Mannai Corporation: Will Hold Its AGM on 13/03/2025 for 2025

Mannai Corporation announces that the General Assembly Meeting AGM will be held on 13/03/2025, Virtually and 09:30 PM. In case of not completing the legal quorum, the second meeting will be held on 20/03/2025, and 09:30 PM 1. Hearing the message of His Excellency the Chairman. 2. Hearing, discussing and approving the Board of Directors Report on the Corporation activities, future plan, financial position and closing accounts for the year ended 31 December 2024. 3. Hearing, discussing and approving External Auditor’s Report on the Balance Sheet, Closing Accounts and Financial Statements of the Corporation for the year ended 31 December 2024, Independent Limited Assurance Report and the ICOFR Report. 4. Discussing and approving the Corporation’s annual balance sheet and profit and loss account for the year ended 31 December 2024. 5. Reviewing and approving the Board of Directors’ proposal for a cash dividend payment for the year ended 31 December 2024 of QR 0.25 per share, being 25% of the nominal share value. 6. Discussing and approving the Corporate Governance Report of the Corporation for the year ended 31 December 2024. 7. Absolving the Chairman and members of the Board of Directors for the year ended 31 December 2024 and approving their remuneration. 8. Election of Members of the Board of Directors for a 3-year term commencing on 13th March, 2025 and expiring on holding the Annual General Assembly meeting of the Corporation in 2028. 9. Appointing the External Auditor for the year 2025 and fixing their remuneration. 10. Authorizing Mr. Khalid Ahmed Al Mannai with all the powers to take the procedures necessary for execution of Assembly resolutions before all the official authorities and entities in the State.