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Allianz Saudi Fransi Cooperative Insurance Co. announces to Invites its Shareholders to Attend the Twinty-third Ordinary General Assembly Meeting ( First Meeting )

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Introduction The Board of Directors of Allianz Saudi Fransi Cooperative Insurance Company is pleased to invite the shareholders to participate in the Twenty-third Ordinary General Assembly Meeting (the first meeting). The meeting is scheduled to be held via means of modern technology, at 7:30 pm on Sunday Muharram 6, 1444, corresponding to August 7, 2022. By means of modern technology using the Tadawulaty system.
City and Location of the General Assembly's Meeting At the company's headquarters in Riyadh, Al-Malaz District, opposite the Gulf Bridge, by means of modern technology
URL for the Meeting Location shorturl.at/dyRXY
Date of the General Assembly's Meeting 2022-08-07 Corresponding to 1444-01-09
Time of the General Assembly's Meeting 19:30
Attendance Eligibility Each shareholder registered in the Company’s shareholder records at Eda’a at the end of the trading session preceding the assembly meeting has the right to electronically register attendance and vote using the Tadawulaty system at the assembly meeting according to the rules and regulations. The right to register attendance at the assembly meeting ends when the assembly is held, and the attendees’ right to vote on the assembly items ends when the Counting Committee finishes counting the votes. The extraordinary general assembly meeting shall be valid if attended by shareholders representing at least half of the capital.

If the quorum is not achieved to hold this meeting, the second meeting will be held an hour after the end of the period specified for convening the first meeting, and the second meeting will be valid if attended by whatever number of shares represented therein.

Quorum for Convening the General Assembly's Meeting 50%
General Assembly Meeting Agenda 1. To Vote on electing the members of the Board of Directors from among the candidates for membership of the company’s Board of Directors for the next term, which starts from 08/08/2022, for a period of three years ending on 07/08/2025. (CVs of the candidates are attached).

2. To vote on the formation of the Audit Committee, and to define its tasks, work controls, and remunerations for its members for the new term, beginning on 08/08/2022 to the end of the session on 07/08/2025. Please, be informed that the candidates (whose CVs are attached) are:

1. Dr. Abdullah Saghir Al-Husseini.

2. Mr. Mohamed Youssef Helmy.

3. Mr. Mustafa Ahmed Jamal Abdul-Latif.

4. Mr. Basil bin Jabr.

5. Mr. Osama Al-Sabiq.

Proxy Form
E-Vote It also urges them to participate in the electronic voting available to the shareholders registered in Tadawulaty website, which enables the shareholders to view and vote on the entire items of the assembly starting from ten in the morning on Wednesday 05/01/1444 AH, corresponding to 03/08/2022 AD, until the end of the assembly meeting. Registration and voting in Tadawulaty services will be free of charge for all shareholders by visiting the website: www.tadawulaty.com.sa
Eligibility for Attendance Registration and Voting Each shareholder registered in the Company’s shareholder records at Eda’a at the end of the trading session preceding the assembly meeting has the right to electronically register attendance and vote using the Tadawulaty system at the assembly meeting according to the rules and regulations. The right to register attendance at the assembly meeting ends when the assembly is held, and the attendees’ right to vote on the assembly items ends when the Counting Committee finishes counting the votes. The extraordinary general assembly meeting shall be valid if attended by shareholders representing at least half of the capital.

If the quorum is not achieved to hold this meeting, the second meeting will be held an hour after the end of the period specified for convening the first meeting, and the second meeting will be valid if attended by whatever number of shares represented therein.

Method of Communication Shareholders’ questions and inquiries will be received by the Department of Shareholder Relations through the following phone numbers: 0118219093 or via email: EGA@allianzsf.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.

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