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Saudi Enaya Cooperative Insurance Co. announces to Invites its Shareholders to Attend the ( First Meeting ) Extraordinary General Assembly Meeting through modern technology means

Element ListExplanation
Introduction The Board of Directors of Saudi Enaya Cooperative Insurance Company is pleased to invite its shareholders to attend the Extraordinary General Meeting (First Meeting) which will be held virtually through the modern technology means using Tadawulaty, on Sunday 06/06/1443H (corresponding 09/01/2022G) at 6:30 PM. This is for the safety of the shareholders and to support the efforts and precautionary measures to prevent the spread of Coronavirus (COVID-19) issued by the health ministry and in continuation of support government authorities' efforts to enforce measures that prevent the spread of the pandemic in Kingdome of Saudi Arabia.
City and Location of the General Assembly's Meeting Head quarter, Jeddah - Via modern technology
URL for the Meeting Location www.tadawulaty.com.sa
Date of the General Assembly's Meeting 2022-01-09 Corresponding to 1443-06-06
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 The Extraordinary General Meeting of the General Assembly shall be held in the presence of shareholders representing half of the company's capital. In case of non-completion of the quorum at this meeting, a second meeting will be held within one hour of the scheduled time for the first meeting. The second meeting shall be valid if attended by shareholders representing at least 25% of the Company's capital.
General Assembly Meeting Agenda Resolution(1): To vote on Amana Cooperative Insurance Company’s offer to Merge Saudi Enaya Cooperative Insurance Company into Amana Cooperative Insurance Company to be effected pursuant to Articles (191) to (193) of the Companies Law, through the issuance of (1.05720160) new Amana Cooperative Insurance Company shares for every share in Saudi Enaya Cooperative Insurance Company and the dissolution of Saudi Enaya Cooperative Insurance Company accordingly in accordance with the relevant regulatory requirements and the terms and conditions of the legally binding merger agreement entered into between Saudi Enaya Cooperative Insurance Company with the Amana Cooperative Insurance Company on 49/04/2021G corresponding to 17/09/1442H. Also, to vote on the following matters related to the merger transaction:

A- Vote on the terms of the merger agreement entered into between Saudi Enaya Cooperative Insurance Company and the Amana Cooperative Insurance Company on 29/04/2021G corresponding to 17/09/1442H; and

B- Vote on the authorization of the board of directors of Saudi Enaya Cooperative Insurance Company to adopt any resolution or take any action as may be necessary to implement any of the above resolutions.

Proxy Form
E-Vote The shareholders registered in Tadawulaty services may vote on the items of the General Assembly agenda online starting from 10:00 AM on Wednesday 02/06/1443H corresponding to 05/01/2022 and shall continue until the end of the General Assembly meeting. Please note that registration in Tadawulaty service and voting is provided free of charge for all shareholders through 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 Any questions or quires should be communicated to Investor Relation Officer by calling: 0125923653

Or by email to Invest@saudienaya.com

Additional Information SE Board Circular is attached to this announcement
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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