Electrical Industries Co. — AGM Information 2021

Aug 15, 2021

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

1303 · 15/08/2021 09:31:05 · Announcement #64536 · View on Saudi Exchange

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

Element List	Explanation
Introduction	The Board of Directors of EIC is pleased to invite its shareholders to participate and vote at the General Assembly meeting (First Meeting) which is scheduled to be held at 7:30 pm on Tuesday 30/01/1443 corresponding to 07/09/2021 through means of modern technology. This is to ensure the safety of the shareholders and in the context of supporting the preventive and precautionary efforts and measures exerted by the competent and relevant health authorities to address the emerging Corona Virus (COVID-19), and as an extension of the continuous efforts exerted by all government agencies in the Kingdom of Saudi Arabia to take the necessary preventive measures to prevent its spread
City and Location of the General Assembly's Meeting	Company Head office at Dammam City – through modern technology means
URL for the Meeting Location	www.tadawulaty.com.sa
Date of the General Assembly's Meeting	2021-09-07 Corresponding to 1443-01-30
Time of the General Assembly's Meeting	19:30
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	According to Article (36) of the Company's bylaws, the meeting shall be valid if attended by shareholders representing at least 25% of the Company's capital. If the required quorum has not been met, a second meeting will be held after one hour of the scheduled time of the first meeting. The second meeting shall be valid regardless of the number of shares represented.
General Assembly Meeting Agenda	1- Voting on the election of the members of the board of directors from among the candidates for the next term which begins on 10/9/2021 for a period of three years ending on 9/9/2024 (CVs attached).

2- Voting on the formation of the Audit Committee for the new term which begins on 10/9/2021 for a period of three years ending on 9/9/2024, and on its tasks, controls and procedures of its work and the remuneration of its members (Cvs attached). They are:

- Mr. Bader Ibrahim ALSwailem

- Mr. Sattam Abdulaziz ALZamil

- Mr. Abdulaziz Saud ALShabeebi Proxy Form E-Vote Shareholders who are registered in the Tadawulaty can remotely vote on the agenda of the OGM starting from 10:00 am Saturday 27/01/1443H corresponding to 04/09/2021 and will last till the end of the General Assembly Meeting. Please note that the registration and voting on Tadawulaty Service shall be available and free of charge for all shareholders by 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 For Inquiries on General Assembly agenda, please contact:

Tel: 0138476112

Email : abdulall@eic.com.sa Attached Documents     

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