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Halwani Bros. Co. Invites its Shareholders to Attend the ( First Meeting ) Ordinary General Assembly Meeting through the modern technology tools

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Introduction The Board of Directors of Halwani Brothers are pleased to invite its honorable shareholders to attend the Ordinary General Assembly meeting (the first meeting), which is scheduled to be held, at Six Thirty in the evening on Wednesday 21 / 06 / 1442 AH corresponding to 03 / 02 / 2021 G, through the modern technology tools, through Tadawulaty Platform (http://tadawulaty.com.sa), in order to protect the participants health within the framework of supporting preventive and precautionary efforts and measures by the relevant health authorities to address the emerging coronavirus (COVID-19) and as an extension of the continuous efforts made by all government agencies 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 Through the modern technology tools
URL for the Meeting Location (http://tadawulaty.com.sa)
Date of the General Assembly's Meeting 2021-02-03 Corresponding to 1442-06-21
Time of the General Assembly's Meeting 18:30
Attendance Eligibility The entitlement for attending the meeting shall be for the shareholders registered in the Company's shareholders register at the Depository Center at the end of the trading session preceding the General Assembly meeting, the shareholder has the right to register electronically and vote through Tadawulaty Platform, at the assembly meeting in accordance to the rules and regulations
Quorum for Convening the General Assembly's Meeting The General Assembly meeting shall be valid if attended by shareholders representing at least half of the Company’s capital. In the absence of a quorum required for holding the meeting, a second meeting will 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 at it.
General Assembly Meeting Agenda 1.Voting on the Board of Director’s recommendation to distribute cash dividends to the shareholders for financial year 2020 G, at (1.5) Riyals per share which is equivalent to (15%) of the company’s share capital with a total amount of ( 47,142,859.5 ). Provided that the entitlement to dividends is for shareholders holding the shares by the end of the trading day of the assembly date, and who are registered in the Company's shareholders registry held by the Securities Depository Center Company (Edaa) at the end of the second trading day following the entitlement date, and provided that the distribution date to be announced later.

2.Voting on the Board of Directors Resolution appointing Mr. Ghassan Ahmed Amodi (an Independent Director) in the Board of Director, with effect of 17 July 2020 and up to the end of the current Board term on 06 November 2021, in replacement of resigned member, Mr. Ahmad Abdullah Khayat (an independent Director). (Candidate's CV is attached)

3.Voting on amending the Audit Committee Charter. (Attached)

4.Voting on amending the Remuneration and Nomination Charter. (Attached)

5.Voting on amending the Policies, standards and procedures for membership of the Board of Directors. (Attached)

Proxy Form
E-Vote The company assures to all of its shareholders that registration and voting are limited to the assembly's items through (electronic voting), which will be available to shareholders registered on the Tadawulaty Platform from Ten in the morning on Sunday 18 Jumada Al-Thani 1442 AH corresponding to January 31, 2021 G until the end of Convening time of the assembly, noting that registration and voting in Tadawulaty, is available free of charge to all shareholders using the following link (http://tadawulaty.com.sa)
Eligibility for Attendance Registration and Voting Noting that the eligibility to register attendance for the Assembly meeting ends upon the Assembly meeting adherence time, and the attendees’ right to vote on the Assembly's agenda items ends when the counting committee finishes counting the votes.
Method of Communication Any questions or quires should be communicated to (a.attiah@halwani.com.sa) or by calling the Corporate Governance at 012636667 ext 312 during business hours.
Attached Documents  

The Capital Market Authority and the Saudi Stock Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.

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