Ezdan Holding Group held its ordinary and extraordinary general assembly meetings chaired by H.E Vice Chairman Sheikh Abdullah bin Thani bin Abdullah Al Thani on Tuesday, April 6, 2021, at the company's headquarters. The meetings where held remotely via the ZOOM application. After completing its legal quorum, the shareholders approved all the matters on the agenda, which included the keynote of H.E the Chairman of the Board of Directors, and the discussion of the Board’s report on the Group’s activities and its financial position for the year ended 12/31/2020. The shareholders also approved the annual general budget of the Group and the statement of profits and losses for the same year.
The Assembly approved the recommendation of the Board of Directors of no dividend payout, and also approved the Group Governance Report for the year 2020. The meeting also endorsed discharging the members of the Board of Directors from liability for the year ending 12/31/2020, and the Assembly agreed to appoint an auditor for the Group for the year 2021 and determine its fees.
On the other hand, the extraordinary general assembly approved all the matters on the agenda, which included the proposed amendments and additions to the Articles of Association of Ezdan Holding Group, in compliance with the Governance Code for Companies and Legal Entities Listed on the Main Market.