The Board of Directors is pleased to invite the Bank’s shareholders to attend the extraordinary general assembly meeting (First Meeting) that will be conducted by means of modern technology, in order to ensure the safety of the bank's shareholders and to support the efforts and preventive measures and measures by the competent and relevant health authorities to address the new coronavirus(COVID-19),and as an extension of the continuous efforts made by all government agencies in the Kingdom of Saudi Arabia to take preventive measures to prevent its spread.
Headquarters of the Bank, King Saud Road, Riyadh (by means of modern technology) |
21-04-2021 Corresponding to 1442-09-09 |
23:00 |
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 |
According to Article 32 of the Bank’s bylaws, a meeting of the Extraordinary General Assembly shall be valid only if attended by Shareholders representing at least fifty percent (50%) of the Bank’s capital. If such quorum cannot be attained at the first meeting, a second meeting shall be called for to be convened. Such call shall be published in the same manner as that for the call for the first meeting. The second meeting may be called for to be convened one hour following the time set forth the first meeting, provided that the call for the first meeting shall include an announcement of the possibility of holding such a meeting. The second meeting shall be valid only if attended by a number of Shareholders representing at least one-quarter (1/4) of the Bank’s capital. |
1. Voting on the Board of Directors' report for the fiscal year ending on 31 December 2020. |
Shareholders registered in Tadawulaty system will be able to vote remotely via the website http://www.tadawulaty.com.sa |
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 |
For any inquiries, please contact the Shareholders Affairs Department Tel 0118743000 during official hours, and you can address any inquiries to the Investors Relations Department on the email: shareholders@saib.com.sa |
Shareholders questions and inquiries will be received during the meeting of the General Assembly through the following e-mail address: |
The Capital Market Authority and the Saudi Stock Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.