Alkhorayef AG to vote on business, contracts with related parties

The Board of Directors of Alkhorayef Water and Power Technologies Co. is pleased to invite the shareholders to participate and vote in the Ordinary Meeting of the General Assembly (the first meeting), which will held at (08:30) P.M on Tuesday May 24, 2022 corresponding to Shawwal 23, 1443 AH via modern technology means.

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.

Based on the provisions of the thirty-second article of the company’s articles of association, the meeting of the ordinary general assembly is valid if attended by shareholders representing at least a quarter of the capital. If the necessary quorum is not attend to this meeting, an invitation is sent to a second meeting to be held within the thirty days following the previous meeting. In the manner stipulated in Article (30) of this Bylaw, and in all cases, the second meeting shall be valid regardless of the number of shares represented therein.