Kingdom Holding Co. — Proxy Solicitation & Information Statement 2024

Mar 12, 2024

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

4280 · 12/03/2024 16:05:31 · Announcement #78689 · View on Saudi Exchange

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

Element List	Explanation
Introduction	The Board of Directors of Kingdom Holding Company (the “Company”) is pleased to invite its honorable shareholders to participate and vote in the Extraordinary General Assembly Meeting (the First Meeting), through modern technology using Tadawulaty, which is scheduled to be held, on Tuesday evening at nine o’clock (21:00) on 23-09-1445 A.H corresponding to 02-04-2024 AD.
City and Location of the General Assembly's Meeting	Kingdom Holding Company’s Headquarter, Riyadh- via modern technology.
Hyperlink of the Meeting Location	Click Here
Date of the General Assembly's Meeting	2024-04-02 Corresponding to 1445-09-23
Time of the General Assembly’s Meeting	21:00
Methodology of Convening the General Assembly’s Meeting	Via modern technology means
Attendance Eligibility, Registration Eligibility, and Voting End	In accordance with the applicable rules and regulations, shareholders registered in the Company’s shareholders’ register in the Depository Centre at the end of the trading session preceding the general assembly’s meeting are entitled to attend the general assembly meeting.
Quorum for Convening the General Assembly's Meeting	Pursuant to Article 35 of the Company’s bylaws, the meeting of the extraordinary general assembly shall be valid if attended by shareholders representing at least fifty percent (50%) of the share capital. [If the necessary quorum is not available at the first meeting, a second meeting will be held within one hour of the scheduled time for the first meeting, and this meeting will be valid if attended by shareholders representing at least one quarter of the share capital.]
General Assembly Meeting Agenda	1- Voting on the amendment of the Company's bylaws in accordance with the new Companies Law and rearranging the bylaws’ articles and their numbering in line with the proposed amendments. (Attached)

2- Voting on the amendment of Article 17 of the Company’s bylaws relating to (the Composition of the Board of Directors) by increasing the number of members to the board of directors from 8 members to 9 members. (Attached) Proxy Form The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right The right to register a name to attend the general assembly ends upon convening the general assembly meeting. Attendees’ eligibility to vote on the items of the general assembly’s agenda expires once votes’ screening is concluded by the Counting Committee.

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 Shareholders registered in the Tadawulati services can vote electronically on the items of the assembly, starting on Friday Morning at one o’clock (01:00) on 19-09-1445 A.H corresponding to 29-03-2024 AD until the end of the time of the assembly, and registration and voting in the trading services will be available and free for all shareholders using the following link: www.tadawulaty.com.sa Method of Communication in Case of Any Enquiries Shareholders Affairs Department

Phone: (011) 2111111 ext. 2260

Fax: (011) 2111112

Email: IR@kingdom.com.sa

P.O Box 1. Riyadh 11321 Attached Documents  

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