Inviting shareholders to attend the ordinary general assembly meeting
Jana Medical Company (closed joint stock company)
Monday 10/06/1445 AH corresponding to 04/15/2024 AD
The Board of Directors of Jana Medical Company (a closed joint stock company) is pleased to invite the honorable shareholders of the company to attend the (regular) general assembly meeting, which is scheduled to be held – God willing – at exactly (11:00) eleven o’clock in the morning on Monday) on 10/06/1445 AH corresponding to 04/15/2024 AD, which will be held at the company’s main headquarters in the city of (Riyadh) address: Moroccan Desert Street – Al-Nafal District – Riyadh) and through various means
Communication and modern technology, in order to consider the following agenda:
Agenda of the Ordinary General Assembly:
(1) Voting on the company’s Board of Directors report for the year 2023.
(2) Vote on the financial statements, the report of the Board of Directors, and the report of the company’s external auditor for the financial year ending on December 31, 2023 AD, and recommend it to the General Assembly of shareholders regarding it.
(3) Vote on appointing the company’s external auditor to review and audit the company’s lists for the year 2024.
(4) Voting on the business, contracts, and balances between the company and Jana Investment Holding Company, which are for the shareholder and Chairman of the Board of Directors, Mr. Eid.
Sultan Al-Otaibi has an indirect interest in it, since Mr. Eid Sultan Al-Otaibi is a shareholder in it and holds the position of director in it. These works and contracts are expenses paid by proxy, operational advances, and closings of some balances. The total balance at the beginning of the period on the date of January 1, 2023 amounted to a debit amount of (4,282,739). ) Saudi riyals, and the total debit transactions during the year 2023 AD amounted to (22,538,987) Saudi riyals, and the total credit transactions amounted to (31,706,617) Saudi riyals, while the total balance for the fiscal year ending on December 31, 2023 AD amounted to a credit amount of (4,884,891) riyals. Saudi business and contracts have been approved without detailed conditions or benefits.
(5) Voting on the closure of the business, contracts, and balances between the company and Jana Investment Trading Company, in which the shareholder and Chairman of the Board of Directors, Mr. Eid Sultan Al-Otaibi, has an indirect interest, since Mr. Eid Sultan Al-Otaibi is a shareholder in it and holds the position of director in it, and these businesses and contracts are a matter of Expenses paid by proxy. The total balance at the beginning of the period on January 1, 2023 amounted to a debit amount of (13,630) Saudi riyals. The total debit transactions during the year 2023 amounted to an amount of (19,891) Saudi riyals. The total credit movements amounted to (33,521) Saudi riyals. While the total balance for the fiscal year ending on December 31 was
2023 AD, with a credit amount of (0) zero Saudi riyals, and the business and contracts have been approved to close without detailed conditions or benefits.
6 Vote on closing the business, contracts and balances between the company and Jana Investment Holding Company, which are for the shareholder and the Chairman of the Board of Directors.
Mr. Eid Sultan Al-Otaibi has an indirect interest due to the fact that Mr. Eid Sultan Al-Otaibi is a partner in it, and these works and contracts are…
Expenses paid on behalf. The total balance at the beginning of the period on January 1, 2023 was a debit amount of (128) Saudi riyals. The total debit transactions during the year 2023 were an amount of (200) Saudi riyals. The total credit movements were amounted to (328) Saudi riyals. While the total balance for the fiscal year ending on December 31, 2023 was a credit amount of (0) zero Saudi riyals, and the business and contracts were approved to close without detailed conditions or benefits.
(7) Vote on closing the business, contracts and balances between the company and the Shadan United Trading Corporation. These business and contracts are expenses paid by proxy. The total balance at the beginning of the period on January 1, 2023 amounted to a debit amount of (642,207) Saudi riyals, and the total transactions amounted to The debit during the year 2023 AD amounted to (0) Saudi riyals, and the total credit transactions amounted to (642,207) Saudi riyals, while the total balance for the fiscal year ending on December 31, 2023 AD amounted to a credit amount of (0) zero Saudi riyals, and it was approved to Closing business and contracts without detailed conditions or benefits.
(8) Voting on the closure of the business, contracts and balances between the company and Ertiqaa Al-Andalus Marble and Stone Company, in which the shareholder and Chairman of the Board of Directors, Mr. Eid Sultan Al-Otaibi, has an indirect interest, since Mr. Eid Sultan Al-Otaibi is a partner in it, and these works and contracts are expenses paid by proxy and may The total balance at the beginning of the period on January 1, 2023 AD amounted to a credit amount of (1,444) Saudi riyals. The total debit transactions during the year 2023 amounted to an amount of (130,700) Saudi riyals. The total credit transactions amounted to (129,256 Saudi riyals), while the total balance amounted to (129,256) Saudi riyals. For the fiscal year ending on December 31, 2023 AD, with a credit amount of (0) zero Saudi riyals, the business and contracts have been approved to close without detailed conditions or benefits.
(9) Voting on the salaries and allowances distributed to a number of members of the Executive Board of Directors and the company’s executive management (they are Mr. Eid Sultan Al-Otaibi / Mr. Jamil Mutheeb Al-Otaibi / Mr. Khaled Ramadan – Mr. Wissam Ghazawi / Mr. Saeed Al-Hajj / Mr. Hazem Al-Hamad /
Mr. Mutaym Janbain, in the amount of (2,467,236) Saudi riyals for the financial year ending on December 31, 2023 AD.
Accordingly, every shareholder of the company has the right to attend the assembly meeting and has the right to delegate whomever he chooses from other than members of the Board of Directors. Each shareholder has the right to discuss the topics on the assembly’s agenda, ask questions about them, and exercise the right to vote in them.
Quorum required for the Ordinary General Assembly to be held: The Ordinary General Assembly meeting shall be valid