Tanmiah GA to vote on business, contracts with concerned parties

The Board of Directors of Tanmiah Food Company is pleased to invite the company’s shareholders to participate and vote in Ordinary General Assembly Meeting (First Meeting) scheduled to be held, God willing, on Sunday, corresponding to 27-11-1443 H, June 26, 2022, at 6:30 pm. The meeting will be by virtual means.

General Assembly Meeting Agenda:

1. Voting on the appointing of the Company’s Auditor among the recommended candidates by the Audit Committee, to examine, review, and audit the financial statements for Q2, Q3 annual statement for the fiscal year 2022 and Q1 of the year 2023 and determine its fees.
2. Voting on the formation of the Audit Committee, and the definition of its duties, work regulations, and remuneration of its members for the new term, starting from the date of formation until the end of the term on 16/04/2025 G. Following are the candidates, (whose CVs are attached):

– Mr. Kamel Bin Salahuldin AlMunajjed.

– Mr.Jamal Bin Abdullah Al Dabbagh.

– Mr.Mohamed Husnee Jazeel.

– Mr. Vincent Carton.

1. Voting on the transactions and contracts performed between the company and Qemah and Dukkan for Groceries Company, LTD, and renew it for next year, in which two members of the Board of Directors his excellency Mr. Amr Al-Dabbagh (Chairman of the board of directors) and Mr. Jamal Al Dabbagh (Vice-chairman of the board of directors) in their personal capacity, The nature of the transaction is Sale of goods, without preferential conditions, as they own a 20% each of Qemah and Dukkan for Groceries Company, LTD.

The transactions and contracts commenced in 2021 amounted to Twelve Million Three Hundred Ninety-one Thousand One Hundred and Eleven Saudi Riyals (12,391,111) Saudi Riyals. (Attached).

Shareholders registered in the Tadawulaty services will be able to vote remotely on the items of the assembly, starting from 10:00 AM on Wednesday, corresponding to 23-11-1443 H, June 22, 2022, until the end of the time of the assembly, Tadawulaty services will be free and available through using the link (www.tadawulaty.com.sa)

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