Scientific and Medical Equipment House Co. Announces the Results of the Ordinary General Assembly Meeting, ( First Meeting )

ELEMENT LISTEXPLANATION
IntroductionThe Board of Directors of SCIENTIFIC & MEDICAL EQUIPMENT HOUSE CO. is pleased to announce to its valued shareholders the results of the Ordinary General Assembly meeting (the first meeting), which was held at (18:30) in the evening of Tuesday, 21 Rabi-Al-Thani 1444H corresponding to November 15, 2022, through Modern technology means after completing the legal quorum for the validity of the Ordinary General Assembly meeting.
City and Location of the General Assembly's MeetingThe Company headquarters in Riyadh - AL-Mutamarat District - King Fahd Street (through modern technology)
Date of the General Assembly's Meeting2022-11-15 Corresponding to 1444-04-21
Time of the General Assembly's Meeting18:30
Percentage of Attending Shareholders60.99%
Names of the Board of Directors' Members Present at the General Assembly's Meeting and Names of the AbsenteesThe following Board Members attended the meeting:

1) Mr. Basel bin Saud bin Mohammed Al Arifi (Chairman)

2) Mr. Bandar bin Saud bin Mohammed Al Arifi (Vice Chairman)

3) Mr. Barakat bin Saud bin Mohammed Al Arifi (Managing Director (CEO)

4) Mr. Bashir bin Saud bin Mohammed Al Arifi (Board Member)

5) Mr. Mohammed bin Ibrahim bin Abdul Mohsen Al-Hokail (Board Member – Independent)

6) Mr. Hassan bin Ali bin Abdul Mohsen Al-Jishi (Board Member – Independent)

Names of the Chairmen of the Committees Present at the General Assembly's Meeting or Members of such Committees Attending on Their BehalfThe following Committees Chairmen attended the meeting:

1) Mr. Loay Ali Al-Saratawy (Head of the Audit Committee)

2) Mr. Mohammed bin Ibrahim bin Abdul Mohsen Al-Hokail (Head of the Remuneration and Nominations Committee)

3) Mr. Bayan Khalil Soliman (Head of the Risk Committee)

Voting Results on the Items of the General Assembly's Meeting Agenda's1- Approval on Board of Directors’ decision to appoint Mr. Hassan bin Ali Al-Jishi (independent) member of the Board of Directors starting from the date of his appointment on 24-08-2022 to complete the Board’s session until the end of the current session on 25-07-2023, to succeed the resigned member, Mr. Bayan Khalil Suleiman (independent).

2- Approval on increasing the number of Audit Committee seats from (3) to (4) seats, whereby the number of Audit Committee members becomes (4) members, by appointing Mr. Muhammad bin Ibrahim bin Abdul Mohsen Al-Hokail a member of an independent board of directors - for the membership of Audit Committee starting from the date of the assembly's approval until the end of the current committee’s term of office on 13-10-2025.

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