Almarai Co. Announces the Results of the Extraordinary General Assembly Meeting (First Meeting)
| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of Almarai Company, a Listed Joint Stock Company (the “Company”), are pleased to announce the results of the Extraordinary General Assembly Meeting (“EGM”), which was held by means of the Tadawulaty platform on Thursday, 26 June 2025 at 6:45 PM AST after reaching the quorum of 78.07%, the voting results of the EGM are as follows: |
| City and Location of the General Assembly's Meeting | Riyadh – Almarai Head Office by means of modern technology |
| Date of the General Assembly's Meeting | 2025-06-26 Corresponding to 1447-01-01 |
| Time of the General Assembly’s Meeting | 18:45 |
| Percentage of Attending Shareholders | 78.07% |
| Names of the Board of Directors' Members Present at the General Assembly's Meeting and Names of the Absentees | 1- HH Prince Naif bin Sultan bin Mohammed bin Saud Al Kabeer (Chairman).
2- Mr. Suliman bin Abdulkader Al Muhaideb (Vice Chairman). 3- Mr. Bader bin Abdullah Al Issa. 4- HH Prince Saud bin Sultan bin Mohammed bin Saud Al Kabeer. 5- Mr. Ammar bin Abdulwahid Al Khodairi. 6- Mr. Waleed bin Khalid Fatani. 7- Mr. Salman bin Abdelmuhsin Al Sudeary. 8- Mr. Hosam bin Ali Al Qurashi. 9- Mr. Mohammed bin Mansour Al Mousa. |
| Names of the Chairmen of the Committees Present at the General Assembly's Meeting or Members of such Committees Attending on Their Behalf | 1- Mr. Raied bin Ali Al Saif (Chairman of Audit Committee).
2- Mr. Ammar bin Abdulwahid Al Khodairi (Chairman of Remuneration and Nomination Committee). 3- Mr. Bader bin Abdullah Al Issa (Chairman of Investment Committee). 4- Mr. Waleed bin Khalid Fatani (Chairman of Risk Committee). |
| Voting Results on the Items of the General Assembly's Meeting Agenda's | 1- Approval of the amendment of Article (17) of the Company’s Bylaws relating to the term of membership of the Board of Directors of the Company.
2- Approval of the election of the members of the Board of Directors for a new term, starting from 07/08/2025, for four years, and ending on 06/08/2029. The following members were elected: 1- HH Prince Naif bin Sultan bin Mohammed bin Saud Al Kabeer. 2- Mr. Suliman bin Abdulkader Al Muhaideb. 3- Mr. Bader bin Abdullah Al Issa. 4- HH Prince Saud bin Sultan bin Mohammed bin Saud Al Kabeer. 5- Mr. Ammar bin Abdulwahid Al Khodairi. 6- Mr. Sulaiman bin Abdulrahman AlRumaih. 7- Mr. Salman bin Abdelmuhsin Al Sudeary. 8- Mr. Georges Schorderet. 9- Mr. Mohammed bin Mansour Al Mousa.
3- Approval on delegating the authorization powers of the General Assembly stipulated in Paragraph (1) of Article (27) of the Companies Law to the new Board of Directors, for one year from the date of approval by the General Assembly to delegate its powers to the Board of Directors, or until the end of the period of the delegated Board of Directors, whichever is earlier, in accordance with the requirements stipulated in the Implementing Regulations of the Companies Law relating to Listed Joint Stock Companies. |
| Additional Information | For any inquire please contact Investor Relations at:
P: 0115286295 F: 0114701555 E: investor.relations@almarai.com P.O.Box 8524 Riyadh 11492 |
Comments