Thob Al Aseel Co. — AGM Information 2021

Aug 5, 2021

Thoub Al Aseel Invites its shareholders to attend the Ordinary General Assembly meeting (the first meeting) by means of modern technology

4012 · 05/08/2021 16:06:48 · Announcement #64405 · View on Saudi Exchange

Thoub Al Aseel Invites its shareholders to attend the Ordinary General Assembly meeting (the first meeting) by means of modern technology

Element List	Explanation
Introduction	The board of directors of Thoub AL Aseel is pleased to invite all shareholders to participate and vote in the Ordinary General Assembly Meeting ( The First Meeting and second meeting an hour after the first ) which will be held at 8:30 pm on Thursday dated 18-01-1443 AH corresponding to 26-08-2021 AD G through modern technology. This is in the interest of the safety of the shareholders and within the support of preventive and precautionary efforts and measures by the competent and relevant health authorities to address the emerging corona virus (COVID-19), and an extension of the continuous efforts made 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	Thoub ALaseel Head Office at Riyadh the Will be conducted Virtually using Tadawulty platform
URL for the Meeting Location	(www.tadawulaty.com.sa))
Date of the General Assembly's Meeting	2021-08-26 Corresponding to 1443-01-18
Time of the General Assembly's Meeting	20:30
Attendance Eligibility	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	Each shareholder who is registered in the company’s shareholders ’register at the Depository Center is entitled to attend the meeting at the end of the trading session preceding the meeting, according to the rules and regulations. The meeting of the general assembly shall be valid if it is attended by shareholders representing at least a quarter of the capital, and if the quorum required for holding this meeting is not available, the second meeting will be held one hour after the period specified for the first meeting and the second meeting will be valid regardless of the number of shares represented in it.
General Assembly Meeting Agenda	1. Voting on the election of the Board of director’s members among the candidates for among for the next session, which begins on 04-09-2021 G (CVs of all candidates are attached) Noting that if the voting Results do not enable the company to appoint the minimum number of independent members in the board according to the regulatory requirements, independent members will be replaced by non-independent members according to the number of votes they will obtain.

2.voting on delegating the Board of Directors (elected for the next session) with the authority of the Ordinary General Assembly relating to the permission mentioned in paragraph (1) of Article (71) of the Companies Law, for one year from the consent date of the Ordinary General Assembly or until the end of the Board of Directors session whichever is earlier, in accordance with the regulatory rules and procedures issued and pursuant to the companies law relating to listed joint stock companies. Proxy Form E-Vote Shareholders registered on the Tadawulaty Services website will be able to vote remotely on the Society’s articles through the service

(Electronic voting), which will start from ten o'clock

From Sunday morning, 13/01/1443 AH corresponding to 22/08/2021 AD until the end of the assembly time, registration and voting in my trading 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 Method of Communication And in case of any inquiries, we hope to contact the Shareholders Relations Department at the following address:

Al-Aseel Company

P.O. Box 11426 Riyadh 23236

Phone 0114652000 ext. 777

aalomar@alaseel.com Attached Documents     

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