| ELEMENT LIST | EXPLANATION |
|---|---|
| Introduction | Filling and Packing Materials MFG. Co. (FIPCO) is pleased to announce the results of its general assembly Meeting No. 36 (Second meeting) that took place on Shawwal 25, 1443H. Corresponding to May 26, 2022G. at 9:00 PM via modern technology means provided by TADAWULATY.
Due to lack of quorum for the first meeting, the second meeting was held after one hour of the scheduled time for the first meeting and the attendance was 7.35% of the Company’s total share capital. |
| City and Location of the General Assembly’s Meeting | FIPCO head office, 2nd industrial area, Riyadh through the means of modern technology. |
| Date of the General Assembly’s Meeting | 2022-05-26 Corresponding to 1443-10-25 |
| Time of the General Assembly’s Meeting | 21:00 |
| Percentage of Attending Shareholders | a quorum of 7.35 % of the company’s capital |
| Names of the Board of Directors’ Members Present at the General Assembly’s Meeting and Names of the Absentees | The AGM was attended by all board members named herein below:
1- Eng. Ahmed Abdullatif Albarrak (Chairman) 2- Mr. Faisal Muhammed Alharbi (Deputy Chairman and MD) 3- Mr. Nemer Nasser Alharbi 4- Mr. Hathal safar Alotaibi 5- Mr. Abdullah Muhammed Alharbi |
| Names of the Chairmen of the Committees Present at the General Assembly’s Meeting or Members of such Committees Attending on Their Behalf | The following Committees’ Chairmen attended the AGM:
1- Mr. Fawzi Ibrahim Alhobayeb (Chairman of the Audit Committee) 2- Mr. Nemer Nasser Alharbi (Chairman of the Nominations and Remuneration committee) 3- Eng. Ahmed Abdullatif Albarrak (Chairman of Executive Committee & Investment Committee) 4- Mr. Abdullah Muhammed Alharbi (Chairman of Governance Committee) |
| Voting Results on the Items of the General Assembly’s Meeting Agenda’s | 1- Approve the report of the Board of Directors for the fiscal year ending 31/12/2021. 2- Approve the External Statutory Auditors Report for the financial year ending 31/12/2021. 3- Approve the audited consolidated financial statements of the company for the fiscal year ending 31/12/2021. 4- Approve the appointment of (AlKharashi & Co. CPA) and audit fees for the External Statutory Auditors nominated by the Audit Committee for reviewing and auditing of the 2nd quarter, 3rd quarter, the annual consolidated financial statements for the fiscal year ending 31/12/2022 and the first quarter of 2023. |
