Saudi Lime Industries Co. Announces the Results of the Ordinary General Assembly Meeting (First Meeting)
| Element List | Explanation |
|---|---|
| Introduction | Saudi Lime Industries Company announces the results of the Ordinary General Assembly Meeting (First Meeting), which was held on Monday, 14/11/1446 corresponding to 12/05/2025, at 6:30 PM. |
| City and Location of the General Assembly's Meeting | By means of modern technology in the company’s head office in Riyadh city. |
| Date of the General Assembly's Meeting | 2025-05-12 Corresponding to 1446-11-14 |
| Time of the General Assembly’s Meeting | 18:30 |
| Percentage of Attending Shareholders | 38.27 % |
| Names of the Board of Directors' Members Present at the General Assembly's Meeting and Names of the Absentees | The following Board Members have attended the general assembly meeting:
1- Mr. Abdulaziz Tariq Al-Bassam (Vice Chairman). 2- Mr. Saud Abdulaziz Al-Jomaih. 3- Mr. Hamad Mohammed Al-Saad. 4- Mr. Bader Saleh Al-Essa. 5- Eng. Fahad Al-Rasheedi.
The following members were absent from the meeting:
1- Mr. Abdulaziz Majid Al-Kassabi (Chairman). 2- Dr. Adel Al-Sabeeh. |
| Names of the Chairmen of the Committees Present at the General Assembly's Meeting or Members of such Committees Attending on Their Behalf | The following chairpersons of the committees attended:
- Mr. Ehsan Makhdoum - Chairman of Audit Committee.
The following chairpersons of the committees were absent from the meeting:
- Mr. Abdulaziz Majid Al-Kassabi - Chairman of Executive Committee. - Mr. Matar Al-Zahrani - Chairman of Nominations and Compensation Committee. |
| Voting Results on the Items of the General Assembly's Meeting Agenda's | 1. The Board of Directors’ report for the fiscal year ending on 31-12-2024 was reviewed and discussed.
2. The financial statements for the fiscal year ending on 31-12-2024 were reviewed and discussed.
3. Approval of the company’s external auditor’s report for the fiscal year ending on 31-12-2024 after discussion.
4. Approval of the appointment of Mr. Al-Ayouti and partners as the company’s external auditor among the nominees, based on the recommendation of the Audit Committee to examine, review, and audit the semi-annual and annual financial statements for the fiscal year ending on 31-12-2025, and to determine their fee in the amount of SAR 405,000.
5. Approval to discharge the members of the Board of Directors from liability for the fiscal year ending on 31-12-2024.
6. Approval to disburse a remuneration of SAR 1,400,000 to the members of the Board of Directors for the fiscal year ending on 31-12-2024.
7. Approval to authorize the Board of Directors to distribute interim dividends on a semi-annual or quarterly basis for the fiscal year ending on 31-12-2025. |
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