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Allianz Saudi Fransi Cooperative Insurance Co. Announces the Results of the Twenty-Third Ordinary General Assembly Meeting, (Second Meeting)

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Introduction Allianz Saudi Fransi Cooperative Insurance Company announces the results of the Twenty-Third Ordinary General Assembly meeting (the second meeting), which was held an hour after the first meeting, which was not held due to lack of quorum, on Sunday evening 8:30 pm on 01/09/1444 corresponding to 07/08/2022 at the company’s headquarter located in Al Safwa Commercial Building - Khurais Road - near to the Gulf Bridge – Al Malaz District – Riyadh, SA., which was held remotely through modern technology, where the quorum for the meeting was completed at 65.4% of the shares represented in the company’s capital
City and Location of the General Assembly's Meeting At the headquarters of the company’s headquarters located in Al Safwa Commercial Building - Khurais Road - near the Gulf Bridge - Malaz District - in Riyadh, which was held through modern technology
Date of the General Assembly's Meeting 2022-08-07 Corresponding to 1444-01-09
Time of the General Assembly's Meeting 20:30
Percentage of Attending Shareholders 65.4%
Names of the Board of Directors' Members Present at the General Assembly's Meeting and Names of the Absentees The meeting was attended by the following board members:

1. Eng. Al-Waleed Al-Dryyan (Chairman of the Board).

2. Mr. Mazen Al-Tamimi - Vice Chairman of the Board of Directors

3. Mr. Anuj Agarwal - Chief Executive Officer and Member of the Board of Directors

4. Dr. Abdullah Al-Husseini - Member of the Board of Directors - Chairman of the Audit Committee

5. Mr. Basel bin Jabr – Member of the Board of Directors - Chairman of the investment committee

The following members of the Board of Directors did not attend the meeting:

1. Mr. Kamel Salah Al-Din Al-Munajjed - Member of the Board of Directors - Chairman of the Remuneration and Nomination Committee

2. Mr. Mohamed Amin Benabbou - Member of the Board of Directors -Chairman of the Risk Committee

3. Mr. Patrick Theils - Member of the Board of Directors

Names of the Chairmen of the Committees Present at the General Assembly's Meeting or Members of such Committees Attending on Their Behalf 1. Dr. Abdullah Al-Husseini - Member of the Board of Directors - Chairman of the Audit Committee

2. Mr. Basel bin Jabr – Member of the Board of Directors - Chairman of the Investment Committee

Voting Results on the Items of the General Assembly's Meeting Agenda's 1) Approving the election of board members from the candidates for company Board of Directors membership for the next session starting on the 8th of august 2022 for three years ending on 7th of August 2022:

1) Eng. Alwaleed Al Dryaan

2) Mr. Anuj Agarwal

3) Mr. Patrick Telis

4) Mr. Mohammad Ameen Benabbou

5) Mr. Adel Malawi

6) Mr. Bader Bin Hamad Al Salloum

7) Dr. Abdullah Sughair Al-Hussaini

8) Mr. Osama Mohammad Al Sabeg

9) Mr. Basel Mohammed Bin Jabr

2) Voting to form auditing committee and set their tasks and duties as well as the incentives for the committee members for the new session as of 8th August 2022 up to the expiry of the session on 07 August 2022 knowing that the candidates (whose CVs are attached herewith) namely:

1- Dr. Abdullah Sughair Al-Hussaini

2- Mr. Mohammad Youssef Helmi

3- Mr. Mostafa Ahmad Gamal Abdullatif

4- Mr. Basel Mohammed Jabr

5- Mr. Osama Mohammed Al Sabeg

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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