Amana Cooperative Insurance Co. Announces the Results of the Ordinary General Assembly Meeting (Second Meeting)
| Element List | Explanation |
|---|---|
| Introduction | Amana Cooperative Insurance Co. announces the results of the Ordinary General Assembly meeting (second meeting) due to the lack of a quorum in the first meeting. The second meeting was held one hour after the first meeting, which achieved the necessary quorum for its convening, through modern technology using the Tadawulati system. |
| City and Location of the General Assembly's Meeting | Via modern technology (remotely) |
| Date of the General Assembly's Meeting | 2025-11-03 Corresponding to 1447-05-12 |
| Time of the General Assembly’s Meeting | 19:30 |
| Percentage of Attending Shareholders | 14.24% |
| Names of the Board of Directors' Members Present at the General Assembly's Meeting and Names of the Absentees | The following Board members attended the General Assembly meeting:
1- Dr. Abdullah Othman Al-Musa (Chairman of the Board of Directors) 2- Mr. Tariq Abdullah Al-Garaawy (Vice Chairman of the Board of Directors) 3- Mr. Abdulrahman Abdullah Al-Sakran (Board Member) 4- Mr. Naif Faisal Al-Sudairy (Board Member) 5- Mr. Hassan Romaih Al-Zahrani (Board Member) 6- Mr. Bashar Talal Kayali (Board Member) 7- Mr. Rachid Salim Abi Nader (Board Member) |
| Names of the Chairmen of the Committees Present at the General Assembly's Meeting or Members of such Committees Attending on Their Behalf | 1- Mr. Tariq Abdullah Al-Garaawy (Chairman of the Executive Committee)
2- Mr. Abdulrahman Abdullah Al-Sakran (Chairman of the Risk Committee) 3- Mr. Hassan Romaih Al-Zahrani (Chairman of the NRC) 4- Mr. Bashar Talal Kayali (Chairman of the Audit Committee) 5- Mr. Rachid Salim Abi Nader (Chairman of the Investment Committee) |
| Voting Results on the Items of the General Assembly's Meeting Agenda's | 1- Approval of the election of the Board of Directors members from among the candidates for the next term, which begins on 09/11/2025 and lasts for four years, ending on 08/11/2029. The following members were elected:
1) Abdullah Othman Ali Al-Mousa - Non-Executive Member
2) Tariq Abdullah Hamad Al-Garaawy - Independent Member
3) Naif Faisal Abdulrahman Al-Sudairy - Non-Executive Member
4) Pierre Michel Michel Pharaon - Non-Executive Member
5) Hassan Romaih Eidha Al-Zahrani - Independent Member
6) Bashar Talal Mousa Kayali - Independent Member
7) Khalid Abdulrahman Ali Al-Khudairi - Independent Member
2- Approval to authorize the elected Board of Directors with the powers of the Ordinary General Assembly to grant the license stipulated in Paragraph (1) of Article Twenty-Seven of the Companies Law, for a period of one year from the date of approval by the General Assembly or until the end of the term of the authorized Board of Directors, whichever is earlier, in accordance with the conditions stipulated in the Implementing Regulations of the Companies Law pertaining to listed joint-stock companies. |
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