General Assembly of Jarir Marketing Elects 8 Members to BOD

02 Mar 2022

Riyadh-Maaal

Jarir Marketing Company announced on Wednesday the Results of the Ordinary General Assembly Meeting (First Meeting). The percentage of attending shareholders is 58.65%.

1. Approval of the selection of the following candidates from among the candidates to manage the company for the next term, commencing from 09.03.2022, for a term of three years, ending on 08.03.2025:

1) Mr. Muhammad bin Abdul Rahman Al-Agil.

اقرأ المزيد

2) Mr. Abdullah bin Abdul Rahman Al-Agil.

3) Mr. / Abdul Karim bin Abdul Rahman Al-Agil.

4) Mr. Nasser bin Abdul-Aziz Al-Ageel.

5) Mr. Fahd bin Abdullah Al-Kasim.

6) Mr. Abdul Rahman bin Ismail Trabzoni.

7) Mr. Muhammad Dahesh Othman Al-Dahesh.

8) Mr. Asmaa bint Talal Hamdan.

2. Approval of 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 the assembly on 09.08.2022. until the end of the term on 08.03.2025. The following are the names of the candidates:

– Mr. Abdulsalam bin Abdulrahman Al-Agil (Non-Executive Member – from outside the Board

– Mr. Muhammad Dahash Othman Al Dahash (Independent member – from within the Board).

– Mr. Medhat Farid Abbas Tawfiq (Independent member – from outside the Board).

3. Approval to stop the (10%) net profit to form a regular reserve for the company, in order to reach the regular reserve as on 30.09.2021. (30.6423%) of the capital, starting from the financial results ending in 31.12.2021.

4. Approval of the appointment of Price water house Coopers (PWC) as the company’s auditor from among the candidates based on the recommendation of the Audit Committee of the auditor for the Company from among the candidates based on the Audit Committee’s recommendation. The appointed auditor shall examine, review and audit the second, third, and fourth quarter and annual financial statements, of the fiscal year 2022, and the first quarter of the fiscal year 2023, and the determination of the auditor’s remuneration.