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21 March 2025

General Khaleejia Company Launches Electronic Voting For Shareholders

Shareholders can vote remotely from March 23 until the assembly on March 27, enhancing participation and transparency.

The General Khaleejia Company for Cooperative Insurance has announced that electronic voting on the agenda items for its extraordinary general assembly will begin at 1:00 AM on Sunday, March 23, 2025, and will remain open until the end of the assembly meeting.

This move allows all shareholders to participate and vote remotely, facilitating their involvement in crucial company decisions while leveraging modern technology. The registration and voting will be available free of charge through the company's dedicated online service.

The announcement comes as part of the company’s commitment to transparency and accessibility for its shareholders. The first extraordinary general assembly meeting is scheduled to take place at 9:00 PM on Thursday, March 27, 2025, via state-of-the-art technological means. Shareholders are invited to engage actively in the meeting, ensuring their voices are heard in the company's governance.

According to statements released on March 2, 2025, by the company on the Saudi Tadawul website, the board of directors encourages stakeholders to utilize the online platform for their voting needs. This initiative enables ease of access, promoting greater shareholder engagement and allowing them to contribute to discussions about the company's future.

The electronic voting process is designed to enhance the efficiency of shareholder meetings and attract more participants. It allows individuals who may be unable to attend the meeting in person the opportunity to still vote and have their opinions considered. This aligns with global trends in corporate governance, where digital solutions increasingly play a role in fostering shareholder inclusion.

As the company prepares for the assembly, they are ensuring that all technical aspects of the voting process are seamlessly integrated and user-friendly. The website www.tadawulaty.com.sa will serve as the primary platform for registration and voting, with support available for shareholders who may have questions or require assistance.

Shareholder relations will be available during official working hours through various channels, including telephone and email, to address any inquiries. For further support, shareholders can reach out via phone at 920001862 (extension 8986) or email at [email protected] Asking questions ahead of time can help ease the voting process, especially for those not familiar with online voting.

The company also provided a comprehensive guide to assist shareholders with the electronic voting system, ensuring everyone can participate without glitches or confusion. This proactive approach indicates the company’s dedication to fostering effective communication and engagement with its investors.

The implementation of electronic voting is particularly timely, as it comes amid a broader trend of digitization within corporate governance frameworks across the globe. This trend aims at not only increasing participation but also ensuring that shareholder votes are accounted for accurately and transparently.

In summary, the General Khaleejia Company is at the forefront of adopting innovative practices in corporate governance by enabling electronic voting for its extraordinary general assembly meeting. This significant step reflects a shift towards accommodating the modern shareholder's needs, tapping into technology to enhance participation and oversight.

As the date of the voting approaches, the excitement among shareholders is palpable, with many eagerly anticipating the chance to weigh in on pivotal matters affecting their investments. It's a significant moment for the company and its stakeholders, exemplifying a progressive approach to corporate governance that aligns with contemporary expectations of accountability and accessibility.