Armah Sports Co. Announces the Results of the Extraordinary General Assembly Meeting (First Meeting)
| Element List | Explanation |
|---|---|
| Introduction | Armah Sports Company (Armah) Announces the Results of the Shareholder Extraordinary General Assembly Meeting (First Meeting). |
| City and Location of the General Assembly's Meeting | The General Assembly meeting was held through modern technology. |
| Date of the General Assembly's Meeting | 2025-10-29 Corresponding to 1447-05-07 |
| Time of the General Assembly’s Meeting | 19:00 |
| Percentage of Attending Shareholders | 61.28% |
| Names of the Board of Directors' Members Present at the General Assembly's Meeting and Names of the Absentees | The meeting was attended by the following Board Members:
1. Mr. Fahad Ali Alhagbani - Vice Chairman. 2. Mr. Suliman Khalid Alkadi (Executive). 3. Mr. Abdulmalik Abdullah Alhagbani (Executive). 4. Dr. Asma Khalid Alkadi (Non- Executive). 5. Saad Mohammed Algheriri (Independent). 6. Amit Kapur (Independent). 7. Dag lee (Independent).
The following Board Members were unable to attend: 1. Mr. Abdulmohsen Ali Alhagbani - Chairman |
| Names of the Chairmen of the Committees Present at the General Assembly's Meeting or Members of such Committees Attending on Their Behalf | 1. Amit Kapur - Chairman of Audit committee.
2. Dag lee – Chairman of Nomination and Remuneration committee. |
| Voting Results on the Items of the General Assembly's Meeting Agenda's | Item (1): Approved the amendment of Article 4 of the Articles of Association related to the activities of the Company.
Item (2): Approved the amendment of Article 18 of the Articles of Association related to the powers of the Board. Item (3): Approved the amendment of Article 20 of the Articles of Association related to the powers of the Chairman, Vice Chairman, Managing Director and Board Secretary. Item (4): Approved the Corporate Social Responsibility Policy. Item (5): Approved the company’s competitive business standards. Item (6): Approved the amendment of the Audit Committee's charter. |
| Additional Information | NA |
| Attached Documents |  |
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