TAWUNIYA General Assembly to discuss election of members of the BOD

Board of Directors of The Company for Cooperative Insurance (TAWUNIYA) invited on Monday its shareholders to attend the Ordinary General Meeting (First Meeting), on Monday 10 April 2023, at 10:30 p.m. to discuss the attached agenda, via modern technology means (Online)

To vote on the election of the members of the Board of Directors from among the shareholders for the next session, which starts from the date of the Ordinary General Assembly meeting on 10-04-2023 and its duration is three years, ending on 09-04-2026.

According to Article 32 of the Company’s bylaw, the Ordinary General Assembly meeting is valid if it is attended by shareholders representing at least a quarter of the capital, and if the mandatory quorum is not available to hold this meeting, the second meeting will be held an hour after the end of the period specified for the first meeting, and the second meeting is valid whatever the number of shares represented in it.

Shareholders 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, Shareholders are entitled to discuss matters listed in the agenda of the General Assembly and raise their inquiries.

All shareholders registered in Tadawulaty will be able to remotely vote on the items of OGM starting at 01:00 AM on Thursday, 06 April 2023, and until starting of the General assembly meeting on Monday 10 April 2023.