Qatar Islamic Insurance: Will Hold Its AGM and EGM on 23/03/2025 for 2024

Qatar Islamic Insurance announces that the General Assembly Meeting AGM and EGM will be held on 23/03/2025, Main Office and 09:30 PM. In case of not completing the legal quorum, the second meeting will be held on 26/03/2025, Main Office and 09:30 PM The Board of Directors of Qatar Islamic Insurance Group (Q.S.G.C.) is pleased to invite the Shareholders' for the Ordinary & Extraordinary General Assembly 1st meeting to be held on Sunday 23.3.2025 at main office of the group in C ring road at 9.30 p.m., in case the desired quorum for the first meeting is not achieved then the second reserved meeting will be held on Wednesday 26.3.2025 at the same place, time and method. The shareholders wish to attend meeting through * Zoom * application must send there information and documents to email address : waleed@qiic.com.qa or contact 44658808 - 55546307. AGENDA FOR ORDINARY GENERAL ASSEMBLY MEETING 1- To hear and discuss the report of the Board of Directors on the activities of the Group and the financial position for the year ended 31.12.2024 for the Group and approve it. 2- To hear the report of the Shari'a Supervisory Board for the Financial year ended 31.12.2024 and approve it. 3- To hear and discuss the Independent Auditors' report on the Group's statements presented by the Board of Directors and his report on the internal control over financial reporting and the compliance with the principles of governance for the Financial Year ended 31.12.2024 and approve it, and also discussing transaction with related parties. 4- To discuss the Group Policyholders and Shareholders' financial statements for the year ended 31.12.2024 and to approve the recommendation made by the Board to Distribute cash dividend of 50 % of the share's nominal value, i.e. QR 0,50 for each share held, to the shareholders for 2024 and approve it. 5- To absolve the Board of Directors from responsibility for the Financial year ended 31.12.2024 and to determine their remuneration for the year 2024 . 6- Discuss the report of the Governance 2024 and approve it . 7- Opening the door to receive questions, inquiries, and topics not included on the agenda from the shareholders. 8- To appoint the Independent Auditors for the Financial year 2025 and to determine their fees and approve it. AGENDA FOR EXTRAORDINARY GENERAL ASSEMBLY MEETING 1- Approval of the Board of Directors’ recommendation by amending Article No. (6) of article of association to allow “Non-Qatari investors to own up to 100 % of the group’s capital” instead of “the percentage of ownership of the group’s capital for Non-Qatari investors according to the provisions of the free laws and legislation in the State of Qatar Central Bank related to it ”, this is after obtaining the necessary approvals from the esteemed Council of Ministers in accordance with the provisions of Article No. (7) of Law No. (1) of 2019, after that obtain the approval from Qatar Central Bank. 2- Approval of the Board of Directors’ recommendation to authorize the Chairman and his Deputy individually to adopt the above amendment in article of association and signing and documenting it at all concerned parties .