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Al-Baha Investment and Development Co. announces to Invites its Shareholders to Attend the ( First Meeting ) Ordinary General Assembly Meeting

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Introduction The Board of Directors of Al Baha Investment and Development is pleased to invite the shareholders to participate and vote in the first ordinary general assembly meeting, which is scheduled to be held, God willing, on Wednesday at 6:30 pm on November 20, 1442 AH corresponding to 06/30/2021 AD, via Modern technology means, in order to ensure the safety of 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 as an extension of the continuous efforts made by all government agencies in the Kingdom of Saudi Arabia in taking the necessary preventive measures to prevent its spread.
City and Location of the General Assembly's Meeting The company's main headquarters - Al Baha - King Fahd Road - by means of modern technology
URL for the Meeting Location www.tadawulaty.com.sa
Date of the General Assembly's Meeting 2021-06-30 Corresponding to 1442-11-20
Time of the General Assembly's Meeting 18:30
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 According to Article No. (32) of the company’s articles of association, the meeting of the Ordinary General Assembly shall be valid if attended by shareholders representing at least a quarter of the capital. If the necessary quorum is not available to hold this meeting, the second meeting will be held an hour after the end of the period specified for convening the first meeting. The second meeting shall be valid regardless of the number of shares represented therein.
General Assembly Meeting Agenda 1. Vote on the report of the Board of Directors for the fiscal year ending on December 31, 2020 AD

2. Vote on the company’s auditor’s report for the fiscal year ending on December 31, 2020 AD

3. Voting on the financial statements for the fiscal year ending on December 31, 2020 AD

4. Vote to absolve the members of the Board of Directors from liability for the fiscal year ending on December 31, 2020 AD

5. Vote for the appointment of the Company's auditor from among the candidates on the recommendation of the Audit Committee; This is for examining, reviewing and auditing the financial statements for the (second, third and fourth) and annual quarters of the 2021 fiscal year, and the first quarter of the 2022 CE, and determining its fees.6. Vote on delegating the Board of Directors to the authority of the Ordinary General Assembly with the authorization contained in Paragraph (1) of Article Seventy-first (71) of the Companies Law for a period of one year from the date of approval of the General Assembly or until the end of the delegated Board of Directors session, whichever is earlier, in accordance with the conditions set out in the controls And the regulatory procedures issued in implementation of the Companies Law for Listed Joint Stock Companies

Proxy Form
E-Vote Note that the registered shareholders in my trading services will be able to vote remotely on the assembly’s items from ten in the morning on Saturday 16 Dhu al-Qa’dah 1442 AH (according to Umm al-Qura time) corresponding to June 26, 2021 AD until the end of the time of the ordinary general assembly, and registration and voting will be in the services of My trading is free and available to all shareholders using the 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 inquiries, please contact the Shareholders Relations Department via mobile number 00966559993883

You can also direct your inquiries to the e-mail of the Shareholder Relations Department

invest@albahacompany.com

Attached Documents  

The Capital Market Authority and the Saudi Stock 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.

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