Saudi Advanced Industries Co. (SAIC) Board invites its shareholders to attend the Ordinary General Assembly Meeting the (First Meeting)
- 10:44:47
- 1446/11/20
- 18/05/2025
| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of Saudi Advanced Industries Company (SAIC) is pleased to invite the esteemed shareholders to attend and vote in the Ordinary General Assembly Meeting (first meeting, and the second one an hour later if the quorum is not met). The meeting will be held, at 8:30 PM on Wednesday, 29 Dhul-Hijjah 1446, corresponding to June 25, 2025, via modern technology means |
| City and Location of the General Assembly’s Meeting | Through modern technology from the company’s headquarters in Riyadh |
| Hyperlink of the Meeting Location | Click Here |
| Date of the General Assembly’s Meeting | 2025-06-25 Corresponding to 1446-12-29 |
| Time of the General Assembly’s Meeting | 20:30 |
| 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 | According to Article (30) of the Articles of Association of Saudi Advanced Industries Company (SAIC), the Ordinary General Assembly meeting shall not be valid unless attended by shareholders representing at least one quarter of the company’s shares with voting rights. If the necessary quorum for the meeting is not met, a second meeting shall be held one hour after the scheduled time of the first meeting. In all cases, the second meeting shall be valid regardless of the number of shares represented therein |
| General Assembly Meeting Agenda | Attached |
| 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 items listed on the agenda of the General Assembly and to raise questions.
Registered shareholders in the Tadawulaty services can also vote remotely on the Assembly’s agenda items through the Tadawulaty website: www.tadawulaty.com.sa |
| Details of the electronic voting on the Assembly’s agenda | Registered shareholders in the Tadawulaty services may vote electronically and remotely on the items of the Ordinary General Assembly meeting (for both the first and second meetings, the second being one hour after the first), starting from 1:00 a.m. on Sunday, 26-12-1446 corresponding to 22-06-2025, until the end of the Assembly meeting.
Please note that registration and voting through Tadawulaty services are available free of charge to all shareholders via the following link: www.tadawulaty.com.sa |
| Method of Communication in Case of Any Enquiries | We are pleased to receive your inquiries or comments through the Investor Relations Department via the following contact methods:
Phone: 0114789840 Email: saiccom@saic.com.sa |
| Attached Documents | |