Taiba Holding invites its shareholders to attend the 28th Ordinary General Meeting (Reminder)

The Board of Directors of Taibah Holding is pleased to invite shareholders to attend the 28th Ordinary General Assembly Meeting scheduled to be held at the will of God at 5:00 pm on Sunday 04/14/2016 at the headquarters of Taibah Holding in Madinah – Abdullah (the second ring) with the new road of Sayed Al Shuhadaa to consider the following: 1. Approve the twenty-fourth report of the Board of Directors. 2. Ratification of the balance sheet, profit and loss account and auditor’s report as at 31/12/2013. 3 – discharge of the members of the Board of Directors for their management during the financial period ended 31/12/2013. 4- Approving the distribution of the periodic profits which was made for the first three quarters of 2013, equivalent to 10% of the capital by SR 150 million and SR 1 per share of the balance of profits realized. Approval of the Board of Directors’ For the fourth quarter of 2013, equivalent to 4% of the capital of SAR 60 million (0.40) per share, to be distributed within two weeks from the date of the general meeting of the shareholders of Taiba Holding registered with the Tadawul records as at the end of the trading day of the Assembly To be the total amount of dividends and those proposed for And distributed for the fiscal year 2013 an amount of (210) million riyals (1.40) riyals per share and 14% of the capital. 5. Approving the disbursement of the amount of SR 1,800,000 as remuneration to the members of the Board of Directors in accordance with paragraph (4) of Article (46) of the Statutes of Taibe by (200,000) Riyals for each member for the financial year ending on 31/12/2013. 6 – Approval of the selection of auditors from among the candidates by the Audit Committee to review the annual financial statements for the year 2014 and the quarterly financial statements and determine the fees. 7. Approve the deal that was made during 2013 with one of the related parties with Taibeh to rent the Dar Al Kawthar Hotel (Arak Inn) owned by Taibeh Holding for a period of five Hijri years starting from 1431/08 / 01H with an annual rent of SR 4,500,000 for the Arab Company (Arak) – a subsidiary of Taiba Holding Taiba owns 86.88% of its capital – Arak Board of Directors is chaired by Mr. Abdullah Bin Mohammed Al Zaid, Vice Chairman, Managing Director and Chief Executive Officer of Taiba Holding. HE Dr. Hamad bin Saif Al-Batal is a member of the Board of Directors of RTA K. 8- Approving the deal that was executed on 14/11/23 / 2013H with AlfaPeople, one of Strata International Company for IT, whose board of directors is headed by Mr. Ghassan bin Yasser Shalaby, And the implementation of Microsoft Dynamics business solutions software at a cost of (234,750) two hundred and thirty four thousand and seven hundred and fifty riyals for a period of six months, renewable according to the stages of completion of the scope of agreed works and the subsequent provision of maintenance and support services. ______________________________________________ The shareholder may, by virtue of the power of attorney, prepare for the appointment of other shareholders to attend the said meeting provided that the agent is not a member of the Board of Directors or a member of the Board of Directors of Taiba. The power of attorney is also required to be in writing and certified. From one of the chambers of commerce or industry, or one of the local banks to which the shareholder is an accountant or the employer. In case of being a civil authority, the signature of the official should be authenticated by one of the Chambers of Commerce and Industry and accompanied by a copy of proof of ownership of the shares. The meeting shall be held for at least three days. Each shareholder or his representative must bring his official identity and prove ownership of his shares and attend the meeting at least one hour prior to the meeting to complete the registration procedures, noting that the number of shares representing the quorum for the meeting is 50 ) Of the issued shares (75,000,000) shares.