| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of Walaa Cooperative Insurance Company is pleased to invite the Company’s shareholders to attend the Ordinary General Meeting (First Meeting) on Tuesday 7:30 p.m., in 25/06/2024 corresponding to 19/12/1445 H via modern technology means provided by Tadawulaty platform. |
| City and Location of the General Assembly's Meeting | At Company’s Headquarter in Khobar, 14th floor of Adel Kashoggji Building, Custodian of the Two Holy Mosques Road, Al Khubar Al Janubiyah through Modern Technology. |
| Hyperlink of the Meeting Location | Click Here |
| Date of the General Assembly's Meeting | 2024-06-25 Corresponding to 1445-12-19 |
| Time of the General Assembly’s Meeting | 19:30 |
| Methodology of Convening the General Assembly’s Meeting | Via modern technology means |
| Attendance Eligibility, Registration Eligibility, and Voting End | Any shareholder registered in the Company’s share registry at the Depository Center as of the end of trading on the General Assembly’s Meeting day, has the right to attend the General Assembly meeting as per the rules and regulations. As the shareholder has the right to delegate whomever other than the board of directors. |
| Quorum for Convening the General Assembly's Meeting | The Ordinary General Assembly meeting (the first meeting) is valid if attended by shareholders representing at least a quarter of the capital. If the quorum required for holding this meeting is not available, the second meeting will be held one hour after the end of the period specified for the first meeting, and the second meeting will be valid regardless of the number of shares represented in it. |
| General Assembly Meeting Agenda | Attached |
| Proxy Form |  |
| The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right | The shareholder has the right to delegate whomever other than the board of directors, the shareholders who are registered in Tadawulaty can remotely vote on the General Assembly Meeting’s agenda items through the following link: (www.tadawulaty.com.sa).
The shareholders who are registered in Tadawulaty can remotely vote on the General Assembly Meeting’s agenda items through the following link: (www.tadawulaty.com.sa).
Voting on the items of the General Assembly agenda online will be start from 1:00 am, Friday 21/6/2024 corresponding to 15/12/1445, until the end of the Ordinary General Assembly. |
| 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 | Any questions or quires should be communicated to Walaa’s Investor Relations Unit - Compliance Department by calling at 0138299405 or by Email to: investors@walaa.com |
| Additional Information | The Company would like to assure its shareholders to register and vote on General Assembly items on Tadawulaty website, through Online voting which will be available for shareholders whom are registered in Tadawulaty. Company, therefore, hope that all our shareholder register on Tadawulaty to vote through the following link: www.tadawulaty.com.sa
Please note that the registration is free on any charge. Also, to participate and comment to any of General Assembly items, please contact us on: Phone number: 013 8299405 Fax: 013 8652255 Email: investors@walaa.com |
| Attached Documents | |
