The 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 Monday, 13 Muharram 1445AH corresponding to July 31, 2023, through Modern technology means Tadawulaty Services website after completing the legal quorum for the validity of the Ordinary General Assembly meeting (First Meeting)
City and Location of the General Assembly's Meeting
The Company headquarters in Riyadh - Conference District - King Fahd Street (by means of modern technology)
Date of the General Assembly's Meeting
13-01-1445, corresponding to 31-07-2023
Time of the General Assembly's Meeting
18:30
Percentage of Attending Shareholders
65.34 %
Names of the Board of Directors' Members Present at the General Assembly's Meeting and Names of the Absentees
The following Board Members attended the meeting:
1) Mr. Basel bin Saud bin Mohammed Al Arifi (Chairman - non-executive)
2) Mr. Bandar bin Saud bin Mohammed Al Arifi (Vice Chairman- non-executive)
3) Mr.Barakat bin Saud bin Mohammed Al Arifi (Managing Director (CEO) (executive)
4) Mr. Mohammed bin Ibrahim bin Abdul Mohsen Al-Huqayl. (Board of Member – Independent)
5) Mr. Hassan bin Ali bin Abdul Mohsen Al-Jishi. (Board of Member – Independent)
Names of the Chairmen of the Committees Present at the General Assembly's Meeting or Members of such Committees Attending on Their Behalf
The following Committees Chairmen attended the meeting:
1) Mr. Loay Ali Al-Saratawy (Audit Committee Chairman)
2) Mr. Mohammed bin Ibrahim bin Abdul Mohsen Al-Huqayl (Remuneration and Nominations Committee Chairman)
3) Mr. Bayan Khalil Soliman (Risk Committee Chairman)
Voting Results on the Items of the General Assembly's Meeting Agenda's
1- Approving on the election of the following members of the Board of Directors, whose names are among the candidates for the new term, which starts from the date of the Ordinary General Assembly meeting on 31-07-2023 AD, and its duration is three Gregorian years, ending on 30-07-2026 AD:
1. Mr. Basel bin Saud bin Muhammad Al-Arifi (Non-executive)
2. Mr. Bandar bin Saud bin Mohammed Al-Arifi (Non-executive)
3. Mr. Barakat bin Saud bin Mohammed Al-Arifi (Executive)
4. Mr. Muhammad bin Ibrahim bin Abdul Mohsen Al-Hugail (Independent)
5. Mr. Hassan bin Ali bin Abdul Mohsen Al-Jishi (Independent)
6. Mr. Munir bin Ahmed bin Mohammed Al-Sari (Independent)
2- Approving on delegating the Board of Directors for its session, which starts from the date of 31-07-2023 AD, with the authority of the General Assembly, with the authorization contained in Paragraph (1) of Article 27 of the Companies Law, for a period of one year from the date of approval of the General Assembly or until the end of the session of the delegated Board of Directors, whichever is better. Earlier, in accordance with the conditions stipulated in the executive regulations of the Companies Law for listed joint-stock companies.
