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Saudi Arabian Mining Company (Ma’aden) Announces the Results of the 12th Ordinary General Assembly Meeting (First Meeting)

Element ListExplanation
City and Location of the General Assembly's Meeting Remotely via modern technology
Date of the General Assembly's Meeting 2020-10-22 Corresponding to 1442-03-05
Time of the General Assembly's Meeting 18:30
Percentage of Attending Shareholders 78.94%
Names of the Board of Directors' Members Present at the General Assembly's Meeting and Names of the Absentees The following Board members attend the meeting:

1) H.E. Suliman bin Abdulrahman AlGwaiz (Vice Chairman)

2) H.E. Eng. Khalid Bin Saleh AlMudaifer

3) Mr. Richard O’Brien

4) Eng. Abdullah bin Mohammed AlIssa

5) Mrs. Lubna Bint Suliman AlOlayan

6) Mr. Abdallah bin Saleh bin Juma’ah

7) Eng. Mosaed bin Sulaiman AlOhali

Apologies of not attending the meeting have been received from:

1) H.E. Yaser bin Othman AlRumayyan (Chairman)

2) H.E. Eng. Abdullah Bin Ibrahim AlSaadan

3) Dr. Klaus Kleinfeld

Names of the Chairmen of the Committees Present at the General Assembly's Meeting or Members of such Committees Attending on Their Behalf Chairman of Audit Committee:

On his behalf Mr. Richard O’Brien

Chairman of Executive Committee:

Mr. Richard O’Brien

Chairman of Remuneration and Nomination Committee:

Eng. Abdullah bin Mohammed AlIssa

Chairman of Safety & Sustainability:

Mr. Richard O’Brien

Voting Results on the Items of the General Assembly's Meeting Agenda's 1. Approve the Board of Directors' Resolution to appoint Eng. Mosaed Sulaiman AlOhali as an Executive Director, effective from his appointment date 1/04/2020 to complete the Board term until the end of the current term on 24/10/2020.

2. Approve the election of the Board of Directors from among the candidates for the next term, which begins on 25/10/2020 for a period of three years, ends on 24/10/2023, elected Board members are:

1) H.E. Yaser bin Othman AlRumayyan (Public Investments Fund representative)

2) H.E. Eng. Khalid Bin Saleh AlMudaifer (Public Investments Fund representative)

3) Mr. Richard O’Brien (Public Investments Fund representative)

4) Dr. Samuel Walsh (Public Investments Fund representative)

5) Dr. Ganesh Kishor (Public Investments Fund representative)

6) Dr. Mohammed bin Yahya AlQahtani (Public Investments Fund representative)

7) H.E. Suliman bin Abdulrahman AlGwaiz

8) Dr. Abdulaziz bin Saleh AlJarbou

9) Mr. Abdullah bin Saleh bin

Juma’ah

10) Eng. Nabilah bint Mohammed AlTunisi

11) Eng. Mosaed bin Sulaiman AlOhali

3. Approve the formation of the Audit Committee for the new term, which begins on 25/10/2020 for a period of three years, ends on 24/10/2023 and on its role, responsibilities, processes and the remuneration of its members candidates are:

1) H.E. Suliman bin Abdulrahman AlGwaiz (Chairman)

2) H.E. Eng. Khalid bin Saleh AlMudaifer (Member)

3) Mr. Walid bin Ibrahim Shukri (Member)

4) Mr. Mike Cheng (Member)

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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