The ordinary general assembly of United Networks Company, scheduled for Thursday, March 20, 2025, will discuss the reports of the Board of Directors and the company’s auditor, as well as reports on violations and penalties issued by regulatory authorities, transactions that have taken place or will occur with related parties, and the approval of dealings with such parties.

The assembly will also review and approve the financial statements for the fiscal year ending December 31, 2023, and address the offsetting of accumulated losses with the issuance premium reflected in the financial statements for the fiscal year ending December 31, 2023. Additionally, it will approve the decision not to distribute bonuses to Board members for the year 2023 and will grant them a discharge regarding their legal, financial, and administrative actions for the fiscal year ending December 31, 2023. 

The resignation of the Board member (Bank of Burgan) will be accepted, and a complementary Board member will be elected in place of the independent member.
The assembly will appoint or reappoint the company’s auditor for fiscal year 2024 and delegate authority to the Board of Directors to determine their fees.