Extra GA discusses authorizing BOD to distribute interim profits for the year 2023

The Board of Directors of United Electronics Company (eXtra), a Listed Joint Stock Company (Company), invited the shareholders to Attend & vote the Ordinary General Assembly Meeting – First meeting, scheduled to be held on Monday 01 May 2023 that will be conducted by means of modern technology at 7:00 PM.

General Assembly Meeting Agenda

Vote to authorize the Board of Directors to distribute interim dividends to shareholders in the form of a quarterly or semi-annual for the year 2023.

According to Article 29 of the company bylaw, a meeting of the Ordinary General Assembly shall be valid only if attended by Shareholders representing at least 25% of the company capital. and if the quorum is not complete, second meeting will be held an 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 therein

Each shareholder who is registered in the Company’s shareholders book with Edaa at the end of the trading session prior to the Assembly meeting shall be entitled to attend the Assembly and vote at the Assembly meeting according to the rules and regulations.

Shareholders registered in Tadawulaty system will be able to vote remotely via Tadawulaty Platform, which will start on Thursday, 27 April 2023, 01:00 am. Until the end of the time of the Ordinary General Assembly.