Voting Results for 42
thOrdinary General Assembly Agenda Items
1. Viewing of the Board of Directors’ report for the fiscal year ending on 31/12/2022G. Item 2. Viewing of the financial statements for the fiscal year ending on 31/12/2022G.
3. Approval of the auditor report on the company’s accounts for the fiscal year ending on 31/12/2022G.
4. Approval for the discharge of the Board members with respect to their performance in 2022G.
5. Approval for the payment of an amount of SAR 2,651,000 as remuneration to the Board members for the fiscal year ending on 31/12/2022G.
6. Approval for the appointment of M/S Ernst & Young & Co. (Certified Public Accountants)as the auditor for the Company accounts from among the candidates based on the Audit Committee's recommendation. The appointed auditor shall examine, review, and audit the second and third quarter and annual financial statements, for the fiscal year 2023G, and the first quarter of the fiscal year 2024G.
7. Approval for delegating the Board of Directors to distribute interim dividends on a biannual or quarterly basis for the fiscal year of 2023G.
8. Approval of the Board’s decision to appoint Mr. Ibrahim bin Mohammad Al-Issa as an (Non-executive Director) to complete the Board term starting from the date of his appointment on 28-02-2023G till the end of the current Board term on 31-12-2023G. succeeding the former member Dr. Walid bin Mohammad Al-Issa (Non-Executive Director) 9. Approval of delegating to the Board of Directors the authorization powers of the General Assembly stipulated in paragraph (1) of Article 27 of the Companies Law, for a period of one year starting from the date of the approval by the General Assembly or until the end of the delegated Board of Directors’ term, whichever is earlier, in accordance with the conditions set forth in the Regulatory Rules and Procedures issued pursuant to the Companies Law relating to Listed Joint Stock Companies .
10. Approval of delegating to the Board of Directors the authorization powers of the General Assembly stipulated in paragraph (2) of Article 27 of the Companies Law, for a period of one year starting from the date of the approval by the General Assembly or until the end of the delegated Board of Directors’ term, whichever is earlier, This is for business and activities related to hotels and real estate .
11. Approval of the participation of the Chairman of the Board Mr. Ibrahim bin Mohammad Al-Issa in a business competing with the Company’s business.
12. Approval for the participation of the Deputy Chairman, Eng. Anas bin Mohammad Saleh Serafi, in a business competing with the Company’s business.
