Armah Sports Company (Armah) Board of Directors is honored to Invite the Shareholders to attend & vote in the Ordinary General Assembly's meeting (First Meeting).
| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of Armah Sports Company are pleased to invite its valued shareholders to attend the Ordinary Annual General Assembly meeting (the first meeting), which will be held, at 07:30 pm on Tuesday, 07-12-1446H corresponding to 03-06-2025G through using the virtual technology. |
| City and Location of the General Assembly's Meeting | Through means of modern communications from the company’s headquarters in Riyadh. |
| Hyperlink of the Meeting Location | Click Here |
| Date of the General Assembly's Meeting | 2025-06-03 Corresponding to 1446-12-07 |
| Time of the General Assembly’s Meeting | 19:30 |
| Methodology of Convening the General Assembly’s Meeting | 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 right to register a name to attend the general assembly meeting ends at the time of convening of 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 General Assembly meeting is valid if it is attended by shareholders representing at least half of the capital. If there is no quorum for this meeting, the second meeting will be scheduled after one hour and the second meeting shall be valid regardless of the number of shares that have voting rights. |
| General Assembly Meeting Agenda | 1- Review and discuss the Board of Director’s Report for the fiscal year ended 31/12/2024.
2- Review and discuss the Annual Financial Statements for the fiscal year ending on 31/12/2024. 3- Vote on the company's External Auditor's Report for the fiscal year ended 31/12/2024, after discussing it. 4- Vote on Board of Director’s remuneration of SAR 900,000 for the year ended 31/12/2024. 5- Voting on discharging the Board Members from any liabilities for the year ended 31/12/2024. 6- Vote on appointment of Auditor of the company from among the candidates, based on the recommendation of the Audit Committee, to Examine Review and Audit the Financial Statements for the first half and annual of the year on 31/12/2025, and determine their fees. 7- Vote on the business and contracts that took place for the fiscal year ending on 31/12/2024, between Armah Sports Company and Pulse Fitness Company, in which Mr. Fahad Ali Alhagbani – Executive Member, has indirect interest. The business is related to equipment purchases, noting that the value of transactions in 2024 amounted to SAR 1,871,220 without any preferential treatment. |
| Proxy Form |  |
| The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right | Shareholders have the right to discuss topics listed in the agenda of the General Assembly and raise relevant questions, Shareholders can remotely vote on the General Assembly Meeting’s agenda via (E-voting service), through Tadawulaty www.tadawulaty.com.sa |
| Details of the electronic voting on the Assembly’s agenda | Esteemed shareholders can vote remotely on the General Assembly’s agenda, through the electronic voting service by visiting the Tadawulaty website (www.tadawulaty.com.sa), knowing that registration in the service and voting is available for free to all shareholders, as electronic voting begins on Friday 03/12/1446 H (according to Umm Al-Qura calendar) corresponding to 30/05/2025 at (01:00), and voting ends at the end of the General Assembly time. |
| Method of Communication in Case of Any Enquiries | In the event of any enquiry about the General Assembly ’s agenda or any other enquiries, please contact during official working hours from 10:00 am until 05:00 pm, using one of below contact number:
0118386000 Or through this e-mail: ir@armahsports.com |
| Additional Information | All data related to the items of the above assembly are available at the Compliance and Governance Department at the company's headquarters for viewing. |
| Attached Documents | |
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