Electrical Industries Co. Announces the Results of the Ordinary General Assembly Meeting, ( First Meeting )
| Element List | Explanation |
|---|---|
| Introduction | Electrical Industries Company is pleased to announce the results of the Ordinary General Assembly meeting (First meeting). |
| City and Location of the General Assembly's Meeting | EIC Head office in Dammam - Via modern technology means |
| Date of the General Assembly's Meeting | 2024-12-04 Corresponding to 1446-06-03 |
| Time of the General Assembly’s Meeting | 18:30 |
| Percentage of Attending Shareholders | %67.23 |
| Names of the Board of Directors' Members Present at the General Assembly's Meeting and Names of the Absentees | The following Board Members attended the meeting:
1-Mr. Yousef Ali ALQuraishi – Chairman of the Board 2-Eng. Mahmoud Mohamed ALToukhi – Vice Chairman 3-Mr. Faisal Saleh ALQuraishi 4-Mr. Fahad Saad ALTuwaijri 5-Mr. Bader Brahim ALSuwailem 6-Mr. Jameel Abdullah ALMolhem 7-Mr. Sattam Abdulaziz ALZamil 8-Eng. Tariq Mohammed AL Tahini - Managing Director |
| Names of the Chairmen of the Committees Present at the General Assembly's Meeting or Members of such Committees Attending on Their Behalf | The following Committees’ Chairmen attended the meeting:
1-Mr.Bader Brahim ALSwailem- Chairman of Audit Committee 2-Mr.Jameel Abdullah ALMolhem - Chairman of Nomination & Remuneration Committee. |
| Voting Results on the Items of the General Assembly's Meeting Agenda's | 1-Approve the election of members of the board of directors from among the candidates for the next term starting from 9 December 2024, for a period of four years, ending on 8 December 2028. They are:
- Mr. Sattam Abdulaziz ALZamil - Mr. Bader Brahim ALSuwailem - Mr. Jameel Abdullah ALMolhem - Mr. Faisal Saleh ALQuraishi - Eng. Tariq Mohammed ALTahini - Eng. Mahmoud Mohamed ALToukhi - Mr. Yousef Ali ALQuraishi - Mr. Fahad Saad ALTuwaijri - Eng. Khalid Sulaiman ALHarbi 2-Approve the dividends distribution policy for the next three years, starting from the second half of year2024 and ending on the first half of year2027. |
| Additional Information | None |
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