05-04-2022
Widam Food Company held the General Assembly meeting of the Ordinary General Assembly this evening, Monday 04/04/2022, in Al Shomoukh Towers, Building B, Mezzanine Floor, at 09:30 pm, where the quorum of the meeting reached (55.42%) of the company’s capital, and the shareholders discussed the assembly’s agenda and decided the following:
1. Approval of the Board of Directors’ report on the company’s activity and financial position during the financial year ending on December 31, 2021, and the future plan.
2. Approval of the auditor’s report for the fiscal year ending on December 31, 2021.
3. Approval of the company’s balance sheet and profit and loss account for the fiscal year ending on December 31, 2021, and ratification of the Board of Directors’ recommendation regarding the non-distribution of cash dividends.
4. Approval of the corporate governance report for the year 2021.
5. Approval of releasing the members of the board of directors from liability and the non-distribution of remuneration.
6. Approval of the appointment of KPMG as an external auditor for the fiscal year 2022.
7. Electing new members of the board of directors for a period of three calendar years (2022 – 2024).
Mr. Ali Ibrahim Abdulaziz Al-Abdulghani - Independent
Mr. Farhoud Hadi Rashid Al-Hajri - Independent
Mr. Tariq Fawzy Salem Ayoub - Independent
Mr. Nawaf Ibrahim Al Hamad Al Manea - Not Independent
Simsima Real Estate Investment Company, represented by Mr. Saad Nasser Rashid Sari' Al Kaabi
Itqan Trading Company, represented by Mr. Safwan Fayez Hussain Al Mubaidin
Al-Taybeen Company for Trade and Services, represented by Mr. Hisham Mustafa Al-Sahtri
It was also decided to appoint the two members who represent the government of the State of Qatar's share in the company's board of directors for the next session as follows:
Mr. / Mohamed Badr Al-Sayed Hashem Khalifa Al-Sada, representing the Ministry of Trade and Industry
Mr. Masoud Jarallah Masoud Al-Ghufani Al-Marri, representing the Ministry of Environment
Due to the lack of a quorum necessary for the convening of the General Assembly, the meeting was postponed to the alternative date on Wednesday 06/04/2022 at 09:30 pm at the same place.