Ezdan Holds Its AGM on April 16, 2017 and Announces the Agenda

March 28, 2017

The Board of Directors of Ezdan Holding Group will be holding the Shareholders Ordinary General Meeting (AGM) on Sunday, 16 April 2017, in Ezdan Towers, Dafna at 6:00 p.m. In case the quorum of the above meeting is not met, the second meeting shall be held in the same place and time on Sunday 30 April 2017 to discuss the following Agenda:

Agenda of the Ordinary General Meeting for the Financial year ended 31/12/2016: 

1-      To hear the word of His Excellency the Chairman of the Board of Directors and the report of the Board of Directors on the group activities and financial position for the year ended 31/12/2016 and to display the future plan of the Group for the year 2017.

2-      To approve the auditors' report on the Group’s financial statements presented for the year ended 12/31/2016.

3-      To discuss and approve the financial for the Financial Year ended and the profit and loss account for the financial year ended 31/12/2016.

4-      To approve the recommendation of the Board of Directors on the distribution of cash dividends (5%), equivalent to (50 dirhams per share).

5-      To consider the report Corporate Governance for the Group for 2016.

6-      To absolve the Directors of the from any liability for the financial year ended 31/12/2016.

7-      To appoint the external auditors for the Financial year 2017 and determine their remuneration.