Depa PLC (“Depa” or the “Company”), the leading global interior solutions group, held its Annual General Meeting (the “AGM”) electronically via web application at 2:00 pm (UAE time) / 1:00 pm (KSA time) on Thursday, 26 June 2025.
All the resolutions were duly passed as ordinary resolutions by the shareholders at the AGM by way of a poll. The total votes cast on the poll for each resolution is set out below:
|
No. |
Resolutions |
Number of votes for |
Percentage of votes for |
Number of votes against |
Percentage of votes against
|
Total |
|
1 |
THAT the Company’s financial statements as at and for the financial year ended 31 December 2024, together with the notes thereto and the auditor’s report thereon, be and are hereby approved and adopted.
|
1,148,334,356 |
100% |
0 |
0 % |
1,148,334,356 |
|
2 |
THAT PricewaterhouseCoopers (PwC) be and is hereby reappointed as independent external auditor of the Company, to hold office from the conclusion of this meeting until the conclusion of the next general assembly meeting of the Company at which audited financial statements are laid.
|
1,148,334,356 |
100% |
0 |
0 % |
1,148,334,356 |
|
3 |
THAT subject to PwC being reappointed, the Board of Directors of the Company be and is hereby generally and unconditionally authorized to determine the remuneration of the external auditor.
|
1,148,334,356 |
100% |
0 |
0 % |
1,148,334,356 |
|
4 |
THAT Mr. Muteb Al Shathri be and is hereby reappointed as a non-executive director of the Board of Directors of the Company in accordance with the Company’s Articles of Association, effective immediately upon the conclusion of the AGM.
|
1,148,334,356 |
100% |
0 |
0 % |
1,148,334,356 |
|
5 |
THAT Mr. Fadi AlSaid be and is hereby reappointed as a non-executive director of the Board of Directors of the Company in accordance with the Articles of Association, effective immediately upon the conclusion of the AGM.
|
1,148,334,356 |
100% |
0 |
0 % |
1,148,334,356 |
|
6 |
THAT Mr. Faisal Al Areefi be and is hereby reappointed as a non-executive director of the Board of Directors of the Company in accordance with the Articles of Association, effective immediately upon the conclusion of the AGM.
|
1,148,334,356 |
100% |
0 |
0 % |
1,148,334,356 |
|
7 |
THAT Mr. Ahmad Al Ghamdi be and is hereby reappointed as a non-executive director of the Board of Directors of the Company in accordance with the Articles of Association, effective immediately upon the conclusion of the AGM.
|
1,148,334,356 |
100% |
0 |
0 % |
1,148,334,356 |
|
8 |
THAT Mr. Sadhak Bindal be and is hereby reappointed as a non-executive director of the Board of Directors of the Company in accordance with the Articles of Association, effective immediately upon the conclusion of the AGM.
|
1,148,334,356 |
100% |
0 |
0 % |
1,148,334,356 |
|
9 |
THAT Mr. Mussab AlKhudairi be and is hereby appointed as a non-executive director of the Board of Directors of the Company in accordance with the Articles of Association, effective immediately upon the conclusion of the AGM.
|
1,148,334,356 |
100% |
0 |
0 % |
1,148,334,356 |
|
10 |
THAT Mr. Marwan Shehadeh be and is hereby reappointed as a non-executive director of the Board of Directors of the Company in accordance with the Articles of Association, effective immediately upon the conclusion of the AGM.
|
1,148,334,356 |
100% |
0 |
0 % |
1,148,334,356 |
|
11 |
THAT Mr. Abdulrahman Ibrahim Almodaimeegh be and is hereby appointed as a non-executive director of the Board of Directors of the Company in accordance with the Articles of Association, effective immediately upon the conclusion of the AGM.
|
1,148,334,356 |
100% |
0 |
0 % |
1,148,334,356 |
|
12 |
THAT Mr. Charbel Khoury be and is hereby reappointed as a non-executive director of the Board of Directors of the Company in accordance with the Articles of Association, effective immediately upon the conclusion of the AGM.
|
1,148,334,356 |
100% |
0 |
0 % |
1,148,334,356 |
|
13 |
THAT Mr. Fouad Alrashed be and is hereby reappointed as an independent non-executive director of the Board of Directors of the Company in accordance with the Articles of Association, effective immediately upon the conclusion of the AGM.
|
1,148,334,356 |
100% |
0 |
0 % |
1,148,334,356 |
|
14 |
THAT Mr. Fergus Hedley Rossiter be and is hereby appointed as an independent non-executive director of the Board of Directors of the Company in accordance with the Articles of Association, effective immediately upon the conclusion of the AGM.
|
1,148,334,356 |
100% |
0 |
0 % |
1,148,334,356 |
Depa PLC
Tel: + 971 4 821 6666
David Holiday, Group Chief Legal Officer & Company Secretary
For more information, please refer to the corporate website: www.depa.com
Notes to editors:
Depa is a strategic management company specializing in premium global interior solutions. Depa’s four key business units hold leading positions in their respective markets: Depa Interiors, Deco, Carrara and Vedder. Employing thousands of people worldwide, the Group’s operations are centered on two regional hubs: Europe and the Middle East.
Depa’s mission, shared by each of its key business units, is to deliver sustainability, profitability, and performance for its clients, shareholders, and employees. The Group’s five core values are integral to everything Depa does: transparency, integrity, accountability, professionalism, and exceptional service.
Depa PLC is listed on Nasdaq Dubai (Ordinary Shares – DEPA:DU and Ordinary A Shares – DEPACLA:DU) and is headquartered in Riyadh, Kingdom of Saudi Arabia.
Cautionary statement:
This document may contain certain 'forward-looking statements' with respect to Depa's financial condition, results of operations and business, and certain Depa's plans and objectives with respect to these items. By their very nature, forward-looking statements are inherently unpredictable, speculative, and involve risk and uncertainty because they relate to events, and depend on circumstances, which may occur in the future. There are several factors that could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements. All written or verbal forward-looking statements, whether made in this document or made subsequently, which are attributable to Depa or any other member of the Group or persons acting on their behalf are expressly qualified on this basis. Depa does not intend to update any such forward-looking statements.
- Ends-
