The General Assembly of the “Saudi Summit” approves the election of 4 members to the Board of Directors

Saudi Summit Trading Company announced the results of the Ordinary General Assembly meeting (first meeting), which was held yesterday.
The company said in a statement: The results of the vote on the assembly’s agenda included:
Approval of the election from among the candidates for the next session.
The duration of the course is 4 years, starting on December 23, and ending on December 22, 2028.
The elected members are: Abdullah Al-Ajmi, M. Omar Al-Kharashi, Dr. Faisal Al-Fadil and Thamer Al-Wadaei.
The results included: Approval of delegating the elected Board of Directors to the Ordinary General Assembly with the authorization contained in Paragraph (1) of Article 27 of the Companies Law.
The authorization shall be for a period of one year from the date of approval by the General Assembly or until the end of the term of the delegated Board of Directors, whichever comes first.
This comes in accordance with the conditions contained in the executive regulations of the companies’ system for listed joint stock companies.