National Slaughterhouse Company K.S.CC. announced that it will hold its Annual General Meeting (AGM) on Tuesday, 27 September 2022 at its headquarters. The company advised that shareholders may vote online only through Kuwait Clearing Company’s e-AGM system, in order to consider its agenda items, as follows:

- Discuss and approve the Board of Directors’ report for the financial year ended 31 December 2021. Discuss and approve the auditor’s report for the financial year ended 31 December 2021. Discuss and approve the company’s financial statement for the financial year ended 31 December 2021.

– Review any violations monitored by the regulatory authorities or any (financial or non-financial) penalties imposed on the company for the financial year ended 31 December 2021. Discuss the transactions that have taken place or will take place with related parties. Discuss the deduction of 10% of the distributable profit for the year towards the statutory reserve, amounting to KWD 5,276. Discuss the deduction of 10% of the distributable profits towards the voluntary reserve, amounting to KWD 5,276. Approve the Board of Directors’ recommendation not to distribute dividends to shareholders for the financial year ended 31 December 2021.

- Approve the Board of Directors’ recommendation not to distribute remunerations to board members for the financial year ended 31 December 2021.

- Authorize the Board of Directors to trade up to 10% of the Company’s shares, in accordance with Law No. (7) of 2010, its executive regulations and their amendments. Discuss absolving board members from any financial and legal actions for the financial year ended 31 December 2021.

- Appoint or re-appoint the auditors, using the approved list of auditors registered with the Capital Markets Authority, taking into account the mandatory change period for the financial year ending 31 December 2022 and authorizing the Board of Directors to determine their fees. Elect a new board of directors for the next three years.