Bank Albilad invites its Shareholders to attend the Extraordinary General Assembly by Means of Modern Technology (First Meeting)
| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors is pleased to invite the Bank’s shareholders to participate and vote in the Extraordinary General Assembly Meeting (First Meeting) to be held, at 07:00 pm on Tuesday 15-04-1447H corresponding to 7-10-2025G, at the Bank's Head Office in Riyadh by means of modern technology. |
| City and Location of the General Assembly's Meeting | Riyadh- by means of modern technology |
| Hyperlink of the Meeting Location | Click Here |
| Date of the General Assembly's Meeting | 2025-10-07 Corresponding to 1447-04-15 |
| Time of the General Assembly’s Meeting | 19:00 |
| Methodology of Convening the General Assembly’s Meeting | Via modern technology means |
| Attendance Eligibility, Registration Eligibility, and Voting End | Each shareholder registered in the bank's shareholder register at the Securities Depository Center (Edaa) by the end of the trading session preceding the General Assembly meeting is entitled to attend the meeting in accordance with the applicable laws and regulations. The shareholder has the right to delegate whomever other than the members of the board of directors. The right to register attendance for the General Assembly meeting ends at the time of the meeting’s commencement. Additionally, the right to vote on the agenda items for attendees expires once the ballot counting committee completes the vote counting process. |
| 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 capital. In the event that the legal quorum is not met in the first meeting, a second meeting will be held one hour after the scheduled time of the first meeting. The second meeting shall be considered valid if attended by shareholders representing at least one-quarter of the capital. |
| General Assembly Meeting Agenda | 1) Voting on the Board of Directors’ recommendation to purchase a number of the Bank’s shares, with a maximum of (10,000,000) shares, for the purpose of allocating them to the Employee Shares Program and authorized the Board of Directors to complete the purchase within a maximum period of (18) months from the date of the Extraordinary General Assembly’s resolution. The purchase will be financed through the Bank’s own resources and the Bank shall retain the purchased shares for a period not exceeding (10) years from the date of the Extraordinary General Assembly’s resolution, as a maximum, until they are allocated to eligible employees. Upon the expiration of this period, the Bank shall follow the procedures and regulations stipulated in the relevant laws and regulations. (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 topics listed on the General Assembly's agenda and to raise questions. Additionally, shareholders registered in the Tadawulaty services can vote electronically on the assembly's agenda items remotely. |
| Details of the electronic voting on the Assembly’s agenda | Shareholders registered in Tadawulaty services can vote electronically on the General Assembly’s agenda items remotely, starting from 1:00 AM on Friday, 11 Rabiʽ al-thani 1447H (according to the Umm Al-Qura calendar), corresponding to October 3, 2025, until the end of the assembly meeting. Registration and voting through Tadawulaty services will be available and free of charge for all shareholders via the following link:
https://login.tadawulaty.com.sa/ir/user/login.xhtml |
| Method of Communication in Case of Any Enquiries | Please be informed that the General Assembly meeting will be broadcast live through the link available on the Tadawulaty system. Shareholders will also have the opportunity to submit their questions and inquiries during the meeting.
For any inquiries, please contact Investor Relations during the business hours through: Phone: +966 11 479 8585 Email: [email protected] |
| Attached Documents | |
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