Announcement - Invitation to Shareholders to Attend the Extraordinary General Assembly Meeting, First Meeting 2023
Date 2023/07/21

Announcement - Invitation to Shareholders to Attend the Extraordinary General Assembly Meeting, First Meeting 2023

Based on the decision of the Chairman of the Board of Directors of Morse Information Technology Holding Company regarding the invitation to all shareholders and members of the Board of Directors to attend the Extraordinary General Assembly Meeting (First Meeting)—scheduled to be held at the company's headquarters in Jeddah on Monday, 24/07/2023G at 1:00 PM, under the presence and supervision of Ministry representatives—to discuss the following assembly agenda items:

  1. First: Amending Article (2) of the company's Articles of Association (Company Name) from Morse Information Technology Holding Company to Morse Holding Company.
  2. Second: Amending Article (3) of the company's Articles of Association (Company Purposes) by adding new activities while retaining the previous activities stated in the former Articles of Association, and aligning the mentioned article to become Article (4) in the amended Articles of Association in accordance with the Companies Law of 1443 AH.
  3. Third: Amending Article (16) of the Articles of Association (Company Management) by increasing the number of Board of Directors members from 4 to 5 members, and modifying the term of the first Board of Directors appointed by shareholders from 5 years to 4 years, while aligning the mentioned article to become Article (15) in the amended Articles of Association in accordance with the Companies Law of 1443 AH.
  4. Fourth: Appointing Atheer Saleh Al-Qurashi as a member of the Board of Directors.
  5. Fifth: Reconstituting the members of the Board of Directors.
  6. Sixth: Aligning all articles of the company's Articles of Association with the new Articles of Association issued by Royal Decree No. (M/132) dated 01/12/1443 AH.