Riyadh - Mubasher: Al Rajhi Bank has invited its shareholders to attend the 36th ordinary general meeting (OGM), scheduled for 12 November at 18:30.
The meeting will be conducted virtually via modern technology from the bank’s headquarters in Riyadh.
The primary agenda item is the election of board members for the upcoming three-year session, which is set to begin on 14 November 2026 and conclude on 13 November 2029.
Shareholders will also vote on delegating authorization powers to the newly elected board in accordance with the Companies Law.
According to Article 39 of the bank’s Bylaws, the meeting requires a quorum of shareholders representing at least 25% of the capital.
If this quorum is not met, a second meeting will be held one hour later, which will be considered valid regardless of the number of shares represented.
Electronic voting via the Tadawulaty platform is scheduled to commence at 01:00 on 9 November 2026.
Cumulative voting will be applied for the board election. The bank also urged shareholders with unclaimed dividends from previous periods to contact the shareholders' registry at 0112822525.
In the January-September 2026 period, the lender recorded 13.31% higher net profits after tax valued at SAR 20.87 billion, compared to SAR 18.41 billion a year earlier.
