Wataniya shareholders to vote on amending corporate governance on May 25

Wataniya Insurance Co.’s shareholders are set to vote on amending corporate governance and by laws during the extraordinary general meeting slated for May 25, the company said in a statement to Tadawul.

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Shareholders will also vote on amending the company’s articles of association in accordance with the new Companies law and reclassifying and numbering the articles of the company's articles of association to be consistent with the proposed amendments.

Meanwhile, they will vote on the board appointment of Sami Mousa Alhalabi as independent director starting Dec. 2, 2024 until the end of the board term on April 25, 2025 as a successor for Tahir Mohammed Aldabbagh (non-executive board member).