| ELEMENT LIST | EXPLANATION |
|---|---|
| Introduction | Saudi Printing and Packaging Company announces the results of the Ordinary General Assembly Meeting (First Meeting) scheduled at 11:00 p.m. on Wednesday 28 April 2021 (16 Ramadan 1442H), via modern technology |
| City and Location of the General Assembly’s Meeting | Company Head Office at Riyadh, via modern technology. |
| Date of the General Assembly’s Meeting | 2021-04-28 Corresponding to 1442-09-16 |
| Time of the General Assembly’s Meeting | 23:00 |
| Percentage of Attending Shareholders | %71.2 |
| Names of the Board of Directors’ Members Present at the General Assembly’s Meeting and Names of the Absentees | The Following Board Members Attended the Meeting:1-Mr. Adel bin Marzouq Al Nasser (Chairman of the Board of Directors)
2-Dr. Mohammed Amin Dawood kashgari (Vice Chairman) 3-Mr. Fahd Ibrahim Al-Mufarrij (Managing Director) 4-Dr. Turki Omar Saleh Baqshan 5-Mr. Khalid Mohammed Al Hokail 6-Mr. Mohammed zamel Al-Laaboun 7-Mr. Saleh Hussain Al-Dowais |
| Names of the Chairmen of the Committees Present at the General Assembly’s Meeting or Members of such Committees Attending on Their Behalf | 1-Mr. Adel bin Marzouq Al Nasser- Executive Committee Chairman2-Dr. Mohammed Amin Dawood kashgari- Nomination and Remuneration committee Chairman
3- Dr. Turki Omar Saleh Baqshan- Audit Committee Chairman |
| Voting Results on the Items of the General Assembly’s Meeting Agenda’s | 1- Approve the External Auditor Report for the fiscal year ending on 31/12/2020.2-Approve the Financial Statements for the fiscal year ending on 31/12/2020.
3- Approve the Board of Directors Report for the fiscal year ending on 31/12/2020. 4- Approve the appointment and determining the fees of an External Auditor for the Company (KPMG ALFOZAN & PARTNERS) from 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- Approve the discharge of the Board of Directors members for the fiscal year ending 31/12/2020. 6- Approve to amend charter of Audit Committee. 7- Approve 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. 8- Approve 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. 9- Approve 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. 10- Approve 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. 11- Approve 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. 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, as following: 1-Mr. Adel bin Marzouq Al Nasser 2-Dr. Mohammed Amin Dawood kashgari 3-Mr. Fahd Ibrahim Al-Mufarrij 4-Dr. Turki Omar Saleh Baqshan 5-Mr. Khalid Mohammed Al Hokail 6-Mr. Mohammed zamel Al-Laaboun 7-Mr. Saleh Hussain Al-Dowais 8-Mr. Mohammed Abdulfatah Nazer 9-Mr. Mohammed bin Mutlaq bin Al-Amaj Al-Qahtani 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 of the following members: 1- Dr. Turki Omar Bugshan (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) |