the General Assembly's Meeting | In order for this assembly to be valid, a number of shareholders representing at least 50% of the capital is required. If such quorum is not available at the first meeting, a second meeting shall be held one hour after the end of the first meeting period. The second meeting shall be valid if attended by shareholders representing at least 25% of the company’s capital. |
| General Assembly Meeting Agenda | 1. Voting on the transfer of the statutory reserve balance amounting to SAR 11,213,169 (Eleven Million Two Hundred Thirteen Thousand One Hundred Sixty-Nine Saudi Riyals) as per the annual financial statements ended on 31/12/2023, to the retained earnings balance amounting to SAR 44,046,826 ( Forty-four million, forty-six thousand, eight hundred twenty-six Saudi Riyals) as per the financial statements for the first half ended 30/06/2024.
2. Voting on the amendment of the Corporate Governance Regulations (attached). 3. Voting on the amendment of the Audit Committee Regulations (attached). 4. Voting on the Nomination and Remuneration Committee Regulations (attached). 5. Voting on the Remuneration Policy for Board Members, Committees, and Executive Management (attached). 6. Voting on the Criteria and Procedures for Board Membership (attached). 7. Voting on the Controls and Standards for Competition for Board Members and their Committees (attached). |
| Proxy Form |  |
| The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right | Shareholders have the right to discuss the matters listed on the agenda of the General Assembly and raise relevant questions, noting that Voting is free of charge to all shareholders by using the following link:
www.tadawulaty.com.sa |
| Details of the electronic voting on the Assembly’s agenda | All shareholders registered in Tadawulaty service will be able to vote electronically on the Extraordinary General Assembly’s agenda. Electronic voting will start at [1]AM on [21]/[04]/1446H (corresponding to [24]/[10]/2024G). and will last until the end of the Extraordinary General assembly time. Please note that registration in Tadawulaty service and voting is free of charge for all Shareholders via: [www.tadawulaty.com.sa]. |
| Method of Communication in Case of Any Enquiries | For inquiries, please contact Investor Relations department:
- Email: [[email protected]] - Phone: [00966112939595] |
| Attached Documents | |
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