Alhokair‏ ‏GA to vote on business, contracts with related parties ‎

The Board of Directors of Fawaz Abdulaziz Alhokair Co. is pleased to invite its valued shareholders to participate and vote in the Ordinary General Assembly meeting (the first meeting), which is scheduled to be held at 8:00 pm on Wednesday 02/03/1444H corresponding to 28/09/2022G through modern technical means using the Tadawulaty system.

Meeting Agenda:

Voting on the business and contracts that took place between the group and Arabian Centers Company, in which the members of the board of directors, Fawaz Abdulaziz Al-Hokair, Abdul-Majid Abdulaziz Al-Hokair, Omar Abdulaziz Al-Mohammadi and Muhammad Rafiq Murad have an indirect interest in them, and they are real estate rental payments, bearing in mind that the amount of The transactions for the fiscal year ending on March 31, 2022 AD are 097,146,424 riyals. It should also be noted that these transactions are carried out on a commercial basis and there are no preferential terms.

Shareholders registered on Tadawulaty will be able to vote electronically on the Assembly’s agenda items starting from 01:00 AM on Sunday 29/02/1444H corresponding to 25/09/2022G and until the end of the Assembly’s meeting time on Wednesday 02/03/1444H corresponding to 28/09/2022G.

Registration and voting for Tadawulaty services will be free and available to all shareholders via the following link: tadawulaty.com.sa

Eligibility for registering to attend the General Assembly meeting ends upon the commencement of the meeting.

Eligibility for voting on meeting agenda ends upon the conclusion of vote count by the Counting Committee.

The General Assembly meeting is valid if attended by shareholders representing at least half of the Company’s capital.