May 22: Leejam Sports to Discuss Interim Dividend Distribution for 2025

28 Apr 2025

Riyadh -Maaal

The Board of Directors of Leejam Sports Co. invited shareholders to attend and vote at the Ordinary General Assembly Meeting (first meeting) scheduled for May 22, 2025.

The agenda includes:

Voting on authorizing the Board of Directors to distribute interim dividends to shareholders on a biannual or quarterly basis for the fiscal year ending Dec. 31, 2025.
Reviewing and discussing the Board of Directors’ report for the fiscal year ending Dec. 31, 2024.
Reviewing and discussing the financial statements for the fiscal year ending Dec. 31, 2024.
Voting on the auditor’s report on the company’s accounts for the fiscal year ending Dec. 31, 2024, following discussion.
Voting on discharging Board members from liability for the fiscal year ending Dec. 31, 2024.
Voting on the payment of SAR 3.167 million as remuneration to Board members for the fiscal year ending Dec. 31, 2024.
Voting on appointing an auditor from among the candidates nominated by the Audit Committee to review and audit the second and third quarters and the annual financial statements for the fiscal year ending Dec. 31, 2025, as well as the first quarter of the fiscal year ending Dec. 31, 2026, and determining their fees.
Voting on authorizing the Board of Directors to exercise the powers of the General Assembly stipulated under Paragraph (1) of Article 27 of the Companies Law for a period of one year from the date of the Assembly’s approval or until the end of the delegated Board’s term, whichever comes first, in accordance with the Implementing Regulations of the Companies Law for listed joint-stock companies.
Voting on amending the Audit Committee regulations.

Shareholders registered in the company’s shareholder register at Edaa at the end of the trading session preceding the Assembly meeting are entitled to attend, in accordance with the relevant laws and regulations. Registration to attend the meeting will close at the start of the Assembly, and the right to vote ends once the counting process is complete.