Al Yamamah Steel votes to authorize BOD to distribute interim profits of 2023

The Board of Directors of Al Yamamah Steel Industries Co invited the shareholders to participate and vote in the General Assembly Meeting (First Meeting) scheduled to be held on Sunday 19-02-2022 at 6:30 pm, which will be held remotely through modern technology.
The agenda includes:
Vote to authorize the Board of Directors to distribute interim profits semi-annually or quarterly for the fiscal year 2023.
The meeting of the Ordinary General Assembly shall be valid if attended by shareholders representing at least a quarter of the capital. If the necessary quorum for holding this meeting is unavailable, the second meeting will be held one hour after the end of the period specified for the first meeting. The second meeting shall be valid regardless of the number of shares represented in it.
Each shareholder registered in the Issuer’s Shareholders Registry in the Depository Centre At the End of the Trading Session Preceding the General Assembly’s Meeting as per Laws and Regulations, and eligibility for Voting on the Business of the Meeting Agenda Ends upon the Counting Committee Concludes Counting the Votes.
Shareholders registered in Tadawulaty services will be able to vote remotely on the assembly’s items, starting on Wednesday 15-02-2023 at (01:00) am until the end of the Ordinary General Assembly time.