Vodafone Qatar P.Q.S.C. On the results of the Ordinary and Extraordinary General Assembly meeting held on 20/02/2023, where the following was approved:
Ordinary General Assembly:
1. Approval of the Board of Directors' report on the company's activities and its financial position for the fiscal year ending on December 31, 2022;
2. Approval of the company's auditor's report on the company's budget and accounts for the fiscal year ending on December 31, 2022;
3. To approve the company's general budget and profit and loss account for the fiscal year ending on December 31, 2022;
4. Approving the proposal of the Board of Directors regarding the distribution of cash dividends to the shareholders, at the rate of 10% of the nominal value of the share (i.e. an average of 0.10 riyals per share) for the fiscal year ending on December 31, 2022;
5. Discharging the members of the Board of Directors of the company from liability for the fiscal year ending on December 31, 2022, and determining their remuneration;
6. Approving the reports of the company's auditor on the requirements of Article (24) of the corporate governance system and legal entities listed in the main market issued by the Qatar Financial Markets Authority Board of Directors Decision No. (5) of 2016;
7. Approving the Corporate Governance Report for the fiscal year ending on December 31, 2022;
8. Re-appointment of Messrs. KPMG as the Company's auditor for the period January 1, 2023 to December 31, 2023 and determining their fees.
Extraordinary Ordinary General Assembly:
1. Approval (subject to obtaining all relevant regulatory approvals) of the proposed amendments to Article (3) of the Articles of Association of the company to allow the company to invest in stocks, bonds and securities and activities similar to its activities inside and outside the State of Qatar, in addition to owning intellectual property rights from patents Invention, trademarks, industrial models, franchise rights and other intangible rights, and exploiting and leasing them to its subsidiaries or others, whether inside or outside the State of Qatar;
2. Approving the authorization of the Chairman of the Board of Directors and/or the Vice-Chairman to sign the amended Articles of Association and completing the necessary procedures in this regard, considering obtaining all the necessary regulatory approvals, provided that the Chairman of the Board of Directors and/or the Vice-Chairman has the right to delegate this to any member of the Board. The board of directors and/or the chief executive officer of the company and allow the authorized persons to delegate whoever they deem appropriate from among the company’s employees to carry out this task.