Abdullah Al Othaim Markets Co. — AGM Information 2021

Aug 23, 2021

ABDULLAH AL OTHAIM MARKETS COMPANY INVITES ITS SHAREHOLDERS TO ATTEND THE EIGHTH EXTRAORDINARY GENERAL ASSEMBLY MEETING (FIRST MEETING) THROUGH MODERN TECHNOLOGY MEANS

4001 · 23/08/2021 08:08:16 · Announcement #64700 · View on Saudi Exchange

ABDULLAH AL OTHAIM MARKETS COMPANY INVITES ITS SHAREHOLDERS TO ATTEND THE EIGHTH EXTRAORDINARY GENERAL ASSEMBLY MEETING (FIRST MEETING) THROUGH MODERN TECHNOLOGY MEANS

Element List	Explanation
Introduction	Abdullah Al-Othaim Markets Company Board of Directors is pleased to invite the shareholders to attend the eighth extraordinary general assembly meeting (first meeting) ,which will be held on Wednesday 15th Safar1443H corresponding to 22th September 2021G at 6:30 PM, in the company headquarters in Riyadh City, through modern technology means using the Tadawulaty system through link (www.tadawualty.com.sa(, in order to ensure the safety of the Competent &relevant dealers of capital market. Moreover, this will support the precautionary measures issued by the competent and relevant to prevent the spread of the new Corona virus (COVID-19). In continuation of the continuous efforts made by all government agencies in the Kingdom of Saudi Arabia to take the necessary preventive measures to prevent its spread. The meeting will discuss the following agenda:
City and Location of the General Assembly's Meeting	Through modern technology means In the Company Headquarters in Riyadh City, using the Tadawulaty system.
URL for the Meeting Location	www.tadawulaty.com.sa
Date of the General Assembly's Meeting	2021-09-22 Corresponding to 1443-02-15
Time of the General Assembly's Meeting	18:30
Attendance Eligibility	Shareholders Registered in the Issuer’s Shareholders Registry in the Depository Centre At the End of the Trading Session Preceding the General Assembly’s Meeting as per Laws and Regulations
Quorum for Convening the General Assembly's Meeting	The quorum for the Extraordinary General Assembly is the presence of shareholders representing at least (50%) of the company's capital. If this quorum is not secured at the first meeting, a second meeting will be held within one hour of the expiry of the deadline set for the first meeting has ended, and it will be valid if attended by a number of shareholders representing at least (25%) of the company’s capital
General Assembly Meeting Agenda	1) Voting on electing the Board Members from the candidates for the next session of the board commencing on 03/10/2021G for three years term ending on 02/10/2024G. (CV’s attached).

2) Voting on formation of the Audit Committee, defining its duties, its charter and the remunerations of its members for the new three -year term starting from 03/10/2021G till ending of the Board Session on 02/10/2024G, the nominees are.Dr./ Raed Abdullah Alhogail , Mr. Mohammed Mansour Al-Mousa and Mr. Abdullah Jaber Alfifi (CV’s are attached).

3) Voting on delegating the Board of Directors for its fifth session starting on 03/10/2021G with the authority powers of the General Assembly stipulated in paragraph (1) of Article (71) 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 Regulatory Rules and Procedures issued pursuant to the Companies Law relating to Listed Joint Stock Companies (Attached).

4) Voting on the amendment to article No. (17) of the company’s bylaws which relating to company management, (Attached).

5) Voting on the amendment to article No. (19) of the company’s bylaws which relating to the position in the board of directors, (Attached).

6) Voting on the amendment to article No.(20) of the company’s bylaws which relating to authorities of the board of directors, (Attached).

7) Voting on the amendment to article No.(22) of the company’s bylaws which relating to the authorities of the board’s chairman, vice chairman & MD and secretary, (Attached).

8) Voting on the amendment to article No. (27) of the company’s bylaws which relating to the formation of the audit committee, (Attached).

9) Voting on the amendment to article No.(28) of the company’s bylaws which relating to the remunerations and nominations committee, (Attached).

10) Voting on the amendment to article No.(33) of the company’s bylaws which relating to the invitation for the general assemblies, (Attached).

11) Voting on the amendment to article No. (45) of the company’s bylaws which relating to the financial documents, (Attached).

12) Voting on the amendment to the audit committee charter, (Attached).

13)Voting on the amendment to the remunerations & nominations committee charter, (Attached). Proxy Form E-Vote We also wish to point out the possibility of electronic voting on the Assembly Agenda through the electronic voting service starting at 10:00 am on Saturday 11/02/1443H corresponding to 18/09/2021G, until the end of the assembly time, registration and voting in Tadawulaty services will be free and available through using the link (www.tadawualty.com.sa). Eligibility for Attendance Registration and Voting Eligibility for Registering the Attendance of the General Assembly’s Meeting Ends upon the Convenience of the General Assembly’s Meeting. Eligibility for Voting on the Business of the Meeting Agenda Ends upon the Counting Committee Concludes Counting the Votes Method of Communication Shareholders can address any questions or inquiries with regard the AGM Agenda starting at 10:00 AM on Saturday,18/09/2021G through e-mail (ir@othaimmarkets.com ). Attached Documents  

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