Al-Jinah Holding Company held its Extraordinary General Meeting (EGM) on Monday, December 13, 2021, and approved the Board of Directors’ recommendation to amend Article (13) of its Articles of Association related to the number of Board members as follows: The company is managed by a board of directors consisting of (3) Members elected by the Annual General Meeting (AGM) by secret ballot.
Shareholders, individuals, or legal entities may cast their votes to elect board members pro rata to the number of shares they own. Shareholders who are represented on the Board of Directors may not participate with the other shareholders in the election of the remaining members of board members except within the remaining available limits for the appointment of their representatives. 
This resolution has been approved subject to receiving regulatory approvals. A group of shareholders may jointly agree to appoint one or more board members by adding their collective number of shares. These representatives shall have the same rights and responsibilities as elected members. The shareholder shall be responsible for the actions of his representatives towards the company, its creditors, and its shareholders. 
A group of shareholders may jointly agree to appoint one or more board members by adding their collective number of shares. These representatives shall have the same rights and responsibilities as elected members.