Development Works Food Co. Board invites its shareholders to attend the Ordinary General Assembly Meeting the (First Meeting)
| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of Development Works Food Co. is pleased to invite the honorable shareholders to participate and vote in the Ordinary General Assembly meeting (the first meeting), which will be held, God willing, at 19:30 on Wednesday 20-04-1446 corresponding to 23-10-2024 - via Modern technical means |
| City and Location of the General Assembly's Meeting | The company's main headquarters - Riyadh - using modern technology |
| Hyperlink of the Meeting Location | Click Here |
| Date of the General Assembly's Meeting | 2024-10-23 Corresponding to 1446-04-20 |
| Time of the General Assembly’s Meeting | 19:30 |
| Methodology of Convening the General Assembly’s Meeting | Via modern technology means |
| Attendance Eligibility, Registration Eligibility, and Voting End | The right to attend shall be for shareholders registered in the register of shareholders of the issuer at the Depository Center at the end of the trading session that precedes the general assembly meeting and by the rules and regulations. The shareholder has the right to delegate whomever he chooses from other than members of the company’s board of directors. The right to register attendance at the Assembly meeting ends at the time of the Assembly meeting, and the right to vote on the Assembly items for attendees ends when the sorting committee finishes counting the votes. |
| Quorum for Convening the General Assembly's Meeting | The general assembly (ordinary) meeting shall be valid if attended by shareholders representing at least a quarter of the capital. Suppose the quorum required to hold this meeting is not available. In that case, the second meeting shall be held one hour after the end of the period specified for having the first meeting, and the second meeting shall be valid regardless of the number of shares represented in it. |
| General Assembly Meeting Agenda | Voting on the election of the members of the Board of Directors from among the candidates for the next session, which starts on 30-10-2024 and its three years, ending on 29-10-2027 (attached is the candidates' curriculum vitae). |
| Proxy Form |  |
| The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right | Honorable shareholders have the right to discuss the topics included in the General Assembly’s agenda and direct questions to members of the Board of Directors, noting that voting in Tadawulaty services is available free of charge to all shareholders using the following link http://tadawulaty.com.sa |
| Details of the electronic voting on the Assembly’s agenda | Shareholders registered in Tadawulaty services will be able to vote electronically remotely on the assembly’s items starting at (1:00 AM) on Sunday 17-04-1446 corresponding to 20-10-2024 until the end of the assembly’s meeting time. Registration and voting in Tadawulaty services will be available and free to all. Contributors using the following link: www.tadawulaty.com.sa |
| Method of Communication in Case of Any Enquiries | In case of any inquiry, we hope to contact the Shareholder Relations Department on mobile number 0554875792 - or via e-mail at board@dwf.com.sa |
| 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.