National Agricultural Development Co. — Proxy Solicitation & Information Statement 2020

Apr 30, 2020

Nadec Company Announces to its Shareholders the Starting Date of the Electronic Voting on the Agenda Items of the Extraordinary General Assembly Meeting (The First Meeting)

6010 · 30/04/2020 13:53:48 · Announcement #58797 · View on Saudi Exchange

Nadec Company Announces to its Shareholders the Starting Date of the Electronic Voting on the Agenda Items of the Extraordinary General Assembly Meeting (The First Meeting)

Element List

Explanation

Announcement Detail

Based on the Capital Market Authority resolution of 16 March 2020, the General Assembly Meetings of Shareholders should be held virtually through Contemporary Technology which allows shareholders to participated in the deliberation and vote, while the physical Meetings should be suspend until further notice. This resolution supports the efforts and precautionary measures to prevent the spread of Coronavirus (COVID-19), and in continuation to enforce measures which prevent the spread of the COVID-19, Nadec Company's Extraordinary General Assembly Meeting (EGAM) will be held virtually through the Contemporary Technology on Tuesday, 5 May 2020, at 09:30 pm.

The voting on the agenda items of the EGAM will be solely electronically through the Tadawulaty, which will start on Friday, 1 May 2020, 10:00 am, and will stop on Tuesday, 5 May 2020, 10:00 pm.

Only shareholders registered in the Tadawulaty (https://www.tadawulaty.com.sa) can electronically vote on the agenda items of the Extraordinary General Assembly Meeting of Nadec Company. The Company therefore recommends its shareholders to register in the Tadawulaty. Tadawulaty registration and voting are available for free to all shareholders.

Tadawulaty Website: Shareholdrs.Relations@NADEC.com.sa

Attached is the guidelines for electronic voting in Arabic

We draw the attention of the shareholders that they can participate through sending their questions and inquiries regarding the agenda of the EGM via the e-mail, as well as, via the electronic weblink for broadcasting the EGM that will be provided to shareholders through Tadawulaty services. The questions and inquiries will be received as of today until the end of the meeting; and the shareholder is requested to include his or her full name and ID number as a condition to accept the questions and inquiries.

For any inquire please contact Investor Relations at

P: +966 11 2027777 EXT: 17830,17540

M:0533316775

F: +966 11 2027888

Email:

Shareholdrs.Relations@NADEC.com.sa

P.O.Box 2557 Riyadh 11461 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.