| ELEMENT LIST | EXPLANATION |
|---|---|
| Introduction | The Board of Directors Saudi Printing and Packaging Company is pleased to invite the shareholders to attend the ordinary general assembly (first meeting) It is scheduled at 11:00 PM on Wednesday 16-09-1442 AH corresponding to 28-04-2021, which will be held on-line via modern technology using Tadawolaty system.This is in the interest of the safety of the shareholders and within the support of preventive and precautionary efforts and measures by the competent and relevant health authorities to address the emerging corona virus (COVID-19), and an extension of the continuous efforts made by all government agencies in the Kingdom of Saudi Arabia to take the necessary preventive measures to prevent its spread. |
| City and Location of the General Assembly’s Meeting | Company Head Office at Riyadh, via modern technology. |
| URL for the Meeting Location | 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 | 23:00 |
| 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 | According to Article (32) of the company’s articles of association, the ordinary general assembly meeting shall be valid if attended by shareholders representing at least one quarter of the Company’s capital. In case of non-completion of the quorum a second meeting shall be held one hour after the end of the period specified for the first meeting, and the second meeting shall be valid regardless of the number of shares represented at it. |
| General Assembly Meeting Agenda | 1-Voting on External Auditor Report for the fiscal year ending on 31/12/2020.2-Voting on the Financial Statements for the fiscal year ending on 31/12/2020.
3-Voting on the Board of Directors Report for the fiscal year ending on 31/12/2020. 4-Voting on the appointment and determining the fees of an External 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, fourth quarter and the annual of the fiscal year 2021. In addition to the first quarter of the fiscal year 2022. 5-Voting on the discharge of the Board of Directors members for the fiscal year ending 31/12/2020. 6-Voting to amend charter of Audit Committee. (Attached) 7-Voting on the transactions and contracts that will be concluded between the company and The Saudi Research and Marketing Group, where Mr. Adel bin Marzouq Al-Nasser (Chairman) and Dr. Turki bin Omar Saleh Bugshan (Board of Directors member) has indirect interest. there was a printing contract, the value of these transactions reached in 2020 SR (37,000) without preferential terms(attached). 8-Voting on the transactions and contracts that will be concluded between the company and The Saudi Research and Publishing Company (owned by the Saudi Research and Marketing Group), where Mr. Adel bin Marzouq Al-Nasser (Chairman) and Dr. Turki bin Omar Saleh Bugshan (Board of Directors member) has indirect interest. there was a printing contract, the value of these transactions reached in 2020 SR (16,992,298) without preferential terms(attached). 9-Voting on the transactions and contracts that will be concluded between the company and The Saudi Specialized Publishing Company (owned by the Saudi Research and Marketing Group), where Mr. Adel bin Marzouq Al-Nasser (Chairman) and Dr. Turki bin Omar Saleh Bugshan (Board of Directors member) has indirect interest. there was a printing contract, the value of these transactions reached in 2020 SR (710,185) without preferential terms(attached). 10-Voting on the transactions and contracts that will be concluded between the company and The Gulf Advertising and Public Relations Company (owned by the Saudi Research and Marketing Group), where Mr. Adel bin Marzouq Al-Nasser (Chairman) and Dr. Turki bin Omar Saleh Bugshan (Board of Directors member) has indirect interest. there was a printing contract, the value of these transactions reached in 2020 SR (86,285) without preferential terms(attached). 11-Voting on the transactions and contracts that will be concluded between the company and Taoq Research and Public Relations Company (owned by the Saudi Research and Marketing Group), where Mr. Adel bin Marzouq Al-Nasser (Chairman) and Dr. Turki bin Omar Saleh Bugshan (Board of Directors member) has indirect interest. there was a printing contract, the value of these transactions reached in 2020 SR (728,160) without preferential terms(attached). 12-Voting for election of the Board of Directors members from among the candidates for the term, commencing from 07-05-2021 to 06-05-2024. for a term of three years, ending, (Candidates’ CVs attached). 13-Voting on forming the Audit committee for the next session, determining its tasks, work procedures, remuneration for its members, and their membership period, which starts 07-05-2021 to 06-05-2024. and its duration is three years, noting that the candidates (whose CVs are attached) are: 1- Dr. Turki Omar Bugshan (Independent Member of BoD) 2-Dr. Khalid bin Abdulaziz Al-Arfaj (Member from out of BoD) 3-Mr. Waheed Mohamed Nababteh (Member from out of BoD) 4-Mr. Bashar Ali Abdulhadi Abdulrahman (Member from out of BoD) |
| Proxy Form |  |
| E-Vote | shareholders registered in Tadawulaty service website will be able to vote remotely on the general Assembly’s meeting agenda through the (Electronic Voting) service starting from 10:00 am, Friday 11-09-1442 H Corresponding 23-04-2021 until the end of the Assembly Meeting. Registration in and voting through Tadawulaty services will be available free of charge to all shareholders 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 or questions regarding the meeting agenda, please contact the Investor Relations Department:Phone No 0112032022 ext. 138
Email: mohammed.alanazi@sppc.com.sa |
| Attached Documents | |