November 13.. “Burgerizzer” GA to discuss standards for BOD’s ‎competition ‎

The Board of Directors of Burgerizzer Fast Food Restaurants Company invited shareholders to participate and vote in the Ordinary General Assembly meeting (first meeting) scheduled to be held on Monday, November 13, where the items included voting on the standards and controls for a Board member’s competition for the company’s business or one of its branches of activities. ‎

The rest of the Assembly’s agenda items were as follows:

1- Vote on amending the work regulations of the Audit Committee.

2- Vote on amending the work regulations of the Remuneration and Nominations Committee

3- Vote on amending the remuneration policy for the Board of Directors, its committees, and the executive management.

4- Vote on amending the policy and criteria for membership of the Board of Directors

Shareholders registered in the company’s shareholder registry at the deposit center have the right to attend at the end of the trading session that precedes the general assembly meeting, in accordance with the rules and regulations, and the shareholder has the right to discuss the topics listed on the assembly’s agenda and ask questions.

The Ordinary General Assembly meeting will be valid if it is attended by shareholders representing at least 40% of the capital, and if the quorum necessary to hold the first meeting is not met, the second meeting will be held one hour after the end of the period specified for holding the first meeting, and the second meeting will be valid regardless of the number. The shares that have voting rights represented therein.