Arabian Shield Cooperative Insurance Co. Board invites its shareholders to attend the Ordinary General Assembly Meeting (first meeting) via modern technology means."
| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of Arabian Shield Cooperative Insurance Company is pleased to invite the shareholders to participate and vote in the first ordinary general assembly meeting, which is scheduled to be held, at 19:00 pm on Sunday 29-03-1447 H corresponding to 21-09-2025 through modern technology using Tadawulaty |
| City and Location of the General Assembly's Meeting | Company Headquarters, Riyadh, Saudi Arabia, virtual attendance only |
| Hyperlink of the Meeting Location | Click Here |
| Date of the General Assembly's Meeting | 2025-09-21 Corresponding to 1447-03-29 |
| 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 | Shareholders who are registered in the issuer’s 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 meeting of the Ordinary General Assembly is valid if attended by shareholders representing a 25% of the company’s capital. If the necessary quorum is not available to hold this meeting, the second meeting will be held an hour after the end of the period specified for holding the first meeting represented in it |
| General Assembly Meeting Agenda | 1- Voting on the election of Board members from among the nominees for the upcoming term, which begins on 22-09-2025 and continuing for four years, ending on 21-09-2029 (CVs of the nominees are attached).
2- Voting on the amendment of the Remuneration Policy for the Board members, committees, and senior executives (attached). 3- Voting on the amendment of the Audit Committee Charter (attached). |
| Proxy Form |  |
| The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right | A shareholder has the right to discuss the items listed on the agenda of the General Assembly Meeting and to pose questions. All shareholders who are registered in Tadawulaty will be able to remotely vote on the General Assembly’s agenda items using the link below:
www.tadawulaty.com.sa |
| Details of the electronic voting on the Assembly’s agenda | The shareholders registered in Tadawulaty services may vote on the items of the General Assembly agenda online starting from 01:00 am on Sunday 17-09-2025 and shall continue until the end of General Assembly meeting. Please note that registration in Tadawulaty service and voting is provided free of charge for all shareholders through the following link: www.tadawulaty.com.sa |
| Method of Communication in Case of Any Enquiries | In the event that there is an inquiry or a desire from the shareholders to direct questions to the members of the Board of Directors during the general assembly meeting, please contact the Shareholders' Department:
on telephone no. 0112505413 or by Email: Binsaeed@arabianshield.com |
| Attached Documents | |
Comments