Alwasail Industrial Co. Board invites its shareholders to attend the 11th Extraordinary General Assembly Meeting the (First Meeting)
| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of Alwasail Industrial Co. is pleased to invite the honorable shareholders to participate and vote in the 11th extraordinary general assembly meeting (first meeting), which is scheduled to be held, at exactly 6:30 pm on Monday 20-12-1446 AH corresponding to 06-16-2025 AD via modern technology. |
| City and Location of the General Assembly's Meeting | Company headquarters in Buraidah - via 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 | 18:30 |
| 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 shareholder has the right to delegate whomever other than the board of directors. The right to register a name to attend the general assembly meeting ends at the time of convening 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 extraordinary general assembly meeting shall be valid if attended by shareholders representing at least half of the capital. If the quorum required to hold this meeting is not available, a second meeting shall be held one hour after the end of the period specified for holding the first meeting. The second meeting shall be valid if attended by shareholders representing at least a quarter of the capital. |
| General Assembly Meeting Agenda | 1. Voting on amending Article (3) of the Company's Articles of Association, relating to (the Company's Purposes). (Attached)
2. Voting on amending Article (30) of the Company's Articles of Association, relating to (the Quorum of the Ordinary General Assembly). (Attached) 3. Voting on amending Article (31) of the Company's Articles of Association, relating to (the Quorum of the Extraordinary General Assembly). (Attached) 4. Voting on amending the Audit Committee Bylaws (Attached) 5. Voting on amending the Remuneration and Nominations Committee Bylaws. (Attached) 6. Voting on amending the Governance Bylaws. (Attached) 7. Voting on amending the Board of Directors' Bylaws. (Attached) 8. Voting on amending the Conflict of Interest Policy and Competition Standards. (Attached) 9. Voting on amending the Remuneration Policy for Board Members, Subcommittees, and Executive Management. (Attached) 10. Voting on amending the Competition Controls and Standards 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 General Assembly agenda and direct questions related to the Assembly items to the members of the Board of Directors in accordance with the rules and regulations. Please note that registration and voting in Tadawulaty services are available and free to all shareholders using the following link: www.tadawulaty.com.sa |
| Details of the electronic voting on the Assembly’s agenda | Shareholders registered in Tadawulaty services will be able to vote remotely on the assembly’s items starting from (1) a.m. on Friday 10-27-1446 AH corresponding to 04-25-2025 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 | In case of any inquiries or questions regarding the agenda of the General Assembly, we hope to contact the Investor Relations,
Mr. Jalal Aljuraifani Mobile: 0537633346 Email: JALAL@ALWASAIL.COM |
| Attached Documents | |
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