City Cement Co. — AGM Information 2021

Mar 28, 2021

City Cement Co. announces to Invites its Shareholders to Attend the ( First Meeting ) Ordinary General Assembly Meeting

3003 · 28/03/2021 09:28:19 · Announcement #62445 · View on Saudi Exchange

City Cement Co. announces to Invites its Shareholders to Attend the ( First Meeting ) Ordinary General Assembly Meeting

Element List	Explanation
Introduction	The Board of Directors of City Cement Company is pleased to invite the honorable shareholders to attend the Ordinary General Assembly Meeting (the First Meeting and the second meeting after an hour), via electronic communication means provided by Tadawulaty, This is within the framework of supporting the preventive and precautionary efforts and measures by the relevant health authorities to fight against the corona virus (COVID-19), and as an extension of the continuous efforts made by all government authorities in Saudi Arabia to take the necessary preventive measures to prevent its spread
City and Location of the General Assembly's Meeting	via electronic communication at the company's headquarters in Riyadh
URL for the Meeting Location	www.tadawulaty.com.sa
Date of the General Assembly's Meeting	2021-04-20 Corresponding to 1442-09-08
Time of the General Assembly's Meeting	22:30
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	For this assembly to be valid, the attendance of shareholders representing at least a quarter of capital the Company's capital is required, and if the quorum required for holding the first meeting is not available, the second meeting will be held one hour after the end of the period specified for the first meeting, and the second meeting is valid regardless of the number of shares represented.
General Assembly Meeting Agenda	1- Voting on the company's auditor's report for the fiscal year ended on 31-12-2020.

2- Voting on the company's financial statements for the fiscal year ended on 31-12-2020.

3- Voting the report of the board of directors for the fiscal year ended on 31-12-2020.

4-Voting to discharge the members of the Board of Directors from liability for the fiscal year ended on 31-12-2020.

5- Voting to appointment the company's auditor from among the candidates, based on the recommendation of the audit committee, to examine, review and audit the financial statements for the second, third quarters and annual of the fiscal year 2021 and the first quarter of 2022, and identify their fees.

- Dr. Mohamed Al-Amri & Co. (310,000 SR)

- Talal Abu-Ghazaleh & Co (170,000 SR)

- Al Azem, Al Sudairy, Al Shaikh & Their Partners (390,000 SR)

6- Voting on delegating the Board of Directors to distribute interim dividends on a biannual / quarterly basis for the fiscal year 2021 G.

7- Voting on amending the policy Standards and procedures for membership in the Board of Directors.

8- Voting on paying an amount of (SAR 1,400,000) as remuneration to the Board members for the fiscal year ending on 31/12/2020 G, (200,000) for each member Proxy Form E-Vote Shareholders registered in the Tadawulati services will be able to vote remotely on the assembly’s items starting at (10:00 am) on Saturday 05/09/1442 AH corresponding to 17/04/2021 AD until the Eligibility for Voting on the Business of the Meeting Agenda Ends upon the Concludes Counting the Votes , and registration and voting in my trading services will be available and free for all shareholders using 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 Communication If there are any inquiries regarding the General Assembly agenda, please contact us:

Tel: 0115284107

E-mail: Investors@citycement.sa Attached Documents           

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