Extraordinary General Assembly Notice For Annasban Holding Company – Closed Joint Stock Company .

The Board of Directors of Al Nassban Holding Company (Closed Joint Stock Company) is pleased to invite the shareholders of the company to attend the extraordinary general assembly which will be held, God willing, at exactly one o’clock in the afternoon on Thursday 17th, 7,1441 AH corresponding to 12,3,2020 AD at Annasban Holding in Annamuthajia district in Riyadh, to consider the following agenda:-

• Voting on the report of the Board of Directors for the financial year ending on December 31, 2018.
• Voting on the financial statements for the financial year ending on December 31, 2018.
• Voting on the report of the Company’s auditor for the financial year ending on December 31, 2018.
• Voting to absolve members of the Board of Directors from the financial year ending on December, 31,2018.
• Voting on the selection of the company’s auditor for the financial year 2019 CE and determining his fees.
• Voting on the report of the audit committee for the financial year ending on December 31, 2018.
• Voting on the distribution of profits for the financial year ending on December 31, 2018.
• Voting to pay a bonus to the members of the Board of Directors for the financial year ending on December 31, 2018.
• Voting on transactions with related parties for the financial year ending on December 31, 2018.
• Voting to increase the company’s capital by transferring an amount from the shareholders financing account of 23 million riyals, for a total of 25 million riyals.
  Voting to amend an article of the Articles of Association No. 7 (Capital).
  Voting to amend an article of the Articles of association No. 8 (subscription to shares).

The Board of Directors calls upon the shareholders to attend in person to discuss the listed items or to delegate others to attend on their behalf, provided that the principal is a shareholder other than the members of the Board of Directors or the employees of the company or who are charged with permanently doing technical or administrative work for its account and provide the company with a power of attorney certified by the Chamber of Commerce or one of the banks Three days before the assembly is convened, taking into account the attendance one hour before the meeting to complete the registration procedures with the importance of bringing the ID card, bearing in mind that the quorum for the assembly to attend is the presence of at least 50% of the capital.

God bless,,,

Chef ob Board

Sheikh / Mohamed Bin Suliman Annasban