| Introduction | The Board of Directors of Fitaihi Holding Group is pleased to invite its shareholders to attend the Ordinary General Assembly Meeting No. 22 (the first meeting), on Wednesday 28/04/2021 at 09:30 p.m., through means of modern technology, using Tadwulaty System. This is in order to ensure the safety of the shareholders in the Capital Market, in support of the preventive and precautionary efforts, applied by the relevant and competent Health Authorities, and as an extension of the continuous efforts of the Government Agencies in the Kingdom of Saudi Arabia in taking the necessary preventive measures to stop its spread. |
| City and Location of the General Assembly’s Meeting | Remotely through contemporary technology, using Tadawulaty system, from the meeting hall of Fitaihi Headquarters in Jeddah |
| URL for the Meeting Location | https://www.tadawulaty.com.sa |
| Date of the General Assembly’s Meeting | 2021-04-28 Corresponding to 1442-09-16 |
| Time of the General Assembly’s Meeting | 21:30 |
| Attendance Eligibility | The registered shareholders in the Company’s Shareholders’ Record at the Depository Center, at the end of the trading session that precedes the GA Meeting, and according to the rules and regulations. |
| Quorum for Convening the General Assembly’s Meeting | As per Article (30) of the Company’s Articles of Association, the quorum for holding the GA Meeting will be (25%) of the capital. In case of non-completion of the quorum at this meeting, a second meeting will be held within an hour of the scheduled time for the first meeting, and this meeting will be valid regardless of the number of the shares represented therein. |
| General Assembly Meeting Agenda | 1) – Voting on the Board of Directors’ Report for the fiscal year ending on 31/12/2020.
2) – Voting on the Auditor’s Report for the fiscal year ending on 31/12/2020.
3) – Voting on the Consolidated Financial Statements for the fiscal year ending on 31/12/2020.
4) – Voting on discharging the members of the Board of Directors from their liabilities pertaining to their management of the Company for the fiscal year ending on 31/12/2020.
5) – Voting on delegating the Board of Directors to distribute interim dividends on a biannual/quarterly basis for the fiscal year 2021.
6)- Voting on delegating to the Board of Directors the authorization powers of the General Assembly stipulated in paragraph (1) of Article 71 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.
7)- Voting on the resolution of the Board of Directors of Fitaihi Holding Group to appoint Mrs. Bayan Adel Mohammed Fakieh, as a (Non-Executive) member of the Board of Directors, starting from 25-10-2020, to complete the Board term until the end of the current tenure on 21-04-2022, succeeding the former (Executive) Board Member, Dr. Mohammed Ahmed Hassan Fitaihi. (CV attached) |
| Proxy Form | |
| E-Vote | The Company’s registered shareholders in Tadawulaty Services will be able to participate in the Electronic voting that will start at 10:00 a.m. on Sunday 25/04/2021 and will last until the end of the GA. Tadawulaty registration and voting on the General Assembly Meeting agenda items are free of charge for all the shareholders of the Company who can vote remotely via the website: www.tadawulaty.com.sa |
| Eligibility for Attendance Registration and Voting | The eligibility to register attendance at the Assembly Meeting ends at the time of the GA, and the right to vote on the items of the agenda for attendees ends when the Counting Committee finishes counting the votes. |
| Method of Communication | For further inquiries regarding any of the GA’s items, please contact the CG & Investor Relations Dept. through any of the following contact ways:
-E-mail: sh@fitaihi.com.sa
-Tel.: 012 – 2604200 |
