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معلومات مباشر
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2026-10-19T05:51:02.919Z

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Arab Mills Assembly Reviews Governance and Bonuses

Arab Mills Assembly Reviews Governance and Bonuses

The Arab Mills Company for Food Products invites its shareholders to vote on fundamental amendments, including the bylaws of the Audit Committee, the Nomination and Remuneration Committee, and the Membership policy for the Board of Directors. Additionally, there will be updates to the compensation policy for board members, committees, and executive management. The Ordinary General Assembly is expected to be held on November 15, 2026, via electronic means, where votes will be cast on improvements related to the appointment mechanisms for committee chairs, the organization of meeting agendas, and the update of eligibility criteria for government employee candidates. The proposal includes granting annual remunerations of up to 250,000 Saudi riyals to board members and 300,000 to the chairman, along with attendance allowances. Electronic voting options will be available from November 12 until the conclusion of the meeting to ensure the participation of shareholders registered in the share registry.

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