Nahdi Medical GA to discuss amending cash distribution article ‎

The Board of Directors of (Nahdi Medical Company) is pleased to invite the shareholders to participate and vote in the (Extraordinary) General Assembly meeting (the first meeting), which is scheduled to be held, God willing, at 19:00 pm on Monday 23/2/1444 corresponding to 19/9/ 2022, by means of modern technology.

General Assembly Meeting Agenda:

1.Voting on the works and contracts that took place between Nahdi and Mr. Abdulrahman Abdullah Amer Al-Nahdi to provide real estate services to Nahdi, starting from 01/07/2022 for a year, and the value of the transaction was (250,000) SAR annually. Mr. Abdullah Amer Al-Nahdi has an indirect interest, on the prevailing commercial terms and without preferential benefits.

1. Voting on the works and contracts that took place between Nahdi and Alothaim Company. That Nahdi signed lease contracts with Alothaim (Seven) lease contracts to use it as a pharmacies, and the total value of the transactions was (3,872,164) SAR. Whereas Mr. Abdullatif Ali Al-Saif has an indirect interest, and the contract/s with no prevailing commercial terms and without preferential benefits.

3.Voting to amend the introduction of the bylaws, entitled (title). (attached)

1. Voting to amend article (1) bylaws, entitled (Transformation). (attached)
2. Voting to amend article (2) bylaws, entitled Company’s name). (attached)
3. Voting to delete article (12) bylaws, entitled (Certificates of shares). (attached)
4. Voting to amend article (13) bylaws, entitled (Shares trading). (attached)
5. Voting to amend article (14) bylaws, entitled (The shareholders registration).(attached)
6. Voting to amend article (17) bylaws, entitled (Managing the Company). (attached)
7. Voting to amend article (21) bylaws, entitled (The remuneration of the board members). (attached)
8. Voting to amend article (23) bylaws, entitled (The Board meetings). (attached)
9. Voting to merge articles (27,28) bylaws, entitled ( Transformational assembly, the authorities of Transformational assembly). (attached)
10. Voting to amend article (31) bylaws, entitled (Calling for the assemblies’ meetings). (attached)
11. Voting to amend article (32) bylaws, entitled (The attendance of the assemblies). (attached)
12. Voting to amend article (33) bylaws, entitled (Quorum of the ordinary assembly meeting). (attached)
13. Voting to amend article (34) bylaws, entitled (Quorum of the extraordinary assembly meeting).(attached)
14. Voting to amend article (35) bylaws, entitled (The voting in the assemblies).(attached)
15. Voting to amend article (36) bylaws, entitled (Resolutions of the assemblies).(attached)
16. Voting to amend article (47/4) bylaws, entitled (Distribution dividends). (attached)

20.Vote on rearranging and numbering the articles of the company’s bylaws to conform to the proposed amendments in the above (4,5,6,7,8,9,10,11,1213,14,15,16,17,18,19). if approved (attached)

Shareholders registered in Tadawulaty services have the right to vote electronically on the items of the assembly, starting at 01:00 am (morning) on Friday, 16/09/2022, until the time of the assembly. Registration and voting in Tadawulaty services will be available and free for all shareholders using the following link: 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