The Board of Directors of Altharwah Albashariyyah Co. invites its shareholders to attend the Ordinary General Assembly Meeting (First Meeting) via modern technology means
| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of Altharwah Albashariyyah Co. is pleased to invite its esteemed shareholders to participate and vote in the Ordinary General Assembly Meeting (First Meeting), which is scheduled to be held via modern technology means, at (20:30) on Thursday, 23/12/1446H corresponding to 19/06/2025 |
| City and Location of the General Assembly's Meeting | At the company's headquarter located in Riyadh – Al Narjis District – Othman Bin Affan Road, via modern technology means |
| Hyperlink of the Meeting Location | Click Here |
| Date of the General Assembly's Meeting | 2025-06-19 Corresponding to 1446-12-23 |
| Time of the General Assembly’s Meeting | 20:30 |
| Methodology of Convening the General Assembly’s Meeting | Via modern technology means |
| Attendance Eligibility, Registration Eligibility, and Voting End | The right to attend the meeting is granted to shareholders registered in the Company’s shareholders register at the Securities Depository Center (Edaa) by the end of the trading session preceding the General Assembly Meeting, in accordance with the applicable laws and regulations. The right to register attendance at the General Assembly Meeting ends at the time of the meeting’s commencement, and the right to vote on the meeting’s agenda items for attendees ends when the vote counting committee concludes the vote count |
| Quorum for Convening the General Assembly's Meeting | In accordance with Article (38) of the Company’s Articles of Association, the Ordinary General Assembly Meeting shall only be valid if attended by shareholders representing at least half of the voting shares. If this quorum is not met in the first meeting, the second meeting shall be held one hour after the scheduled time of the first meeting. In all cases, the second meeting shall be deemed valid regardless of the number of voting shares represented therein |
| General Assembly Meeting Agenda | 1. Vote on the auditor’s report for the fiscal year ending on 31 December 2024 after discussing it.
2. Review and discuss the Board of Directors’ report for the fiscal year ending on 31 December 2024. 3. Review and discuss the company’s financial statements for the fiscal year ending on 31 December 2024. 4. Vote on the discharge of the Board of Directors’ members from liability for the fiscal year ending on 31 December 2024. 5. Vote on the appointment of the company’s external auditor from among the nominees, based on the recommendation of the Audit Committee, to examine, review, and audit the company’s annual financial statements for the year ending 31-12-2025 and the semi-annual financial statements for the period ending 30-06-2025, and to determine their fees. 6. Vote on authorizing the Board of Directors to distribute interim dividends (semi-annual or quarterly) to shareholders for the fiscal year ending 31 December 2025. 7. Vote on authorizing the Board of Directors with the powers of the Ordinary General Assembly as stipulated in paragraph (1) of Article 27 of the Companies Law, for a period of one year from the date of the General Assembly’s approval or until the end of the delegated Board term, whichever comes first, in accordance with the conditions set forth in the Implementing Regulations of the Companies Law for listed joint-stock companies. 8. Vote on allowing the Board Member, His Excellency Eng. Osama Abdulaziz Abdullah Al-Zamil, to participate in a business competing with the company’s business. (Attached) 9. Vote on the amendment of the Audit Committee Charter. (Attached) 10. Vote on the Policy of Standards and Controls for Competition. (Attached) |
| Proxy Form |  |
| The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right | Esteemed shareholders have the right to discuss the agenda items of the Ordinary General Assembly and raise questions. Please note that voting via Tadawulaty services is available free of charge to all shareholders through the following link: http://www.tadawulaty.com.sa |
| Details of the electronic voting on the Assembly’s agenda | Shareholders registered in Tadawulaty services may vote electronically on the assembly agenda items starting at 1:00 a.m. on Sunday, 19/12/1446H corresponding to 15/06/2025, and continuing until the end of the assembly meeting. Registration and voting through Tadawulaty services are available free of charge to all shareholders via the following link: www.tadawulaty.com.sa |
| Method of Communication in Case of Any Enquiries | We are pleased to receive your inquiries by contacting the Investor Relations Department through the following channels:
Phone: 920019590 Email: [email protected] |
| Attached Documents | |
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