Qatari German Co. for Medical Devices: The AGM Endorses Items on Its Agenda

Qatari German Co. for Medical Devices announces the results of the AGM. The meeting was held on 10/05/2026 and the following resolution were approved

1. The Board of Director's report in terms of the company's activity and its financial position for the fiscal year ended 31/12/2025 and Company Future Plan were heard and approved.

2. The auditors' report on the financial statements for the year ending 31/12/2025, were heard and approved.

3. Discuss the company's general budget and profit and loss account for the fiscal year ending 31/12/2025, were discussed and approved. And the recommendation of the Board of Directors not to distribute dividends for 2025 was approved.

4. The company's governance report for the fiscal year ending 31/12/2025, and the related auditor's report were discussed and approved.

5. The members of the Board of Directors were discharged from liability, and the Board’s recommendation regarding the proposal to grant them a lump-sum remuneration totaling QR 90,000 was approved, at a rate of QR 15,000 for each member for attending meetings during the year 2025, subject to obtaining the approvals of the Ministry of Commerce and Industry and the competent regulatory authorities.

6. The tender regarding the appointment of the external auditors and determination of their fees for the year 2026 was presented, and RSM Auditing and Consulting & Partners was appointed as the Company’s external auditor for the financial year 2026.

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