Saudi Chemical Co. — Proxy Solicitation & Information Statement 2024

Jan 14, 2024

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

2230 · 14/01/2024 09:57:37 · Announcement #77820 · View on Saudi Exchange

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

Element List	Explanation
Introduction	The Board of Directors of Saudi Chemical Co. is pleased to invite shareholders to participate and vote in the Extraordinary General Assembly Meeting on Monday 05/02/2024 at 06:30p.m, corresponding to 24/07/1445H, through a virtual meeting platform.
City and Location of the General Assembly's Meeting	Riyadh – Head Office, Al-Ahsa Street By Means Of Modern Technology
Hyperlink of the Meeting Location	Click Here
Date of the General Assembly's Meeting	2024-02-05 Corresponding to 1445-07-24
Time of the General Assembly’s Meeting	18:30
Methodology of Convening the General Assembly’s Meeting	Via modern technology means
Attendance Eligibility, Registration Eligibility, and Voting End	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 the provisions of Article (38) of the Articles of Association of the company, the Extraordinary General Assembly shall be valid if at least 50% of shareholders attend. In case of non-completion of the quorum at the first meeting, a second meeting shall be held after one (1) hour of the scheduled time of the first meeting. The second meeting shall be deemed valid if at least 25% of the Company Capital.
General Assembly Meeting Agenda	1- Voting on the amendment of Article number (6) of the company’s bylaw, relating to Participation and Ownership in Companies. (Attached).
Proxy Form
The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right	All shareholders registered on Tadawulaty shall be able to remotely vote on the agenda items of the Extraordinary General Assembly virtual meeting, which shall commence at 01:00 am on Saturday 03/02/2024 (corresponding to 22/07/1445H) up to the end of the meeting. Registration and voting in Tadawulaty services shall be available for all shareholders free of charges through the following link: http://www.tadawulaty.com.sa.

The shareholder has the right to discuss and ask questions. Details of the electronic voting on the Assembly’s agenda 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 Any Enquiries For any inquiries about GA items, please contact the Shareholders Officer through:

Phone: 0114515771 FAX: 0112066349

Or through the following email:

Shareholders.Affairs@saudichemical.com 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.