Miral Dental Clinics Co. Board invites its shareholders to attend the Extraordinary General Assembly Meeting the (First Meeting) Through modern technology
| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of Miral Dental Clinics Co. is pleased to invite the honorable shareholders to participate and vote in the Extraordinary General Assembly Meeting (first meeting), which is scheduled to be held via modern technology, God willing, at exactly (19:15) on Monday, 12/20/1446 AH corresponding to 06/16/2025 AD. |
| City and Location of the General Assembly's Meeting | At the company's main headquarters in Riyadh, located in Al-Olaya District - Tahlia Street - using modern technology. |
| Hyperlink of the Meeting Location | Click Here |
| Date of the General Assembly's Meeting | 2025-06-16 Corresponding to 1446-12-20 |
| Time of the General Assembly’s Meeting | 19:15 |
| Methodology of Convening the General Assembly’s Meeting | Via modern technology means |
| Attendance Eligibility, Registration Eligibility, and Voting End | The right to attend shall be for shareholders registered in the company’s shareholders’ register at the Depository Center at the end of the trading session preceding the general assembly meeting, in accordance with the rules and regulations. The right to register attendance at the general assembly meeting shall end at the time the general assembly meeting is held, and the right to vote on the general assembly’s items for those present shall end when the counting committee has finished counting the votes. |
| Quorum for Convening the General Assembly's Meeting | According to Article (36) of the company’s articles of association, the extraordinary general assembly meeting shall not be valid unless it is attended by shareholders representing at least half of the company’s shares that have voting rights. If this quorum is not available at the first meeting, the second meeting shall be held one hour after the end of the period specified for holding the first meeting. In all cases, the second meeting shall be considered valid if it is attended by a number of shareholders representing at least a quarter of the company’s shares that have voting rights. |
| General Assembly Meeting Agenda | 1- Vote on the company's auditor's report for the fiscal year ending December 31, 2024, after discussing it.
2- Review and discuss the Board of Directors' report for the fiscal year ending December 31, 2024. 3- Review and discuss the company's financial statements for the fiscal year ending December 31, 2024. 4- Vote on discharging the members of the Board of Directors from their liabilities for the fiscal year ending December 31, 2024. 5- Vote on appointing the company's auditor from among the candidates, based on the recommendation of the Audit Committee, to examine, review, and audit the company's interim financial statements for the first half ending June 30, 2025, and the annual financial statements ending December 31, 2025, and determine their fees. 6- Voting on authorizing the Board of Directors to distribute interim dividends to shareholders on a semi-annual or quarterly basis for the fiscal year ending December 31, 2025. 7- Voting on authorizing the Board of Directors to exercise the authority of the Ordinary General Assembly to authorize the Board of Directors under paragraph (1) of Article Twenty-Seven of the Companies Law, for a period of one year from the date of approval by the General Assembly or until the end of the term of the authorized Board of Directors, whichever comes first, in accordance with the conditions stipulated in the Executive Regulations of the Companies Law for listed joint-stock companies. 8- Voting on transferring the balance of the statutory reserve amounting to (3,292,289) Saudi riyals as of the annual financial statements ending on (December 31, 2024) to the balance of retained earnings. 9- Voting on the business and contracts concluded between the company’s CEO and Managing Director (Dr. Sami Abdullah Al-Saeed) in which he has a direct interest, which are (commissions and bonuses) and these transactions began in 2024 AD and the value of transactions during 2024 AD is an amount of (1,295,480.46) riyals (debit transactions) and the value of the amount paid during 2024 AD is an amount of (1,207,201) riyals (credit transactions) and the final balance for the year 2024 AD is (54,365) riyals, and these transactions are carried out in the course of normal business and in accordance with the prevailing commercial terms and without any preferential conditions (attached) |
| Proxy Form |  |
| The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right | Honorable shareholders have the right to discuss the topics included in the agenda of the Extraordinary General Assembly and to ask questions. Voting in Tadawulaty services is available free of charge to all shareholders using the following link: http://www.tadawulaty.com.sa |
| Details of the electronic voting on the Assembly’s agenda | Shareholders registered in Tadawulaty services can vote electronically remotely on the assembly’s items starting from 1:00 AM on Thursday, 16/12/1446 AH corresponding to 12/06/2025 AD, until the end of the assembly’s meeting time. Registration and voting in Tadawulaty services will be available and free of charge to all shareholders using the following link: www.tadawulaty.com.sa |
| Method of Communication in Case of Any Enquiries | We are pleased to receive your inquiries by contacting Shareholder Relations via the following means of communication:
Phone: 0114620444 Email: investors@miraldental.com |
| Attached Documents | |
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