Results of the Extraordinary General Assembly (First Meeting)

AME Company for Medical Equipment and Devices is pleased to announce the results of its Extraordinary General Assembly (first meeting), held at 7:00 p.m. on Wednesday 16/11/1443H, corresponding to 15/06/2022, by means of modern technology.

Meeting details

• Venue: the company's head office in Jeddah, conducted remotely by means of modern technology.
• Date: 1443-11-16H, corresponding to 2022-06-15.
• Time: 19:00.
• Attendance: 69.32%.

Board members present

• Mr. Ammar Ahmed Shatta — Chairman of the Board
• Mr. Ahmed Saud Ghouth — Vice Chairman of the Board
• Dr. Ali Mohammed Deeb Eid — Managing Director
• Mr. Hisham Omar Baroum — Board Member
• Mr. Adnan Abdullah Al-Olayan — Board Member

No board member was absent.

Committee chairs present

• Mr. Abbas Mohammed Al-Nahdi — Chairman of the Audit Committee
• Mr. Hafez Farouk Al-Atawneh — Chairman of the Executive Committee

Voting results on the agenda

1. Approval of the Board of Directors' report for the financial year ended 31/12/2021.
2. Approval of the auditors' report for the financial year ended 31/12/2021.
3. Approval of the financial statements for the financial year ended 31/12/2021.
4. Approval of the discharge of the Board members for the financial year ended 31/12/2021.
5. Approval of the appointment of KPMG Professional Services as the company's auditor from among the candidates, based on the Audit Committee's recommendation, to examine, review and audit the first-half and annual financial statements for the 2022 financial year, and determination of its fees.
6. Approval of the Board's recommendation to distribute a cash dividend to shareholders for 2021 of SAR 1.75 per share — 17.5% of the share's nominal value — totalling SAR 12,250,000 (twelve million two hundred and fifty thousand Saudi riyals). Eligibility is for shareholders who own the shares at the close of trading on the day of the General Assembly and who are registered in the company's shareholders register at the Securities Depository Center Company (Edaa) at the end of the second trading day following the eligibility date. Distribution to the bank accounts linked to eligible shareholders' investment portfolios begins on 27/06/2022 through the Securities Depository Center Company.
7. Approval of the Board remuneration policy.
8. Approval of the amendment to the Audit Committee charter.
9. Approval of the amendment to Article One (1) of the company's bylaws, concerning conversion.
10. Approval of the amendment to Article Two (2) of the company's bylaws, concerning the company's name.
11. Approval of the amendment to Article Three (3) of the bylaws, concerning the company's objectives.

Additional information

Shareholders who have not received their dividends, or who have any enquiries, may contact the company's Shareholder Relations department on 0112765616.