National Gypsum Co. Board invites its shareholders to attend the Ordinary General Assembly Meeting the (First Meeting)
| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of the National Gypsum Company is pleased to invite esteemed shareholders to participate and vote in the ordinary General Assembly Meeting (first meeting) scheduled to be held, God willing, (in person and via modern technology) at the company's headquarters in Riyadh on Prince Mohammed bin Abdulaziz Road, on Thursday, the 24th of Dhul-Qi'dah, 1446 AH, corresponding to May 22, 2025 AD, at 7:30 PM . |
| City and Location of the General Assembly's Meeting | company's headquarters in Riyadh, with its architecture located on Prince Muhammad bin Abdulaziz (Tahlia) Road through modern technological means . |
| Hyperlink of the Meeting Location | Click Here |
| Date of the General Assembly's Meeting | 2025-05-22 Corresponding to 1446-11-24 |
| Time of the General Assembly’s Meeting | 19:30 |
| Methodology of Convening the General Assembly’s Meeting | Attendance in-person and via modern technology means |
| Attendance Eligibility, Registration Eligibility, and Voting End | Shareholders who are registered in the issuers shareholders record at the Depositary Center by the end of the trade session prior to the general assembly meeting and in accordance with the laws and regulations. The shareholder has the right to delegate whomever other than the board of directors. The right to register a name to attend the general assembly meeting ends at the time of convening the general assembly meeting. The attendees right to vote on the items of the assembly’s agenda ends upon the end of screening the votes by the Screening Committee. |
| Quorum for Convening the General Assembly's Meeting | The validity of the meeting of the assembly requires the attendance of shareholders representing at least a quarter of the capital, and if the quorum is not completed to hold this meeting, the second meeting will be held an hour after the end of the period specified for the first meeting and the meeting shall be valid regardless of the number of shares represented in it. |
| General Assembly Meeting Agenda | 1- Review the Board of Directors' report for the financial year ending on December 31, 2024, and discuss it.
2- Voting on the company's auditor's report for the fiscal year ending on 31/12/2024 after discussion.
3. Reviewing and discussing the financial statements for the fiscal year ending on 31/12/2024.
4. Voting on the Clearance of the Board of Directors with respect to the management of the company for the year ended 31 December 2024.
5. Voting on the appointment of the company's auditor from among the candidates based on the recommendation of the audit committee, to examine, review, and audit the financial statements for the second, third, and fourth quarters and the annual report for the year 2025, and the first quarter of the fiscal year 2026, and to determine their fees.
6. Voting to elect board members from among the candidates for the upcoming term starting from 28-05-2025, lasting three Gregorian years, ending on 27-05-2028. (Attached are the candidates' resumes). |
| Proxy Form |  |
| The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right | Every shareholder has the right to discuss the topics listed on the agenda of the assembly and to ask questions, noting that voting in the Tadawulaty service is free for all shareholders using the following link: (http://tadawulaty.com.sa) |
| Details of the electronic voting on the Assembly’s agenda | registered shareholders in Tadawulaty services can vote remotely on the assembly items starting from 1:00 AM on Sunday, 18/5/2025, corresponding to 20 Dhu al-Qi'dah 1446 AH, and ending at the conclusion of the assembly |
| Method of Communication in Case of Any Enquiries | If you have Any inquiry related to the articles of the assembly please contact at 011/4641963 or via Email : ngc@gypsco.com.sa |
| Attached Documents | |
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