Raydan Food Co. — Proxy Solicitation & Information Statement 2021

Apr 18, 2021

Raydan Food Co. Invites Its Shareholders to The Extraordinary General Assembly Meeting (The First Meeting) by Means of Modern Technology (Reminder Announcement)

6012 · 18/04/2021 16:03:55 · Announcement #62876 · View on Saudi Exchange

Raydan Food Co. Invites Its Shareholders to The Extraordinary General Assembly Meeting (The First Meeting) by Means of Modern Technology (Reminder Announcement)

Element List	Explanation
Introduction	The Board of Directors of Raydan Food Co., a Listed Joint Stock Company, are pleased to invite the shareholders for participate and vote to the Extraordinary General Assembly Meeting (EGM), (The First Meeting), scheduled to be held at 10:00 p.m. on Tuesday 27 April 2021 (15 Ramadan 1442) in Jeddah through Tadawulaty Platform (https://www.tadawulaty.com.sa) which allows shareholders to participated in the deliberation and vote the agenda items. This is in support of the preventive and precautionary efforts & 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	By Means of Modern Technology in Jeddah City
URL for the Meeting Location	http://www.tadawulaty.com.sa
Date of the General Assembly's Meeting	2021-04-27 Corresponding to 1442-09-15
Time of the General Assembly's Meeting	22:00
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 Extraordinary General Meeting of the General Assembly shall be held in the presence of shareholders representing at least half of the company's capital, If the quorum required for holding this meeting is not available, 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 if shareholders representing at least a quarter of the capital attend according to Article (33) of the articles of association of the company as calculated The votes are based on one vote per share.
General Assembly Meeting Agenda	1- Voting to amend Article No. (3) of the company's articles of association, related to the company's objectives (attached).

2- Voting to amend Article No. (4) of the company’s articles of association, relating to participation and ownership in companies (attached).

3- To vote on the amendment of Article No. (16) of the company's articles of association, related to the management of the company (attached).

4- Voting to amend Article No. (30) of the Company’s Articles of Association, related to inviting associations (attached).

5- Voting to amend Article No. (50) of the Company’s Articles of Association, related to the liability lawsuit (attached).

6- Vote to approve policies, standards and procedures for membership in the Board of Directors (attached).

7- Vote to approve the Governance Regulations (attached).

8- To vote on the Board of Directors’s recommendation to appoint Professor / Amjad Khaled Kutbi as a member of the Audit Committee, starting from the date of the Assembly, to complete the session of the Audit Committee until the end of the current session on 2022-04-21, succeeding the resigning member Mr. Zahir Fadl Al-Sayed Al-Dabi, (CV attached).

9- To vote on the approval of the Audit Committee's bylaw (attached).

10- To vote on the approval of the Nomination and Remuneration Committee work bylaw for members of the Board of Directors, the committees emanating from the Board and the Executive Management (attached).

11- To vote on the remuneration policy of the Board of Directors, the committees emanating from the Board and the Executive Management (attached).

12- Voting to approve the Conflict of interest policy (attached). Proxy Form E-Vote The shareholders who are registered in the Tadawulaty electronic trading services can remotely vote on the items of the Extraordinary General Assembly Meeting Starting from Friday, 11-09-1442 Corresponding to 23-04-2021, 10:00 am. until the time of the EGM ended, the registration and voting is free of charge and will be available through electronic voting service at (https://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 any inquire about the agenda items of the EGM please contact Investor Relations at:

Phone No. 6781177 12 966+

Email. info@raydan.com.sa

And that is during business hours. 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.