Gulf International Announces the Agenda for Its Ordinary and Extraordinary General Assembly Meeting On 26/02/2017

February 08, 2016

Gulf International Services announced the agenda for its Ordinary and Extraordinary General Assembly Meeting, to be held at 6:30 pm on Sunday, February 26, 2017 in Al-Wajba Ballroom, La Cigale Hotel. If the quorum is not met, the meetings will be held at 5:30 pm on Sunday, March 12, 2017 at the same location.

The agenda for the Ordinary General Assembly Meeting is:

1. Listen to the Chairman’s Message for the financial year ended December 31, 2016.

2. Listen and approve the Board of Directors’ Report on GIS’s operations and financial performance for the financial year ended December 31, 2016, and the future plans of the Company.

3. Listen and approve the Auditors’ Report on GIS’s consolidated financial statements for the financial year ended December 31, 2016.

4. Approval of GIS’s financial statements for the financial year ended December 31, 2016.

5. Approve the 2016 Corporate Governance Report

6. Approve the Board’s recommendation for a dividend payment of QR 1 per share, representing 10% of the nominal share value.

7. Absolve the Board of Directors from responsibility for the year 2016 and approve their remuneration.

8. Appointment of the external auditors for the financial year ending December 31, 2017 and approve their fees.

The agenda for the Extraordinary General Assembly Meeting is:

1. Approval of the proposed amendments to the Company’s article of association.