Scientific & Medical Equipment House Co. Announces the Invitation to Its Esteemed Shareholders to Attend the Extraordinary General Assembly 5Th Meeting (First Meeting) via Modern Technology Means (remotely)
| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of Scientific & Medical Equipment House Co. is pleased to invite the Company's esteemed shareholders to attend the Fourth Extraordinary General Assembly 5Th Meeting (First Meeting), scheduled to be held, God willing, at (06:30) p.m. on Wednesday, 01-06-1448H, corresponding to 11-11-2026G (Umm Al-Qura Calendar), through modern technology means (remotely), to discuss the agenda of the General Assembly Meeting and vote on its items. |
| City and Location of the General Assembly's Meeting | The company's head office is in Riyadh - Al-Moatamarat District - King Fahd Street (using modern technology) |
| Hyperlink of the Meeting Location | Click Here |
| Date of the General Assembly's Meeting | 2026-11-11 Corresponding to 1448-06-01 |
| Time of the General Assembly’s Meeting | 18:30 |
| Methodology of Convening the General Assembly’s Meeting | Via modern technology means |
| Attendance Eligibility, Registration Eligibility, and Voting End | The right to attend the General Assembly Meeting shall be granted to shareholders registered in the issuer's shareholders' register maintained by the Securities Depository Centre (Edaa) at the end of the trading session preceding the General Assembly Meeting, in accordance with the applicable laws and regulations. A shareholder may appoint another person, other than a member of the Company's Board of Directors, to attend the meeting on his/her behalf. Eligibility to register attendance at the General Assembly Meeting shall expire at the time the meeting commences. The eligibility of shareholders attending the meeting to vote on the agenda items shall expire once the Vote Counting Committee has completed the counting of votes. |
| Quorum for Convening the General Assembly's Meeting | According to Article (32) of the Company's Articles of Association, the Extraordinary General Assembly Meeting shall be valid if attended by shareholders representing at least one-half of the Company's shares carrying voting rights. If the required quorum for the first meeting is not met, a second meeting shall be held one hour after the expiration of the period specified for the first meeting. The second meeting shall be valid if attended by shareholders representing at least one-quarter of the Company's shares carrying voting rights. |
| General Assembly Meeting Agenda | 1- Voting on the Company’s purchase of a number of its shares, with a maximum of (3,000,000) shares, to be retained as treasury shares, as the Board of Directors believes that the market price of the Company’s shares is lower than their fair value. The purchase shall be financed through the Company’s internal resources, and the Board of Directors shall be authorized to complete the share purchase in one or multiple phases within a maximum period of eighteen (18) months from the date of the Extraordinary General Assembly’s resolution. The Company shall retain the purchased shares for a period not exceeding eight (10) years from the date of the shareholders’ approval. After the lapse of this period, the Company shall follow the procedures and regulations stipulated in the applicable laws and regulations. (Attached) |
| Proxy Form |  |
| The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right | Esteemed shareholders have the right to discuss the items listed on the agenda of the Extraordinary General Assembly and may raise their questions and inquiries related to these items during the meeting. Shareholders may also cast their votes electronically (remotely) on the agenda items through the e-voting service via the following link: https://www.tadawulaty.com.sa |
| Details of the electronic voting on the Assembly’s agenda | Registered shareholders on the Tadawulaty Services website may vote electronically (remotely) on the items of the General Assembly agenda starting from (01:00 A.M.) on Saturday 27-05-1448H corresponding to 07-11-2026G until the end of the Assembly meeting. Accordingly, we kindly invite all esteemed shareholders to participate and vote electronically (remotely) by visiting the Tadawulaty platform at the following link: www.tadawulaty.com.sa Registration in the Tadawulaty services and electronic voting on the Assembly’s agenda items are available free of charge to all shareholders. |
| Method of Communication in Case of Any Enquiries | Shareholders will be able to submit their questions and inquiries related to the agenda items of the Extraordinary General Assembly during the meeting through the live broadcast link, which will be sent to shareholders via the Tadawulaty service. They may also contact the Investor Relations Department by calling (0114646699), extension (580), or mobile number (0580065899) during the Company’s official working hours from Sunday to Thursday, between (9:00) A.M. and (5:00) P.M. Questions related to the General Assembly agenda may also be sent to the following email address: Investor.Relations@smeh.com.sa |
| Attached Documents | |
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