Companies Law
Art. 84Status unknownSaudi ArabiaRegulation
Issued by Ministry of Investment (misa.gov.sa)
1. Shareholder general assembly meetings shall be chaired by the chairman of
the board of directors, the vice-chairman in case of the chairman’s absence,
or any member designated by the board of directors in the absence of both
the chairman and vice-chairman. If none of the above is possible, the
shareholders shall vote to designate a board member or any other person to
chair the general assembly meeting.
2. A shareholder shall have the right to attend general assembly meetings even
if the company’s articles of association stipulate otherwise. A shareholder
may delegate a person other than a board member to attend such meetings
on his behalf.
3. Means of technology may be used to hold general assembly meetings and
enable shareholders to engage in deliberations and vote on decisions.
The Arabic text is the legally binding version. The English translation is provided for guidance only.
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