Dukhan Bank: The AGM Endorses Items on Its Agenda

Dukhan Bank announces the results of the AGM. The meeting was held on 12/04/2026 and the following resolution were approved

First: Endorsed the report of the Board of Directors on the bank’s activity and financial position for the fiscal year ending on December 31, 2025, and discussing the bank’s future plans.

Second: Approved the report of the Sharia Supervisory Board for the fiscal year ending on December 31, 2025.

Third: Approved the report of the external auditor on the bank’s balance sheet and financial statements for the fiscal year ending on December 31, 2025.

Fourth: Approved the bank’s balance sheet and profit and loss account for the fiscal year ending on December 31, 2025.

Fifth: Approved the Board of Directors’ proposal to distribute 8% cash dividends of the nominal value per share representing QAR 0.08 per share for the year ended 31/12/2025.

Sixth: Absolved the Board of Directors from liability for the year ended 31/12/2025 and to fix their remuneration.

Seventh: Approved the renewal of the Shari'a Supervisory Board of Dukhan Bank and its Group for three years, 2026-2028.

Eighth: Approved the Dukhan Bank Governance Report for the year 2025.

Ninth: Approved of the following:

a. Increasing the aggregate maximum limit of the mid-term sukuk Issuance Program from USD 2,000,000,000 to USD 3,000,000,000, with the possibility of issuing sukuk under the program through a special purpose vehicle established inside or outside the State of Qatar, as determined by the Bank’s Board of Directors. If required, the current issuer and trustee under the program may be replaced with a new issuer and trustee. Any further increase exceeding the total program limit of USD 3,000,000,000 shall be subject to obtaining prior approval from the Bank’s shareholders and the relevant regulatory authorities.

b. Granting the Board of Directors the authority to make amendments to the mid-term sukuk Issuance Program, including changing the current issuer, BBG Sukuk Ltd (Cayman Islands), through a special purpose vehicle established inside or outside the State of Qatar, or redomiciling it to another suitable jurisdiction (including the Qatar Financial Centre).

c. Authorizing the Board of Directors to take all necessary actions for and on behalf of the Bank in relation to the program or any issuances thereunder within the approved program limit of USD 3,000,000,000, including (without limitation) updating the program (excluding the program limit) and any related transaction documents from time to time, approving any issuance of sukuk under the program, and any actions required for listing the sukuk on any stock exchange. All of the foregoing shall be subject to such terms and conditions as the Board of Directors deems appropriate. The Board may authorize one or more members of the Board of Directors and/or the Bank’s management to update and/or sign any documents related to the program or the listing of the sukuk on any stock exchange, as the Board of Directors deems appropriate, subject to obtaining the required approvals from the relevant regulatory authorities.

d. Issuing capital instruments eligible for inclusion within the Bank’s Additional Tier 1 capital, with a total value of up to QAR 4 billion (collectively referred to as the “Instruments”), provided that such Instruments are not convertible into ordinary shares of the Bank.

e. Authorizing the Board of Directors to take all necessary actions for and on behalf of the Bank in relation to the issuance of the Instruments, including (without limitation) determining the size, issuance structure, terms and conditions, issuance currency, and the stock exchange on which the Instruments may be listed, in accordance with the instructions and guidelines issued by Qatar Central Bank or any other competent supervisory authority. The Board of Directors may also authorize one or more members of the Board of Directors and/or the Bank’s management to sign any documents related to the issuance or listing of the Instruments on any stock exchange, subject to obtaining the required approvals from the relevant regulatory authorities.

Tenth: Appointed the External Auditors for the financial year ending 2026 and approve their fees.

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