The Decisions of the Shareholders Ordinary General Assembly
We would like to inform you of the decisions of the ordinary general assembly meeting for Ezdan Holding Group held Sunday 16/04/2017 at 6:00 p.m. in Ezdan Tower, Dafna as follows:
1- Approve of the report of the Board of Directors on the group’s activities and financial position for the year ended 12.31.2016 and the display of the future plans of the Group for the year 2017.
2- Approve the auditors' report on the Group’s financial statements presented for the year ended 31.12.2016.
3- Approve the financials and the profit and loss account for the financial year ended 31.12.2016.
4- Approve the recommendation of the Board of Directors on the distribution of cash dividends (5%), equivalent to (50 dirhams per share).
5- Approve the report of Corporate Governance for the Group for 2014.
6- To absolve the Directors of the Group from any liability for the financial year ended 31.12.2016 and determine their bonuses with a total of QR12,982,537 (Twelve Million nine hundred eighty two thousand and five hundred thirty seven Qatari Riyals)
7- Approve the appointment of Ernst & Young, to audit the accounts of the Group for the year 2017.