Sustained Infrastructure Holding Co. — AGM Information 2023

Oct 30, 2023

Saudi Industrial Services Co. announces to Invites its Shareholders to Attend the ( First Meeting ) Extraordinary General Assembly Meeting

2190 · 30/10/2023 15:51:17 · Announcement #76524 · View on Saudi Exchange

Saudi Industrial Services Co. announces to Invites its Shareholders to Attend the ( First Meeting ) Extraordinary General Assembly Meeting

Element List	Explanation
Introduction	The Board of Directors of Saudi Industrial Services Co. are pleased to invite the honorable shareholders to participate and vote in the Extraordinary General Assembly Meeting (the first meeting), remotely through means of modern technology from the company’s headquarters in Jeddah.
City and Location of the General Assembly's Meeting	The company's Headquarters in Jeddah - via modern technological means (Tadawulaty system)
URL for the Meeting Location	www.tadawulaty.com.sa
Date of the General Assembly's Meeting	2023-11-21 Corresponding to 1445-05-07
Time of the General Assembly's Meeting	18:30
Attendance Eligibility	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.
Quorum for Convening the General Assembly's Meeting	The Extraordinary general assembly meeting shall be valid attended by shareholders representing at least 50% of the Company’s capital. In the absence of a quorum required for holding the meeting, a second meeting will be held one hour after the end of the end of period specified for the first meeting, and the second meeting will be valid if attended by a number of shareholders representing at least 25% of the Company.
General Assembly Meeting Agenda	1) To vote on amending the company's bylaws in line with the new companies' law. (attached)

2) To vote on amending Article (2) of the company's bylaws, which is related to the name of the company. (attached)

3) To vote on amending Article (3) of the company's bylaws, which is related to the company's objectives. (attached)

4) To vote on the amendment of the Audit Committee Charter. (attached)

5) To vote on the company’s purchase of a number of its shares and a maximum of (8,160,000) shares and keep them as treasury shares, as the Board of Directors or the authorized persons consider that the share price in the market is less than its fair value. The purchase will be financed from the company’s own resources and authorizing the Board of Directors to complete the process within 12 months of the extraordinary general assembly’s approval date, and the company will keep the purchased shares for a maximum period of (5) years from the date of approval of the extraordinary general assembly. After the expiry of this period, the company will follow the procedures and controls stipulated in the relevant laws and regulations. (attached) Proxy Form The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right. (Mentioning the E-Voting details, if any) Shareholders registered on the (Tadawulaty) electronic services website will be able to vote remotely on the Agenda of the Extraordinary General Assembly meeting, through the electronic voting service, starting from 01:00AM on Friday 03 Jumada Al-Awwal 1445, corresponding to 17 November 2023 until the end of the General Assembly meeting. Registration and voting in (Tadawulaty) services will be available and free of charge to all shareholders using the following link: 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. Shareholders have the right to discuss the topics on the agenda of the Assembly and ask questions. Method of Communication In the event of an inquiry, we hope to contact the Shareholders Relations Department through

Phone number: 0126619500

Email: IR@sisco.com.sa 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.