The Board of Directors of Sama Healthy Water Factory Co. invites the honorable shareholders to attend the Extraordinary General Assembly Meeting (first meeting) via modern technology.
| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of Sama Healthy Water Factory Co. is pleased to invite the company’s esteemed 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 (19:30) on Sunday, 19/12/1446 AH corresponding to 06/15/2025 AD. |
| City and Location of the General Assembly's Meeting | The company's headquarters is located in Jazan City - King Faisal Road, using modern technology. |
| Hyperlink of the Meeting Location | Click Here |
| Date of the General Assembly's Meeting | 2025-06-15 Corresponding to 1446-12-19 |
| 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 | 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 ends at the time the general assembly meeting is held, and the right to vote on the general assembly’s items for those present ends when the counting committee finishes counting the votes. |
| Quorum for Convening the General Assembly's Meeting | According to Article (37) 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 auditors' 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 absolving the members of the Board of Directors from liability for the fiscal year ending December 31, 2024. 5- Voting on the appointment of an auditor for the company from among the candidates based on the recommendation of the Audit Committee, to examine the company’s preliminary financial statements for the first half ending on 06-30-2025 AD, the annual financial statements ending on 12-31-2025 AD, the company’s preliminary financial statements for the first half ending on 06-30-2026 AD, the annual financial statements ending on 12-31-2026 AD, and the company’s preliminary financial statements for the first half ending on 06-30-2027 AD, and determining his fees. 6- Voting on the Board of Directors' recommendation to distribute cash dividends in the amount of (4,000,000) four million Saudi riyals to shareholders for the fiscal year ending December 31, 2024, at a rate of (0.08) eight halalas per share, representing (8%) of the capital. Eligibility shall be for shareholders who own shares at the end of trading on the day of the General Assembly meeting and are registered in the company's shareholders' register with the Securities Depository Center Company (the "Depository Center") at the end of the second trading day following the due date. The dividend distribution date shall commence within fifteen (15) business days from the due date of these dividends specified in the General Assembly resolution. 7- 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. 8- Voting on authorizing the Board of Directors to exercise the authority of the Ordinary General Assembly to authorize the Company 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. 9- Voting on transferring the statutory reserve balance, amounting to (3,058,653) three million and fifty-eight thousand and six hundred and fifty-three Saudi riyals, as stated in the annual financial statements ending December 31, 2024, to the retained earnings balance. 10- Voting on amending the Company's Governance Regulations (attached) 11- Voting on amending the Audit Committee's Bylaws (attached) 12- Voting on the Company's Competition Controls and Standards Policy (attached) 13- Voting on the Nominations and Remuneration Committee Bylaws (attached) 14- Voting on the Board of Directors Membership Policy and Standards Bylaws (attached) 15- Voting on the Remuneration Policy for Board Members, Subcommittees, and Executive Management (attached) 16- Voting on the Conflict of Interest and Competition Policy (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 Wednesday, 15/12/1446 AH corresponding to 11/06/2025 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 communication methods:
Phone: 920000254 / 222 Email: IR@samawater.com.sa |
| Attached Documents | |
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