Nama Chemicals GA Discusses Company Financial Statements for 2021

The Board of Directors of Nama Chemical Company invited the honourable shareholders to attend the Ordinary General Assembly meeting, which is scheduled to be held at on Monday 13/06/2022.

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.

The meeting of the Ordinary General Assembly is valid if attended by shareholders representing at least a quarter of the capital, and if the necessary quorum is not available in the first meeting, the second meeting will be held an hour after the end of the period specified for holding the first meeting, and the second meeting will be valid regardless of the number of shares represented in it.

General Assembly Meeting Agenda:

• Voting on the financial statements for the fiscal year ended in December 31st 2021.

• Voting on the company auditor report for the fiscal year ended in December 31st 2021

• Voting on the approval of the report of the board of directors for the fiscal year of 2021.

• Voting on discharging the board of directors for the fiscal year ended in December 31st 2021.

• Voting to pay an amount of SR1,600,000 as a reward to the members of the Board of Directors for the fiscal year ending on December 31st 2021.

• Voting of choosing an auditor for the company from among the candidates based on the Recommendation of the audit committee, in order to examine and audit the financial statements for the second, third and fourth quarter for the year of 2022 and the first quarter of 2023 for the company and determine his fees.

• Voting on the Board of Directors resolution to appoint Mr. Abdullah Jaber Al-Fifi – Audit Committee Chairman – independent member, starting from the date of his appointment on 23/02/2022 until the end of the current session on 16/02/2025, succeeding the resigned member Mr. Fayez Ahmed Al-Ahmari (Independent member).

• Voting on the Board of Directors resolution to appoint Eng. Abdullah Mohammad Al-Salem as member of the Board – Executive Member, in the vacant seat for the current session, starting from the date of his appointment on 08/05/2022 until the end of the current session on 16/02/2025.

Note that the registered shareholders on the Tadawulaty services website can vote remotely on the assembly’s items starting from ten in the morning on Thursday 09/06/2022 until the end of the time of the ordinary general assembly.

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