Al-Babtain Power and Telecommunication Co. — AGM Information 2021

Aug 9, 2021

Al-Babtain Power and Telecommunication Co. announces to Invites its Shareholders to Attend the ( First Meeting ) Ordinary General Assembly Meeting

2320 · 09/08/2021 15:44:03 · Announcement #64443 · View on Saudi Exchange

Al-Babtain Power and Telecommunication Co. announces to Invites its Shareholders to Attend the ( First Meeting ) Ordinary General Assembly Meeting

Element List	Explanation
Introduction	The Board Directors of Al Babtain power and telecommunication company is pleases to invite the shareholders to share and voting of ordinary assembly meeting ( first meeting) which will held at 06:30 PM on Thursday 02.09.2021 through the modern technology means. This is to interest of the safety of the shareholders and within the support of preventive and precautionary efforts from the relevant health authorities to face the corona virus (COVID-19), and as an extension 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.
City and Location of the General Assembly's Meeting	Corporate Office – Riyadh City through the modern technology means
URL for the Meeting Location	www.tadawulaty.com.sa
Date of the General Assembly's Meeting	2021-09-02 Corresponding to 1443-01-25
Time of the General Assembly's Meeting	18:30
Attendance Eligibility	Each shareholder who is registered in the company’s shareholders ’register at the Depository Center has the right to attend the meeting of the Assembly at the end of the trading session preceding the General Assembly meeting according to the rules and regulations
Quorum for Convening the General Assembly's Meeting	The meeting of the ordinary general assembly will be valid if it is attended by shareholders representing at least 25% of the capital, and if the quorum required for holding the meeting is not available, the second meeting will be held an hour after the end of the period specified for holding the first meeting, and in all cases the second meeting is valid regardless of the number of shares represented in it.
General Assembly Meeting Agenda	Voting on the formation of the Audit Committee, and the definition of its duties, work regulations and remuneration of its members for the new term, starting from the date of the assembly on 02/09/2021 G. until the end of the term on 26/07/2024 G. The following are the names of the candidates, (whose CVs are attached):

1- Dr. Abdullah Sagher Mohammed Al Hussain( Independent – Board of Director )

2- Mr. Abdulkareem Hamad Abdullah Al Babtain ( Non-Executive - Board of Director)

3- Mr. Khaled Mohammed Abdullah Abdulrahman ABabtain (Non-Executive - Board of Director) Proxy Form E-Vote The shareholders whom registered in the Tadawulati Services website start remote voting on the assembly’s items starting at 10:00 am on Sunday 21/01/1443 AD corresponding to 29/08/2021 AD until the end of the assembly time. Registration and voting for Tadawulaty services will be available free of charge to all shareholders using the following link www.tadawulaty.com.sa Eligibility for Attendance Registration and Voting The right to register to attend the assembly meeting ends at the time of the assembly meeting. The eligibility to vote on the assembly's items for the attendees ends when the counting committee finishes counting the votes. Method of Communication Accordingly, the company hopes that all its shareholders will register in my deliberations to participate and vote remotely on the association’s items through the website. In case any inquiries related to the meeting schedule, we hope to communicate with the secretariat of the board of directors via [phone + 966112411222, ext. 4466, and mobile 0559257229, and e-mail yaseer-od@al-babtain.com.sa] Attached Documents     

The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.