Amana Insurance GA to discuss BOD member election

The Board of Directors of Amana Cooperative Insurance Company is pleased to invite the shareholders to participate and vote in the Ordinary General Assembly Meeting (First meeting), that will be held 6:30 PM. on Thursday 13/01/1444H (Corresponding to 11/08/2022G) conducted physically and through modern technology.

Shareholders registered in the issuer’s shareholders registry in the Securities Depository Center Company (“Edaa”) at the end of the trading session preceding the General Assembly’s Meeting as per Laws and Regulations.

The Ordinary General Meeting of shall be held in the presence of shareholders representing 25% of the company’s capital. In case of non-completion of the quorum at the first meeting, a second meeting will be held within one hour of the scheduled time for the first meeting. The second meeting shall be valid if attended by shareholders representing any percentage of the company’s capital.

General Assembly Meeting Agenda:

1. To vote on electing the members of the Board of Directors from among the candidates for the next cycle which will start from the date of the general assembly on 11/08/2022G for 3 years’ period and will be end on 10/08/2025 (CVs of the candidates are attached)

2. To vote on the approval of the Board of Directors’ businesses from the date of the end of its cycle on 15/05/2022G until the date of the general assembly meeting on 11/08/2022G.

The shareholders may remotely vote on the General Assembly Meeting’s agenda via (E-voting service) through Tadawulaty website www.tadawulaty.com.sa. The remote voting will start on Sunday 07/08/2022G at (10:00) AM, and the voting will end once the General Assembly ends. Please note that registration in Tadawulaty service and voting is provided free of charge.

Additional Information:

Shareholders can attend via modern technology through:

Maaal economical News Home

Also, The shareholder may appoint another person, who is not a member of the Board of Directors or employees of the Company, to attend the meeting by virtue of a written proxy, provided that it is endorsed by one of the Chambers of Commerce and Industry where the shareholder is affiliated with any one of them or if the shareholder is a Company or a legal entity; a licensed bank or authorized persons in the Kingdom provided that the authorizing shareholder holds an account with the attesting bank or authorized person or notary public or persons licensed for attesting. The shareholder or his representative must provide the Company with a copy of the proxy at least two days before the date of assembly and the original proxy shall be presented to the Company on the day of general assembly meeting. The shareholders are requested to be present well in time to complete the registration procedures.

The shareholder or its representative must provide copy of the proxy to the Company two days before at the Company’s address shown below:

Amana Cooperative Insurance Company – Salah Al Din Al Ayoubi rd – Al Zahra Dist. – Riyadh – Building No. 7529 – Zip Code 12811

Or by email Investorsrelations@amana-coop.com.sa