Wafrah for Industry and Development Company Invites its Shareholders to Attend the Ordinary General Assembly Meeting using modern technology (First Meeting)

Introduction The Board of Directors of Wafrah for Industry and Development Company is pleased to invite the Company’s shareholders to participate and vote in the 37th Ordinary General Assembly Meeting (First Meeting) to be held at 18:30 p.m. on Thursday 18-03-2021 corresponding to 05-08-1442H at company’s Head Office in the Third Industrial City via modern technology means using Tadawulaty link, in compliance with the the preventive and precautionary efforts and measures exerted by the relevant health authorities to address the Coronavirus (COVID-19) pandemic, and as an extension of the continuous efforts made by all government entities in the Kingdom of Saudi Arabia to take the necessary preventive measures to combat its spread. Tadawulaty link is the following:www.tadawulaty.com.sa
City and Location of the General Assembly’s Meeting COMPANY HEAD OFFICE THIRD INDUSTRIAL CITY- RIYADH
URL for the Meeting Location www.tadawulaty.com.sa
Date of the General Assembly’s Meeting 2021-03-18 Corresponding to 1442-08-05
Time of the General Assembly’s Meeting 18:30
Attendance Eligibility Shareholders Registered in the Issuer’s Shareholders Registry in the Depository Centre At the End of the Trading Session Preceding the General Assembly’s Meeting as per Laws and Regulations
Quorum for Convening the General Assembly’s Meeting The Ordinary General Assembly Meeting requires the attendance of shareholders representing at least 25% of the Company’s capital. If the quorum is not attained, the second Meeting will be held after 1 hour, and it will be quorum no matter how many shares are represented in the meeting.
General Assembly Meeting Agenda To vote for the formation of the Audit Committee and to approve the committee’s job description, job regulations and remunerations of its members for the term starting on the date of General Assembly Meeting, till the end of the board of Directors term on 13-01-2024.The nominees, who’s CVs are attached, are the following:

Mr. Faisal Abdallah Mohammed Al-Qahtani,(independent Board Member)

Mr. Hani Abdullah Siraj Abulnaja,(not a Board Member)

Mr. Abdulrahman Abdulmohsen Sulaiman Balghunaim,(not a Board Member)

Proxy Form
E-Vote Electronic voting will start at 10:00 a.m. on Sunday 01-08-1442, corresponding to 14-03-2021 and will continue until the end of the General Assembly Meeting. Registration and voting at Tadawulaty site is available free of charge using the following link:www.tadawulaty.com.sa
Eligibility for Attendance Registration and Voting 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 For inquiries regarding the General Assembly agenda, please contact the shareholders affairs dept. at 011-4023456 ext.28, or via smahgoub@wafrah.com.
Attached Documents