Satorp GA to discuss business, contracts with concerned parties

Arabian Aramco Total Services Company, a closed joint stock company holding commercial registration number 2055012417 dated 10/10/1431H (the Company) is pleased to invite its shareholders to attend the ordinary general assembly meeting of the Company which will be held virtually via modern technology at 12:00 pm on Thursday 01/12/1443H (corresponding to 30/06/2022 G) from the Company head office in Jubail Industrial City, road 274, Area 9, to consider the following items of the agenda:

1. Vote on the report of the board of directors of the Company for the fiscal year ending 31 of December 2021;
2. Vote on the Company’s financial statements for the fiscal year ending 31 December 2021;
3. Vote on the Company’s auditor’s report for the fiscal year ending 31 December 2021;
4. Release from liability members of the board of directors of the Company for the fiscal year ending 31 December 2021;
5. Vote on the appointment of KPMG as an auditor for the Company from among the Audit Committee’s nominations to audit the Company’s accounts for the fiscal year 2022 and quarterly financial statements and determine the auditor’s remuneration;
6. Vote on the continuation of all works and contracts in which members of the Board of Directors have an indirect interest by virtue of them being representatives/employees of Saudi Aramco Total Refining & Petrochemical Company (SATORP):
7. Prospectus Confirmation Letter Agreement;
8. Subscription Agreement;
9. Subcontractor Agreement;
10. Musharaka (Partnership) Agreement;
11. Onshore Issuer Assignment Agreement;
12. Re-Assignment Instrument;
13. Procurement Agreement;
14. Forward (Ijara) Agreement;
15. Servicing Agency Agreement;
16. Declaration of Agency;
17. Payment Administration Agreement;
18. Costs Undertaking Agreement;
19. STID Deed of Accession;
20. Common Terms Agreement (CTA) Deed of Accession;
21. Musharaka (Pledge) Agreement; and
22. Sukuk Procurement Agreement Sub-Contract Side Letter with Saudi Aramco and authorize them for the following year; and
23. Vote on the audit committee report for the fiscal year ending 31 of December 2021;
24. Vote on the appointment of Sultan G. Tabbara as the Chairman of the Audit Committee

– Sultan Gassan Afif Tabbara holding national ID number 1130053869.

The quorum necessary for the meeting to be in session should be attended by the shareholders representing 50% of the company’s capital. Each shareholder owning 1 or more shall have the right to attend the general assembly meeting whether in person or by proxy, subject to presentation of corroborating evidence or a written power of attorney endorsed by the chamber of commerce, other than the member of the board of directors or employees of the company, to attend the general assembly meeting on their behalf and it should be sent to the Company head office in Jubail Industrial City Road 274 Area 9 and delivered to the company prior 3 day of the meeting.