SearchSaudi Basic Industries Corporation (SABIC) Board invites its shareholders to attend the Ordinary General Assembly Meeting (First Meeting) via modern technology
07/04/2024
| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of Saudi Basic Industries Corporation (SABIC) is pleased to invite its shareholders to attend the Ordinary General Assembly Meeting (First Meeting) via modern technology provided by Tadawulaty. |
| City and Location of the General Assembly's Meeting | SABIC HQ, Riyadh (Using Tadawulaty system only). |
| Hyperlink of the Meeting Location | Click Here |
| Date of the General Assembly's Meeting | 2024-04-29 Corresponding to 1445-10-20 |
| 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 | The eligibility to attend the meeting is for shareholders registered in the Company share registry at the Depository Center as of the end of trading prior to the Meeting day, and as per the rules and regulations. The shareholders have the right to discuss matters listed in the agenda of the General Assembly and raise relevant questions. The eligibility for Registering the Attendance of the General Assembly’s Meeting Ends upon the conduction of the General Assembly’s Meeting. The eligibility for Voting on the Meeting Agenda Ends upon the concluding counting committee sorting the Votes. |
| Quorum for Convening the General Assembly's Meeting | The Ordinary General Assembly shall not be valid unless attended by shareholders representing at least fifty percent (50%) of the voting shares. If such quorum requirement is not met at the first meeting, a second meeting will be held after one hour of the scheduled time for the first meeting. The second meeting shall be valid regardless of the number of shares represented thereat. |
| General Assembly Meeting Agenda | Attached |
| Proxy Form | Click Here |
| The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right | Shareholders have the right to discuss matters listed in the agenda of the General Assembly and raise relevant questions. Shareholders can remotely vote on the General Assembly Meeting’s agenda via (E-voting service), through Tadawulaty www.tadawulaty.com.sa |
| Details of the electronic voting on the Assembly’s agenda | The shareholders may remotely vote on the General Assembly Meeting’s agenda via (E-voting service) through Tadawulaty website (www.tadawulaty.com.sa) that is provided free of charge. The electronic voting will start on Thursday 16/10/1445 H Corresponding to 25/04/2024 G at (01:00) AM, and the voting will end Ends upon the concluding counting committee sorting the Votes. |
| Method of Communication in Case of Any Enquiries | For inquiries related to agenda of the General Meeting or for general inquiries, please contact Investor Relations Department at:
1- Telephone No.: 011-2258000, Extension- 2- Mobile No.: +966530013051 3- Email: IR@sabic.com |
| Additional Information | Shareholders questions and inquiries can be received during the meeting of the General Assembly through the following e-mail address:
IR@sabic.com
We would like to inform all shareholders that there will be a live audio broadcast of the meeting via the link available in Tadawulaty system. In continuation to our efforts to safeguard the interests of our shareholders who did not receive dividends during previous periods, we request you to communicate with Investor Relations, through the method of communication shown above, for any enquiry about the mechanism for disbursing profits and transferring them to their accounts. |
| Attached Documents |