‎“ANB” GA approves electing of 10 BOD members ..approving ‎distribution of SR900 mln cash dividends for H2, 2022‎

The Board of Directors of Arab National Bank announced the results of the Ordinary General Assembly meeting (the first meeting), which was held yesterday through modern technology, with an attendance rate of 72.23%.

The following are the results of the General Assembly:

– Approval of the Board of Directors’ recommendation to distribute cash dividends for the second half of the fiscal year 2022 at 0.06 halala per share after deducting zakat, with a total amount of 900 million riyals, or 6% of the nominal share value, noting that the eligibility for the profits of the second half Shareholders who own shares at the end of trading on the day of the assembly and are registered in the bank’s shareholder register with the Depository Center Company will have the right at the end of the second trading day following the due date, provided that the distribution of profits begins as of 04/11/2023 AD.

– Approval of electing the members of the Board of Directors from among the candidates for the next session, which starts as of 01/04/2023 AD, for a period of 3 years ending on 03/31/2026 AD.

They are all of:

1 – Saleh Rashid Al-Rashed

2- Abdul Mohsen Ibrahim Al-Tawq

3- Obaid Abdullah Al-Rasheed

4- Hisham Abdul Latif Al-Jabr

5- Osama Khaled Al-Ateeqi

6- Muhammad Faraj Al-Kinani Al-Zahrani

7- Thamer Misfir Al-Wadaei

8 – Naeem Rasim Al-Husseini

9 – Randa Muhammad Al-Sadiq

10 – Muhammad Abdel-Fattah Al-Ghanma