Maharah Human Resources Co. — AGM Information 2021

May 25, 2021

Maharah Human Resources Co. announces to Invites its Shareholders to Attend the ( First Meeting ) Ordinary General Assembly Meeting

1831 · 25/05/2021 08:10:19 · Announcement #63521 · View on Saudi Exchange

Maharah Human Resources Co. announces to Invites its Shareholders to Attend the ( First Meeting ) Ordinary General Assembly Meeting

Element List	Explanation
Introduction	The Board of Directors of Maharah Human Resources Company are pleased to invite its shareholders to attend the fifth Ordinary General Assembly Meeting (the first meeting, the second after one hour), which will be held remotely on Tuesday 05-11-1442 AH corresponding to 15-06-2021 AD, at (20:30) PM.

The Meeting will be held remotely to insure the safety of shareholders, and within the support of preventive and precautionary efforts and procedures taken by the competent and relevant health authorities to avoid the new Coronavirus (COVID-19), and as an extension of the continuous efforts made by all government authorities in the Kingdom of Saudi Arabia to take the necessary preventive procedures to prevent its spread. City and Location of the General Assembly's Meeting The city of Riyadh, the headquarters of the company, Where the shareholders can join the meeting via the following link: https://www.tadawulaty.com.sa URL for the Meeting Location https://www.tadawulaty.com.sa Date of the General Assembly's Meeting 2021-06-15 Corresponding to 1442-11-05 Time of the General Assembly's Meeting 20:30 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 The First Ordinary General Assembly Meeting will be valid if attended by shareholders representing at least Quarter of the capital, and if the quorum required for holding this meeting is not meet, the second meeting will be held one hour after the end of the period specified for the first meeting, and the second meeting will be valid regardless of the number of shares represented in it. According to the text of Article (32) of the company's articles of association. General Assembly Meeting Agenda 1. 1. Voting on the Board of Directors' report for the fiscal year ending on December 31, 2020.

2. 2. Voting on the company's auditor's report for the fiscal year ending on December 31, 2020 AD.

3. 3. Voting on the annual financial statements for the fiscal year ending on December 31, 2020.

4. 4. Voting to appoint the company's external 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 and annual quarters of the fiscal year 2021 AD and the first quarter of the fiscal year 2022 AD, and determine their fees.

5. 5. Vote to absolve the members of the Board of Directors from liability for the fiscal year 2020 AD .

6. 6. Voting to authorize the Board of Directors to distribute interim dividends, semi-annually or quartely for the fiscal year 2021 AD.

7. 7. Voting to authorize the Board of Directors of the authority of the Ordinary General Assembly with the license mentioned in Paragraph (1) of Article 71 of the Companies Law, for a period of one year, starting from the date of the association’s approval or until the end of the session of the authorized Board of Directors, whichever is earlier, in accordance with the conditions mentioned in the controls And the regulatory procedures issued in implementation of the Companies Law for listed joint stock companies.

8. 8. Voting on the business and contracts that have been concluded between the company and Atyaf Support Services Company, which the following board members: Mr. Suleiman Al Majid, Mr. Abdullah Al Majid, Dr. Saud Al Shathry, Mr. Ali Al Damati, Dr. Abdullah Al Amro have indirect interest in them, which are strong services She worked for one year without any preferential conditions, and the transaction value was 94,108,065 Saudi riyals year 2020 AD (attached).

9. 9. Voting on the business and contracts concluded between the company and Maharah Travel and Tourism Company, which the following board members: Mr. Suleiman Al-Majid, Mr. Abdullah Al-Majid, Dr. Saud Al-Shathry, Mr. Ali Al-Damati, Dr. Abdullah Al-Amro have an indirect interest in them, which are amounts Due to them from purchasing airline tickets for a year without any preferential terms, and the transaction value was 5,870,275 Saudi riyals year 2020 AD (attached).

10. 10. To vote on an amount of (4,825,500) Saudi riyals, as remuneration and compensation for members of the Board of Directors for the fiscal year ending on December 31, 2020 AD. Proxy Form E-Vote Shareholders registered on the Tadawulati Services website will be able to vote remotely on the General Assembly’s Meeting Agenda through the (Electronic Voting) service, which will start from Friday morning (10:00 AM) dated 01-11-1442 AH corresponding to 11-06-2021 AD and ending when the General assembly meeting finishes. The registration and voting on the Tadawulaty platform are freely available for all shareholders by using the following link: www.tadawulaty.com.sa Eligibility for Attendance Registration and Voting the Eligibility for Attendance of the General Assembly’s Meeting Ends upon the Convenience of the General Assembly’s Meeting. Eligibility for Voting on the items of the Meeting Agenda Ends upon the Counting Committee Concludes Counting the Votes. Method of Communication For more information or inquiries, kindly contact the Shareholders Relations Department by phone at the following number: 920009633 Ext (1002), or via email: investors@maharah.com during the company's official business hours from Sunday to Thursday from 09:00 AM until 05:00 PM. 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.