| Element List | Explanation |
|---|
| Introduction | The Board of Directors of Arabian Drilling invites the honorable shareholders to attend the Extraordinary General Assembly meeting (the first meeting) on Monday 18 Dhul al-hujah 1445 AH corresponding to 24th June 2024 at 7:00 pm, to discuss the agenda. |
| City and Location of the General Assembly's Meeting | Online |
The company's head office is in Al- Khobar city.
| Hyperlink of the Meeting Location | Click Here |
| Date of the General Assembly's Meeting | 2024-06-24 Corresponding to 1445-12-18 |
| Time of the General Assembly’s Meeting | 19:00 |
| Methodology of Convening the General Assembly’s Meeting | Via modern technology means |
| Attendance Eligibility, Registration Eligibility, and Voting End | Each shareholder who is registered in the company's shareholders register at the Depository Center (Edaa) has the right at the end of the trading session preceding the Extraordinary general assembly meeting, in accordance with the rules and regulations. Also, the eligibility to register attendance for the assembly meeting ends at the time of the assembly meeting, and the eligibility to vote on the items of the assembly for those present ends when the counting committee finishes counting the votes. |
| Quorum for Convening the General Assembly's Meeting | According to Article 34 of the company’s bylaws, the Extraordinary General Assembly meeting will be valid if attended by shareholders representing at least two-thirds of the capital, and if the necessary quorum is not available to held this meeting, the second meeting will be held one hour after the end of first meeting by a number of shareholders representing at least (25%) of the company’s capital. |
| General Assembly Meeting Agenda | attached |
| Proxy Form |  |
| The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right | Shareholders have the right to discuss topics on the assembly’s agenda and ask questions. Shareholders can vote remotely on the assembly’s agenda through the electronic voting service by visiting tadawulaty website: |
http://www.tadawulaty.com.sa
| Details of the electronic voting on the Assembly’s agenda | The shareholders registered on the Tadawulaty services website can vote online on the agenda of the General Assembly starting from 1:00 am on Thursday, 14 Dhu al-hujah 1445 AH corresponding to 20 June 2024 until the end of the General Assembly meeting on Monday 18 Dhu al- hujah 1445 AH corresponding to 24 June 2024 |
| Method of Communication in Case of Any Enquiries | In the event of an inquiry, we hope to contact the company's Investor Relations Department via: |
Phone: 966138297022
Email: ir@arabdrill.com
| Attached Documents | |
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.