Ma’aden votes on BOD members election on Sep. 25th

The Board of Directors of Saudi Arabian Mining Company (Ma’aden) invited the Company’s shareholders to attend the 15th Ordinary General Assembly Meeting (First Meeting) via modern technology means provided by Tadawulaty.

The company stated on Tadawul that the General Assembly Meeting Agenda is as follows:

1- Voting on the election of the Board of Directors from among the candidates for the next term, which begins on 25/10/2023 for a period of three years, ends on 24/10/2026 (CVs attached).

2- Voting on the formation of the audit committee for the new term starting from 25-10-2023 until the end of the term on the date of 24-10-2026, knowing that the candidates attached to their CV are:

1. H.E Eng. Khalid bin Saleh A-Mudaifer (Non-Executive)
2. Mr. Mike Cheng (Non-board director)
3. Dr. Manar Almoneef (Independent)

Electronic voting will start on Thursday 21/09/2023 at 01:00 AM and will continue until the end of the General Assembly Meeting.

Eligibility for attendance registration and voting ends upon the convening of the General Assembly Meeting. Eligibility for voting on the meeting agenda ends upon the Counting Committee concluding counting of the votes.

Each shareholder who is registered in the Company’s Shareholders Register at the Securities Depository Center at the end of the trading session preceding the General Assembly meeting has the right to register electronic attendance and vote using the Tadawulaty system at the Assembly meeting, according to the rules and regulations.

The Ordinary General Assembly Meeting shall be valid if attended by shareholders representing at least 50% of the Company’s capital.