AXA Cooperative Insurance Co. announces to Invites its Shareholders to Attend the ( First Meeting ) Ordinary General Assembly Meeting through modern technology means
| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of AXA Cooperative Insurance Company is pleased to invite the Company’s shareholders to attend the Ordinary General Meeting (First Meeting) on Sunday 06:30 PM, in 16/01/2022 corresponding to 13/06/1443H via modern technology means provided by Tadawulaty platform, to support the preventive and precautionary efforts and measures by the competent and relevant health authorities to address the Coronavirus (COVID-19) and as an extension of the continuous efforts made by all government entities in the Kingdom of Saudi Arabia to take the necessary preventive measures to prevent the spread. |
| City and Location of the General Assembly's Meeting | The company Head quarter in Riyadh , King Abdullah Road |
| URL for the Meeting Location | www.tadawulaty.com.sa |
| Date of the General Assembly's Meeting | 2022-01-16 Corresponding to 1443-06-13 |
| Time of the General Assembly's Meeting | 18:30 |
| Attendance Eligibility | Shareholders Registered in the Issuer’s Shareholders Registry in the Depository Centre At the End of the Trading Session Preceding the General Assembly’s Meeting as per Laws and Regulations |
| Quorum for Convening the General Assembly's Meeting | The Ordinary General Assembly meeting (the first meeting) is valid if attended by shareholders representing at least a quarter of the capital. If the quorum required for holding this meeting is not available, the second meeting will be held one hour after the end of the period specified for the first meeting, and the second meeting will be valid regardless of the number of shares represented in it |
| General Assembly Meeting Agenda | 1. Voting on the Board’s resolution to appoint Mr. Osama Kamela Kishk as a Non- Executive board member starting from the date of his appointment on 06/09/2021 G. to complete the Board term until the end of the current term on 31/07/2024 G., succeeding the former member Mr. Nicolas De Nazelle Non- Executive board member. (CV attached) |
2. Voting on the Board’s resolution to appoint Mr. Bijan Khosrowshahi as a Non- Executive board member starting from the date of his appointment on 06/09/2021 G. to complete the Board term until the end of the current term on 31/07/2024 G., succeeding the former member Mr. Stephen Wagstaff Non- Executive board member. (CV attached)
3. Voting on the Board’s resolution to appoint Mr. Jean Cloutier as a Non- Executive board member starting from the date of his appointment on 06/09/2021 G. to complete the Board term until the end of the current term on 31/07/2024 G., succeeding the former member Mr. Ali Abdulla Kanoo Non- Executive board member. (CV attached)
4. Voting on the Board’s resolution to appoint Mr. Farid Saber as a Non- Executive board member starting from the date of his appointment on 06/09/2021 G. to complete the Board term until the end of the current term on 31/07/2024 G., succeeding the former member Mr. Matthieu Bebear Non- Executive board member. (CV attached)
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.