Sinad Holding Co. — AGM Information 2021

May 4, 2021

Aseer Trading, Tourism and Manufacturing Co. invites its shareholders to attend the Ordinary General Meeting (First Meeting) via modern technology

4080 · 04/05/2021 08:02:10 · Announcement #63214 · View on Saudi Exchange

Aseer Trading, Tourism and Manufacturing Co. invites its shareholders to attend the Ordinary General Meeting (First Meeting) via modern technology

Element List	Explanation
Introduction	Aseer Company for Trading, Tourism, Manufacturing, Agriculture, Real Estate and Contracting Board of Directors is pleased to invite its shareholders to attend the Ordinary General Assembly meeting, which will be conducted virtually via modern technologies using Tadawulaty systems, for the safety of shareholders and to support the preventive and precautionary efforts and measures to prevent the spread of Corona virus (COVID-19), and as an extension of 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	The company's management office in Riyadh - via modern technology
URL for the Meeting Location	http://www.tadawulaty.com.sa
Date of the General Assembly's Meeting	2021-05-30 Corresponding to 1442-10-18
Time of the General Assembly's Meeting	18:30
Attendance Eligibility	The eligibility to attend the Meeting , will be for shareholders registered in the Company share registry at the Depository Center as of the end of trading prior to the Meeting day, and as per the rules and regulations.
Quorum for Convening the General Assembly's Meeting	The Ordinary General Meeting shall be valid only if attended by shareholders representing at least half of the Share Capital. In case of non-completion of the quorum at this meeting, a second meeting will be held within one hour of the scheduled time for the first meeting. The second meeting shall be valid regardless of the number of shares represented.
General Assembly Meeting Agenda	1- Voting on the auditor report on the Company’s accounts for the fiscal year ending on 31-12-2020 G. (Attached)

2- Voting on the financial statements for the fiscal year ending on 31-12-2020 G. (Attached)

3- Voting on the Board of Directors' report for the fiscal year ending on 31-12-2020 G. (Attached)

4- Voting on paying an amount of (SAR 1,800,000) as remuneration to the Board members for the fiscal year ending on 31-12-2020 G.

5- Voting on discharging the liability of the Board members for the fiscal year ending on 31/12/2020 G.

6- Voting on the business and contracts concluded or that will be concluded between the Company and Hussein Ali Shobokshi Office of Management Consulting, in which the Board member Hussein Ali Shobokshi has a direct interest. These businesses and contracts are It is an advisory services without preferential terms during the year 2021 and in the amount of (SAR 700 Thousand). (Attached)

7- Voting on amending the policy Remuneration Policy of Board Members, Sub-committees and Executive Management. (Attached)

8- Voting on appointing the external auditor for the Company among nominees based on the recommendation of the Audit Committee to examine, review and audit the second, and third, quarter and annual financial statements, of the fiscal year 2021 G. and the first quarter of the fiscal year 2022 G., and the determination of their fees. Proxy Form E-Vote The shareholders may remotely vote on the General Assembly Meeting’s agenda via (E-voting service) through Wednesday website www.tadawulaty.com.sa. The remote voting will start on Wednesday 14/10/1442 H Corresponding to 26/05/2021 G at (10:00) AM, and the voting will end once the Ordinary General Meeting ended. Please note that registration in Tadawulaty service and voting is provided free of charge. Eligibility for Attendance Registration and Voting Eligibility for Registering the Attendance of the Meeting Ends upon the Convenience of the General Assembly’s Meeting. Eligibility for Voting on the Meeting Agenda Ends upon the Counting Committee Concludes Counting the Votes Method of Communication For any inquiries, please call: 0112353399 Email: Investor@aseercorp.com Attached Documents  

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