| Element List | Explanation |
|---|---|
| Introduction | The board of directors of Saudi Industrial Investment Group (“SIIG”) is pleased to invite SIIG’s shareholders to attend the Extraordinary General Meeting -First Meeting- (“EGM”) scheduled for 7:30 pm on Monday 23-11-1444 H (corresponding to 12-6-2023G), remotely by means of contemporary technology using Tadawulaty. |
| City and Location of the General Assembly’s Meeting | The Company headquarters in Riyadh (Remotely using modern technology). |
| URL for the Meeting Location | Click here |
| Date of the General Assembly’s Meeting | 2023-06-12 Corresponding to 1444-11-23 |
| Time of the General Assembly’s Meeting | 19:30 |
| Attendance Eligibility | Each shareholder registered in SIIG’s shareholders register at the Depository Center (Edaa) as of the end of the trading session preceding the EGM, shall be entitled to attend the EGM, and as per the rules and regulations, shareholders have the right to discuss the topics on the agenda of the Assembly and direct their inquiries. |
| Quorum for Convening the General Assembly’s Meeting | According to SIIG bylaws, the EGM shall be valid if attended by shareholders representing at least 50% of SIIG shares of the company that have voting rights. In case of non-completion of the quorum at this EGM, a second EGM will be held within one hour of the scheduled time for the first EGM, and the second EGM will be valid if attended by shareholders representing at least 25% of SIIG shares of the company that have voting rights. |
| General Assembly Meeting Agenda | 1. Voting on transferring the balance of the statutory reserve amounting (1,047,670,118) riyals as in the financial statements for the year ending on 12/31/2022 to retained earnings.
2. Voting on amending the remuneration policy (attached) |
| Proxy Form |  |
| E-Vote | Shareholders have the right to discuss the topics on the agenda of the Assembly and direct their inquiries. Also, The shareholders who are registered on the website of (Tadawulaty) electronic trading services can remotely vote on the items of the EGM through (electronic voting) service. The remote voting will start at 01:00 am on Thursday 19-11-1444 H (corresponding to 8-6-2023G) and the voting will end once the EGM conclude. Registration and voting via Tadawulaty services will be available and free of charge for 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 | For enquires, please contact Investor Relations at Tel: 0112792522 Ext. 301-201 and or e-mail: info@siig.com.sa |
| Attached Documents | |
