Aljouf Water BOD calls on shareholders to vore on BOD member election

The Board of Directors of Al-Jouf Mineral Water Company is pleased to invite the honorable shareholders to participate and vote in the Ordinary General Assembly meeting (the first meeting), which is scheduled to be held through modern technology, God Almighty, at 18:30 on Wednesday 04-02-1444 corresponding to 31-08-2022.

General Assembly Meeting Agenda:

1- To vote on the election of the members of the Governing Council from among the candidates for the next session, beginning on the date of the regular General Assembly on 31/08/2022 and lasting three years, expiring on 30/08/2025 (Candidates’ curricula vitae attached).

2- Voting on the composition of the Review Committee and determining its functions, the rules of its work and the remuneration of its members for the new session from the date of the regular General Assembly on 31/08/2022 until the end of the session on 30/08/2025. The candidates (Their curricula vitae attached) are:

• Hisham Abdel Rahman Mogren
• Fahad Mohammed Ibrahim Al-Habdan
• Mohammed Abdullah Al-Mubarak

3- Vote on the Board of Directors’ leave from 18/07/2022 until the date of the regular General Assembly on 31/08/2022

4- To vote on the works and contracts between the company and Arabian Mining Company in which the member of the Board of Directors Professor/Ashry Saad Al-Ashry has an indirect interest, which is (acting expenses salaries and employees’ stays and no specific conditions) in the amount owed 1,021,035SAR for 2021. (Attached)

5- To vote on the works and contracts between the Company and the Facilities Execution Company in which the member of the Board of Directors Professor Mohammed Saad Al-Ashry has an indirect interest, which is (acting expenses and no specific conditions) in the amount of SAR 1,631,317 for 2021. (Attached)

6- To vote on the works and contracts between the Company and the Development Business Company (Holding Company) which are for the members of the Board of Directors Professor/Ashry Saad Al-Ashry and Professor/Saad Sunitan Hudaib indirect interest therein, which is (acting expenses, water supply and no specific conditions) in the amount owed by SAR 628,384 for 2021. (Attached)

7- To vote on the works and contracts between the company and Al-Rai Environmental Services Company in which the board member Professor/Ashry Saad Al-Ashry has an indirect interest, namely (factory financing for operation and no specific conditions) in the amount of credits of SAR 5,215,109 for 2021. (Attached)

8- To vote on the works and contracts between the Company and the Food Development Business Company in which the member of the Board of Directors Professor/Ashry Saad Al-Ashry has an indirect interest, namely (financing the plant machinery and no specific conditions) in the amount of SAR 804,054 for 2021. (Attached)

9- To vote on the works and contracts between the Company and the Company of Acquisition Holding which are for the members of the Board of Directors Professor/Ashry Saad Al-Ashry and Professor/Saad Sunitan Hudaib indirect interest therein, which are (acting expenses employee dues and no specific conditions) in the amount of SAR 17,425 for 2021. (Attached)

10- To vote on the works and contracts between the Company and the Development Business Company Limited which are for the members of the Board of Directors Professor/Ashry Saad Al-Ashry and Professor/Saad Sunaytan Hudaib indirect interest therein, which is (financing machinery for the factory and no specific conditions) in the amount of SAR 7,566,438 for 2021. (Attached)

11- To vote on the works and contracts between the company and the Wishah al-Watan branch of the Al-Rai Environmental Services Company in which the board member Professor/Ashry Saad Al-Ashry has an indirect interest, namely (acting expenses, salaries of insurance employees and no specific conditions) in the amount of SAR 48,387 for 2021. (Attached)

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

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

Note that the registered shareholders in the Tadawulati services will be able to vote remotely on the items of the assembly starting from 4:00 pm on Sunday 01-02-1444 corresponding to 28-08-2022 until the end of the time of the assembly, and registration and voting in the trading services will be available and free for all shareholders using the following link (www.tadawulaty.com.sa).