The Savola Group invites its shareholders to attend the General Assembly Meeting (No.41) (First Meeting) physically (in person) and via modern technology means.
| Element List | Explanation |
|---|---|
| Introduction | The Savola Group Board is pleased to invite the esteemed shareholders to participate and vote in the General Assembly Meeting (No.41), which will be held Physically (in person) and via modern technology means at 07:30 PM Monday 16 May, 2022 corresponding to 15 Shawal 1443H (as per Um Al-Qura Calendar); knowing that the precautionary and preventive measures issued by the competent authorities will be applied. |
| City and Location of the General Assembly's Meeting | At Savola’s Headquarter in Jeddah, Al-Shati District – Savola Tower, and through the electronic voting service (Tadawulaty) |
| URL for the Meeting Location | URL for the Meeting Location |
| Date of the General Assembly's Meeting | 2022-05-16 Corresponding to 1443-10-15 |
| Time of the General Assembly's Meeting | 19:30 |
| 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 | The General Assembly Meeting will reach its quorum, if attended by a number of shareholders representing 25% of the share capital of the Company, if such quorum is not present at the first meeting, an invitation shall be sent for a second meeting to be held after a lapse of an hour from the preceding meeting. The second meeting shall be valid regardless of the number of shares represented therein as per the company’s bylaws. |
| General Assembly Meeting Agenda | Attached |
| Proxy Form |  |
| E-Vote | The shareholders, who are registered in the Tadawulaty electronic trading services, can remotely vote on the items of the General Assembly Meeting Starting from Thursday 12 May 2022 corresponding to 11/10/1443 at 10:00 a.m. until the end of the AGM. The registration and voting is free of charge and will be available through the electronic voting service following link: (https://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 Meeting Agenda items ends when the Counting Committee Concludes Counting the Votes. |
| Method of Communication | For more information, please contact us through the following: Direct phone No.: 012- 2687840 or Fax No.: 012-2687828 Savola Group 2444 Taha Kusaifan-Ashati District Unit No. 15 , Jeddah 23511-7333 Ashati District, Jeddah, Prince Faisal Bin Fahd Road, Or through the following email: CGNour@savola.com |
| Additional Information | For more details, the Company has attached the documents pertaining to the agenda items (where applicable) accompanying this announcement for your kind review and access. The Company also assures the attending shareholders that the health status verification procedures through (Tawakkalna) application will be applied before entering the meeting venue, as well as wearing the masks in closed places. |
| 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.