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Watani Iron Steel 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 watani iron steel Co. is pleased to invite the valued shareholders to attend the meeting of the General Assembly (the first and second meeting after an hour) scheduled to be held through modern technology methods using link (www.tadawulaty.com.sa), In support of preventive and precautionary efforts and measures by the competent and relevant health authorities to address the new coronavirus (COVID-19) and as an extension of the ongoing efforts of all government agencies in Saudi Arabia to take preventive measures to prevent its spread
City and Location of the General Assembly's Meeting The Company HQ in Riyadh
URL for the Meeting Location https://www.tadawulaty.com.sa
Date of the General Assembly's Meeting 2021-05-31 Corresponding to 1442-10-19
Time of the General Assembly's Meeting 20:00
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 Ordinary General Assembly meeting is valid if attended by shareholders representing at least half of the company's capital. If the quorum required for holding this meeting is not available, the second meeting will be held one hour after the end of the period specified for the first meeting, and the second meeting will be valid regardless of the number of shares represented in it.
General Assembly Meeting Agenda 1-Voting on the Board of Directors' report for the fiscal year ending on 31/12/2020

2-Voting on the company's auditor's report for the fiscal year ending on 31/12/2020

3-Voting on the financial statements for the fiscal year ending on 31/12/2020

4-Voting on discharge the members of the Board of Directors from liability for the fiscal year ending on 31/12/2020

5-Voting on appointing the auditor for the Company from among the candidates based on the Audit Committee's recommendation. The appointed auditor shall examine, review, and audit annual financial statements of the fiscal year 2021and semi annual and annual financial statements of the fiscal year 2022 . and the determination of the auditor remuneration

Proxy Form
E-Vote Shareholders registered in the Tadawulati services will be able to vote remotely on the assembly’s articles, starting at (ten) in the morning.

(Five days before the day of the assembly) and until the end of the assembly time, registration and voting in my deliberative services will be available and free of charge to all shareholders using 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 For inquiry about the association’s provisions, we hope to contact the Shareholders Relations Department, direct phone 0112524477

(During official working hours) or email yalmarzooq@watanisteel.sa

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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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Last Price Net Change
62.5 -0.9 (-1.42%)
Value Traded (SAR) Volume Traded
2,757,573.6 44,105

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