| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of Mohammed Hassan Al-Naqool Sons Company is pleased to invite shareholders to participate and vote in the company’s Ordinary General Assembly Meeting (First Meeting) scheduled to be held, God willing, at 8:00 PM on Tuesday, June 30, 2026, via modern technology using the Tadawulaty website (www.tadawulaty.com.sa). |
| City and Location of the General Assembly's Meeting | The company's main center is in Dammam - using modern technology |
| Hyperlink of the Meeting Location | Click Here |
| Date of the General Assembly's Meeting | 2026-06-30 Corresponding to 1448-01-15 |
| Time of the General Assembly’s Meeting | 20:00 |
| Methodology of Convening the General Assembly’s Meeting | Via modern technology means |
| Attendance Eligibility, Registration Eligibility, and Voting End | The right to attend is for shareholders registered in the issuer’s shareholder register at the Depository Center at the end of the trading session preceding the Ordinary General Assembly meeting, in accordance with the regulations and bylaws. The right to register attendance for the Assembly meeting ends at the time of the Assembly meeting, and the right to vote on the Assembly items for those present ends when the counting committee finishes counting the votes. |
| Quorum for Convening the General Assembly's Meeting | The ordinary general assembly meeting shall be valid if shareholders representing at least one-quarter of the capital are present. If the quorum required to hold this meeting is not met, the second meeting shall be held one hour after the end of the time specified for holding the first meeting, and the second meeting shall be valid regardless of the number of shares represented in it. |
| General Assembly Meeting Agenda | 1- Review and discuss the financial statements for the fiscal year ending December 31, 2025. 2- Vote on the company's auditor's report for the fiscal year ending December 31, 2025, after discussion. 3- Review and discuss the Board of Directors' report for the fiscal year ending December 31, 2025. 4- Vote on the disbursement of SAR 500,000 as remuneration for the Board members for the fiscal year ending December 31, 2025. 5- Vote on the Board of Directors' resolution to appoint Mr. Fayez Abdullah Ayesh Al-Zaidi as an independent member of the Board, effective from his appointment date of May 17, 2026, to complete the current term ending December 14, 2029, succeeding the former independent member, Mr. Nizar Saleh Suleiman Al-Sarraf (see attached CV). 6- Voting on the discharge of the Board of Directors from liability for the fiscal year ending 31/12/2025 |
| Proxy Form | Proxy Form |
| The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right | Shareholders have the right to discuss the topics on the General Assembly's agenda and direct related questions to the Board of Directors. Registration and voting through Tadawulaty services are available free of charge to all shareholders via the following link: https://www.tadawulaty.com.sa |
| Details of the electronic voting on the Assembly’s agenda | Shareholders registered with the Tadawulaty service can vote electronically and remotely on the General Assembly's agenda items starting at 1:00 AM on Friday, June 26, 2026, until the vote counting committee completes its work. Registration and voting through the Tadawulaty service will be available free of charge to all shareholders using the following link: (https://www.tadawulaty.com.sa) |
| Method of Communication in Case of Any Enquiries | If you have any questions, we hope to contact the Shareholder Relations Department Phone: 8001010990 Email: alnaqool@alnaqool.com God bless, |
| Attached Documents | Attached Documents Attached Documents Attached Documents Attached Documents |
Mohammed Hasan AlNaqool Sons Co. Board invites its shareholders to attend the Ordinary General Assembly Meeting the (First Meeting)
AI Summary
- Mohammed Hassan Al-Naqool Sons Company invited shareholders to its Ordinary General Assembly Meeting to be held virtually on June 30, 2026, at 8:00 PM.
- Key agenda items include reviewing and voting on the 2025 financial statements, the auditor's report, the Board of Directors' report, and the discharge of board liability for the 2025 fiscal year.
- Shareholders will vote on a proposed SAR 500,000 remuneration for board members and the appointment of Fayez Abdullah Ayesh Al-Zaidi as an independent board member to fill a vacancy.
- Electronic voting for registered shareholders begins on June 26, 2026, via the Tadawulaty platform.
