Kuwait Slaughterhouses Company will hold its Annual General Meeting (AGM) and Extraordinary General Meeting (EGM) on Sunday, 20 March 2022, in order to hear and approve the reports issued by the Board of Directors and the auditors for the financial year ended 31 December 2021, the violations report and any penalties issued by the regulators (if any), and the report on transactions with related parties that took place in 2021 or planned for 2022.

The AGM will also discuss the financial statements for the fiscal year ended 31 December 2021, and the Board of Directors’ recommendation not to distribute bonuses to members of board members Directors, and Board of Directors’ recommendation not to distribute dividends to shareholders for the financial year ended 31 December 202. The AGM will seek approval not to take any deductions towards the statutory and voluntary reserves, as well as absolving board members and releasing them from all legal, financial, and administrative matters for the financial year ended 31 December 2021, appointing or reappointing the company’s auditor for the financial year ending 31 December 2022 and authorizing the board of directors to determine their fees.

The EGM will discuss the Company’s future plans going forward.