| Element List | Explanation |
| Introduction | The Board of Directors of Saudi Cement Company would like to invite its shareholders to attend the Extraordinary General Assembly meeting to participate and vote, which is scheduled to be held at 18:30 PM on Wednesday 08 / 05 / 1445 AH corresponding to 22/ 11 / 2023 G from the company’s headquarter in Dammam, Online via Tadawulaty Platform (http://tadawulaty.com.sa). |
| City and Location of the General Assembly’s Meeting | On-Line via Tadawulaty Platform. |
| URL for the Meeting Location | www.tadawulaty.com.sa |
| Date of the General Assembly’s Meeting | 2023-11-22 Corresponding to 1445-05-08 |
| Time of the General Assembly’s Meeting | 18:30 |
| 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. Shareholders have the right to inquire and discuss the subjects on the agenda of the General Assembly. |
| Quorum for Convening the General Assembly’s Meeting | The Extraordinary General Assembly meeting shall be valid if attended by shareholders representing at least half of the Company’s capital. In the absence of a quorum required for holding the meeting, a second meeting will be held one hour after the end of the period specified for the first meeting. The second meeting shall be valid if attended by shareholders representing at least one-fourth of the Company’s capital. |
| General Assembly Meeting Agenda | 1.Vote on the Board of Directors decision to appoint Mr. Abdulaziz Hatem Al Juffali as a member of the Board of Directors (independent member) starting from the date of his appointment on 18-11-1444 corresponding to 07-06-2023 to complete the Board session until the end of the current session on December 31, 2024, succeeding the resigned Board Member Ms. Halla Walid Al-Juffali (independent member). (CV attached)
2.Vote on the amendment of the Audit Committee’s Regulations. (attached) 3.Vote on the amendment of the Nomination and Remuneration Committee Regulations. (attached) 4.Vote on amendment of the Regulations on Board Membership Standards and Procedures. (attached) 5.Vote on the amendment of the Remuneration Regulations of the Members of the Board of Directors, Its Committees and the Executive Management. (attached) 6.Vote on amending Article (2) of the company’s bylaws related to the name of the company. (attached) 7.Vote on amending Article (3) of the company’s bylaws related to the objectives of the company. (attached) 8.Vote on amending Article (6) of the company’s bylaws related to the lifespan of the company. (attached) 9.Vote on amending Article (7) of the company’s bylaws related to the capital of the company. (attached) 10.Vote on adding an Article to the company’s bylaws related to the powers of the Managing Director or the Chief Executive Officer. (attached) 11.Vote on amending the company’s bylaws according to the new Companies’ Law. (attached) |
| Proxy Form | Click Here to Download |
| The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right. (Mentioning the E-Voting details, if any) | The company assures to all of its shareholders that registration and voting are limited to the assembly’s items through (electronic voting), which will be available to shareholders registered on the Tadawulaty Platform from 01:00 am in the morning on Saturday 04 Jumada Alawwal 1445 (November 18, 2023) until the end of convening time of the assembly, noting that registration and voting in Tadawulaty is available free of charge to all shareholders using the following link (http://tadawulaty.com.sa) |
| Eligibility for Attendance Registration and Voting | Eligibility for Registering the Attendance of the General Assembly’s Meeting ends upon the commencing of the General Assembly’s Meeting. Eligibility for Voting ends upon the Counting Committee Concludes Counting the Votes. |
| Method of Communication | For Any questions or quires kindly contact the Shareholder Relationships during business hours from 07:00 am to 03:00 pm at:
0138358033 or 0539168715 or saudicement@saudicement.com.sa |
| Attached Documents | Click Here to Download |