Riyad Bank Announces the Results of the Extraordinary General Assembly Meeting, (First Meeting)
| Element List | Explanation |
|---|---|
| Introduction | Riyad Bank’s Board of Directors are pleased to announce the results of the Extraordinary General Assembly Meeting (First Meeting) |
| City and Location of the General Assembly's Meeting | Attendance in-person Riyad Bank Tower, KAFD, Al Aqeeq District, Riyadh City, and via modern technology means. |
| Date of the General Assembly's Meeting | 2025-10-28 Corresponding to 1447-05-06 |
| Time of the General Assembly’s Meeting | 19:00 |
| Percentage of Attending Shareholders | 76.45551% |
| Names of the Board of Directors' Members Present at the General Assembly's Meeting and Names of the Absentees | The following Board members have attended the meeting:
1-Eng. Abdullah Mohammed Al-Issa (Chairman of the Board) 2-Eng. Mutaz Kusai Al-Azzawi (Vice-Chairman of the Board) 3-Mr. Ibrahim Hassan Sharbatly 4-Mr. Jamal Abdulkarim Al-Rammah 5-Eng. Omar Hamad Almadhi 6-Ms. Mona Mohammed Al-Tawil 7-Mr. Hani Abdullah Al-Jehani 8-Mr. Nader Ibrahim Al-Wehibi 9-Eng. Abdulrahman Ismail Tarabzouni 10-Mr. Yasir Abdullah Al-Salman
No one was absent |
| Names of the Chairmen of the Committees Present at the General Assembly's Meeting or Members of such Committees Attending on Their Behalf | 1-Eng. Abdullah Mohammed Al-Issa (Chairman of the Board and Chairman of the Strategic Planning Group)
2-Eng. Mutaz Kusai Al-Azzawi (Vice-Chairman of the Board and Chairman of the Nominations & Compensations Committee) 3-Mr. Jamal Abdulkarim Al-Rammah (Chairman of the Audit Committee) 4-Mr. Nader Ibrahim Al-Wehibi (Chairman of the Executive Committee) 5-Mr. Hani Abdullah Al-Jehani (Chairman of the Risk Management Committee)
No one was absent |
| Voting Results on the Items of the General Assembly's Meeting Agenda's | 1.Approve on the amendment of Article (17) of the Bank's Bylaw Concerning the Management of the Company.
2.Approve on the election of the Board members among the candidates for the next term, which starts from October 31, 2025G and lasts for three years, ending on October 30, 2028G, the following members have been elected:
1- Mr. Ibrahim Hassan Sharbatly 2- Eng. Abdulrahman Ismail Tarabzouni 3- Eng. Abdullah Mohammed Al-Issa 4- Eng. Omar Hamad Almadhi 5- Eng. Mutaz Kusai Al-Azzawi 6- Dr. Mansoor Abdulaziz Almansoor 7- Ms. Mona Mohammed Al-Tawil 8- Mr. Hani Abdullah Al-Jehani 9- Mr. Yasir Abdullah Al-Salman
3.Approve on delegating the elected Board of Directors the authorization powers of the General Assembly stipulated in paragraph (1) of Article 27 of the Companies Law, for a period of one year starting from the date of the approval by the General Assembly or until the end of the delegated Board of Directors’ term, whichever is earlier, in accordance with the conditions outlined in the Implementing Regulation of the Companies Law for Listed Joint Stock Companies. |
| Additional Information | For any further inquiries, kindly contact the Shareholders Affairs During official working hours through phone: 0114013030 Ext: (6111) or by email at: [email protected] |
Comments