Almarai Company Invites Its Shareholders to The Extraordinary General Assembly Meeting. (The First Meeting)
| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of Almarai Company, a Saudi Joint Stock Company, are pleased to invite the shareholders to the Extraordinary General Assembly Meeting, which will be held in Riyadh at the Crown Plaza Hotel – RDC- Siwar GF Hall (https://goo.gl/maps/xteQRjPbxsWsYzA96) on 19th May 2019 at 10:00 p.m. for the following agenda: |
| City and Location of the General Meeting | Riyadh at the Crown Plaza Hotel – RDC- Siwar GF Hall |
| Hyperlink of the meeting location | https://goo.gl/maps/xteQRjPbxsWsYzA96 |
| Date of the General Meeting | 2019-05-19 Corresponding to 1440-09-14 |
| Time of the General Meeting | 22:00 |
| shareholding Eligibility to attend general assembly meeting | Each shareholder who is registered in the Company's shareholders Book with Edaa at the end of the trading session prior to the Assembly meeting shall be entitled to attend the Assembly and according to the rules and regulations |
| Quorum as percentage of shareholding | The Extraordinary General Meeting of the General Assembly shall be held in the presence of shareholders representing half of the company's capital |
| General Meeting Agenda | 1- To elect members for the Board of Directors of Almarai Company for the new period of three years starting on 7th August 2019 and until 6th August 2022 (Attached Candidates CVs) |
2- To vote on the formation of the Audit Committee for new period (three years term) that starts on 7th August 2019 and ends 6th August 2022, and on its duties and internal regulations as well as on the remuneration of its members. Note that the candidates are as follows (Attached Candidates CVs):
A- Sulaiman N. Alhatlan
B- Sultan Al - Alsheikh
C- Abdulrahman Al Turaigi
D- Eid F. Al-Shamri
E- Raied Alsif
3- To vote on the amendments to be made on Article 3 of the Company’s Bylaws concerning the Objectives of the Company
Each shareholder has the right to attend the General Assembly Meeting, whether in person or by proxy, subject to presentation of corroborating evidence (Commercial Registration if the shareholder is a company) or a written power of an attorney endorsed by the Chamber of Commerce, a licensed bank or an Authorized Person in the Kingdom, provided that the authorizing shareholder holds an account with the attesting bank or Authorized Person, Notary public or Persons licensed for attesting. The Authorization could be to another shareholder, other than a member of the Board of Directors or employee of the Company, to attend on their behalf. The shareholder or its proxy must provide a copy of the proxy letter to the Company at least two days prior to the assembly meeting By hand the Company Head Office at North Ring, Exit 7, Riyadh or by email through the Investor Relation Department Email (investor.relations@almarai.com), and the proxy shall present the original proxy letter prior to the assembly meeting.
The shareholders who are registered in the Tadawulaty electronic trading services can remotely vote on the items of the Extraordinary General Assembly Meeting, through (electronic voting) service at (https://www.tadawulaty.com.sa) free of charge (voting and registration) noting that the remote voting will start at 10:00 AM on 15th May 2019, and continue until 04:00 PM on the day of the Meeting.
For any inquire please contact Investor Relations at:
P: +966 11 4700005 (7992, 7150, 7987)
F: +966 11 4701555
E: investor.relations@almarai.com
P.O.Box 8524 Riyadh 11492
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.