Al Munif Trading, Industry, Agriculture and Contracting Company invites its shareholders to attend the Ordinary General Assembly meeting (first meeting) through modern technological means.

Element List	Explanation
Introduction	The Board of Directors of Al Munif Company for Trade, Industry, Agriculture and Contracting is pleased to invite our honorable shareholders to participate and vote in the Ordinary General Assembly meeting (first meeting), which is scheduled to be held using modern means of purification, God Almighty willing, at exactly (20:00) on Thursday, 12/07/ 1445 AH corresponding to 06/13/2024 AD
City and Location of the General Assembly's Meeting	The company's main headquarters is located in Riyadh - Al-Manakh District, Building No. 5065, Unit No. 1, Zip Code 14314 Additional number 7357, through modern technological means
Hyperlink of the Meeting Location	Click Here
Date of the General Assembly's Meeting	2024-06-13 Corresponding to 1445-12-07
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 shall be for shareholders registered in the register of shareholders of the issuer at the Depository Center at the end of the trading session that precedes the General Assembly meeting and in accordance with the rules and regulations. 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 screening committee finishes categorizing voices.
Quorum for Convening the General Assembly's Meeting	According to Article (36) of the company’s bylaws, the ordinary general assembly meeting will not be valid unless it is attended by shareholders representing at least half of the company’s shares that have voting rights. If this quorum is not present at the first meeting, the second meeting will be held one hour after the end of the period specified for the meeting. The first and in all cases the second meeting is considered valid, regardless of the number of shares with voting rights represented in it
General Assembly Meeting Agenda	1. Vote on the company’s auditor’s report for the fiscal year ending on December 31, 2023, after discussing it. 2. Reviewing the Board of Directors’ report for the financial year ending on December 31, 2023 AD and discussing it. 3. Review and discuss the company’s financial statements for the fiscal year ending on December 31, 2023. 4. Vote on discharging the members of the Board of Directors from their liabilities for the fiscal year ending on December 31, 2023 AD. 5. Vote on appointing an auditor for the company from among the candidates based on the recommendation of the Audit Committee; This is to examine, review and audit the financial statements for the first half of the fiscal year 2024, the annual of the fiscal year 2024, and the first half of the fiscal year 2025, and determine his fees. 6. Vote on authorizing the Board of Directors to distribute interim dividends to shareholders on a semi- or quarterly basis for the fiscal year ending on 12-31-2024 AD. 7. Vote on the Board of Directors’ recommendation to distribute cash dividends in the amount of (7,600,000) seven million six hundred thousand riyals to shareholders for the financial year ending on (12/31/2023 AD) at the rate of (2) riyals for each share and at a rate of (20%) of the capital. Money, provided that the eligibility shall be for the shareholders who own the shares at the end of trading on the day of the General Assembly and who are registered in the company’s shareholder registry with the Securities Depository Center Company (Depository Center) at the end of the second trading day following the entitlement date. The date of dividend distribution will be announced later. 8. Voting on the business and contracts concluded between the company (and Najd Rocks Company for Marble, Stone and Natural Granite, International Vehicle Exhibition - in which both the Chairman of the Board of Directors (Hamad Murshid Nasser Al Munif Al Hajri) and the Vice Chairman of the Board of Directors, Mr. Nasser Murshid Nasser Al Munif Al Hajri) have an interest. Indirectly, because they have indirect ownership in Najd Rocks Company through their ownership in the companies that own Najd Rocks Company, which is (selling used cars), noting that the contract is for a year and the value of transactions during the year 2023 is an amount of (361,305) riyals (debit transactions). The final balance for the year 2023 is (361,305) riyals. These transactions are carried out in the normal course of business and in accordance with prevailing commercial conditions and without any preferential terms (attached). 9. Voting on the business and contracts concluded between the company (and Najd Rocks Company for Marble, Stone and Natural Granite - in which both the Chairman of the Board of Directors (Hamad Murshid Nasser Al Munif Al Hajri) and the Vice Chairman of the Board of Directors Mr. Nasser Murshid Nasser Al Munif Al Hajri) have an indirect interest. Because they have indirect ownership in Najd Rocks Company through their ownership in the companies that own Najd Rocks Company, which is (transportation and sale of oils services), noting that the contract is for a year and the value of transactions during the year 2023 is an amount of (4,656,150) riyals (debit transactions). The value of the amount paid during the year 2023 is (5,156,964) riyals (credit transactions), and the final balance for the year 2023 is (1,772,235) riyals. These transactions are carried out in the normal course of business and in accordance with the prevailing commercial conditions and without any preferential terms (attached). 10. Voting on the business and contracts concluded between the company (and Najd Rocks Company for Marble, Stone and Natural Granite - in which both the Chairman of the Board of Directors (Hamad Murshid Nasser Al Munif Al Hajri) and the Vice Chairman of the Board of Directors Mr. Nasser Murshid Nasser Al Munif Al Hajri) have an indirect interest. Because they have indirect ownership in Najd Rocks Company through their ownership in the companies that own Najd Rocks Company, which is (purchasing 20 heads of a trailer), noting that the contract is for a year and the value of transactions during the year 2023 is an amount of (3,500,000) riyals (debit transactions). The value of the amount paid during the year 2023 is (350,000) riyals (credit transactions), and the final balance for the year 2023 is (3,150,000) riyals. These transactions are carried out in the normal course of business and in accordance with the prevailing commercial conditions and without any preferential terms (attached) 11. Voting on the business and contracts concluded between the company (and Al Munif Ehsan Trading Company - in which both the Chairman of the Board of Directors (Hamad Murshid Nasser Al Munif Al Hajri) and the Vice Chairman of the Board of Directors, Mr. Nasser Murshid Nasser Al Munif Al Hajri) have an indirect interest as they are owners. The company, which is (renting branches), bearing in mind that the contract is for a year and the value of the transactions during the year 2023 is an amount of (600,000) riyals (debit transactions), and the value of the amount paid during the year 2023 is an amount of (600,000) riyals (credit transactions), and the final balance for the year 2023 is ( Zero) riyals. These transactions are carried out in the normal course of business and in accordance with prevailing commercial conditions and without any preferential terms (attached). 12. Voting on the business and contracts concluded between the company and the Chairman of the Board of Directors (Hamad Murshid Nasser Al Munif Al Hajri) (International Vehicle Showroom), in which he has a direct interest, as he has indirect ownership in Najd Rocks Company, which is the owner of the Vehicle Showroom through its ownership. In the companies that own Najd Rocks Company, it is a (broker in the sale of used cars), noting that the contract is for a year and the value of transactions during the year 2023 is an amount of (135,000) riyals (debit transactions) and the value of the amount paid during the year 2023 is an amount of (135,000) riyals (transactions). (credit) and the final balance for the year 2023 is (zero) riyals. These transactions are carried out in the normal course of business and in accordance with prevailing commercial conditions and without any preferential terms (attached) 13. Voting on the business and contracts concluded between the company and the Vice Chairman of the Board of Directors (Nasser Murshed Nasser Al Munif Al Hajri), in which he has a direct interest, which is (renting branches), noting that the contract is for a year and the value of transactions during the year 2023 is an amount of (120,000). riyals (debit transactions) and the value of the amount paid during the year 2023 is (120,000) riyals (credit transactions) and the final balance for the year 2023 is (zero) riyals. These transactions are carried out in the normal course of business and in accordance with the prevailing commercial conditions and without any preferential terms (attached) 14. Voting on the Governance Regulations (attached) 15. Voting on the policy, standards and procedures for membership in the Board of Directors (attached) 16. Voting on the work regulations of the Board of Directors (attached) 17. Voting on the audit committee’s work regulations (attached) 18. Voting on the work regulations of the Nominations and Remuneration Committee (attached) 19. Voting on the work regulations of the Governance Committee (attached)
Proxy Form
The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right	Honorable shareholders have the right to discuss the topics included in the agenda of the Ordinary General Assembly and ask questions, noting that voting in Tadawulaty services is available free of charge to all shareholders using the following link: http://tadawulaty.com.sa
Details of the electronic voting on the Assembly’s agenda	Shareholders registered in Tadawulati services can vote electronically remotely on the assembly’s items starting at 1:00 am on Sunday 12/03/1445 AH corresponding to 06/09/2024 AD until the end of the assembly’s meeting time. Registration and voting in Tadawulati services will be available and free to all shareholders using The following link: www.tadawulaty.com.sa
Method of Communication in Case of Any Enquiries	If there are any inquiries, please contact us via email care@almuneef.com Or contact the number: 00966112227262
Attached Documents