Qatar Electricity & Water Co.: The AGM Endorses Items on It's Agenda

Qatar Electricity & Water Co. announces the results of the AGM. The meeting was held on 26/02/2025 and the following resolution were approved 1. Approved the Board of Directors Report of the company's activities, its financial position for the year ended on 31/12/2024 and its future plan. 2. Approved the External Auditors report on the company's financial position for the fiscal year 2024. 3. Approved the company's balance sheet and profit and loss account. 4. Approved the proposal of cash dividends QAR [0.53] per share, total dividend of [QAR 0.78 per share] equivalent to [78%] of the shares nominal value for the year 2024. 5. Approved the company Annual Corporate Governance report for the year 2024, the External Auditors reports of Internal Control over Financial Report and Compliance with Corporate Governance regulation. 6. Discharged the directors of the Board for the financial year 2024 and approved their remuneration 0.83% of the profit. 7. Approved the nomination of the External Auditor and its remuneration for the year 2025. Reappointment of KPMG as company auditors for the financial year 2025, with a fees amounting to QRs. 735,000/-. .