| Introduction | The Board of Directors Saudi Printing and Packaging Company is pleased to invite the shareholders to attend the extraordinary general assembly (first meeting) It is scheduled at 06:30 PM on Thursday 1445-10-23 AH corresponding to 02-05-2024, which will be held on-line via modern technology. |
| City and Location of the General Assembly’s Meeting | Company Head Office at Riyadh, via modern technology. |
| Hyperlink of the Meeting Location | Click Here |
| Date of the General Assembly’s Meeting | 2024-05-02 Corresponding to 1445-10-23 |
| Time of the General Assembly’s Meeting | 18:30 |
| Methodology of Convening the General Assembly’s Meeting | Via modern technology means |
| Attendance Eligibility, Registration Eligibility, and Voting End | Shareholders who are registered in the issuers shareholders record at the Depositary Center by the end of the trade session prior to the general assembly meeting and in accordance with the laws and regulations. The shareholder has the right to delegate whomever other than the board of directors. The right to register a name to attend the general assembly meeting ends at the time of convening the general assembly meeting. The attendees right to vote on the items of the assembly’s agenda ends upon the end of screening the votes by the Screening Committee. |
| Quorum for Convening the General Assembly’s Meeting | Extraordinary General Meeting will be Quorum by the attendance of at least 50% of the company shares that have voting rights, if Quorum of the first meeting failed, the second meeting will be held one hour after the specified time of the first meeting, Second Meeting will be quorum by the attendance of at least 25% of company shares that have voting rights. |
| General Assembly Meeting Agenda | 1- To review and discuss the Financial Statements for the fiscal year ending on 31/12/2023.2- To review and discuss the Board of Directors Report for the fiscal year ending on 31/12/2023.3- Voting on External Auditor Report for the fiscal year ending on 31/12/2023 after discussing it.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, and the annual of the fiscal year 2024. In addition to the first quarter of the fiscal year 2025.5- Voting on the discharge of the Board of Directors members for the fiscal year ending 31/12/2023.6- Voting on the transactions and contracts that will be concluded between the company and The Saudi Research and Media 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 2023 SR (1,009,604) without preferential terms(attached).7- 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 Media 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 2023 SR (45,571,679.57) without preferential terms(attached).8- 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 Media 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 2023 SR (1,775,240) without preferential terms(attached).9- Voting on amending the company’s Articles of Association to align with the new corporate law, and rearranging and renumbering the articles to correspond with the proposed amendments. (Attached)10- Voting on the amendment of Article 3 of the company’s bylaws, pertaining to the company’s purposes (attached).11- Voting on amending the working regulations of the Audit Committee. (Attached)12- Voting on amending the policy of remuneration and compensation for members of the Board of Directors, its committees, and the executive management. (Attached)13- Voting on amending the policy of criteria and procedures for board membership. (Attached)14- Voting on the election of members of the Board of Directors from among the candidates for the upcoming term, starting from May 07, 2024, and ending on May 06, 2027, with a duration of three years. (Attached are the resumes of the candidates.) |
| Proxy Form | |
| The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right | Shareholders have the right to discuss the topics on the agenda of the Assembly and ask questions, and registered shareholders in tadawulati services will be able to vote remotely on the items on the agenda of the Assembly starting from one o’clock (01:00) AM on Sunday morning on 19-10-1445 AH corresponding to 28-04-2024 AD until the end of the time of the Assembly, registration and voting in tadawulati services will be available and free of charge to all shareholders using the following link: www.tadawulaty.com.sa |
| Details of the electronic voting on the Assembly’s agenda | 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 in Case of Any Enquiries | For inquiries or questions regarding the meeting agenda, please contact the Investor Relations Department:Phone No 0112032022 ext. 138Email: mohammed.alanazi@sppc.com.sa |
| Additional Information | We would like to inform all shareholders that there will be a live audio broadcast of the meeting via the link available in Tadawulaty system. |
| Attached Documents | |
