SearchSaudi Basic Industries Corporation (SABIC) invites its shareholders to attend the Ordinary General Meeting (First Meeting) via modern technology
20/03/2022
| Item | Details |
|---|---|
| Type of meeting of the General Assembly | Ordinary |
| Number of Invitation to the General Assembly | First Meeting |
| Announcement Title | Saudi Basic Industries Corporation (SABIC) invites its shareholders to attend the Ordinary General Meeting (First Meeting) via modern technology |
| Introduction | The Board of Directors of Saudi Basic Industries Corporation (SABIC) is pleased to invite the Company’s shareholders to attend the Ordinary General Meeting (First Meeting) via modern technology provided by Tadawulaty, means that enables shareholders to participate in its deliberations and voting on its decisions, to ensure the safety of shareholders to support the preventive and precautionary efforts and measures by the health authorities to address the emerging Corona Virus (COVID-19), and as an extension of the continuous efforts made by all government agencies in The Kingdom of Saudi Arabia to take the necessary preventive measures to prevent its spread. |
| Place and city of the General Assembly | SABIC HQ, Riyadh - via modern technology |
| Hyperlink of the meeting location | Link to attendance the meeting (via modern technology):https://www.tadawulaty.com.sa/ |
| Date of the General Assembly | Sunday Evening, 09/09/1443 H (According to the Umm al-Qura calendar) Corresponding to 10/04/2022 G |
| Time of the General Assembly | 9:30 PM |
| Attendance Eligibility | The eligibility to attend the Meeting, will be 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 Quorum required for the Assembly | The Ordinary General Meeting shall be valid only if attended by shareholders representing at least half of the Share Capital. In case of non-completion of the quorum at this meeting, a second meeting will be held within one hour of the scheduled time for the first meeting. The second meeting shall be valid regardless of the number of shares represented. |
| Agenda of the Assembly | Attached |
| Power of attorney form | Attached |
| Electronic voting | The shareholders may remotely vote on the General Assembly Meeting’s agenda via (E-voting service) through Tadawulaty website www.tadawulaty.com.sa. The remote voting will start on Wednesday 05/09/1443 H Corresponding to 06/04/2022 G at (10:00) AM, and the voting will end once the Ordinary General Meeting ended. Please note that registration in Tadawulaty service and voting is provided free of charge. |
| Eligibility for Attendance Registration and Voting | The right to attend the Meeting ends before the beginning of the meeting, and the right to vote ends once the voting sorts has concluded. |
| Method of Communication | For inquiries related to agenda of the General Meeting or for general inquiries, please contact Investor Relations Department at:
|
| Additional Information |
Shareholders questions and inquiries will be received during the meeting of the General Assembly through the following e-mail address: IR@sabic.com
|