October 22: Fisheries GA to vote on BOD election

The Board of Directors of the Saudi Fisheries Company invited shareholders to participate and vote in the extraordinary general assembly meeting (first meeting), scheduled to be held on October 22, 2023.

The company explained in a statement on Tadawul that the assembly’s agenda is as follows:

1- Vote on amending the company’s bylaws in line with the new corporate system

2- Voting on amending Article (No. 3) of the company’s bylaws, related to (the company’s purposes).

3- Voting on amending Article (No. 15) of the company’s bylaws, related to (Board of Directors)

4- Voting on the election of members of the Board of Directors from among the candidates for the next session, which begins on September 25, 2023 and lasts for 3 years (CVs of the candidates are attached) according to the result of Item No. (3).

5- Vote on amending the work regulations of the Audit Committee

6- Vote on paying additional fees to the company’s auditor (Ibrahim Ahmed Al-Bassam & Partners Company) based on the recommendation of the Audit Committee; This includes reviewing and auditing the accounts for the second, third and annual quarters of the year 2022 AD and the first quarter of the year 2023 AD in the amount of (42,756) riyals.

The extraordinary general assembly meeting is valid if it is attended by shareholders representing half of the capital. If this quorum is not present at the first meeting, the second meeting is held one hour after the end of the period specified for holding the first meeting, and the second meeting is valid if attended. A number of shareholders representing at least a quarter of the capital

Shareholders registered in the register of shareholders of the issuer 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. The shareholder has the right to delegate whomever he chooses from other than members of the Board of Directors.