Qatar Industries AGM Approves the Agenda and the Distribution 50% Cash Dividend

March 5, 2018

Industries Qatar announced the results of its Ordinary and Extraordinary General Assembly meetings held on Sunday 4 March 2018, and approved the entire agenda.

Agenda of the Ordinary Assembly:

1.      To hear the opening word of the Chairman of the Board of Directors for the financial year ended 31 December 2017.

2.      To hear the report of the Board of Directors on the company's activity and financial performance for the financial year ended 31 December 2017, and ratify its future plans.

3.      To hear and approve the auditor's report on the company's consolidated financial statements for the year ended 31 December 2017.

4.      To discuss and approve the company's consolidated financial statements for the year ended 31 December 2017.

5.      To present and approve the Corporate Governance report for 2017.

6.      To approve the Board of Directors' recommendation for the distribution of cash dividend of QR5 per share, representing 50% of the nominal share value.

7.      To relieve members of the Board of Directors from liability for the financial year ended 31 December 2017, and determine their remuneration.

8.      To appoint auditors for the financial year ending 31 December 2018, and determine their fees.

Agenda of the Extraordinary Assembly:

To approve the proposed amendments to the company's Articles of Association.