Arabian Pipes Co. — AGM Information 2021

Apr 6, 2021

An Invitation for the shareholder to attend the Ordinary General Assembly (first meeting) of the Arabian Pipes company via Modern Telecommunication Technology

2200 · 06/04/2021 08:53:32 · Announcement #62677 · View on Saudi Exchange

An Invitation for the shareholder to attend the Ordinary General Assembly (first meeting) of the Arabian Pipes company via Modern Telecommunication Technology

Element List	Explanation
Introduction	-The Board of Directors of The Arabian Pipe Company is pleased to invite the Company’s shareholders to attend the ordinary general assembly meeting (first meeting), scheduled to be held at 09:45 pm on Tuesday 15 Ramadan 1442 AH, corresponding to April 27, 2021 AD, in Riyadh: www.tadawulaty.com.sa to ensure the safety of dealers in Stock Exchange Market, in the context of supporting the preventive and precautionary measures conducted by relevant authorities to address the new Corona Virus (COVID-19) and as an extension of the continuous efforts exerted by all governmental authorities in The Kingdom of Saudi Arabia in taking the necessary preventive measures to curb its spread.
City and Location of the General Assembly's Meeting	Riyadh city
URL for the Meeting Location	www.tadawulaty.com.sa
Date of the General Assembly's Meeting	2021-04-27 Corresponding to 1442-09-15
Time of the General Assembly's Meeting	21:45
Attendance Eligibility	Shareholders Registered in the Issuer’s Shareholders Registry in the Depository Centre At the End of the Trading Session Preceding the General Assembly’s Meeting as per Laws and Regulations
Quorum for Convening the General Assembly's Meeting	The Ordinary General Meeting shall be valid only if attended by shareholders representing at least 25% of the Share Capital. In case of non-completion of the quorum at this meeting, a second meeting will be held after one hour of the scheduled time for the first meeting. The second meeting shall be valid regardless of the number of shares represented.
General Assembly Meeting Agenda	1-Voting on the recommendations of the Audit Committee, on the appointment of the auditor, from amongst the nominees, to audit the quarterly (Q2, Q3 and Q4) and annual financial statements for 2021, in addition to Q1 2022 financial statements, as well as determining their fees.

2-Voting to elect board members from the candidates for the next term which will start from 22/05/2021 for three years and ends on 21-05-2024. (CVs of the candidates are attached)

3-Voting on appointing an Audit Committee and defining their duties, operations, and remunerations of the members for the new term, starting on 22/05/2021 for three years. The candidates are (CVs attached):

A. Saad Falah Al-Qahtani. (Membership type: independent).

B. Azzam Saud Al-Mudheim (Membership type non-executive)

C. Haitham bin Tawfiq al-Freih. (Membership type : outside the board of directors)

D. Saleh al-Fadl (Membership type: outside the board of directors ) Proxy Form E-Vote The shareholders may remotely vote on the General Assembly Meeting’s agenda via (E-voting service) through Tadawulaty website. The remote voting will start on Friday 11/09/1442 H Corresponding to 23/04/2021 G at (10:00) AM, and the voting will end once the Ordinary General Meeting ended. Please note that the registration and voting in Tadawulaty service is provided free of charge on the following link: www.tadawulaty.com.sa Eligibility for Attendance Registration and Voting Eligibility for Registering the Attendance of the General Assembly’s Meeting Ends upon the Convenience of the General Assembly’s Meeting. Eligibility for Voting on the Business of the Meeting Agenda Ends upon the Counting Committee Concludes Counting the Votes Method of Communication For inquiries and questions about the agenda items of the AGM can be contacted with the management of shareholders:

0112650123 EX:201

E-mail: albara.saleh@arabian-pipes.com

postal address: 42734 Riyadh 11551 Attached Documents        

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