Almarai Co. — AGM Information 2013

Mar 30, 2013

Almarai invites its shareholders to the Extraordinary General Assembly Meeting (Reminder) (Continue1)

2280 · 30/03/2013 16:07:37 · Announcement #29826 · View on Saudi Exchange

Almarai invites its shareholders to the Extraordinary General Assembly Meeting (Reminder) (Continue1)

8- Approval of the Lease Contract between Almarai Company and Mr. Abdulaziz bin Ibrahim Al Muhanna, as this is an indirect conflict of interest with Mr. Abdulrahman bin Abdulaziz Al Muhanna. The lease is for rent of land for Almarais distribution center in Sharjah costing SAR 173,000 for twenty years starting on 10th April 2001 at the prevailing business conditions.

9- Approval of all businesses and contracts and licenses of the same between Almarai Company and Savola Group which have representatives in the Board of Directors, consisting of the following:

a.Sales from Almarai Company to Savola Group totaling SAR 375.5 million for one year at the prevailing business conditions.

b.Packaging purchases by Almarai Company from Savola Packaging Systems Co. Ltd. totaling SAR 105.0 million for one year at the prevailing business conditions.

c.Sugar purchases by Almarai Company from United Sugar Co. totaling SAR 119.5 million for one year at the prevailing business conditions.

d.Soya Bean Oil purchases by Almarai Company from Afia International Company totaling SAR 10.3 million for one year at the prevailing business conditions.

10- Election of members of the Board of Directors of Almarai Company for the third session for a period of three years starting from date 07/08/2013 by cumulative voting.

11- Approval of the issuance of sukuk in compliance with the provisions of Islamic Law, whether in part or several parts through the issuance of one or a series of issuances from time to time, with the amounts and terms set by the Company as per the Board of Directors approval without referring to the General Assembly of shareholders on this matter, provided that the total amount of the sukuk shall not exceed the paid in share capital of the Company.

12- Authorize the Board of Directors to take all necessary measures to issue such bonds, once the necessary approvals from the relevant authorities have been received. The Board may delegate any or all of its authorization, as per the resolutions stated above, to any person or persons who may then also delegate this authorization. (Continue)

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