Retailing and Operation Division

Saudi Automotive Services Company (SASCO) invites its shareholders to attend the ordinary general assembly meeting (first meeting) through modern technology

10 May 2021
Retailing and Operation Division

 

ELEMENT LIST

EXPLANATION

Introduction

The Board of Directors of Saudi Automotive Services Company (SASCO) is pleased to invite the shareholders to attend the ordinary general assembly meeting (first meeting) scheduled, at 18:30 on Wednesday, June 16, 2021 by using modern technology means using the tadawulaty, in support of the preventive and precautionary efforts and measures by the relevant and competent authorities to address the emerging corona virus, and as an extension of the continuous efforts made by all competent authorities in the Kingdom of Saudi Arabia to take the necessary preventive measures to prevent its spread.

City and Location of the General Assembly's Meeting

Headquarter of the company, located at the intersection of Al-Ahsa Street with Arbaeen Street - Al Zahraa District - in Riyadh, (through modern technology).

URL for the Meeting Location

www.tadawulaty.com.sa

Date of the General Assembly's Meeting

2021-06-16 Corresponding to 1442-11-06

Time of the General Assembly's Meeting

18:30

Attendance Eligibility

Each shareholder registered in the Securities Depository Center Company (Edaa) at the end of the trading session preceding the assembly meeting, electronic attendance registration and voting using tadawulaty according to the rules and regulations.

Quorum for Convening the General Assembly's Meeting

The quorum of holding ordinary general assembly meeting (first meeting) at least 25% of the capital, and in the event that the quorum required to hold the first meeting is not complete, the second meeting will be held an hour after the end of the period specified for the first meeting and the (second meeting) is valid whatever the number of shares represented in it.

General Assembly Meeting Agenda

As Attached File.

Proxy Form

E-Vote

The shareholders can vote remotely on the agenda through the electronic voting service by visiting the website of tadawulaty www.tadawulaty.com.sa. Note that registration in the service and voting is available free of charge to all shareholders, electronic voting begins at (10:00 a.m.) on Sunday, June 13, 2021, until the end of the meeting.

Eligibility for Attendance Registration and Voting

Eligibility for Registering the Attendance of the General Assembly’s Meeting Ends upon the Convenience of the General Assembly’s Meeting. Eligibility for Voting on the Business of the Meeting Agenda Ends upon the Counting Committee Concludes Counting the Votes

Method of Communication

All the questions and inquiries of shareholders related to the AGM will be received starting from (10:00 a.m.) on Sunday, June 13, 2021, until the end of the meeting.

Shareholders can contact the Investor Relations Department at 011-2068855 ext. 1113 or 1114 email: IR@sasco.com.sa.

Attached Documents