Chemanol GA to discuss BOD members, committees rewards

The Board of Directors of Methanol Chemicals Company is pleased to invite the Company’s shareholders to attend the Extraordinary General Assembly Meeting (first meeting, and second meeting will be held after one hour) on Thursday 17/11/1443 H. Corresponding to 16/06/2022 at 08:30 pm. The meeting will be held via modern technology provided by Tadawulaty.

General Assembly Meeting Agenda:

1. Voting on amending Article 10 of the Company’s Articles of Association related to Issuance of Shares (attached).
2. Voting on amending Article 13 of the Company’s Articles of Association related to Capital increase, (attached).
3. Voting on amending Article 17 of the Company’s Articles of Association related to Formation of the Board of Directors, (attached).
4. Voting on amending Article 18 of the Company’s Articles of Association related to Membership Termination, (attached).
5. Voting on amending Article 19 of the Company’s Articles of Association related to Board Vacant Position, (attached).
6. Voting on amending Article 20 of the Company’s Articles of Association related to Chairman of Board of Directors, Managing Director, Chief Executive Officer, and Board Secretary, (attached).
7. Voting on amending Article 22 of the Company’s Articles of Association related to the Powers of the Board of Directors, (attached).
8. Voting on removal of Article 23 of the Company’s Articles of Association related to the Powers of the Chief Executive Officer, (attached).
9. Voting on amending Article 24 of the Company’s Articles of Association related to the Remuneration of the Board Members, (attached).
10. Voting on amending Article 25 of the Company’s Articles of Association related to the Board Meetings, (attached).
11. Voting on amending Article 27 of the Company’s Articles of Association related to Attending Assemblies, (attached).
12. Voting on amending Article 47 of the Company’s Articles of Association related to Distribution of profits, (attached).