Jarir Marketing Co. Announces the Results of the Ordinary General Assembly Meeting, ( First Meeting )
06-Apr-2022
| ELEMENT LIST | EXPLANATION |
| Introduction | Jarir Marketing Company Announces the Results of the Ordinary General Assembly Meeting (First Meeting) |
| City and Location of the General Assembly's Meeting | Through means of modern technology |
| Date of the General Assembly's Meeting | 2022-03-01 Corresponding to 1443-07-28 |
| Time of the General Assembly's Meeting | 18:30 |
| Percentage of Attending Shareholders | 58.65% |
| Names of the Board of Directors' Members Present at the General Assembly's Meeting and Names of the Absentees | The meeting was attended by the following board members: 1) Mr. Abdul Karim bin Abdurrahman Al -Agil (Vice Chairman of the Board of Directors). 2) Mr. Nasser bin Abdurrahman Al -Agil. 3) Mr. Nasser bin Abdul-Aziz Al -Ageel. 4) Mr. Fahd bin Abdullah Al -Kassim. 5) Mr. Badr bin Hamid Al-Aujan. 6) Mr. Basil bin Mohammed bin Jabr. Absent from attendance was: 1) Mr. Mohammed bin Abdulrahman Al-Agil (Chairman of the Board of Directors). 2) Mr. Abdullah bin Abdul Rahman Al-Agil. |
| Names of the Chairmen of the Committees Present at the General Assembly's Meeting or Members of such Committees Attending on Their Behalf | Mr. Fahd bin Abdullah Al kassim (Chairman of the Governance Committee, and Chairman of the Remuneration and Nominations Committee, and on behalf of Mr. Abdulsalam bin Abdul Rahman Al-Aqeel (Chairman of the Audit Committee). |
| Voting Results on the Items of the General Assembly's Meeting Agenda's | 1. Approval of the selection of the following candidates from among the candidates to manage the company for the next term, commencing from 09/03/2022 G, for a term of three years, ending on 08/03/2025 G: 1) Mr. Muhammad bin Abdul Rahman Al-Agil. 2) Mr. Abdullah bin Abdul Rahman Al-Agil. 3) Mr. / Abdul Karim bin Abdul Rahman Al-Agil. 4) Mr. Nasser bin Abdul-Aziz Al-Ageel. 5) Mr. Fahd bin Abdullah Al-Kasim. 6) Mr. Abdul Rahman bin Ismail Trabzoni. 7) Mr. Muhammad Dahesh Othman Al-Dahesh. 8) Mr. Asmaa bint Talal Hamdan. 2. Approval of the formation of the Audit Committee, and the definition of its duties, work regulations and remuneration of its members for the new term, starting from the date of the assembly on 09/08/2022 G. until the end of the term on 08/03/2025 G. The following are the names of the candidates: - Mr. Abdulsalam bin Abdulrahman Al-Agil (Non-Executive Member - from outside the Board). - Mr. Muhammad Dahash Othman Al Dahash (Independent member - from within the Board). - Mr. Medhat Farid Abbas Tawfiq (Independent member - from outside the Board). 3. Approval to stop the (10%) net profit to form a regular reserve for the company, in order to reach the regular reserve as on 30/09/2021G. (30.6423%) of the capital, Starting from the financial results ending in 31/12/2021 G. 4. Approval of the appointment of Price water house Coopers (PWC) as the company's auditor from among the candidates based on the recommendation of the Audit Committee of the 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, and fourth quarter and annual financial statements, of the fiscal year 2022 G., and the first quarter of the fiscal year 2023 G., and the determination of the auditor's remuneration. |
| Additional Information | The company's management also confirms that any of the shareholders can view the minutes of the assembly on the website and at the company's headquarters after its completion. |