Tanmiah Food Co. Board invites its shareholders to attend the Ordinary General Assembly Meeting the (First Meeting)
| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of Tanmiah Food Company is pleased to invite the company’s shareholders to participate in and vote in the (First Meeting) Ordinary General Assembly Meeting scheduled to be held, God willing, on Sunday, June 15, 2025, corresponding to 19 Dhul-Hijjah 1446 AH, at 7:15 p.m.
Please note that there will be a live video and audio broadcasting link for the Ordinary General Assembly through the Tadawulaty system (www.tadawulaty.com.sa ) |
| City and Location of the General Assembly's Meeting | Virtual Meeting – Company Headquarters – Riyadh – Al Rahmaniyah District- King Fahd Branch Road |
| Hyperlink of the Meeting Location | Click Here |
| Date of the General Assembly's Meeting | 2025-06-15 Corresponding to 1446-12-19 |
| Time of the General Assembly’s Meeting | 19:15 |
| 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 shareholder has the right to delegate whomever other than the board of directors. 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 meeting of the ordinary general assembly is valid if attended by shareholders representing at least a quarter of the share capital of the Company |
| General Assembly Meeting Agenda | 1. Viewing and discussing the Board of Directors’ report for the fiscal year ending on 31-12-2024G (attached)
2. Voting on the appointment of the Company’s Auditor from among the candidates recommended by the Audit Committee, to examine, review, and audit the financial statements for Q2 and Q3 of the fiscal year 2025, the annual financial statements for 2025, and Q1 of the fiscal year 2026, and to determine its fees.
3. Voting on the distribution of dividends to shareholders with a total amount of (44.8) million Saudi Riyals for the fiscal year ending on December 31, 2024, with (SAR 2.24) dividend per share and (22.4% Share Par Value) as the percentage of dividend, provided that the dividends eligibility is for the shareholders who own the Company's shares at the end of the trading day on the day of the general assembly and registered in the Company's register at the Securities Depository Center Company (Edaa) by the end of the second trading day following the eligibility date. The dividend distribution will commence on Monday, June 30, 2025 (Corresponding to 5 Muharram,1447 AH).
4. Voting on the transactions and contracts performed between the company and Dukkan LTD, in which two members of the Board of Directors, his excellency Mr. Amr Al-Dabbagh (Chairman of the board of Directors) and Mr. Jamal Al Dabbagh (Vice-chairman of the board of directors) in their personal capacity, The nature of the transaction is Sale of goods an open-ended contract that commenced on 2024, without preferential conditions, as they own a 20%. The transactions and contracts commenced in 2024 amounted to sixteen million, seven hundred forty thousand, eight hundred twenty-nine Saudi Riyals (SAR 16,740,829). (attached) |
| Proxy Form |  |
| The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right | Shareholders are entitled to discuss matters listed in the agenda of the General Assembly and raise relevant questions, noting that the voting is free of charge for all Shareholders via: tadawulaty.com.sa. |
| Details of the electronic voting on the Assembly’s agenda | Eligible shareholders can cast their votes remotely through the Tadawulaty platform. Voting will begin on Wednesday, June 11, 2025 (Corresponding to 15 Dhul-Hijjah 1446 AH) at 1:00 AM and will last until the end of the ordinary general assembly meeting.
Please note that registration for the Tadawulaty service and voting are free of charge for all shareholders. For more details, visit: tadawulaty.com.sa. |
| Method of Communication in Case of Any Enquiries | For any enquires please contact the Investor Relations department through: [email protected]
0114775192 |
| Attached Documents | |
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