Companies Law

1. The call for an assembly meeting shall be made at least 21 days prior to the date set for the meeting in accordance with the rules specified in the Regulations, provided that: a) shareholders are notified of the meeting by registered mail sent to the addresses registered in the shareholders’ register, or by an announcement using means of technology; and b) a copy of the invitation and the meeting agenda are sent to the Commercial Register, and to the CMA if the company is listed in the capital market at the time of the announcement. 2. The invitation for the assembly meeting shall include at least the following: a) A statement defining those with the right to attend the meeting and their right to designate persons other than board members to act as their proxy; a statement of a shareholder’s right to discuss items on the meeting agenda and direct questions as well as the manner of exercising the right to vote. b) Meeting venue, date, and time. c) Type of assembly, whether general or special. d) Meeting agenda, including the items on which shareholders are required to vote. 3. Shareholders of an unlisted joint-stock company representing all of the company’s voting shares may hold a general assembly meeting without adhering to the conditions and periods prescribed for calling for meetings to review matters the decisions on which fall within the powers of the general assembly.