The Board of Directors recognizes the importance of regular and open dialogue with shareholders and other stakeholders, not only prior to the General Assembly Meeting but throughout the year. In this regard, the Company’s Investor Relations (IR) Department serves as a center for constant communication with shareholders, investors, and analysts. The Board of Directors receives regular updates regarding shareholders’ opinions, suggestions and observations about the Company and its performance through the IR Department and the Board Secretary.

The CEO informs the Members of the Board of Directors of the material opinions and suggestions of the shareholders and discusses these opinions and proposals with them during meetings of the Board of Directors.

The Company aims to balance the ongoing participation of investors throughout the year by providing continuous opportunities to interact with them through a variety of meetings, including quarterly and annual business meetings and conference calls, attendance at investor conferences, and issuing management statements on the activities of the Company and its results. The Executive Management also held several conference calls with analysts and shareholders upon their request to understand the Company’s business model and strategy, in addition to raising inquiries related to the Company’s performance and Management plans to manage current changes in the environment and economic regulations.

IR Activities 2023

In 2023, The Investor Relations Function emphasized the importance of direct engagement with the financial community through conferences, fostering transparency and trust. These activities not only reinforced investor confidence but also provided crucial insights that shaped corporate strategies to align with market expectations. The Group managed to attend a total of 14 conferences during 2023, the table below summarizes the conferences where the Management participated in over the course of the reported year:

Conference	Date
CI CAPITAL'S 7TH Annual MENA Investor conference	January 2023
Citi's Saudi Day in association with Saudi Exchange	January 2023
SFC Equities Investment Forum	February 2023
Saudi Capital Market Forum	February 2023
HSBC MENAT Investor Forum	February 2023
EFG Hermes - The 17th Annual One on One Conference	March 2023
Goldman Sachs Sixth Annual Saudi Arabia Conference	March 2023
Morgan Stanley 14th Saudi Arabia Conference and 3rd MENA Conference	May 2023
HSBC GCC London Conference	June 2023
J.P. Morgan Asia & Em Internet Forum	June 2023
Citi's 2023 GEMS Conference	September 2023
EFG Hermes Saudi Forum	September 2023
BofA Global Research MENA Conference 2023	November 2023
Morgan Stanley European Technology, Media & Telecom Conference	November 2023

 

In addition, The Group held multiple Earnings Calls and General Assemblies throughout the year, described as following:

Event	Date
Full Year Financial Results 2022 Earnings Call	22-03-2023
Ordinary General Assembly Meeting	19-06-2023
First Half Financial Results 2023 Earnings Call	04-09-2023
Extraordinary General Assembly Meeting	29-11-2023

 

Shareholders records requests

Number of shareholders records requests	Request date	Request reasons
1	06 February 2023	Others
2	27 February 2023	Others
3	09 March 2023	Others
4	03 April 2023	Others
5	02 May 2023	Others
6	16 May 2023	Others
7	17 May 2023	Others
8	18 May 2023	Others
9	31 May 2023	Others
10	19 June 2023	AGM
11	03 July 2023	Others
12	02 August 2023	Others
13	07 September 2023	Others
14	02 October 2023	Others
15	07 November 2023	Others
16	29 November 2023	AGM
17	18 December 2023	Others