| Element List | Explanation |
|---|---|
| Introduction | - |
| City and Location of the General Assembly's Meeting | Through latest technology tools |
| Date of the General Assembly's Meeting | 2020-04-20 Corresponding to 1441-08-27 |
| Time of the General Assembly's Meeting | 19:15 |
| Percentage of Attending Shareholders | 26.35% |
| Names of the Board of Directors' Members Present at the General Assembly's Meeting and Names of the Absentees | the meeting has attened by: |
1- Eng. Mohammed Alkhalil (chairman of the Board)
2- Ahmed Alzaeem (Deputy chairman of the Board)
3- Dr. Suliman alhudhaif
4- Majid Alnufiee
5- Mazen Aljubair
6- Abdullah Aleyadhi
7- Ebrahim Alrashed
8- Yazeed Almuhaiza
9- Abdullah Aldawood
2- Dr. Suliman Alhudhaif (Chairman of The Nomination and Remuneration Committee)
3- Abdullah Aleyadhi (chairman of The Audit Committee)
2- Approval of the external auditor's report for the fiscal year ending in 31/12/2019
3- Approval of the financial statements for the fiscal year ending in 31/12/2019
4- Agreeing to appoint Mr. / Mohammed Al-Omari BDO Company as auditor for the company from among the candidates based on the recommendation of the audit committee, to examine, review and audit the financial statements for the second, third and third quarter of the fiscal year 2020 and the first quarter of the fiscal year 2021 AD and determine its fees.
5-Agreeing to absolve the members of the Board of Directors from liability for the fiscal year ending on 31/12/2019
6- Approval of the works and contracts concluded in the year 2019 AD between the company and the International Gulf Company for Contracting and Real Estate Investment Limited, in which a member of the Board of Directors Ahmed Samer Bin Hamdi Al-Zaeem (non-executive member) has an indirect interest in it (related party) as the nature of the contract is to provide travel services in the amount of 200 thousand riyals per month, given that there are no preferential conditions in the contract
7- Approval of the works and contracts concluded in the year 2019 between the company and the Riyadh Cable Company, in which a member of the Board of Directors Ahmed Samer bin Hamdi Al-Zaeem (a non-executive member) has an indirect interest in it (related party) as the nature of the contract is to provide travel services in the amount of 50 thousand riyals per month, knowing that there are no preferential terms in the contract
8- Approval of works and contracts concluded in the year 2019 AD between the company and the National Agricultural Development Company (Nadec) in which a member of the Board of Directors Mazen Ahmed Al-Jubeir (non-executive member) has an indirect interest in it (a related party) as the nature of the contract is to provide travel services in the amount of 600 thousand riyals Monthly knowing that there are no preferential terms in the contract
9- Approval of works and contracts concluded in 2019 between the company and the Riyadh Airports Company, in which a member of the Board of Directors Mazen Ahmed Al-Jubeir (a non-executive member) has an indirect interest in it (a related party) as the nature of the contract is to provide travel and tourism services with a value of 1,000,000 riyals, knowing that there is no Any preferential terms in the contract
10- Approval of delegating the Board of Directors the authority of the Ordinary General Assembly with the license mentioned in Paragraph (1) of Article 71 of the Companies Law for a period of one year from the date of approval of the General Assembly or until the end of the delegated Board session, whichever is earlier, according to the conditions mentioned in the regulatory controls and procedures issued in implementation for the corporate system of listed joint stock companies.
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