SAIB shareholders to vote on delegating board to pay 2022 interim dividends on April 19

Saudi Investment Bank headquarters

Saudi Investment Bank's (SAIB) shareholders will vote on delegating the board of directors to distribute interim dividends on a semi-annual or quarterly basis for 2022, during the ordinary general assembly meeting, to be held on April 19, according to a bourse filing.

They will also vote on appointing auditors and setting their fees. The auditors will review financial statements for Q1, Q2, Q3, and 2022.

Shareholders will vote on increasing the number of the audit committee members from four to five and appointing Khaled Salem Al Rowais as member and Chairman of the audit committee, effective from the date of the general assembly’s approval until Feb. 13, 2025.

The e-voting on agenda items will start from April 15 via Tadawulaty services.