CMA approves amendment to proxy form

The Capital Market Authority (CMA) approved the amendment to Annex 1 (proxy form) of the regulatory rules and procedures issued pursuant to the Companies Law related to listed joint stock companies by deleting the official seal requirement if the shareholder is a legal person.

The amendment aims to reduce the requirements for the shareholder when he/she authorizes, pursuant to a written proxy, another person to attend the general and special assembly meetings and to vote on the agenda on their behalf.