Riyadh – Mubasher: Al Kuzama Trading Company has finalized the electronic voting process for its Ordinary General Assembly meeting which took place on 30 June 2026, according to a bourse filing.

While the company’s physical headquarters in the Al Wadi district of Riyadh serves as the formal anchor for the meeting, the proceedings would be conducted virtually to facilitate broader shareholder engagement and ensure compliance with modern regulatory standards for listed entities in the Kingdom of Saudi Arabia.

According to the disclosure, electronic voting for the assembly’s agenda items opened on 26 June 2026. Shareholders registered with the Tadawulaty services platform were eligible to cast their votes remotely.

The agenda for the meeting includes several critical items requiring shareholder approval. Primary among these are the review and voting on the company’s financial statements and the appointment of an external auditor for the firm’s accounts.

Furthermore, the assembly is tasked with the election of members to the Board of Directors. For the directorial elections, the company will utilize a cumulative voting mechanism, a standard practice in the Saudi market designed to provide minority shareholders with a more significant voice in the selection of board representatives.

The company also noted important procedural details regarding the validity of votes. Specifically, if a shareholder attends the General Assembly in person and casts a physical ballot, any prior electronic vote submitted via the Tadawulaty system will be considered void.

This ensures that each shareholder’s final intent is accurately captured during the live session.

This move toward electronic integration reflects the ongoing commitment of Saudi listed companies to transparency and digital transformation, aligned with the regulatory frameworks established by the Saudi Tadawul Group and the Capital Market Authority.

By providing a multi-day window for remote voting, Al Kuzama aims to ensure that its shareholder base can exercise their statutory rights efficiently ahead of the formal assembly.