Paper Home Co. Board invites its shareholders to attend the Ordinary General Assembly Meeting the ( First Meeting )

Element List	Explanation
Introduction	The Board of Directors of the House of Paper Company is pleased to invite the 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 (18:45) on Wednesday, 11/28/1445 AH corresponding to 05/ 06/2024 AD
City and Location of the General Assembly's Meeting	At the company's main headquarters located on Al-Kharj Road - Exit 7 - Al-Rafaya Industrial Area, using modern technology
Hyperlink of the Meeting Location	Click Here
Date of the General Assembly's Meeting	2024-06-05 Corresponding to 1445-11-28
Time of the General Assembly’s Meeting	18:45
Methodology of Convening the General Assembly’s Meeting	Via modern technology means
Attendance Eligibility, Registration Eligibility, and Voting End	Shareholders who are registered in the issuers shareholders record at the Depositary Center by the end of the trade session prior to the general assembly meeting and in accordance with the laws and regulations. The shareholder has the right to delegate whomever other than the board of directors. The right to register a name to attend the general assembly meeting ends at the time of convening the general assembly meeting. The attendees right to vote on the items of the assembly’s agenda ends upon the end of screening the votes by the Screening Committee.
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 if it is attended by a number of shareholders representing at least a quarter of the company’s shares that have voting rights.
General Assembly Meeting Agenda	1. Vote on the auditor’s report for the fiscal year ending on 12/31/2023 AD after discussing it. 2. Reviewing and discussing the financial statements for the fiscal year ending 12/31/2023. 3. Voting to discharge the members of the Board of Directors from their liabilities for the fiscal year ending on 12/31/2023. 4. Reviewing the Board of Directors’ report for the financial year ending on 12/31/2023 AD and discussing it. 5. Vote on disbursing an amount of (450,000) Saudi riyals as a reward to members of the Board of Directors for the year ending on 12/31/2023 AD. 6. Vote on appointing the company’s auditor from among the candidates based on the recommendation of the Audit Committee, in order to examine, review and audit the semi-annual and annual financial statements from the year 2024 AD and determine his fees. 7. Vote on authorizing the Board of Directors to distribute interim dividends (quarterly - semi-annually) for the year 2024. 8. Voting on the business and contracts concluded between the company and Al-Kharj Investment Company (a single person company) wholly owned by the Chairman of the Board of Directors (Mr. Yakoub Youssef Al-Maghrabi), in which he has an indirect interest, which consists of (paying the balance due to the related party) according to prevailing market conditions in the amount of (4,669,574 Saudi riyals) (as a debtor) (attached). 9. Voting on the business and contracts concluded between the company and Al-Kharj Investment Company (one person company) wholly owned by the Chairman of the Board of Directors (Mr. Yacoub Youssef Al-Maghrabi), in which he has an indirect interest, which is (financing to support operational operations in the factory) according to prevailing market conditions in the amount of (790,000 Saudi riyals) (as a creditor) (attached). 10. Voting on the business and contracts concluded between the company and the Chairman of the Board of Directors (Mr. Yacoub Youssef Al-Maghrabi) in which he has a direct interest, which is (renting the factory land owned by him) according to prevailing market conditions in an amount of (300,000) riyals (as a creditor) (attached).
Proxy Form
The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right	Shareholders registered in the company’s shareholder register at the Depository Centre at the end of the trading session that precedes the general assembly meeting attend the assembly meeting in accordance with the rules and regulations. The shareholder also has the right to discuss the topics listed on the assembly’s agenda and ask questions
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 11/25/1445 AH corresponding to 06/02/2024 AD until the end of the assembly’s meeting time. Registration and voting in Tadawulati services will be available and free to all shareholders by using the link. Next: www.tadawulaty.com.sa
Method of Communication in Case of Any Enquiries	In case of any inquiries, please contact the email at INFO@PAPERHOME.COM.SA or call: 0115459348
Attached Documents