Sumou Real Estate Co. — Proxy Solicitation & Information Statement 2024

Nov 13, 2024

Sumou Real Estate Co. announces to Invites its Shareholders to Attend the Extraordinary General Assembly Meeting (First Meeting) through Modern Means of Technology.

4323 · 13/11/2024 23:58:57 · Announcement #83662 · View on Saudi Exchange

Sumou Real Estate Co. announces to Invites its Shareholders to Attend the Extraordinary General Assembly Meeting (First Meeting) through Modern Means of Technology.

Element List	Explanation
Introduction	The Board of Directors of Sumou Real Estate Company is pleased to invite the company shareholders to attend and vote in the Extraordinary General Assembly Meeting (first meeting), scheduled to be held at 7:00 PM on Wednesday, 03/06/1446H, corresponding to 04/12/2024, via modern technology using the Tadawulaty platform
City and Location of the General Assembly's Meeting	Company headquarters - Al Khobar City, Al Yarmouk District - through means of modern technology.
Hyperlink of the Meeting Location	Click Here
Date of the General Assembly's Meeting	2024-12-04 Corresponding to 1446-06-03
Time of the General Assembly’s Meeting	19:00
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 of 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	According to Article (43) of the company’s Articles of Association, an extraordinary general assembly meeting is valid if attended by shareholders who represent at least half of the capital. In the event that the quorum is not completed in the first meeting, the second meeting will be held one hour after the time of the first meeting. The second meeting shall be valid if attended by shareholders representing at least one quarter of the Company’s capital.
General Assembly Meeting Agenda	attached
Proxy Form
The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right	Every shareholder has the right to discuss the topics included in the General Assembly’s agenda, direct questions about them to the members of the Board of Directors, and vote on them through the Tadawulaty platform:

www.tadawulaty.com.sa Details of the electronic voting on the Assembly’s agenda Shareholders registered on the Tadawulaty electronic services website will be able to vote remotely on the assembly’s items through the (electronic voting) service, which will start from 01:00 am, Saturday 28/05/1446 corresponding to (30/11/2024G), until the end of the assembly time. Registration and voting in Tadawulaty services will be available and free of charge to all shareholders using the following link:

www.tadawulaty.com.sa Method of Communication in Case of Any Enquiries If there is an inquiry about the agenda items, contact the following numbers: 0500500229 or 0500900340 or via e-mail info@sumou.com.sa Additional Information All data related to the items of the above general assembly Meeting are available at the Investor Relations Department at the company's headquarters. 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.