Shareholder's Rights

KIC's Board of Directors and Executive Management seek to assist the shareholders in exercising their fundamental rights with a fair amount of equity that guarantees equal treatment for all, not to mention protecting their rights and capital shares against any misuse by the directors, board members or senior shareholders. KIC's management seeks to enhance competitiveness and maximize growth, where the Company’s Articles of Association and by-laws include the procedures and controls necessary to ensure all shareholders' ability to exercise their rights, thus achieving justice and equality, as follows:

• Ensure that the value of shareholding is registered in the Company's records.
• Possibility to dispose of the shares by transfer and/or assignment.
• Ensure that each shareholder receives dividends as appropriate.
• Ensure obtaining each shareholder's share of the Company's assets in case of liquidation.
• Facilitate the process of obtaining data and information about KIC's activities and operational and investment strategy, regularly and easily.
• Participate in the meetings of the General Assembly of shareholders and vote on the deliberated resolutions.
• Election of the members of the Board of Directors.
• Monitor the Company's general performance and the work of the Board of Directors in particular.
• Accountability of the Board members or executives and filing liability claimsin case of their failure in performing the tasks assigned to them.
• Approving any sale, purchase, or disposal of the company's assets in any way if such transaction is worth 50% or more of the total value of the company's assets.
• The company treats all shareholders equally and without any discrimination, and the company does not in any case withhold any of the rights from any category of shareholders, or set standards that would distinguish between the categories of shareholders to establish these rights, in a manner that does not harm the interests of the company or conflict with the law and the regulations of the Capital Markets Authority and the instructions and regulatory controls issued by it.