Apr, 24 2018

General Assembly Meeting Resolutions

In its meeting held on held on Sunday, 22 April 2018 at 4pm, at Bulgari Resort & Residences Dubai, Yacht Club, Ballroom A, Jumeirah Bay. P.O Box 72223 Jumeirah, Dubai, the annual general meeting (“General Meeting”) of Amanat Holdings PJSC (the “Company”) resolved the following:

Resolutions

1. Approval of the Board report in respect of the Company’s activities and financial position for the fiscal year ending 31 December 2017;

2. Approval of the auditor’s report for the fiscal year ending 31 December 2017;

3. Approve of the balance sheet and the profit and loss account for the fiscal year ending 31 December 2017;

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 2017;

5. Approval of the proposal in respect of the Board remuneration;

6. Discharging the Board of liability for the fiscal year ending 31 December 2017;

7. Discharging the auditors of liability for the fiscal year ending 31 December 2017

8. Appointing KPMG as the auditor for the fiscal year 2018 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% during the meeting
10. Approval of the distribution of the share issuance reserve as recorded in the Company’s consolidated financial statements for the year ended 31 December 2017 as cash dividends.