Al-Etihad Cooperative Insurance GA approves election of 7 Board members

The Board of Directors of Al-Etihad Cooperative Insurance Company announced the results of the Ordinary General Assembly meeting (First meeting), which was held at 6:30 PM on Thursday, 05/01/2023, in presence and through modern technology, after reaching the quorum for the validity of the meeting according to the company’s articles of association. The percentage of attending shareholders reached 42.29%.

Voting Results on the Items of the General Assembly’s Meeting Agenda’s

First: Approval of the election of the following members of the Board of Directors for the new period of three years starting from 06.01.2023 until 05.01.2026

1. Mr. Yousef Saad Al Saad
2. Mr. Naif Al Turairi
3. Mr. Fahad Sulaiman Al Dalali
4. Mr. Tareq Fahad Bouresly
5. Mr. Eyad Abdulrahman Al Bunyan
6. Mr. Ahmed Yousef Boshnak
7. Mr. Ahmed Abdulrahman Al Mohsen

Second: Approval on amending the corporate governance regulation.

Third: Approval on company’s board of directors’ work regulation

Fourth: Approval on amending the company’s audit committee regulations

Fifth: Approval on amending the company’s nominations and rewards committee regulations

Sixth: Approval on amending the company’s Risk Management and Cybersecurity Committee regulation

Seventh: Approval on amending the company’s investment committee regulation.