Events

Expected dates of key events that concern shareholders and investors:
Savola Group shares with its shareholders key anticipated events and dates during 2016:
# Dates, 2016 Key Events for 2016 Notes
First Quarter Events, 2016
1 January 20 Audit & Risk Management Committee meeting to recommend approval of the financial results for the fourth quarter of 2015 and dividends to the Board. To recommend to the Board to approve the financial results and dividends for the fourth quarter of 2015.
2 January 20 Board of Directors’ meeting To approve the financial results and dividends for the fourth quarter of 2015 based on the Audit & Risk Management Committee recommendation.
3 January 20 - February 5 Issue Arabic and English versions of Savola newsletter
for the fourth quarter of 2015.
The newsletter incudes full coverage of the Group’s and sectors’ performance inside and outside KSA for the quarter. The newsletter is published and placed on the Savola website. It is also communicated by e-mail to all employees and a large number of investors.
4 February 21 Board of Directors’ meeting. To approve the audited financial results for the year 2015 based on the Audit & Risk Management Committee recommendation, and call shareholders for the AGM.
Second Quarter Events, 2016
5 April 19 The date of the AGM. First to be announced on Tadawul, uploaded on the Group’s website, and published in daily newspapers.
6 April 19 Board of Directors' meeting. To approve the financial results and dividends for the first quarter of 2016 based on the Audit & Risk Management Committee recommendation.
7 April 19-21 Publishing financial results for the first quarter. First to be announced on Tadawul, uploaded on the Group’s website, and published in daily newspapers.
8 April 19-21 Announce the Board’s decision for first quarter dividends to shareholders. Dividend payment made within 15 days from the maturity date mentioned in Tadawul announcement.
9 April 21 - May 6 Issue Savola newsletter (Arabic/English version) for the first quarter. See item (3) in the notes column.
Third Quarter Events, 2016
10 June 23 Board of Directors’ meeting. Review performance to date.
11 July 27 Audit & Risk Management Committee meeting. To approve the financial results and dividends for the second quarter of 2016.
12 As publishing of Q2 financial results and the Board decision for Q2 dividends announcement will coincide with Eid Al Fitr holiday for the year 1437, the results will be announced during the statutory period that will be set by official authority (ie, after fixing the start and end date of the official holiday). To approve the financial results for the second quarter 2016 and the dividends based on the Audit & Risk Management Committee recommendation.
13 10 days after Q2 financial results publication Issue Savola newsletter (Arabic/English version) for the second quarter. Review performance to date.
14 September 1 Board of Directors’ meeting. Review performance to date.
Fourth Quarter Events, 2016
15 October 19 Board of Directors’ meeting. To approve the financial results and dividends for the third quarter 2016 based on the Audit & Risk Management Committee recommendation.
16 October 19-21 Publishing financial results for the third quarter. See item (7) in the notes column.
17 October 19-21 Announce the Board’s decision for the third quarter dividends to shareholders. See item (8) in the notes column.
18 October 22 - November 10 Issue Savola Newsletter for the third quarter (Arabic/English version). See item (3) in the notes column.
19 December 15 Board of Directors' meeting to approve the Business Plan and Budget for 2017. Approve the Business Plan and Budget for 2017.
* Note: The dates above are approximate and may change according to notifications received from official authorities. Although the Group is keen to carry out these events on the planned dates, no obligation arises from failure to do so.