QAMCO Endorses Agenda Items and Approves Distribution of Cash Dividends

March 14, 2019

Qatar Aluminium Manufacturing Company (QAMCO) announced the results of its Ordinary and Extraordinary General Assembly meetings that were held on Wednesday, 13 March 2019, as follows:

Agenda of the Ordinary General Assembly:

1.      Attended the Chairman's keynote address.

2.      Approved the Board’s recommendation to distribute interim cash dividends in parallel with the disclosure of the financial results for the first quarter of 2019.

3.      Appointed the external auditors for the financial year ending 31 December 2019, and approved their fees.

Agenda of the Extraordinary General Assembly:

1.      Approved the amendment of the first financial year of the company to start from the establishment of the company, and end on 31/12/2019. (13 months)

2.      Approved the amendment of a number of Articles of the company’s Articles of Association pursuant to QFMA’s Board decision at its 4th 2018 meeting held on 16/12/2018 regarding the amendment of the nominal value of the shares of companies listed on the main market and the secondary market in Qatar to become one (1) Qatari Riyal.