Electrical Industries Co. — Proxy Solicitation & Information Statement 2020

Apr 9, 2020

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

1303 · 09/04/2020 09:27:19 · Announcement #58397 · View on Saudi Exchange

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

Element List	Explanation
Introduction	The Board of Directors of Electrical Industries Co invites the shareholders to attend the Extraordinary General Assembly meeting (First meeting) through modern technology.

Based on CMA circular which stipulates that listed companies to conduct their General Assemblies meetings through Modern Technology and suspend the presence until further notice to ensure the safety of the trader’s in the Saudi Exchange market, and to support the efforts and precautionary measures to prevent the spread of Coronavirus (COVID-19), and in continuation of the continuous efforts made by all government authorizes 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 The company Head Office located Dammam URL for the Meeting Location https://goo.gl/maps/RfD2Znyfcpj Date of the General Assembly's Meeting 2020-05-04 Corresponding to 1441-09-11 Time of the General Assembly's Meeting 21:30 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 As per Article (37) of the Company bylaws, the Extraordinary General Assembly Meeting shall be valid if attended by shareholders representing at least (50%) of the Share Capital. In case of non-completion of the quorum, a second meeting will be held after one hour from the specified period of the first meeting. The second meeting shall be valid if attended by shareholders representing at least 25% of the Share Capital General Assembly Meeting Agenda Attached Proxy Form E-Vote Shareholders registered in the Tadawulaty Online Services website can vote remotely on the items of the general assembly meeting through the (electronic voting) service, knowing that remote voting s will start on Thursday, 7/09/1441H corresponding to 30/4/2020 and will last till the end of Extraordinary General Assembly Meeting. Knowing that the registration and voting on Tadawulaty Service shall be available and free 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 In case of inquiry , yo can contact us through the following :

Direct Number : 0138476112

E- Mail : abdulall@eic.com.sa 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.