Elm GA approves electing 3 independent BOD members

The Board of Directors of Elm Co. is pleased to announce the results of the Extraordinary General Assembly Meeting (First Meeting), with percentage of attending Shareholders at 70.83%.

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

1. Approval of the amendment of Article (Second Article) of the company’s bylaws related to (Company name).
2. Approval of the election of an independent Board of Directors members among the candidates for the current term, commencing from 25/11/2021G. for a term of three years, ending on 24/11/2024G .

The following members were elected:

1- Mr. Faris Ibrahim alrashed Alhumaid – Independent member.

2- Dr. Khaled Abdulaziz AlGhoneim – Independent member.

3- Mr. Abdularahman Mohammed AlOdan – Independent member.

1. Approval of the increasing the number of Audit Committee seats from (4) seats to be (5) seats, and appoint (Mr. Abdularahman Mohammed AlOdan for the membership of Audit Committee) as an independent member of Audit Committee starting from the date of the assembly’s approval until the end of the current committee’s term on 24/11/2024 G.