Announcement
Based on the suggestion of all board members and the approval of the annual general meeting, the board members will not receive any compensation for meeting attendance fees.
In the annual general meeting held on July 19, 2023, the board members proposed for the second consecutive year that, considering the structure of the public joint-stock cooperative company and its mission, they would not receive any meeting attendance fees or salaries. Initially, this proposal faced opposition from the shareholders, as they believed the board members should enjoy their basic rights in exchange for their time and expertise devoted to the organization. However, after persistent insistence by the board members to support the company’s goals, the proposal was eventually approved.
It is worth mentioning that the International Company of Original Saffron of the Ancient Land, as the largest agricultural public joint-stock cooperative in the country, was established with the aim of addressing many of the farmers’ issues and entrusting agricultural affairs to the farmers themselves, with their direct participation.