|Introduction||Seera Holding Group Board of Directors are pleased to announce the results of the ordinary general assembly meeting (the Second meeting) which was held at 9:00 PM on Tuesday, 13 shawal 1442 AH corresponding to 25 May 2021 AD through modern technology tools, after one hour from the 1st meeting time due to non completion of the legal quorum for the assembly of the first meeting.|
|City and Location of the General Assembly’s Meeting||Riyadh- Head Office – Through the modern technology tools|
|Date of the General Assembly’s Meeting||2021-05-25 Corresponding to 1442-10-13|
|Time of the General Assembly’s Meeting||21:00|
|Percentage of Attending Shareholders||14.92%|
|Names of the Board of Directors’ Members Present at the General Assembly’s Meeting and Names of the Absentees||All the following board members have attended the meeting:
1- Engineer / Mohammed bin Saleh Al-Khalil (Chairman of the Board)
2- Mr. Ahmed bin Samer Al-Zaeem (Vice Chairman)
3-Mr.Majid bin Ayed Al-Nefaie
4-Mr. Mazen bin Ahmed Al-Jubeir
5- Mr. Ibrahim bin Abdulaziz Al-Rashed
6-Mr. Yazid Bin Khaled Al-Muhaizah
7-Mr Abdullah bin Nasser Al-Dawood.
|Names of the Chairmen of the Committees Present at the General Assembly’s Meeting or Members of such Committees Attending on Their Behalf||1- Engineer / Mohammed bin Saleh Al-Khalil – Chairman of the Executive Committee
2- Mr. Ibrahim bin abdulaziz alrashed- Chairman of the Nomination and Remuneration Committee
3- Mr. Abdullah bin Abdul Rahman Al-Ayadi – Chairman of the Audit Committee
|Voting Results on the Items of the General Assembly’s Meeting Agenda’s||First: Approve the report of the Board of Directors for the fiscal year ended 31/12/2020.
Second: Approve the external financial auditor report for the fiscal year ended 31/12/2020.
Third: Approve the financial statements for the fiscal year ended 31/12/2020.
Fourth: Approve the appointment of the company of Dr. Mohammed Alamri BDO as the auditor for the company from among the candidates nominated based on the recommendation of Audit Committee to review and audit financial statements of the second quarter, third quarter, and the annual of the fiscal year 2021. In addition to the first quarter of the fiscal year 2022, and determine its fees.
Fifth: Approve the discharge of the Board of Directors members for the fiscal year ended 31/12/2020.
Sixth: Approve the increasing of the Audit Committee members to four (4) instead of three (3) and appointing Mr. Yazeed Khalid Almuhaizaa (Independent Member) as a member of the Audit Committee starting from the General Assembly approval date, and up to the end of the current committee term (28/03/2024)
Seventh: Approve delegating 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 according to the Companies Law relating to Listed Joint Stock Companies