Mekdam Holding Group: The AGM and EGM Endorses Items on Its Agenda

Mekdam Holding Group announces the results of the AGM and EGM. The meeting was held on 31/03/2026 and the following resolution were approved

Ordinary General Assembly:

1. Hearing and approving the Board of Directors’ report on the Company’s activities and financial position for the year ended 31 December 2025, as well as the Company’s business plan for 2026.

2. Hearing and approving the external auditor’s report on the Company’s financial statements and the accounts submitted by the Board of Directors.

3. Discussing and approving the balance sheet and the profit and loss statement for the year ended 31 December 2025.

4. Approving the Board of Directors’ recommendation to distribute dividends to shareholders at a total of 21% of the Company’s share capital, as follows:

- Cash dividends of 14.75%, equivalent to QAR 0.1475 per share.
- Bonus shares of 6.25%, equivalent to one (1) share for every sixteen (16) shares held.
5. Discharging the members of the Board of Directors from liability for the financial year ended 31 December 2025 and determining their remuneration.

6. Approving the external auditor’s report regarding the requirements of Article (24) of the Corporate Governance Code.

7. Discussing and approving the Corporate Governance Report. The Assembly also approved the Board and Senior Management Remuneration Policy, as well as the Nomination and Election Policy for Board members.

8. Electing the members of the Board of Directors for the new term (2026–2028). The Board composition is as follows:

First: Non-Independent Members:

1. Sheikh Mohamed Nawaf Nasser Khalid Al Thani

2. Sheikh Jassem Nawaf Nasser Khaled Al Thani

3. Mr. Saleh Mohammed Saleh Al-Qamra Al-Nabet

4. Mr. Mohammed Majid Khalifa Al-Shaheen Al-Sulaiti

5. Mr. Ehab Naser

Second: Independent Members:

1. Mr. Jassim Sultan Majid Al-Rumaihi

2. Mr. Hassan Mattar Saeed Al-Sowaidi

3. Mr. Mohammed Saif Mohammed Zaal Al-Naimi

9. Appointing Messrs. (Mazars SA Limited) as the external auditor for the financial year 2026 and approving their professional fees.

Extraordinary General Assembly:

1. Approving the amendment of the Company’s Articles of Association to align with the requirements of the Corporate Governance Code issued by the Qatar Financial Markets Authority (Decision No. 5 of 2025), in a manner that enhances the efficiency of the regulatory framework and reinforces governance principles.
2. Approving the increase of the Company’s share capital through the issuance of bonus shares amounting to 10,000,000 shares, as approved by the Ordinary General Assembly, and amending Article (5) of the Articles of Association to reflect that.
3. Authorizing the Chairman of the Board to complete all necessary procedures to amend the Articles of Association accordingly, including the authority to attend before and sign all required documents with the Ministry of Justice, the Ministry of Commerce and Industry, and any other relevant governmental authorities.

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