Mohammed Hasan AlNaqool Sons Co. Board invites its shareholders to attend the Ordinary General Assembly Meeting the (First Meeting)
| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of Mohammed Hassan Al-Naqool Sons Company is pleased to invite the shareholders to participate and vote in the company’s Ordinary General Assembly Meeting (first meeting), scheduled to be held, God willing, at 7:00 PM on Thursday, June 19, 2025 AD, via modern technology using the Tadawulaty website (www.tadawulaty.com.sa). |
| City and Location of the General Assembly's Meeting | The company's main center is in Dammam - using modern technology |
| Hyperlink of the Meeting Location | Click Here |
| Date of the General Assembly's Meeting | 2025-06-19 Corresponding to 1446-12-23 |
| Time of the General Assembly’s Meeting | 19:00 |
| 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 issuer’s shareholders’ register at the Depository Center at the end of the trading session preceding the ordinary general assembly meeting, in accordance with the rules and regulations. The right to register attendance at the general assembly meeting shall also expire at the time the general assembly meeting is held, and the right to vote on the general assembly items for those present shall expire when the counting committee has finished counting the votes. |
| Quorum for Convening the General Assembly's Meeting | The Ordinary General Assembly meeting shall be valid if attended by shareholders representing at least a quarter of the capital. If the quorum required to hold this meeting is not present, a second meeting shall be held one hour after the end of the time specified for holding the first meeting. The second meeting shall be valid regardless of the number of shares represented therein. |
| General Assembly Meeting Agenda | 1- Review and discuss the Board of Directors' report for the fiscal year ending December 31, 2024 (attached).
2- Vote on the company's auditor's report for the fiscal year ending December 31, 2024, after discussing it (attached). 3- Review and discuss the financial statements for the fiscal year ending December 31, 2024 (attached). 4- Vote to discharge the members of the Board of Directors from liability for the fiscal year ending December 31, 2024. 5- Vote on the appointment of an auditor for the company from among the candidates, based on the recommendation of the Audit Committee, to examine, review, and audit the semi-annual and annual financial statements for the fiscal year 2025, and determine their fees. (attached) 6- Vote on amending the Board of Directors' membership policy and procedures. (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’s agenda and direct questions related to the Assembly’s items to the members of the Board of Directors, noting that registration and voting in Tadawulaty services is available and free of charge to all shareholders using the following link: https://www.tadawulaty.com.sa |
| Details of the electronic voting on the Assembly’s agenda | Shareholders registered in the Tadawulaty service can vote remotely electronically on the general assembly's agenda starting at 1:00 AM on Sunday, June 15, 2025, until the vote counting committee completes. Registration and voting in the Tadawulaty service will be available and free to all shareholders using the following link:
(https://www.tadawulaty.com.sa) |
| Method of Communication in Case of Any Enquiries | If you have any questions, we hope to contact the Shareholder Relations Department
Phone: 8001010990 Email: alnaqool@alnaqool.com God bless, |
| Attached Documents | |
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