Advanced Petrochemical Co. — Proxy Solicitation & Information Statement 2022

Feb 28, 2022

ADVANCED PETROCHEMICAL COMPANY INVITES ITS SHAREHOLDERS TO ATTEND THE 10TH EXTRAORDINARY GENERAL ASSEMBLY MEETING WHICH INCLUDE THE INCREASE OF THE COMPANY'S CAPITAL (FIRST MEETING) VIA MODERN TECHNOLOGY MEANS (REMOTELY)

2330 · 28/02/2022 16:32:48 · Announcement #66892 · View on Saudi Exchange

ADVANCED PETROCHEMICAL COMPANY INVITES ITS SHAREHOLDERS TO ATTEND THE 10TH EXTRAORDINARY GENERAL ASSEMBLY MEETING WHICH INCLUDE THE INCREASE OF THE COMPANY'S CAPITAL (FIRST MEETING) VIA MODERN TECHNOLOGY MEANS (REMOTELY)

Element List	Explanation
Introduction	The Board of Directors of Advanced Petrochemical Company (Advanced) is pleased to invite its shareholders to participate and vote in the 10th Extraordinary General Assembly Meeting (Frist Meeting) which will be held at (18:30) on Sunday March 20, 2022 corresponding to 17/08/1443H via modern technology means, which is in order to ensure the safety of the shareholders and in support of the preventive efforts exerted by the relevant health authorities to address the novel Coronavirus (COVID-19), and as an extension of the continuous efforts made by all government agencies in the Kingdom of Saudi Arabia in taking the necessary preventive measures to curb its spread.
City and Location of the Extraordinary General Assembly's Meeting	Dammam city at Advanced Head Office (Gulf Road Dammam Corniche - SAMEC Building fifth floor) using modern technology (remotely) on my Tadawulaty platform.
URL for the Meeting Location	www.tadawulaty.com.sa
Date of the Extraordinary General Assembly's Meeting	2022-03-20 Corresponding to 1443-08-17
Time of the Extraordinary General Assembly's Meeting	18:30
Attendance Eligibility	ShareHolders Registered at the Depositary Center Registry at the End of the Trading Session Proceeding the General Assembly Meeting and as per the Laws and Regulations
Quorum for Convening the General Assembly's Meeting	The quorum to convene the Extraordinary General Meeting is the attendance of shareholders representing at least fifty (50%) percentage of the Company capital. If such quorum is not present at the first meeting, the second meeting will be held one hour after the end of the period specified for the first meeting and the second meeting will be considered as duly convened if attended by shareholders representing at least twenty five (25%) percent of the capital.
Meeting Agenda	Attached
Proxy Form
E-Vote	Shareholders can remotely vote on the agenda items through (E-Voting System) starting from 10:00 a.m. Wednesday March 16, 2022 corresponding to 13-08-1443H until the end of the Assembly meeting time. Accordingly, all shareholders are invited to use electronic voting by visiting Tadawulaty web page www.tadawulaty.com.sa which provides registration and voting services free of charge to all shareholders.
Eligibility for Attendance Registration and Voting	Eligibility for Attendance Registration and Voting Ends upon the Convenience of the General Assembly’s Meeting. Eligibility for Voting on the Meeting Agenda Ends upon the Counting Committee Concludes Counting the Votes
Method of Communication	For any inquiry and clarification, please contact the Shareholders Relations on Tel: 0133566061, Fax: 0133566069 or Email: faisal.jalhami@advancedpetrochem.com
Attached Documents

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