Saudi Industrial Development Co. — Proxy Solicitation & Information Statement 2024

Aug 28, 2024

The Saudi Industrial Development Company “SIDC” invites its shareholders to attend the Extra-ordinary General Assembly Meeting which include the reduction of the company’s capital (Third Meeting) via modern technology means.

2130 · 28/08/2024 16:19:44 · Announcement #82295 · View on Saudi Exchange

The Saudi Industrial Development Company “SIDC” invites its shareholders to attend the Extra-ordinary General Assembly Meeting which include the reduction of the company’s capital (Third Meeting) via modern technology means.

Element List	Explanation
Introduction	The Board of Directors of the Saudi Industrial Development Company (SIDC) is pleased to invite shareholders to participate and vote in the Fourth Extra-ordinary General Assembly’s Meeting – No. (4) (Third Meeting) scheduled to convene at 06:30 p.m. on Thursday 16/03/1446 HA corresponding to 19/09/2024 (according to Um al-Qura Calendar) – via modern technology means.
City and Location of the Extraordinary General Assembly's Meeting	Company headquarters - Jeddah City - Prince Mohamed bin Abdulaziz St. – via modern technology means.
Hyperlink of the Meeting Location	Click Here
Date of the General Assembly's Meeting	2024-09-19 Corresponding to 1446-03-16
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 who are registered in the issuers shareholders record at the Depositary Center by the end of the trade session prior to the general assembly meeting and in accordance with the laws and regulations. The shareholder has the right to delegate whomever other than the board of directors. The right to register a name to attend the general assembly meeting ends at the time of convening the general assembly meeting. The attendees right to vote on the items of the assembly’s agenda ends upon the end of screening the votes by the Screening Committee.
Quorum for Convening the General Assembly's Meeting	The Extra-ordinary General Assembly meeting will be valid irrespective of the number of shares represented therein.
Meeting Agenda	Attached.
Proxy Form
The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right	The Shareholder has the right to discuss items enlisted on the agenda and ask questions, also, shareholders registered in Tadawulaty services can vote electronically and remotely on the agenda items.
Details of the electronic voting on the Assembly’s agenda	Shareholders registered on the Tadawulaty services will be able to vote remotely on the items of the assembly agenda starting from 1 o'clock in the morning on Monday 13/03/1446 AH corresponding to 16/09/2024 AG until the end of the time of the assembly, and registration and voting in Tadawulaty services will be available and free of charge for all shareholders using the following link: www.tadawulaty.com.sa.
Method of Communication in Case of Any Enquiries	In case of any inquiries about the items of the Assembly, please contact the Shareholders Relations Department, phone number 012-6102222, or e-mail info@sidc.com.sa.
Attached Documents

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