- Al Kuzama Trading Company completes electronic voting for Ordinary General Assembly meeting
- Virtual proceedings conducted to enhance shareholder engagement
- Shareholders eligible to cast votes remotely through Tadawulaty platform

Al Kuzama Trading Company recently concluded its electronic voting process for the Ordinary General Assembly meeting that occurred on 30 June 2026. The meeting, based at the company's physical headquarters in the Al Wadi district of Riyadh, was conducted virtually to encourage broader shareholder participation and ensure adherence to modern regulatory standards for listed entities in Saudi Arabia.

The electronic voting for the assembly agenda commenced on 26 June 2026, allowing shareholders registered with the Tadawulaty services platform to remotely cast their votes. Key items on the agenda included the review and approval of the company's financial statements, the appointment of an external auditor, and the election of members to the Board of Directors. The company implemented a cumulative voting mechanism for directorial elections to provide minority shareholders a more significant say in board representation.

To maintain transparency and accuracy, Al Kuzama clarified that if a shareholder physically attended the General Assembly and voted in person, any prior electronic votes submitted would be voided. This process ensured that each shareholder's final intent was correctly recorded during the live session.

This digital integration aligns with Saudi listed companies' commitment to transparency and technological advancement in line with regulatory frameworks set by the Saudi Tadawul Group and the Capital Market Authority. With a multi-day window for remote voting, Al Kuzama aims to enable its shareholders to efficiently exercise their statutory rights before the formal assembly takes place.