|Introduction||The Board of Directors of Filling and Packing Materials MFG. Co. (FIPCO) is pleased to invite its shareholders to attend the 34th. Ordinary General Meeting (First Meeting) scheduled to take place at 8:30 PM on Thursday, Shawwal 29, 1442H. Corresponding to June 10, 2021G. via modern technology means provided by TADAWULATY, in the context of supporting the preventive and precautionary efforts conducted by relevant authorities to address the new Corona Virus (COVID-19), 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 wild spread.|
|City and Location of the General Assembly’s Meeting||FIPCO head office, 2nd industrial area, Riyadh through the means of modern technology.|
|URL for the Meeting Location||www.tadawulaty.com.sa|
|Date of the General Assembly’s Meeting||2021-06-10 Corresponding to 1442-10-29|
|Time of the General Assembly’s Meeting||20:30|
|Attendance Eligibility||The eligibility to attend the Ordinary General Meeting remotely and vote on the meeting’s agenda through TADAWULATY platform, will be for shareholders registered in the Company share registry at the Depository Center as of the end of trading prior to the Ordinary General Meeting day, and as per the rules and regulations.|
|Quorum for Convening the General Assembly’s Meeting||The General Assembly meeting will be valid if attended by at least 25% of the Company’s capital, however in the absence of a quorum required for holding the meeting, a second meeting can be held one hour after the end of the period specified for the first meeting. The second meeting shall be valid regardless of the number of shares represented therein.|
|General Assembly Meeting Agenda||1- Vote to approve the report of the Board of Directors for the fiscal year ending 31/12/2020. |
2- Vote to approve the External Statutory Auditors Report for the fiscal year ending 31/12/2020.
3- Vote to approve the audited consolidated financial statements of the company for the fiscal year ending 31/12/2020.
4- Vote on the appointment and audit fees of the External Statutory Auditors nominated by the Audit Committee for reviewing and auditing of the 2nd qurter, 3rd quarter, 4th quarter, the annual consolidated financial statements for the fiscal year ending 31/12/2021 and the first quarter of 2022.
5- Vote to elect the members of the board of directors among the nominees for the next board session (three years) starting from 01/01/2022 and ends in 31/12/2024 (CVs attached).
|E-Vote||The shareholders who are registered in the Tadawulaty electronic trading services can remotely vote on the items of the General Meeting through (electronic voting) service via the website (www.tadawulaty.com.sa) with free of charge, which scheduled to take place starting from 10:00 AM on Monday, 26/10/1442H corresponding to 07/06/2021, and continue until end of the Meeting.|
|Eligibility for Attendance Registration and Voting||Eligibility for registering the attendance of the General Assembly Meeting ends upon the Convenience of the Meeting. Likewise, the right to vote on the Assembly agenda expires at the end of votes counting process.|
|Method of Communication||Eligible shareholders will be enabled to participate and discuss the meeting agenda though the link (will be provided later). they are also enabled to submit their questions and inquiries related to the above-mentioned agenda of the General Meeting, starting from 10:00 AM on Monday, 26/10/1442H corresponding to 07/06/2021, by communicating with the company through tel. No. 0112652299 Ext. 770 or via email (email@example.com)|
|Additional Information||All documents related to the above-mentioned items along with the Audit committee report for 2020 are attached.|