Taiba Holding invites shareholders to attend 26th Ordinary General Meeting (Reminder)

The Board of Directors of Taibah Holding is pleased to invite shareholders to attend the 26th Ordinary General Assembly Meeting, which will be held at the will of Allah at 7:00 pm on Saturday, 03/05 / 1433H 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-second report of the Governing Council. 2. Ratification of the balance sheet, profit and loss account and auditor’s report as at 31/12/2011. 3 – discharge of the members of the Board of Directors for their management during the financial period ended 31/12/2011. 4. Approval of the distribution of periodic profits distributed during the year 2011, equivalent to (7.5%) of the capital of (112.5) one hundred and twelve million five hundred thousand riyals (0.75) per share of the balance of retained earnings and profits achieved, On the proposal of the Board of Directors regarding the payment of additional profits for the year 2011 equivalent to 2.5% of the capital by 37.5 million riyals per share, to be paid within two weeks from the date of the general assembly of Taiba Holding shareholders registered with Tadawul As at the end of the trading day of the Assembly to become the total amount of banana profits And of those proposed for distribution for the fiscal year 2011, an amount of 150 million rials by (1) riyals per share, representing 10% of the capital. 5 – Approval of the selection of the auditor from among the candidates by the Audit Committee to review the financial statements for the year 2012 and the quarterly financial statements and determine the fees. 6 – Approval of the transactions that took place during 2011 with the related parties with Taiba, including the Arab Company for Tourist Areas (Arak) – a subsidiary owned by Taiba Holding with 86.81% of its capital – the rental of Dar Al Kawthar owned by Taiba Holding Company (Arak) Until 2015 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 present his official identity and prove his ownership and attendance at least one hour prior to the meeting. The number of shares representing the quorum for the meeting is 75,000,000. (50%) of the issued shares.