| National Leasing Holding announces the results of the AGM. The meeting was held on 26/02/2024 and the following resolution were approved First: Hearing the Board of Directors’ report on the activity of the company and its financial position for the year ended 31 December 2023: The AGM heard the management report on the company activities and its financial position for the year ended 31 December 2023: Second: Hearing of Sharia Board report on the activity of the company for the year ended 31 December 2023. The AGM heard the heard of Sharia Board report on the activity of the company for the year ended 31 December 2023 Third: Hearing the report of Independent Auditors on the Company’s financial statements for the year ended 31 December 2023: The AGM heard the auditors’ report, by Russell Bedford, on the company balance sheet and profit and loss account of the financial year ended 31 December 2023. Fourth: Discussing and approving the Financial Statements of the company for the year ended 31 December 2023 The AGM approved company balance sheet and profit and loss account of the financial year ended 31 December 2023. Fifth: Approving the Board’s proposal to distribute a dividend of 3% of the nominal value per share at the rate of 0.03 QR: The AGM agreed on the distribution of cash dividends on the value of QR (0.03) per share by 3%. Sixth: Absolve the Boards of Directors Members for the year ended 31 December 2020: The AGM absolved the BOD Members from responsibilities for transaction for the year ended 31 December 2023. Seventh: Corporate Governance Annual Report for 2023: The AGM heard the Corporate Governance Annual Report for 2023 and approved it. Eighth: Appointment of External Auditors for the year 2024: The AGM decided to appoint Russell Bedford as External Auditors for the year 2024. Ninth: Election of New Board of Directors: The AGM elected a new Board of Directors consisting of 6 members for the period of year 2024 to 2026. 7 Nominees applied for the nomination members are as follows : SH. Falah Bin Jassim Bin Jabr Al Thani – International Agencies Company SH. Mohamad Bin Falah Bin Jassim Al Thani – Al Majal International Trad. & Cont. Company Mr. Salem Bin Butti Al- Nuaimi SH. Sheikh Abdullah Bin Ahmad Bin Abdullah Al-Thani – AL Khaleej Insurance and Rein Mr. Hamad Sareea Rashed Al Kabbi Mr. Mohamed Yousef Mohamad Behzad Immediately after the general assembly the newly constituted, board members met and elected the following members with specific responsibilities: 1. SH. Falah Bin Jassim Bin Jabr Al Thani . Chairman of the Board 2. Mr. Salem Bin Butti Al- Nuaimi . Vice Chairman All the attended shareholders approved the conditions of the AGM and its resolutions. |
