Baazeem Trading Co. — Proxy Solicitation & Information Statement 2024

Jun 23, 2024

Baazeem Trading Co. Board invites its shareholders to attend the Extraordinary General Assembly Meeting the (First Meeting)

4051 · 23/06/2024 15:47:03 · Announcement #80921 · View on Saudi Exchange

Baazeem Trading Co. Board invites its shareholders to attend the Extraordinary General Assembly Meeting the (First Meeting)

Element List	Explanation
Introduction	The Board of Directors of Baazeem Trading Company is pleased to invite the shareholders to participate and vote in the Company Extraordinary General Assembly Meeting (First meeting) which will be held through means of modern technology at (18:30) on Sunday 08/01/1446 H. corresponding to 14/07/2024 D
City and Location of the General Assembly's Meeting	The company's headquarters in Riyadh, By Means of Modern Technology
Hyperlink of the Meeting Location	Click Here
Date of the General Assembly's Meeting	2024-07-14 Corresponding to 1446-01-08
Time of the General Assembly’s Meeting	18:30
Methodology of Convening the General Assembly’s Meeting	Via modern technology means
Attendance Eligibility, Registration Eligibility, and Voting End	Shareholders who are registered in the issuers shareholders record at the Depositary Center by the end of the trade session prior to the general assembly meeting and in accordance with the laws and regulations. The shareholder has the right to delegate whomever other than the board of directors. The right to register a name to attend the general assembly meeting ends at the time of convening the general assembly meeting. The attendees right to vote on the items of the assembly’s agenda ends upon the end of screening the votes by the Screening Committee.
Quorum for Convening the General Assembly's Meeting	The Extraordinary General Assembly Meeting shall be held in the presence of shareholders representing half of the company's capital. If the quorum is not required to hold this meeting, the second meeting will be held an hour after the end of the period specified for the first meeting, and The second meeting shall be valid if attended by shareholders representing at least a quarter of the capital
General Assembly Meeting Agenda	Voting on the division of the company's shares according to the following: -

The nominal value of the share before the amendment: (10) Saudi riyals.

- The nominal value of the share after the adjustment: (1) Saudi riyals.

- The number of shares before the amendment: 10125000 shares.

- Number of shares after modification: 101250000 shares. - There is no change in the company's capital before and after the stock split.

Effective date: If the clause is approved, the division decision will be effective for all shareholders of the company who own shares on the day of the extraordinary general assembly and are registered in the company’s shareholder register with the Securities Depository Center Company (Edaa) at the end of the second trading day following the date of the extraordinary general assembly. Proxy Form The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right 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

The shareholder has the right to discuss the topics on the assembly's agenda and ask questions. Details of the electronic voting on the Assembly’s agenda The shareholders who are registered in the Tadawulaty electronic trading services can remotely vote on the items of the General Assembly Meeting, through (electronic voting) service at free of charge (voting and registration) noting that the remote voting will start at 01:00 AM on Wednesday 04-01-1446 H ,Corresponding to 10-07-2024D , and continue until the end of the meeting.

https://www.tadawulaty.com.sa Method of Communication in Case of Any Enquiries If you have any inquiry, please contact the management(0114129999 extension no:( 2777 ,2222) or e-mail:

bodirectres@baazeem.com Additional Information We would like to inform all shareholders that there will be a live audio broadcast of the meeting via the link available in Tadawulaty system. 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.