Saudi Parts Center GA to vote on 2021 financial statements

The Board of Directors of Saudi Parts Center Company invites the shareholders to attend the Extraordinary General Assembly meeting scheduled to be held, through Online, on Wednesday, 30/11/1443 H corresponding to 29/06/2022 at 19:45, and that will be through Use my trading platform for electronic voting only.

Assembly Agenda items included:

1- Vote on the report of the Board of Directors for the fiscal year ending on 31/12/ 2021

2- Voting on the company’s auditor’s report for the fiscal year ending on 31/12/ 2021

3- Voting on the financial statements for the fiscal year ending on 31/12/ 2021

4- Vote for the appointment of the Company’s auditor from among the candidates on the recommendation of the Audit Committee; This is for, reviewing and auditing the semiannual and annual financial statements of the fiscal year 2022, and determining its fees

5- Voting on authorizing the Board of Directors to distribute interim dividends on a semiannual, quarterly or annual basis for the fiscal year 2022

6- Voting on disbursing an amount of (79,833) riyals as a bonus to the members of the Board of Directors for the fiscal year ending on December 31, 2021 AD

7- Vote on delegating the Board of Directors to the authority of the Ordinary General Assembly with the authorization contained in Paragraph (1) of Article 71 of the Companies Law, for a period of one year from the date of approval of the General Assembly or until the end of the delegated Board of Directors’ session, whichever is earlier, in accordance with the conditions contained in the issued regulatory controls and procedures. In implementation of the Companies Law for Listed Joint Stock Companies.

8- Vote on the amendment of Article No. (2) Of the company’s articles of association related to (company name), (Attached)

9- Vote on the amendment of Article No. (4) Of the company’s articles of association related to (participation and ownership in companies), (Attached)

10- Vote on the amendment of Article No. (11) Of the company’s articles of association related to (trading in shares), (Attached)

Shareholders Registered in the Issuer’s Shareholders Registry in the Depository Centre At the End of the Trading Session Preceding the General Assembly’s Meeting as per Laws and Regulations

Based on the provisions of Article 32 of the company’s articles of association, which states that the first meeting shall not be held unless attended by shareholders representing at least 50% of the capital

Shareholders registered in the Tadawulaty services will be able to vote remotely on the items of the assembly, starting from 10:00 am on Saturday 26/11/1443 H corresponding to 25/06/2022 until the end of the time of the assembly, and registration and voting in the Tadawulati services will be available and free for all shareholders using The following link: http://www.tadawulaty.com.sa/

Eligibility for Registering the Attendance of the General Assembly’s Meeting Ends upon the Convenience of the General Assembly’s Meeting. Eligibility for Voting on the Business of the Meeting Agenda Ends upon the Counting Committee Concludes Counting the Votes