The Raydan Food Company invites its shareholders to attend the Ordinary General Assembly Meeting (First Meeting) via modern technology means.

Element List	Explanation
Introduction	The board of Directors of Raydan food company is pleased to invite the valued shareholders to participate and vote in the Ordinary General Assembly meeting (the first meeting) to be held remotely through modern technical means, God willing, on Thursday, 13-06-2024, corresponding to 07-12-1445 h (according to the Umm Al-Qura calendar) at 07: 30 pm
City and Location of the General Assembly's Meeting	The Company's headquarters is in Jeddah, Al-Safa district, Abdullah Al Sharbatly St., through modern means of technology
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	19:30
Methodology of Convening the General Assembly’s Meeting	Via modern technology means
Attendance Eligibility, Registration Eligibility, and Voting End	The right of attendance for shareholders registered in the issuer's shareholders register at the Depository Center shall be at the end of the trading session preceding the General Assembly meeting and in accordance with the rules and regulations, the right of registration of attendance for the Assembly meeting expires at the time of the Assembly meeting, and the right to vote on the items of the Assembly for those present expires when the sorting committee finishes counting votes.
Quorum for Convening the General Assembly's Meeting	The General Assembly meeting reaches a quorum, if it is attended by a number of shareholders representing 25% of the company's capital, and if such a quorum was not present at the first meeting, an invitation to the second meeting is sent an hour after the previous one. The second meeting is valid regardless of the number of shares represented at it in accordance with the articles of association
General Assembly Meeting Agenda	1. Reviewing and discussing the company’s financial statements for the fiscal year ending on 31-12-2023, And discuss it. 2. Reviewing and discussing the Board of Directors report for the fiscal year ending on 31-12-2023. 3. Vote on the Comptroller's report for the financial year ended 31-12-2023 after discussing it.. 4. Vote to absolve the members of the Board of Directors for the financial year ended on 31-12-2023. 5. Voting on appointing the external auditor for the Company from among the candidates based on the Audit Committee's recommendation. The appointed auditor shall examine, review and audit the second, third and annual financial statements, of the fiscal year 2024, and the first quarter of the fiscal year 2025, and the determination of the auditor remuneration.. 6. Vote on the disbursement of the sum of SAR (1,784,930) annual remuneration to the members of the Board of Directors for the financial year ended on 31-12-2023. 7. Voting on the policy of competition controls and standards (attached). 8. Voting on the Social Responsibility policy (attached). 9. Vote on amending the policy, criteria and procedures of membership of the Board of Directors (attached). 10. Voting on the rules of work of the board of directors (attached). 11. Vote on amending the rules of work of the Remuneration and Nominations Committee (attached). 12. Vote on amending the rules of work of the Audit Committee (attached). 13. Voting on the decision of the board of directors to appoint Mr. Adel Shamsuddin Siddiqui as an independent member of the board of directors starting from the date of his appointment on 14-05-2024 to complete the board session until the end of the current session on 20-04-2025 to succeed the previous member Mr. Faisal Saad al-Subaie (independent member). (Attached C.V.)
Proxy Form
The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right	Shareholders are entitled to discuss items of the agenda of the General Assembly and raise relevant questions to the Board members, noting that the voting is available for free for all Shareholders via: https://www.tadawulaty.com.sa/
Details of the electronic voting on the Assembly’s agenda	The shareholders, who are registered in the Tadawulaty electronic trading services, can remotely vote on the items of the General Assembly Meeting agenda starting from Sunday, 09-06-2024 corresponding to 03-12-1445 (as per Um Al-Qura Calendar). at 01:00 a.m. until the end of the AGM. The registration and voting are free of charge and will be available through the electronic voting service following the below link: https://www.tadawulaty.com.sa/
Method of Communication in Case of Any Enquiries	For inquiries, kindly contact the Shareholder Relation Department: Phone: +966 12 6781177 or via the E-mail investor.relations@raydan.com.sa
Attached Documents