January 22… GASCO GA discusses formation of Audit Committee

The Board of Directors of the National Gas and Industrialization Co. (“GASCO”) invited the shareholders to participate and vote in the Ordinary General Assembly Meeting (First Meeting) scheduled to be held virtually on Saturday, 22/01/2023.

General Assembly Meeting Agenda:

To vote on formation of the Audit Committee for the new term starting on (28/01/2023) for a period of three years and define its role, work procedures and remuneration of its members (as per attached charter). The nominees are:

1- Mr. Ahmed Abdulrahman Al Mohsen

2- Mr. Raed Abdullah Al Tamimi

3- Mr. Fahad Yousef Al Khamis

4- Mr. Mousa Abdullah Al Mousa

Shareholders registered in Tadawulaty system may vote electronically on the General Assembly meeting’s agenda. Electronic voting will start on Wednesday 18/01/2023 and will continue until the General Assembly meeting ends.

The eligibility for registering the attendance of the general assembly’s meeting ends upon the convenience of the general assembly’s meeting. The eligibility for voting on the business of the meeting agenda ends upon the counting committee concludes counting the votes.

The shareholders registered on Tadawulaty website will be notified with a text message explaining the mechanism of participation in the deliberations of the Ordinary General Assembly meeting.