Jarir Marketing Co. has announced that the company held its Ordinary general assembly meeting in the Alkhima Hall , Sheraton hotel Riyadh in Riyadh on 09-03-2016 corresponding to 29-05-1437 at 19:30. All resolutions of the meeting are as follows:
1. Approve the report of the Board of Directors for the financial year ending 31/12/2015. 
2. Approve the Statutory Auditors Report for the financial year ending 31/12/2015. 
3. Approve the consolidated financial statements of the company for the financial year ending 31/12/2015. 
4. Approve the distribution of total cash dividends to shareholders for the Q1,Q2,Q3 and Q4 of the year 2015 at the rate of SR 7.71 per share equivalent to 77.1 % of total companys paid in capital. 
5. Approve the distribution of SR 1600000 as the Board of Directors remuneration for the financial year ending 31/12/2015. 
6. Absolve the board members of any liability pertaining to the management and administration of the company for the financial year ending 31/12/2015. 
7. Approve the appointment and audit fees of the External Statutory Auditors nominated by the Audit Committee for the audit of the quarterly and annual financial statements for the financial year ending 31/12/2016. 
8. Approve the related parties contracts and transactions executed between Jarir Marketing Co and the other companies that owned by some of the Board members,as well as authorizing the upcoming transactions for the financial year ending 31/12/2016.
9.Election of the Board for the management of the company for the next three years by the cumulative voting system to assume his duties starting from 29/05/1437 corresponding to 09/03/2016 as follow Mohammed Abdurrahman Alaqil, Nasser Abdurrahman Alaqil, Abdullah Abdurrahman Alaqil Abdul Kareem Abdurrahman Alaqil, Nasser Abdel Aziz Alaqil,Sameer Mohammed Alkhawashki Representative of the Olayan Financing Company, Nader Ibrahim Alwehabi Representative of the General Organization for Social Insurance, Fahd Abdullah Alkasem.
10. Authorizing the Board of Directors to distribute cash dividends to the shareholders, and setting the record and payment dates according to the rules and regulations of the Ministry of Trade and Commerce.
The management of Jarir Marketing Co. is informing all shareholders that the minutes of AGM Meeting will be available at Jarir HQ for reviewing upon their request.