Thimar GA Approves Bod Recommendation to Change Auditor

The National Agricultural Marketing Company announced on Wednesday the results of the Extraordinary General Assembly meeting (the second meeting), which was held on Tuesday through modern technology means using the Tadawulaty system, after the completion of quorum.

Voting Results on the Items of the General Assembly’s Meeting Agenda’s:

(1) approval on the Board of Directors’ recommendation to change the company’s auditor (Al-Azm, Al-Sudairi, Al-Sheikh and their partners – accountants and legal auditors) at the request of 5% of the shareholders

(2) approval on the appointment (auditor) Osama Abdullah Al-Khuraiji & Partner Company of the company’s accounts from among the candidates on the recommendation of the Board of Directors; This is for examining, reviewing and auditing the financial statements for the third and annual quarter of the fiscal year 2019, and the first, second, third and annual quarters of the fiscal year 2020, and the first, second, third and annual quarters of the fiscal year 2021, and to determine its fees,

 (3) approval Vote on the formation of the Audit Committee, determining its tasks, working controls, and remunerations for its members for the new session, starting from the date of the assembly’s meeting 12 / 10 / 2021 until the end of the session on 13 / 05 / 2023 , noting that the candidates are:

1- Aziz Muhammed Mubarak Al-Qahtani 2- Abdul Aziz Awajan Ayyad Al-Rashidi 3- Khaled Asaad Taqi Khashoggi

 (4) approval on amendment of (1st) article from the company articles of association, related to (establishing of the company).

 (5) approval on amendment of (2nd) article from the company articles of association, related to (name of the company).

 (6) approval on amendment of (3rd) article from the company articles of association, related to (purposes of the company).

 (7) approval on amendment of (4th) article from the company articles of association, related to (participation and ownership in companies).

 (8) approval on amendment of (7th) article from the company articles of association, related to (capital).

 (9) approval on amendment of (8th) article from the company articles of association, related to (shares subscription).

 (10) approval on amendment of (9th) article from the company articles of association, related to (delay of shareholder to pay the share value in time).

 (11) approval on amendment of (10th) article from the company articles of association, related to (issuance of share).

 (12) approval on amendment of (11th) article from the company articles of association, related to (trading of shares).

 (13) approval on amendment of (12th) article from the company articles of association, related to (shareholders record).

 (14) approval on amendment of (13th) article from the company articles of association, related to (issuance of share certificates by the company).

 (15) approval on amendment of (14th) article from the company articles of association, related to (increasing of the capital).

 (16) approval on amendment of (15th) article from the company articles of association, related to (decreasing of the capital).

 (17) approval on amendment of (16th) article from the company articles of association, related to (the company management).

 (18) approval on amendment of (17th) article from the company articles of association, related to (ownership of directors board member for number of shares in the company).

 (19) approval on amendment of (18th) article from the company articles of association, related to (unoccupied position in the directors board).

 (20) approval on amendment of (19th) article from the company articles of association, related to (authorities of directors board members).

 (21) approval on amendment of (20th) article from the company articles of association, related to (rewards of directors board members).

 (22) approval on amendment of (21st) article from the company articles of association, related to (authority of the chairman, vice-chairman, managing director and secretary geneal).

 (23) approval on amendment of (22nd) article from the company articles of association, related to (meetings of the directors board).

 (24) approval on amendment of (23rd) article from the company articles of association, related to (quorum of the directors board meetings).

 (25) approval on amendment of (24th) article from the company articles of association, related to (deliberations of the directors board and attendance of assemblies).

 (26) approval on amendment of (25th) article from the company articles of association, related to (ordinary assembly general).

 (27) approval on amendment of (26th) article from the company articles of association, related to (unordinary assembly general).

 (28) approval on amendment of (27th) article from the company articles of association, related to (constitutional assembly).

 (29) approval on amendment of (28th) article from the company articles of association, related to (appointment of accounts auditor).

 (30) approval on amendment of (29th) article from the company articles of association, related to (authorities and obligations of the accounts auditor).

 (31) approval on amendment of (30th) article from the company articles of association, related to (fiscal year).

 (32) approval on amendment of (31st) article from the company articles of association, related to (financial documents).

 (33) approval on amendment of (32nd) article from the company articles of association, related to (profits distribution).

 (34) approval on amendment of (33rd) article from the company articles of association, related to (profits entitlement).

 (35) approval on amendment of (34th) article from the company articles of association, related to (the company losses).

(36) approval on amendment of (35th) article from the company articles of association, related to (responsibility lawsuit).

 (37) approval on amendment of (36th) article from the company

(38) approval on amendment of (37th) article from the company articles of association, related to (notices).

 (39) approval on amendment of (38th) article from the company articles of association, related to (distribution and publication of the company regulations).

 (40) approval on adding Article No. (35) to the amended articles of association, related to (Committees of the Board of Directors).