Mar, 24 2019

Annual General Meeting - 2018

The Board of Directors (“Board”) of Amanat Holdings PJSC (“Company”) is pleased to invite you to attend the annual general meeting (“General Meeting”) of the Company that will be held on Sunday, 24 March 2019 at 4pm, at the Address Boulevard Hotel, Boulevard Ballroom 2, Sheikh Mohammed Bin Rashed Boulevard, Downtown Dubai, 214477 - Dubai, UAE, to consider the following agenda:

Agenda
1. Consider and approve the Board report in respect of the Company’s activities and financial position for the fiscal year ending 31 December 2018.
2. Consider and approve the auditor’s report for the fiscal year ending 31 December 2018.
3. Consider and approve the balance sheet and the profit and loss account for the fiscal year ending 31 December 2018;
4. Consider and approve the proposal of the Board to distribute cash dividends of 1.5% of the nominal value of each share (1.5 fils per one share) for the fiscal year ending 31 December 2018.
5. Consider and approve the proposal in respect of the Board remuneration;
6. Discharging the Board of liability for the fiscal year ending 31 December 2018.
7. Discharging the auditors of liability for the fiscal year ending 31 December 2018.
8. Appointing the auditor for the fiscal year 2019 and determining its remuneration.
9. Pursuant to article 152(3) of federal law no.2 of 2015 in respect of commercial companies, to authorize the members of the Board to undertake competing business to that of the Company and to trade on their own behalf or for others in one or all of the Company’s activities, provided that the board applies best in class governance standards in such instances.

Resolutions
1. Approval of the Board report in respect of the Company’s activities and financial position for the fiscal year ending 31 December 2018;
2. Approval of the auditor’s report for the fiscal year ending 31 December 2018;
3. Approval of the balance sheet and the profit and loss account for the fiscal year ending 31 December 2018;
4. Approval of the proposal of the Board to distribute cash dividends of 1.5% of the nominal value of each share (1.5 fils per one share) for the fiscal year ending 31 December 2018;
5. Approval of the proposal in respect of the Board remuneration;
6. Discharging the Board of liability for the fiscal year ending 31 December 2018;
7. Discharging the auditors of liability for the fiscal year ending 31 December 2018;
8. Appointing Ernst & Young as the auditor for the fiscal year 2019 and determining its remuneration;
9. Pursuant to article 152(3) of federal law no.2 of 2015 in respect of commercial companies, to authorize the members of the Board to undertake competing business to that of the Company and to trade on their own behalf or for others in one or all of the Company’s activities, provided that the board applies best in class governance standards in such instances;

Other resolutions added by the request of shareholders owning more than 10% at the meeting:

10. Approving the discharge Mr. Faisal Jumaa Belhoul of his duties as a board member of the company;
11. By a special resolution it was unanimously agreed to authorize the company to buy-back up to 10% of its shares with the intent to sell subject to the approval of the relevant governing authorities.