Bank AlJazira Announces the Results of the Extraordinary General Assembly Meeting No. 68 Which Included Approval to Increase the Bank’s Capital (the Second Meeting)
| Element List | Explanation |
|---|---|
| Introduction | Bank AlJazira Board of Directors is pleased to announce the results of the Extraordinary General Assembly Meeting No. 68 (the Second Meeting) which was convened at 8:30 PM on Monday 28/04/2025, corresponding 30/10/1446H, through means of modern technology, and that was after one (1) hour of the scheduled time for the first meeting, due to the non-completion of the quorum at the first meeting, as the attendance percentage in the first meeting was 46.28% of the shares representing the capital. |
| City and Location of the Extraordinary General Assembly's Meeting | The General Assembly was held at the Bank's Central Regional Building, Riyadh City, through modern technology means using the Tadawulaty system. |
| Date of the Extraordinary General Assembly's Meeting | 2025-04-28 Corresponding to 1446-10-30 |
| Time of the General Assembly’s Meeting | 20:30 |
| Percentage of Attending Shareholders | 46.30% |
| 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 AGM meeting:
1. Eng. Abdulmajeed Ibrahim AlSultan (Chairman of the Board) 2. Eng. Mohammed Saad Bindawood (Vice Chairman) 3. Mr. Naif Abdulkareem AlAbdulkareem (Managing Director and Chief Executive Officer) 4. Mr. Ibrahim Abdulaziz AlShaia 5. Mr. Abdulaziz Muteb AlRasheed 6. Mr. Mohammed Abdulkrem Al Nafea 7. Mr. Saad Ibrahim AlMushawah 8. Mr. Abdulmohsen Mohammed AlSheikh
Apology was received from the following member of the Board of Directors of the Bank: 1. Mr. Sultan Abdulaziz AlHamidi |
| Names of the Chairmen of the Committees Present at the General Assembly's Meeting or Names of Those Attending on their Behalf | 1. Eng. Abdulmajeed Ibrahim AlSultan (Chairman of the Executive Committee) & (Chairman of the Sustainability and Social Responsibility Committee)
2. Mr. Saad Ibrahim AlMushawah (Chairman of the Audit Committee) & (Chairman of the Nomination and Remuneration Committee) 3. Mr. Mohammed Abdulkrem Al Nafea (Chairman of the Risk Committee) |
| Voting Results on the Items of the General Assembly's Meeting Agenda's | Attached |
| Additional Information | None |
| Attached Documents |  |
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