Riyadh – Mubasher: Horizon Educational Company has announced the successful conclusion of its Ordinary General Meeting (OGM), where shareholders approved a series of significant updates to the company’s internal governance frameworks and operational policies.
The meeting, which achieved a high turnout of over 78% of voting shares, marks a pivotal step in the company’s efforts to align its regulatory structures with modern corporate standards and Saudi capital market regulations.
The OGM convened for its first meeting at 7:00 PM on 1 July 2026. While the meeting was officially hosted at the company’s headquarters in the Al Worood district of Riyadh, it was conducted primarily through modern technological means.
Shareholders participated and cast their votes remotely via the Tadawulaty electronic services platform, a standard practice in the Saudi market designed to ensure broad shareholder accessibility and transparency.
The proceedings were attended by several high-ranking members of the Board of Directors, including Jawaher Ibrahim Abdullah Al Harkan, Chairperson of the Board, and Ahmed Abdullah Abdulrahman Al-Kanhal, the Vice Chairman. Other board members in attendance included Bader Ali Saleh Al Turki, Naif Abdulaziz Abdullah Al Obaid, Mohammed Hussein Juwaid Al Damer, and Khalid Hamad Hassan Al Saadoun.
Key committee leaders were also present to address shareholder inquiries and oversee the voting on specific regulatory items. This included Abdullah Abdulaziz Ghanem Al Ghanem, Chairman of the Audit Committee, and Bader Ali Saleh Al Turki, who also serves as the Chairman of the Nominations and Remunerations Committee.
The agenda for the assembly focused heavily on the formalization and updating of the company’s internal bylaws and governance protocols. Shareholders voted in favor of amending the work regulations for both the Audit Committee and the Nominations and Remunerations Committee.
Furthermore, the assembly approved revised policies and standards for the remuneration of board members, committee members, and executive management, ensuring that the company’s compensation structures remain competitive and transparent.
Beyond administrative bylaws, the assembly ratified several core corporate documents. These included the official Company Governance Manual and the policy governing the standards and criteria for competition with the company.
Shareholders also approved the updated policies, standards, and procedures for membership on the board of directors, alongside a comprehensive Conflict of Interest policy. These measures are designed to strengthen the company’s ethical framework and provide clear guidelines for leadership conduct.
