Sumou to discuss authorizing BOD to distribute interim profits for the year 2023

The Board of Directors invited the company shareholders to attend the ordinary general assembly meeting (First Meeting 2023) that will be conducted by means of modern technology using tadawulaty services on Tuesday, 2-5-2023 at 6:30 PM.

General Assembly Meeting Agenda:

Voting to authorize the Board of Directors to distribute interim profits on a quarterly or semi-annual basis for the fiscal year 2023.

According to Article (34) of the company’s Articles of Association, an ordinary general assembly meeting is valid if attended by shareholders who represent at least half of the capital. In the event that the quorum is not completed in the first meeting, the second meeting will be held one hour after the time of the first meeting, and the second meeting will be valid whatever be the number of the stocks represented therein.

Attendance Eligibility for the 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

Registered shareholders in Tadawulaty services can vote remotely on the general Assembly’s meeting agenda starting from 01:00 am, Friday 28/04/2023, until the end of the Assembly meeting, the service is provided by Edaa Center free of charge for all shareholders.