Abu Dhabi National Co. for Building Materials

Resolution No. (410) of 2024 temporarily suspends trading of the shares of Abu Dhabi National Co. for Building Materials. This decision is made in accordance with article No. (16) of the Regulations Concerning the Listing of Securities on ADX. The suspension is due to the Board of Directors Meeting of the company taking place on 14-May-2024 at 14:00, which coincides with the trading session at ADX. As such, trading in the company's shares will be suspended from 09:00 on 14-May-2024 until the ADX receives the meeting results. All heads of departments in ADX are instructed to execute this resolution in their respective fields. The resolution will be circulated to SCA, the company in question, all departments at ADX, and all brokers accredited by ADX. The resolution was approved by the authorized person and issued on 09/05/2024.

The second board meeting of 2024 for the Abu Dhabi National Company for Building Materials - BILDCO (PJSC) will be held on Tuesday, 14/05/2024 at 14:00 PM. The agenda for the meeting includes the approval of the minutes of the first board meeting of 2024, the approval of the financial statements for the first quarter of 2024, and discussion of any other matters.

On 25th April 2024, the Abu Dhabi National Company for Building Materials - BILDCO (PJSC) conducted their annual general assembly meeting remotely. The meeting, presided by Mr. Salah Khamis Saleh Ali Al-Junaibi, started at 14:04 PM and ended at 14:57 PM. The total attendance accounted for 50.28% of the capital, with 00.02% attending personally and 50.26% participating through electronic voting. Of those voting electronically, 41.99% were authentic votes and 8.27% were proxy votes.

The Abu Dhabi National Company for Building Materials - BILDCO (PJSC) held its annual general assembly meeting remotely on 25 April 2024. The meeting started at 2:04 PM and ended at 2:57 PM. The president of the general assembly was Mr. Salah Khamis Saleh Ali Al-Junaibi. The quorum of the total attendance was 50.28% of the capital. The personal attendance rate was 0.02%, with the same amount being authentic and none by proxy. Electronic voting made up the rest of the attendance at 50.26%, with 41.99% being authentic and 8.27% by proxy.

Resolution No. 353 of 2024 pertains to the temporary suspension of trading on the shares of Abu Dhabi National Co. for Building Materials. The suspension will take place on 25-Apr-2024 from 09:00, as the company's AGM is scheduled for 14:00 on the same day, which coincides with the trading session at ADX. The suspension will last until ADX receives the AGM results. The resolution instructs all heads of departments in ADX to execute this resolution in their respective fields. It also mandates that the resolution be circulated to SCA, the concerned company, all departments at ADX, and all brokers accredited by ADX. The resolution was issued on 01/04/2024.

The Corporate Governance Manual's Article 40, Clauses 1 & 2, allows shareholders who have the right to attend the general assembly to delegate someone other than the company's board members or staff, or a securities brokerage company or its employees, to attend and vote on their behalf. The delegated person must have a written delegation stating their right to attend and vote, and should not represent more than 5% of the company's issued capital. The shareholder's signature on the power of attorney must be approved by a Notary Public, a commercial chamber of economic department in the state, a bank or company licensed in the state, or any other entity licensed to perform attestation works. The proxy form should include the name and contact number of the shareholder and the brokerage firm who approved the proxy.