United Wire Factories : ASLAK) Invites Its Shareholders To Attend the 14th Ordinary General Assembly Meeting (The First Meeting)

Element List	Explanation
Introduction	The Board of Directors of Union Wire Factories Company is pleased to invite its shareholders to participate and vote in the 14th Ordinary General Assembly meeting (the first meeting), which is scheduled to be held at eight o'clock in the evening on Tuesday 28/07/1443 AH (corresponding to 01/03/2022 AD) at the company's headquarters In the city of Riyadh - through modern technology, through the link www.tadawulaty.com.sa, as part of the support of preventive and precautionary efforts and measures by the competent and relevant health authorities to address the emerging corona virus (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, in order to consider the following agenda:
City and Location of the General Assembly's Meeting	Riyadh - head office - second industrial area
URL for the Meeting Location	www.tadawulaty.com.sa
Date of the General Assembly's Meeting	2022-03-01 Corresponding to 1443-07-28
Time of the General Assembly's Meeting	20:00
Attendance Eligibility	Shareholders Registered in the Issuer's Shareholders Registry in the Depository Centre At the End of the Trading Session Preceding the General Assembly's Meeting as per Laws and Regulations
Quorum for Convening the General Assembly's Meeting	For the validity of the Ordinary General Assembly meeting, the attendance of a number of shareholders representing at least a quarter of the capital is required. If the necessary quorum is not available to hold this meeting, the second meeting will be held an hour after the end of the period specified for convening the first meeting, and the second meeting will be valid regardless of the number of shares represented in accordance with Article 33 of the company's articles of association.
General Assembly Meeting Agenda	1. To vote on the Board of Director's report for the fiscal year ending on 31/12/2021 AD. 2. To vote on the auditors' report for the fiscal year ending on 31/12/2021 AD 3. To vote on the financial statements for the fiscal year ending on 31/12/2021 AD 4. To Vote on the appointment of an external auditor for the company from the candidates nominated based on the recommendation of the Audit Committee, to examine, review and audit the financial statements for the second quarter, third quarter, and the annual of the fiscal year 2022, and the first quarter of the fiscal year 2023, and determine the fees. 5. To vote on the business and contracts that will take place between the company and "Rumooz Al-Fakherah For Trading Company", where two of the Board members (Mr. Mohammad Rasheed Al-Rasheed) and (Mr. Saleh Rasheed Al-Rasheed), as related parties, have indirect interest, for the year 2022. The total value of the transactions done in the year 2020 was (9,452,931) Saudi Riyals, representing sales made on commercial basis and with non-preferential terms. ( attached ) 6. To vote on the discharge of the members of the Board of Directors for the fiscal year ending on 31/12/2021 AD. 7. To vote on disbursing an amount of SAR 900,000 as a remuneration for the members of the Board of Directors, for the fiscal year ending on 31/12/2021 AD. 8. To vote on the amendment of Article (8 - Paragraph 1 - b) of the remuneration policy for the Board of Directors, its committees and the executive management of the company, related to (the remuneration of members of the Board of Directors). (attached) 9. To vote on authorizing the Board of Directors to distribute interim dividends on a semi-annual / quarterly basis for the fiscal year 2022 AD. 10. To vote on disbursing an amount of SAR 175,000 as a remuneration for the members of the audit committee, for the fiscal year ending on 31/12/2021 AD. 11. Vote on the formation of the Audit Committee for the next (fifth) session, which begins on 10/4/2022 AD and for a period of three years ending on 9/4/2025 AD, and approves its tasks, rules of work and remunerations for its members, and approves the appointment of the following candidates (CV Attached ):- - Khaled Muhammad AL Khwaiter ( Out of BOD) - Youssef Abdullah Almutlaq. ( Independent ) - Abdullah Soued Alerafi. ( Out of BOD) 12. Vote to elect members of the Board of Directors from among the candidates for the next (fifth) session, which begins on 10/04/2022 and for a period of three (3) years, ending on 9/4/2025 AD (CVs are attached).
Proxy Form	[Link]
E-Vote	The shareholders who are registered on Tadawulaty electronic services can remotely vote on the items of the meeting. The remote voting will start at 10 AM on Friday 25/02/2022G (corresponding to 24/07/1443H) and shall continue until the end of General Assembly meeting.
Eligibility for Attendance Registration and Voting	Eligibility for Registering the Attendance of the General Assembly's Meeting Ends upon the Convenience of the General Assembly's Meeting. Eligibility for Voting on the Business of the Meeting Agenda Ends upon the Counting Committee Concludes Counting the Votes
Method of Communication	For any further inquiries regarding any of the assembly items, please contact the Shareholders Relations Department during official working hours from 8 am until 4 pm, through the following contact address: Shareholders Relations Department Tel: [phone] Ext 1713 Email: [email protected]
Additional Information	Please note that registration in Tadawulaty service and voting is provided free of charge for all shareholders through the following link: www.tadawulaty.com.sa
Attached Documents	[Link] [Link] [Link] [Link] [Link]