The Board of Directors of Al Mal Capital PSC (\u201cthe Company\u201d) are pleased to invite all shareholders to attend the Annual General Meeting of the Company to be held at Al Mal Capital PSC head office in office 901, 48 Burj Gate, Downtown Dubai Sheikh Zayed Road, as well as via electronic attendance, at 1:30 PM on Monday the 29th of April 2024, to review and discuss the following agenda items:<\/p>\n
1.\u00a0 Select meeting rapporteur and voting teller.
\n2.\u00a0 Discuss and approve the Board of Director\u2019s Report on the Company\u2019s activities and its consolidated financial position for the financial year ended 31 December 2023.
\n3.\u00a0 Discuss and approve the Independent Auditor\u2019s Report for the financial year ended 31 December 2023.
\n4.\u00a0 Discuss and approve the Company\u2019s consolidated statement of financial position and consolidated statement of income for the fiscal year ended 31 December 2023.
\n5.\u00a0 To discharge the Board of Directors liability for the financial year ended 31 December 2023.
\n6.\u00a0 To discharge the Auditors liability for the financial year ended 31 December 2023.
\n7.\u00a0 The appointment of independent auditors for the financial year 2024 and determine their remuneration.
\n8.\u00a0 To consider the approval of the remuneration of the Board of Directors in the form of a lump sum amounting to AED 200,000 per Director as stipulated under article 35-2 of the Company\u2019s Articles of Association.
\n9.\u00a0 Grant approval to the Board of Directors as per article 152 of Federal Decree Law No. 32 of 2021 \u2013 Prohibited Dispositions by the Related Parties.
\n10.\u00a0 It was announced that the nomination for the election of the Board of Directors of the Company was opened on the 4th of April 2024.
\n11.\u00a0 Based on the opening of the nomination, members of the Board of Directors will be elected for a term of three years starting from the 29th of April 2024.
\n12.\u00a0 To consider the approval of carrying out amendments to Article 27 and Article 28 of the Company\u2019s Articles of Association relating to the Resolutions by Circulation.<\/p>\n
In the event that a quorum is not present, the second round for the Annual General Assembly meeting will be held on Monday the 6th of May 2024 at the same place and time.<\/p>\n
A shareholder who cannot attend the meeting may appoint in writing, as his proxy, any person (other than a member of the Board of Directors) to attend the meeting and to vote on their behalf. This person should not enjoy, as a result of this proxy, more than 5% of the share capital.<\/p>\n