The Board of Directors of Al Masane Al Kobra Mining Co. (AMAK) invites its shareholders to attend The Ordinary General Assembly Meeting (First Meeting) by means of modern technology.

Element List	Explanation
Introduction	The Board of Directors of Al Masane Al Kobra Mining Company (AMAK) is pleased to invite the shareholders to participate and vote in the ordinary general assembly meeting (the first meeting), which is scheduled to be held at 6:30 on Wednesday 21/11/1445 AH, corresponding to 29/05/2024 AD, through modern technology by using Tadawulaty system.
City and Location of the General Assembly's Meeting	From company headquarters, at Najran city by using modern technology means using Tadawulaty system only.
Hyperlink of the Meeting Location	Click Here
Date of the General Assembly's Meeting	2024-05-29 Corresponding to 1445-11-21
Time of the General Assembly’s Meeting	18:30
Methodology of Convening the General Assembly’s Meeting	Via modern technology means
Attendance Eligibility, Registration Eligibility, and Voting End	Shareholders registered in the Issuer’s Shareholders registry in the EDAA Depository Centre at the end of the Trading Session Preceding the General Assembly’s Meeting as per Laws and Regulations. Shareholders have the right to discuss the topics on the assembly’s agenda and direct their questions The right to register attendance at the assembly meeting ends at the time of the assembly meeting. And the right to vote on the assembly’s items for the attendees ends when the counting committee finishes counting the votes.
Quorum for Convening the General Assembly's Meeting	The meeting of The Ordinary General Assembly shall be valid if attended by shareholders representing at least Quarter of the Company's capital , and if there is no quorum at the first meeting, the second meeting shall be held an hour after the expiration of the term of the first meeting. In any event, the second meeting shall be valid regardless of the number of shareholders represented therein.
General Assembly Meeting Agenda	1-Reviewing and discussing the Board of Directors Annual Report for the fiscal year ending 31 December 2023. Attached 2- Voting on the External Auditor’s Report for the year ending 31 December 2023 after discussing it. 3- Reviewing and discussing the Financial Statements for the fiscal year ending 31 December 2023. 4- Voting on releasing the Board of Directors members from their liability for the fiscal year ending 31 December 2023. 5- Voting on the appointment and determining fees of the external auditor for the Company from among the candidates on recommendation of the Audit Committee to examine, review, and audit the Company’s financial statements for the second, third quarters, and annual fiscal year of 2024 AD and the first quarter of fiscal year 2025. 6- Voting on the disbursement of (3,800,000) Three Million and Eight Hundred Thousand Saudi riyals as an annual remuneration to the members of the Board of Directors for the fiscal year ended 31/12/2023 AD 7-Vote on the related transactions that will take place between the company and the Najran Water Ltd. Co. for the year 2024 AD , for one year to sell water, in which the member of the Board of Directors, Mr. Ibrahim Bin Musallam and member of the Board of Directors, Mr. Majed Bin Musallam, have indirect interest on it, with same conditions and prices that Company follows with its other suppliers. The transactions for the year 2023 amounted SAR 88,943 attached. 8- Voting to delegate the Board of Directors with the authority of the General Assembly with the license mentioned in Section (1) of Article (27) of the Companies Law, for a one-year period effective upon the AGM approval date or up to the ending of the authorized Board term, whichever is earlier, in accordance with the Regulatory Rules and Procedures issued pursuant to the Companies Law relating to Listed Joint Stock Companies. 09- To vote on authorizing the Board of Directors to distribute interim profits on a semi-annual or quarterly basis for the fiscal year 2024 AD.
Proxy Form
The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right	Shareholders have the right to discuss the topics on the assembly’s agenda and direct their questions The right to register attendance at the assembly meeting ends at the time of the assembly meeting. And the right to vote on the assembly’s items for the attendees ends when the counting committee finishes counting the votes
Details of the electronic voting on the Assembly’s agenda	Shareholders registered on Tadawulaty services website can vote remotely on the assembly’s items starting from Saturday 01:00 AM, 17/11/1445 AH corresponding to 25/05/2024 AD until the end of the time of the assembly. We invite all the shareholders to participate and vote online through Tadawulaty website www.tadawulaty.com.sa Note that registration and voting are available in Tadawulaty services free for all shareholders.
Method of Communication in Case of Any Enquiries	In the event of an inquiry, we hope to contact the Investor Relations Department at Phone: +966 (0) 12 216 2699 , Ext. (108)/ (102) Or Al Masane Al Kobra Mining Co. (AMAK) – Investors Relations – PO BOX 46 Najran 55461 , Or through Email: ir@amak.com.sa
Attached Documents