Arabian Drilling invites its shareholders to attend the Ordinary General Assembly Meeting (First Meeting) via modern technology means.
| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of Arabian Drilling is pleased to invite respected shareholders to participate and vote in the Ordinary General Assembly Meeting (First Meeting) scheduled to be held remotely via modern technology on Wednesday, 1 Dhul Hijjah 1446 H, corresponding to May 28, 2025, at 6:30 PM Saudi time, to discuss the enclosed agenda. |
| City and Location of the General Assembly's Meeting | The meeting will be held virtually at the Company's head office in AlKhobar city, KSA. |
| Hyperlink of the Meeting Location | Click Here |
| Date of the General Assembly's Meeting | 2025-05-28 Corresponding to 1446-12-01 |
| Time of the General Assembly’s Meeting | 18:30 |
| Methodology of Convening the General Assembly’s Meeting | Via modern technology means |
| Attendance Eligibility, Registration Eligibility, and Voting End | In accordance with the rules and regulations, Shareholders registered in the shareholders’ register at the Depository Center (Edaa) has the right at the end of the trading session preceding the Ordinary general assembly meeting. The eligibility to register attendance of the general assembly meeting ends with the commencement of the general assembly meeting, whereas the eligibility to vote on the general assembly meeting agenda items for those present in the meeting ends with the completion of counting votes by the Counting Committee. |
| Quorum for Convening the General Assembly's Meeting | According to Article 28 of the Company’s bylaws, the Ordinary General Assembly meeting will be valid if attended by shareholders representing at least half of the capital, and if the necessary quorum is not available to hold the first meeting, the second meeting will be held one hour after the end of first meeting, the second meeting shall be valid regardless of the number of shares represented therein. |
| General Assembly Meeting Agenda | attached |
| Proxy Form |  |
| The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right | Shareholders have the right to discuss the topics stipulated in the attached General Assembly agenda and direct questions related to the Assembly items to the members of the Board of Directors, noting that voting in Tadawulaty services is available free of charge to all shareholders using the link:
http://www.tadawulaty.com.sa |
| Details of the electronic voting on the Assembly’s agenda | The shareholders registered on the Tadawulaty services website can vote online on the agenda of the General Assembly starting from 1:00 am on Sunday, 27 Dhuʻl-Qiʻdah 1446 AH corresponding to 25 May 2025 until the end of the General Assembly meeting on Wednesday 1 Dhu al-Hijjah 1446 corresponding to 28th May 2025 |
| Method of Communication in Case of Any Enquiries | In the event of an inquiry, please contact the company's Investor Relations Department via:
Phone: 966138297022+ Email: ir@arabdrill.com |
| Attached Documents | |
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