10 Rabia II 1432 H - 15 March 2011 G
Alinma Bank has made its second call for shareholders to attend its second Ordinary General Assembly, which will be held for the second time on Sunday, March 27, 2011 (22 Rabi Thani 1432) at 4:30 p.m., at the Al-Anoud Novotel Hotel (Latifah Hall) in the city of Riyadh.
The meeting’s agenda includes approving the board of directors’ report and financial statements for the fiscal year ended December 31, 2010 as well as discharging the members of the board of directors for the same fiscal year. The meeting will also approve the auditors’ report for the same fiscal year and the appointment of auditors from among candidates nominated by the Audit committee to audit the accounts and quarterly financial statements of the bank for the fiscal year 2011. Furthermore, the auditor’s fees will be approved as well as the rules for selecting the members of the Nomination and Remuneration and Audit committees. Committee membership terms and work plans will also be approved.
Shareholders who will attend the meeting are kindly requested to bring their ID cards and proof of share ownership. Shareholders who are unable to attend may authorize another shareholder who is entitled to attend the meeting to act as proxies on their behalves. Names of proxies should be sent to Alinma Bank’s Shareholder Affairs department (fax No.: 01-2185255) at least three days in advance of the meeting date, as per the instructions set forth by the Ministry of Commerce and Industry. It should be noted that because this is the second call for the Ordinary General Assembly, a quorum is not required in order for business to go forward according to the agenda.