| ELEMENT LIST | EXPLANATION |
|---|---|
| Introduction | The Board of Directors of Wafrah for Industry and Development Company is pleased to invite the Company’s shareholders to participate and vote in the 38th Ordinary General Meeting (First Meeting) to be held at 19:30 p.m. on Tuesday 01-06-2021 corresponding to 20-10-1442H at company’s Head Office in the Third Industrial City via modern technology means using Tadawulaty link, in compliance with the preventive and precautionary efforts and measures exerted by the relevant health authorities to address the Coronavirus (COVID-19) pandemic, and as an extension of the continuous efforts made by all government entities in the Kingdom of Saudi Arabia to take the necessary preventive measures to combat its spread. Tadawulaty link is the following:www.tadawulaty.com.sa |
| City and Location of the General Assembly’s Meeting | By using modern technology means (Remotely) |
| URL for the Meeting Location | www.tadawulaty.com.sa |
| Date of the General Assembly’s Meeting | 2021-06-01 Corresponding to 1442-10-20 |
| Time of the General Assembly’s Meeting | 19:30 |
| Attendance Eligibility | Shareholders Registered in the Issuer’s Shareholders Registry in the Depository Centre At the End of the Trading Session Preceding the General Assembly’s Meeting as per Laws and Regulations |
| Quorum for Convening the General Assembly’s Meeting | The Ordinary General Assembly Meeting requires the attendance of shareholders representing at least 25% of the Company’s capital. If the quorum is not attained, the second Meeting will be held after 1 hour, and it will be quorum no matter how many shares are represented in the meeting. |
| General Assembly Meeting Agenda | 1- Voting on the Board of Directors’ report for the fiscal year ending on 31/12/20202- Voting on the auditor’s report on the Company’s accounts for the fiscal year ending on 31/12/2020.
3- Voting on the financial statements for the fiscal year ending on 31/12/2020. 4- Voting on appointing the External Auditor for the Company from among the candidates based on the Audit Committee’s recommendation. The appointed auditor shall examine, review and audit the second, third quarter and annual financial statements, of the fiscal year 2021, and the first quarter of the fiscal year 2022, and the determination of the auditor’s remuneration. 5- Voting on release the Board of Directors’ members from liability for the fiscal year ending on 31/12/2020. |
| Proxy Form |  |
| E-Vote | Electronic voting will start at 10:00 a.m. on Friday 16-10-1442, corresponding to 28-05-2021 and will continue until the end of the General Assembly Meeting. Registration and voting at Tadawulaty site is available free of charge using the following link:www.tadawulaty.com.sa |
| Eligibility for Attendance Registration and Voting | Eligibility for Registering the Attendance of the General Assembly’s Meeting Ends upon the Convenience of the General Assembly’s Meeting. Eligibility for Voting on the Business of the Meeting Agenda Ends upon the Counting Committee Concludes Counting the Votes |
| Method of Communication | For inquiries regarding the General Assembly agenda, please contact the shareholders affairs dept. at 011-4023456 ext.28, or via smahgoub@wafrah.com. |
| Attached Documents | |