Medical Equipment GA approves increasing seats of audit committee members to 4 seats

The Board of Directors of Scientific and Medical Equipment House announced on Wednesday the results of the Ordinary General Assembly meeting (the first meeting), which was held on November 15, 2022, through Modern technology means after completing the legal quorum for the validity of the Ordinary General Assembly meeting.
Voting Results on the Items of the General Assembly’s Meeting Agenda’s:
1- Approval of Board of Directors’ decision to appoint Mr. Hassan bin Ali Al-Jishi (independent) member of the Board of Directors starting from the date of his appointment on 24-08-2022 to complete the Board’s session until the end of the current session on 25-07-2023, to succeed the resigned member, Mr. Bayan Khalil Suleiman (independent).
2- Approval on increasing the number of Audit Committee seats from (3) to (4) seats, whereby the number of Audit Committee members becomes (4) members, by appointing Mr. Muhammad bin Ibrahim bin Abdul Mohsen Al-Hokail a member of an independent board of directors – for the membership of Audit Committee starting from the date of the assembly’s approval until the end of the current committee’s term of office on 13-10-2025.