CHUBB Arabia Cooperative Insurance Co. Announces the Results of the Extraordinary General Assembly Meeting, ( First Meeting )
| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of Chubb Arabia Cooperative Insurance is pleased to announce the results of the Extraordinary General Assembly (first meeting), which was held at 8:30 pm on Thursday 16/07/1446 AH corresponding to 16/01/2025 AD, remotely by means of contemporary technology using Tadawulaty platform. |
| City and Location of the General Assembly's Meeting | Through modern technology means from the Company’s office in Khobar City (using Tadawulaty platform) |
| Date of the General Assembly's Meeting | 2025-01-16 Corresponding to 1446-07-16 |
| Time of the General Assembly’s Meeting | 20:30 |
| Percentage of Attending Shareholders | 61.34 |
| Names of the Board of Directors' Members Present at the General Assembly's Meeting and Names of the Absentees | Attendance:
1- Mr. Serge Michel Osouf (Chairman of the Board) 2- Mr. Stephen Brian Dixon (Vice Chairman) 3- Mr. Abdulaziz bin Abdul-Karim Elkhereji 4- Mr. Giles Richard Ward 5- Mr. Christine Raymond Mounis 6- Mr. Wahdan Bin Sulaiman Alkadi 7- Eng. Hisham bin Abdulrahman El-khereji 8- Mr. Mohammed bin Abdul-Karim Al-khereji 9- Mr. Nikolay Vyacheslav Dmitriev
Absent:
N/A |
| Names of the Chairmen of the Committees Present at the General Assembly's Meeting or Members of such Committees Attending on Their Behalf | attended:
1- Mr. Mr. Abdulaziz bin Abdul-Karim Al-Khereijii (Chairman of the Executive Committee) 2- Mr. Mohammad Akeel Alshaya (Chairman of the Audit Committee) 3- Mr. Wahdan bin Sulaiman Alkadi (Chairman of the Nominations and Remuneration Committee) 4- Mr. Christine Raymond Mounis (Chairman of the Risk Committee) 5- Mr. Mr. Mohammed bin Abdul-Karim Al-khereiji (Chairman of the Investment Committee) |
| Voting Results on the Items of the General Assembly's Meeting Agenda's | 1. Approval on amending the company’s bylaws in accordance with the new Companies Law, and rearranging and numbering the bylaws’ articles to comply with the proposed amendments.
2. Approval on amending Article No. (1) of Company’s bylaws related to the (Incorporation). 3. Approval on amending Article No. (3) of Company’s bylaws related to the (Company Purposes). 4. Approval on amending Article No. (4) of Company’s bylaws related to the (Engagement and Equity in Companies). 5. Approval on amending Article No. (5) of Company’s bylaws related to the (Company Headquarters). 6. Approval on amending Article No. (7) of Company’s bylaws related to the (Company Investment). 7. Approval on amending Article No. (8) of Company’s bylaws related to the (Capital). 8. Approval on amending Article No. (9) of Company’s bylaws related to the (Shares Subscription). 9.Approval on deleting Article No. (10) of Company’s bylaws related to the (Shareholders Register). 10. Approval on amending Article No. (12) of Company’s bylaws related to the (Company Purchase sale and mortgage of shares). 11. Approval on amending Article No. (14) of Company’s bylaws related to the (Capital Increase). 12. Approval on amending Article No. (15) of Company’s bylaws related to the (Capital Reduction). 13. Approval on amending Article No. (16) of Company’s bylaws related to the (Company Management). 14. Approval on amending Article No. (17) of Company’s bylaws related to the (Termination of the BOD Membership). 15. Approval on amending Article No. (18) of Company’s bylaws related to the (The vacant Position in Board). 16. Approval on amending Article No. (19) of Company’s bylaws related to the (Powers of the Board). 17. Approval on amending Article No. (21) of Company’s bylaws related to the (Powers of the Chairman, Vice Chairman, Managing Director and Secretary). 18. Approval on amending Article No. (22) of Company’s bylaws related to the (BOD Meetings). 19. Approval on amending Article No. (23) of Company’s bylaws related to the (The BOD Meeting Quorum). 20. Approval on amending Article No. (24) of Company’s bylaws related to the (BOD Deliberations). 21. Approval on amending Article No. (25) of Company’s bylaws related to the (Agreements and Contracts). 22. Approval on amending Article No. (26) of Company’s bylaws related to the (Attending Assemblies). 23. Approval on deleting Article No. (27) of Company’s bylaws related to the (Incorporation). 24. Approval on deleting Article No. (28) of Company’s bylaws related to the (Functions of the Constituent Assembly). 25. Approval on amending Article No. (29) of Company’s bylaws related to the (Term of Reference of the Ordinary General Assembly). 26. Approval on amending Article No. (31) of Company’s bylaws related to the (Invitation to assemblies). 27. Approval on amending Article No. (33) of Company’s bylaws related to the (Quorum of the Ordinary General Assembly Meeting). 28. Approval on amending Article No. (34) of Company’s bylaws related to the (Quorum for the Extraordinary General Assembly Meeting). 29. Approval on amending Article No. (35) of Company’s bylaws related to the (Voting in assemblies). 30. Approval on amending Article No. (36) of Company’s bylaws related to the (Assemblies Decisions). 31. Approval on amending Article No. (38) of Company’s bylaws related to the (Presiding Over Assemblies and Preparing Records). 32. Approval on amending Article No. (40) of Company’s bylaws related to the (Appointment of the Auditor's). 33. Approval on amending Article No. (41) of Company’s bylaws related to the (Auditor's Powers). 34. Approval on amending Article No. (44) of Company’s bylaws related to the (Financial Documents). 35. Approval on amending Article No. (48) of Company’s bylaws related to the (Company Losses). 36. Approval on amending Article No. (51) of Company’s bylaws related to the (Expiration of the Company). 37. Approval on amending Article No. (52) of Company’s bylaws related to the (Company law). 38. Approval on amending Article No. (53) of Company’s bylaws related to the (Publication). 39. Approval on the adding article No (27) in the company's bylaws related to (liability claim). 40. Approval on the adding article(28) in the company's bylaws related to (issuing decisions of the board in urgent matters). |
| Additional Information | If there are any inquiries please contact Investor Relations at:
Tel: 0138047662
E-mail : Compliance.ksa@chubb.com.sa |
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