March 10: Enaya Assembly Votes to Amend Bylaws under New Companies Law

Saudi Enaya Cooperative Insurance Co. announced on Sunday that it invited shareholders to participate and vote in the Extraordinary General Assembly Meeting (Third Meeting) scheduled to be held on Monday, March 10, to vote on amending the Bylaws in accordance with the new Companies Law and to rearrange and number the Bylaws to be consistent with the proposed amendments.

The right to attend shall be for shareholders registered in the issuer’s shareholders’ register at the Depository Centre (Edaa) at the end of the trading session preceding the General Assembly Meeting and according to the rules and regulations, and the shareholder has the right to delegate whomever he chooses from among the members of the Company’s Board of Directors. The right to register attendance at the Assembly Meeting ends at the time of the Assembly Meeting, and the right to vote on the Assembly items for those present ends when the sorting committee finishes sorting the votes.

Quorum required for the Assembly to convene the Extraordinary General Assembly Meeting (Third Meeting) shall be valid regardless of the number of shares represented in it, based on the text of Article (33) of the Company’s Bylaws.

The shareholder has the right to discuss the topics included in the agenda of the assembly, ask questions, and exercise the right to vote. The shareholders present have the right to discuss the topics included in the agenda and ask questions. Shareholders registered in Tadawulaty services can vote electronically remotely on the items of the Assembly starting from (01:00) A.M. on Thursday March 06, 2025 until the end of the Assembly Meeting time. Registration and voting in Tadawulaty services will be available and free for all shareholders.