Al-rayan Bank: Will Hold Its AGM and EGM on 23/03/2025 for 2025

Al-Rayan Bank announces that the General Assembly Meeting AGM and EGM will be held on 23/03/2025, electronically through Zoom platform and 09:30 PM. In case of not completing the legal quorum, the second meeting will be held on 26/03/2025, in the Ritz Carlton Hotel Doha- Al Mukhtasar Ballroom and 09:30 PM Agenda of the Extraordinary General Assembly Meeting 1. To review and endorse the Board of Directors report on AlRayan Bank activities, its financial position for the fiscal year ended 31 December 2024 and its future plan for the year 2025; 2. To hear the Shari’ah Supervisory Board report on AlRayan Bank compliance with Shari’ah rules for fiscal year ended 31 December 2024; 3. To review and endorse the External Auditors report on AlRayan Bank Financial Statements as presented by the Board of Directors for the fiscal year ended 31 December 2024; 4. To discuss and approve AlRayan Bank Financial Statements for the fiscal year ended 31 December 2024; 5. To discuss and approve the proposals of the Board of Directors regarding appropriation and cash dividend of QAR 0.10 per share, representing 10% of the nominal value of the share for the fiscal year 2024 and acknowledgement of profits appropriation policy; 6. To hear and discuss the External Auditor›s report on the requirements of Article (24) of the Corporate Governance Code of Companies and Legal Entities listed on Primary Market issued pursuant to Resolution No. (5) of 2016 of the Board of Directors of Qatar Financial Markets Authority (“QFMA”); 7. To discuss and approve of AlRayan Bank’s Annual Corporate Governance Report for the year 2024 8. To absolve the Chairman and Board Members from all responsibilities for the fiscal year ended 31 December 2024, fix their remuneration for 2024 and approve the policy of remuneration and incentives of the Board and Senior Management and major trasnactions with related parties, if any; 9. To appoint AlRayan Bank’s External Auditors for fiscal year 2025 and approve their fees Agenda of the Ordinary General Assembly Meeting 1. To amend Articles (1), (3), (20) and (67) of AlRayan Bank’s amended Articles of Association (“AOA”) authenticated under No. 149652/2022 dated 14/12/2022 as amended by the Appendix authenticated under No. 107618 dated 01/05/2024 as proposed in the table below mainly to comply with the Circular No (7) of 2023 issued by the Board of Qatar Financial Financial Markets Authority on Iterim Dividends, to amend the legal name of the Bank from “Masraf Al Rayan” to “AlRayan Bank”, and to amend the conditions of qualification shares to match the Bank’s capital size and risk profile provided that such proposed change to Article (20) enters into effect starting from the next Board elections. 2. To authorize the Chairman and/or Vice Chairman of the Board and/or whomever the Board may delegate to sign the final version of the amended AOA and complete the required formalities subject to necessary regulatory approvals.