Mazaya Real Estate Development Q.P.S.C.: The AGM Endorses Items on Its Agenda

Mazaya Real Estate Development Q.P.S.C. announces the results of the AGM. The meeting was held on 01/04/2026 and the following resolution were approved

Item 1: Hearing the Board of Director Report on the activities of the company and its financial position for the financial year ending December 31, 2025, as well as the company’s future plans.
Item 2: Hearing the Sharia’a Supervisory Board report.
Item 3: Hearing & approving the auditors’ report for the year ending December 31, 2025.
Item 4: Discussing & approving the company’s balance sheet and profit & loss statement for the year ending December 31, 2025.

Item5: Approving the company’s Corporate Governance Report for the year ending December 31, 2025.
Item 6: Approving the Board of Directors’ proposal not to distribute dividends for the year ending December 31, 2025.

Item 7: Discharging the Board of Directors from liability for the fiscal year ending December 31, 2025, and approving the payment of a lump-sum amount to them. Item 8: Appointing the Auditors for the financial year 2026 and determine their fees.
Item 9: Electing new Board of Directors for the next term (2026 – 2028).

Accordingly, all the items mentioned above have been approved.
It was approved to appoint KPMG as the external auditors for the year 2026.
Also, the new Board of Directors for the coming 3 years (2026 – 2028) was elected as per the attached schedule.

Kindly be informed that Extra Ordinary General Assembly meeting for Mazaya Real Estate Development was not held on Wednesday, April 1, 2026, for the non-availability of the required quorum. Therefore, we will inform you about the date of the next meeting later.

Final List of Candidates Elected to the Board of Directors of Mazaya Real Estate Development (2026–2028)

List of Non-Independent Members:
1. Mr. Ghanem Hassan Al-Ibrahim (non-independent) – representing QIA
2. Mr. Jassim Mohammed Telefat (Non-Independent) – representing QIA
4. Sheikh Hamad bin Mohammed Al Thani (Non-Independent)
5. Sheikh Tamim bin Fahad Al Thani (Non-Independent)
3. Mr. Ibrahim Jeham Al-Kuwari (Non-Independent)
6. Mr. Yousef Ahmed Al-Sada (non-independent)

Alternate Non-Independent Member:
1. Mr. Mohammed Ghanem Al-Kuwari (Non-Independent)

List of Independent Members:
1. Mr. Abdulaziz Abdullah Al-Humaidi (Independent)

2. Mr. Saeed Adnan Abu Ouda (Independent)
3. Mr. Abdulaziz Mohammed Al-Tamimi (Independent)

Alternate Independent Member:
1. Mr. Yousef Ibrahim Al-Mahmoud (Independent)

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