Damaan Islamic Insurance Company: Will Hold Its AGM and EGM on 03/03/2026 for 2025

Damaan Islamic Insurance Company announces that the General Assembly Meeting AGM and EGM will be held on 03/03/2026, Main Office - Lusail and 10:00 PM. In case of not completing the legal quorum, the second meeting will be held on 10/03/2026, Main Office - Lusail and 10:00 PM Agenda of the Ordinary General Assembly: “All resolutions of the General Assembly are subject to the approval of the Qatar Central Bank.” 1- Hearing the Board of Directors’ report on the Company’s activities, financial position for the year ended 31/12/2025, and the Company’s future plan, and approving them. 2- Hearing the report of the External Auditors on the Company’s financial statements for the year 2025, and approving it. 3- Hearing the report of the Sharia Supervisory Board of the Company for the year 2025, and approving it. 4- Discussing the Company’s balance sheet and profit and loss account for the year 2025, and approving them. 5- Approving the distribution of profits for the year 2025 to shareholders and the surplus from insurance operations to policyholders. 6- Discharging the members of the Board of Directors from liability and approving their remuneration for the year 2025. 7- Reviewing and approving the Corporate Governance Report for the year 2025. 8- Approving the major transactions and transactions with related parties entered into by the Company during the financial year ended 31/12/2025. 9- Appointing the external auditors for the financial year 2026 and determining their fees. Agenda of the Extraordinary General Assembly: Approval of the amendment of Article (58) of the Company’s Articles of Association (Binding Effect of General Assembly Resolutions) by adding paragraph (b), so that it shall read as follows: “(a) Resolutions issued by the General Assembly in accordance with the provisions of the law and these Articles of Association shall be binding on all shareholders, whether present at the meeting in which such resolutions were issued or absent, and whether they approved or opposed them. The Board of Directors shall implement such resolutions immediately upon their issuance. (b) A shareholder shall have the right to object to any resolution that he/she believes is issued in favor of a specific category of shareholders, or that causes harm to them, or that grants a special benefit to members of the Board without regard to the interest of the Company. Such objection shall be recorded in the minutes of the meeting, and the shareholder shall have the right to invalidate the objected resolution in accordance with the applicable provisions of the law.”