Almarai Co. — AGM Information 2011

Mar 28, 2011

Almarai invites its shareholders to the General Assembly Meeting (Reminder)

2280 · 28/03/2011 08:20:14 · Announcement #20979 · View on Saudi Exchange

Almarai invites its shareholders to the General Assembly Meeting (Reminder)

The Board of Directors of Almarai Company, a Saudi Joint Stock Company, is pleased to invite its shareholders to the General Assembly Meeting to be held in the Riyadh Holiday Inn Al Izdehar Hotel- Al Lula'ah Hall on Sunday 03/04/2011, 29 Rabia II 1432H at 7:00 PM to consider the following agenda:

1) Approve the Board Report for the fiscal year ending 31/12/2010.

2) Approve the Auditors Report for the fiscal year ending 31/12/2010.

3) Approve the consolidated Financial Statements for the fiscal year ending 31/12/2010.

4) Approve the recommendation of the Board of Directors to pay a dividend of SR 2.25 per share totaling SR 517.5 million, for shareholders registered at the date of the General Assembly Meeting.

5) Approve the recommendation of the Board of Directors to re-appoint the Auditors and to determine their fees for the Fiscal Year 2011 based on the recommendation of the Audit and Risk Committee.

6) Approve clearance of the members of the Board of Directors.

Each shareholder owning twenty shares or more shall have the right to attend the General Assembly Meeting whether in person or by proxy, subject to presentation of corroborating evidence or a written power of attorney endorsed by the Chamber of Commerce or a bank. If however the shareholder is a government employee, he must obtain written power of attorney from the governmental body authorizing another shareholder, other than a member of the Board of Directors or employee of the Company, to attend the on their behalf. The quorum for the General Assembly Meeting will be 51% of the capital of the company. Shareholders are requested to attend half an hour before the meeting in order to complete the registration procedures prior to the start of the meeting.

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.