ANNUAL ORDINARY GENERAL MEETING

The Board of Directors of Shell Oman Marketing Company SAOG (Company) is pleased to invite all shareholders of the Company to attend the Annual Ordinary General Meeting of the Company (AGM) scheduled to be held at 4:00 pm on Sunday, 22 March 2015 at the Mandaloon Hall Crowne Plaza Hotel – Muscat - to discuss the following agenda:

Agenda for Annual Ordinary General Meeting

1.  To consider and approve the report of the Board of Directors for the Company for the financial year ended 31 December 2014.

2. To consider and approve the Corporate Governance Report for the Company for the financial year ended 31 December 2014. 

3. To consider the Auditors’ report and to approve the Financial Statements (Statement of Financial Position and Statement of Comprehensive Income) in respect of the Company for the financial year ended 31 December 2014.

4. To consider and approve the proposed final cash dividend to shareholders as of the date of the AGM, equivalent to 92% of the Company’s capital which is 92 baisa per share for the financial year ended 31 December 2014.

5. To approve the paid allowance to the Board of Directors for attending both the board meetings and the subsidiary committees for the previous financial year ended 31 December 2014 and for the forthcoming financial year ending 31 December 2015

6. To consider and approve the proposal of distributing the total sum of RO 68,800 as remuneration for the Board of Directors of the Company for the financial year ended 31 December 2014.

7. To consider and approve the transactions entered into by the Company with related parties during the financial year ended 31 December 2014.

8. To consider and approve the transactions that the Company will enter into with related parties during the financial year ending 31 December 2015.

9. The appointment of the Auditors for the Company for the year ending 31 December 2015, and fix their remuneration.

10. To elect Members of the new Board of Directors of the Company from amongst Shareholders or non-shareholders.  Any person who wishes to be nominated to the Board of Directors of the Company is required to fill in a Director’s Nomination Form. Such a form can be obtained from the Company. And the completed Form should be delivered to the Company at least two (2) business days prior to the date of the Annual Ordinary General Meeting of the Company (by the end of business hours on Tuesday 17 March 2015). The Company will not accept any application received after this date. If the nominated person is a shareholder, he/she must be owning at least 1,000 shares in the Company, as per the the Company’s Articles of Association.

In accordance with the Company’s Articles of Association and amendments thereto, any shareholder is entitled to  authorize any other person to attend the meeting and vote, provided that the authorization should be done on the proxy issued by Muscat Clearing and Depository Company SAOC attached to the notice. Any natural person should attach his ID Card for the adult, or a copy of the Passport for the ladies and minors, or a residence cards and passport for the non-Omanis. The proxy should be signed by one of the authorised signatories and carry the Company’s stamp with a copy of the commercial registration and the specimen of the authorised signatures.

If you wish to appoint a proxy, please complete and submit the Proxy Form to Shell Oman Marketing Company SAOG office.

To prevent delay in starting the meeting shareholders are requested to arrive about half an hour before the scheduled meeting time.

For further information please contact Mr. Adil Sidahmed on telephone (+968) 2457 0166.