Saudi Printing and Packaging Company invites its shareholders to attend the AGM (1st meeting)

The Board of Directors of the Saudi Printing and Packaging Company invites shareholders who own 20 shares or more to attend the Ordinary General Assembly meeting to be held at the Sheraton Hotel in Bin Salman Hall in Riyadh at 4:00 pm on Monday, 18-07-1437, 25-04- 2016 to discuss the following agenda:

          1. Vote on the report of the Governing Council for the year 2015.
          2. To vote on the auditors’ report for the year ended 31 December 2015.
          3. The voting on the consolidated financial statements for the year ended 31 December 2015.
          4. Vote on the discharge of the members of the Board of Directors for their work during the fiscal year ended 31 December 2015.
          5. The vote on the appointment of the auditor from among the candidates of the Audit Committee to review and examine the financial statements of the company for the year 2016, and determine its fees.
          6. To vote on the work and contracts between the company and the Saudi Research and Marketing Company, which is a member of its Board of Directors, the Chairman of the Board of Directors Mr. Adel bin Marzouq Al-Nasser and a member of the Board of Directors Mr. Majed Abdulrahman Al-Issa and Board Member Dr. Turki bin Omar Saleh Buqshan and some subsidiaries (The related parties) and the license for such works and contracts until the end of the fiscal year ended 31/12/2015. These works have been agreed upon since previous years and are an extension of the continuous relations that started before the year 2015. These transactions include printing contracts and rents according to What follows J:
            • Saudi Research and Marketing Company. These transactions are printing contracts. The total value of these transactions represents SR 496,403 during the fiscal year 2015 and the required amount is SR 164,481 as at 31 December 2015.
              The Saudi Research and Publishing Company (SAARC), which is owned by the Saudi Research and Marketing Company, is a print contract. The total value of these transactions represents SR 61,640,708 during the fiscal year 2015. The rental income is SR 12,500 and the requested amount is 21,161,182 as at 31 December 2015.
            • The Saudi Specialized Publishing Company, which is owned by the Saudi Research and Marketing Company, is a print contract representing the total value of these transactions (5,697,553) riyals during the fiscal year 2015, and the required amount (1,684,846) as at 31 December 2015.
            • The Gulf Company for Advertising and Public Relations, which is owned by the Saudi Research and Marketing Company. These transactions represent a print contract. The total value of these transactions represents SR 696,584 during the fiscal year 2015, and the required amount is SR 560,657 as at 31 December 2015. Saudi Distribution Company, which is owned by the Saudi Research and Marketing Company. These transactions represent a printing contract. The total value of these transactions represents SR 13,500 during the fiscal year 2015. The rental income is SR 160,000 and the required amount is SR 83,024 as of December 31,.
            • Emirates Printing, Publishing and Distribution Company, owned by the Saudi Research and Marketing Company (SRMR): the amount of SR 40,445 as at 31 December 2015 represents a required amount of one of its customers and is reserved for the company.
          7. The vote on the appointment of Mr. / Adel bin Marzouq Al – Nasser member of the Board of Directors of the Saudi Printing and Packaging Company in its current session instead of the resigning member Engineer / Sulaiman bin Ibrahim Al – Hadithi.
          8. vote on appointing Dr. Turki bin Omar Saleh Buqshan as a member of the Board of Directors of the Saudi Printing and Packaging Company in its current session instead of the resigning member Eng. Saad Bin Saleh Al Azouri.
          9. The vote on the appointment of Mr. / Fahad bin Ibrahim Al-Mufraj member of the Board of Directors of the Saudi Printing and Packaging Company in its current session instead of the outgoing member Dr. / Saad bin Saleh al-Ruwaite.
            10 – The vote on the appointment of Mr. / Mohammed bin Zamil Al-Laughon is a member of the Board of Directors of the Saudi Printing and Packaging Company in its current session instead of the resigned member Professor / Wael bin Abdulaziz Al Fayez.Note that the meeting of shareholders is required to be attended by a number of shareholders representing 51% of the share capital. Each shareholder holding 20 shares has the right to attend the General Assembly. Shareholders who are unable to attend at the appointed time are kindly requested to appoint other shareholders who have the right to attend the meeting. (Non-members of the Board of Directors and employees of the Company) send the required consignments certified by the Chamber of Commerce or from a bank or the employer, and send it to the following address: Saudi Printing and Packaging Company – Shareholders Relations PO Box 50202 Riyadh 11523 Fax 0112032027 At least three days with the need to bring the Shareholders of the meeting (authenticity or agency) their personal cards. For inquiries, please contact the Shareholders Relations Department at 0112032022 during the official working hours of the company from Sunday to Thursday from 8 am to 4 pm.
            Power of attorneyI am the undersigned / nationality under the identity of a number issued on 1437H and the owner of the shares of the Saudi Printing and Packaging Company has been the shareholder of the identity number of the attendance on my behalf at the ordinary general meeting scheduled at 4 pm on Monday 18/07/1437 AH Corresponding to 25/4/2016 at the Sheraton Hotel in Bin Salman Hall in Riyadh, and vote on my behalf on the subjects on the agenda of this meeting or any other meeting that may be held later in case of postponement for lack of quorum for the meeting referred to above. Done in / / 1437H corresponding to / / 2016 AD.