Commercial Companies Law

Article 188 — Article (188) Voting on General Assembly's Resolutions

Part Four: Public Joint Stock Companies · Chapter Three: General Assemblies of Public Joint Stock Company

1. Subject to the provision of Article [146] of this Decree Law, voting on the General Assembly's resolutions shall be conducted via the method as determined by the AOA of the company. However, voting shall be secret if related to the election, dismissal or accountability of the directors. It shall be permissible for voting on meetings of the General Assembly to be conducted using the online voting mechanism, provided that the controls and terms issued by the SCA in this regard are adhered to. 2. Subject to the provision of Article [180] of this Decree Law, it shall not be permitted for directors to participate in voting on resolutions of the General Assembly related to being discharged from the liability for their management, or in connection with a special benefit for them, or resolutions that are related to a conflict of interests or an existing dispute between them and the company.

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