MOBI Industry Co. Announces the Results of the Ordinary General Assembly Meeting (First Meeting)
| Element List | Explanation |
|---|---|
| Introduction | Mobi Industrial Company announces the results of the Ordinary General Assembly Meeting (First Meeting) after the quorum is reached, and the results of voting on the agenda items of the General Assembly were as follows: |
| City and Location of the General Assembly's Meeting | At the Company Headquarter in Riyadh City and through the electronics voting platform (Tadawulaty) |
| Date of the General Assembly's Meeting | 2025-06-19 Corresponding to 1446-12-23 |
| Time of the General Assembly’s Meeting | 18:30 |
| Percentage of Attending Shareholders | 51.36% |
| Names of the Board of Directors' Members Present at the General Assembly's Meeting and Names of the Absentees | All Boards attended the meeting as follows:
1-Mr. Fahad Mohamed Barjes AL-Nasser (Chairman of the Board). 2-Mr. Abdullah Mohammed Barjes Al-Nasser (Vice Chairman of the Board). 3-Ms. Asma Talal jamil Hamdan. 4-Mr. yasser Hamid Abdullah AL-Qahtani. 5-Mr. Saad Ajlan Ibrahim Al-Ajlan. |
| Names of the Chairmen of the Committees Present at the General Assembly's Meeting or Members of such Committees Attending on Their Behalf | All chairmen of the committees attended the meeting as follows:
1-Mr.Bander Suliman Mohammed AL.bohyri (Chairman of the Audit committee) 2-Ms.Asma Talal jamil Hamdan (Chairman of Nomination and Remuneration committee) |
| Voting Results on the Items of the General Assembly's Meeting Agenda's | 1. Viewed and discuss the financial statements for the fiscal year ended 31/12/2024G.
2. Viewed and discuss the Board of Directors' report for the fiscal year ended 31/12/2024G.
3. Approval of the auditor report on the Company’s accounts for the fiscal year ended 31/12/2024G, after discussing it.
4. Approval of the absolution of the Members of the Board Directors from their liabilities for the fiscal year ended 31/12/2024G.
5.Approval of the delegation of the Board of Directors to distribute interim dividends on a semi-annual / quarterly basis for the third and fourth quarters of 2025 and the first and second quarters of 2026.
6.Approval of the delegating to the Board of Directors the authorization powers of the General Assembly as stipulated in paragraph (1) of Article (27) of the Companies Law, for a period of one year starting from the date of the approval by the General Assembly or until the end of the delegated Board of Directors’ term, whichever is earlier, in accordance with the conditions set forth in the Implementing Regulation of the Companies Law for Listed Joint Stock Companies.
7.Approval of the amendment to the regulations of the Awards and Nominations Committee.
8.Approval of the Corporate Social Responsibility Policy. |
| Additional Information | nothing |
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