December 15 … Salama Insurance BOD votes on directing company to proceed with capital increase procedures

The Board of Directors of Salama Cooperative Insurance Company is invited its shareholders to attend the Extraordinary General Assembly meeting (the first meeting and the second after an hour), which will be held on Sunday 15/12/2022 in presence and through modern technology.
General Assembly Meeting Agenda
Item (1): Vote to direct the company to proceed with the capital increase procedures and obtain the approval of the relevant authorities.
Item (2): In the event of not approving the first item, a vote shall be taken to direct the company to proceed with the procedures for liquidating the company and to obtain the approval of the relevant authorities.
The first Extraordinary General meeting will be valid if attended by shareholders representing at least half of the capital, and if the quorum required for holding this meeting is not met, the second meeting will be held one hour after the end of the period specified for the first meeting, and the second meeting will be valid with Quarter of the capita.
The eligibility for registering the attendance of the General Assembly’s Meeting ends at the convenience of the General Assembly’s Meeting. The eligibility for voting on the business of the Meeting Agenda ends upon the counting Committee concludes counting the votes.