Investment Holding Held AGM, Approved Its Agenda and Postpone EGM to 16/04/2019

April 15, 2019

Investment Holding Group announced that it has held its Ordinary General Assembly meeting on the evening of April 14, 2019. The Extraordinary General Assembly meeting was postponed to Tuesday, April 16, 2019 due to the lack of quorum.

The AGM approved the following agenda:

1.      Approve the Board of Directors' report on the company's activity and its financial position during the financial year ended 31 December 2018 and the auditor's report.

2.      Approve the company's budget and profit and loss account.

3.      Approve the Governance Report.

4.      Approve the distribution of 2.5% of the company's capital as dividends to shareholders.

5.      Release the members of the Board of Directors from liability, and approve the no bonuses proposal.

6.      Appoint the auditor Rödl & Partner as the company auditor for the financial year ending on 31 December 2019 and determine their remuneration of QR 365,000.

7.      Postpone the Extraordinary General Assembly meeting to the alternative date on Tuesday, April 16, 2019 due to uncompleted quorum.