Almarai Co. — AGM Information 2008

Mar 17, 2008

Invitation to the General Assembly Meeting in Monday 24th March 2008 (Continue).

2280 · 17/03/2008 09:07:28 · Announcement #12494 · View on Saudi Exchange

Invitation to the General Assembly Meeting in Monday 24th March 2008 (Continue).

6. Approve the Auditor?s report regarding the financial statements for fiscal year ending 31/12/2007.

7. Approve the recommendation of the Board of Director to pay a dividend of SR 2.5 per share totaling SR 272.5 million for the fiscal year ending 31/12/2007, for shareholders registered at the end of the General Assembly date. Payment will commence on 7 April 2008.

8. Approve the recommendation of the Board of Directors to appoint Messrs Ernest and Young as Auditors and to determine their fees for the Fiscal Year from 1/1/2008 to 31/12/2008 based on the recommendation of the Audit and Risk Committee to the Board of Directors.

9. Approve the Board of Director?s recommendation to uphold the attached Rules and Regulations of the Nomination and Remuneration Committee which has been established on the basis of Article 15 of the Saudi Corporate Governance Rules issued by CMA per Resolution No. 1/212/2006 dated 2/11/2006. Each shareholder owning twenty shares or more shall have the right to attend the Extra-Ordinary General Assembly whether in person or by proxy, subject to presentation of corroborating evidence or a written power of attorney endorsed by the Chamber of Commerce authorizing another shareholder, other than the members of the Board of Directors or employees of the Company, to attend the General Assembly on their behalf.

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