Bank Aljazira — Proxy Solicitation & Information Statement 2016

Jun 5, 2016

Bank Aljazira invites its shareholders to attend the Extraordinary general assembly Meeting

1020 · 05/06/2016 15:38:58 · Announcement #42881 · View on Saudi Exchange

Bank Aljazira invites its shareholders to attend the Extraordinary general assembly Meeting

Bank AlJazira Board of Directors is pleased to invite the Shareholders to attend the (53rd ) Extra-Ordinary General Assembly Meeting scheduled at 09:45 PM Thursday 25-09-1437H, corresponding to 30-06-2016G at Bank AlJazira Head Office Building located at King Abdul-Aziz Road crossing to Hera Street, Al-Nahda District, Jeddah, Kingdom of Saudi Arabia to consider the following agenda:

1- To vote on Board of Directors Report for the fiscal year ending 31-12-2015.

2- To vote on the Bank Balance Sheet as in 31-12-2015 and on the Profit and Loss Account for the fiscal year ending in that date.

3- To vote on the Auditors Report for the Fiscal Year ending 31-12-2015

4- To vote on releasing the members of the Board of Directors for their liabilities for the fiscal year ending

31-12-2015

5- To vote on the appointment of two auditors from among the candidates selected by the Audit Committee to audit the Banks quarterly and annual financial statements for the fiscal year 2016 and to determine their fees.

6- To vote on the cancellation of the current text existing in Article (17) of the Banks By-Laws concerning qualifying shares of Board Member.

7- To vote on addition of a new text in Article (17) of the Banks By-Laws concerning allowing the company purchase or pledge its shares.

8- To vote on amendment of Article (30) of the Banks By-Laws concerning the general assemblies.

9- To vote on amendment of Article (32) of the Banks By-Laws concerning ordinary general assemblys quorum.

10- To vote on amendment of Article (33) of the Banks By-Laws concerning extra-ordinary general assembly quorum.

11- To vote on amendment of Article (34) of the Banks By-Laws concerning voting rights.

12- To vote on amendment of Article (43) - (b) of the Banks By-Laws concerning dividends distribution.

As per Article (86) of the Saudi Companys Law, any shareholder has the right to attend the Ordinary General Assembly Meeting. He also has the right to authorize another person (other than the Board Directors , the companys staff, or those who are permanently assigned to provide a technical or administrative work for its account) to attend the meeting and vote on the Agenda Subjects in accordance with a proxy attested by a bank , chamber of commerce or working area.

The shareholders who are interested to attend the meeting are requested to register their names and the number of shares owned and present their IDs of shares ownership, within at least one hour before the meeting time to finalize their registration procedures. For the shareholders who wish to make proxies to other shareholders, should consider that the proxies has to be sent before the meeting date to the Banks Management, care of the Board Secretary, Bank AlJazira Head Office P.O. Box 6277 Jeddah 21442, or by fax No. 012-2346846 or 011-2157358.

The meeting shall not be legal unless being attended by shareholders who represent 50% of the Share Capital as per Articles No. (32) Of the Banks By-Laws.

For any queries, please contact through Tel: 012-6098950 or Tel: 011-2157325, or Fax No. 012-2346846, or fax No. 011-2157358.

Board of Directors

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