Al-Rai Media Group Company will hold its Annual General Meeting on Tuesday, 14 April 2022 at the company’s headquarters, to discuss the following agenda items:
Discuss and approve the Board of Directors report for the financial year ended 31 December 2021. – Discuss and approve the company’s external auditor’s report, issued by Talal Yousef Al-Muzaini - from Deloitte & Touche - Al-Wazzan & Partners for the financial year ended 31 December 2021. Discuss and approve the Company’s final consolidated financial statements for the financial year ended on 31 December 2021. - Review any violations monitored by the regulatory authorities for which penalties were imposed on the company (if any) for the financial year ended 31 December 2021. - Review and approve related parties’ transaction report that took place in 2021 and that will take place in 2022. Discuss the Board of Directors’ recommendation not to distribute dividends for the financial year ended 31 December 2021. Discuss the Board of Directors’ recommendation not to pay remunerations to members of the Board of Directors for the financial year ended 31 December 2021. Discuss absolving members of the Board of Directors discharge them from any liabilities in relation to their legal, financial, and administrative actions for the financial year ended 31 December 2021. Appoint or reappoint the company’s auditor, provided that it should be selected from the list of CMA’s approved auditors, taking into account mandatory change period of auditors and authorizing the Board of Directors to determine their fees for the company’s financial year ending 31 December 2022.