kindly note that AGM Meeting of Al-Madina was held on Monday 27/07/2020. The percentage of attendance was 20.9 % The General Assembly approved all the agenda items which include:

�       Approval of the financial statements for the year ended on 31 December 2019.

�       Approval not to distribute any dividends for the year ended on 31 December 2019.

�       Approval not to pay the BOD’s remuneration for the year ended on 31 December 2019.

�       Assign the External Auditor Mr. Rashed Ayoub Yousef Al-Shaddad (Rodl Middle East – Burgan International Accountants), for the year ended on 31 December 2020.

�       Reassign the External Islamic Sharia Auditors (Raqaba global for Sharia Audit Co.), forthe year ended on 31 December 2020.

�       Election of new board members for the following three years, the new members are listed below:

1.        Dr.Abdul Raof Tawfeq Abdul Sayed.

2.        Mr. EmadHusain Neemah Abdul Rahman.

3.        Sheikh /Ahmad Dawood Salman Al-Subah representing India Holding Company.

4.        Mr.Mohammad Darwesh Al-Shemali representing Tatweer Capital Real Estate Company.

5.        Mr.Ahmad Abdul Fattah Bader representing  Developfor General Trading & Contracting Co.

Alternate member: Mr.Aref Abdullah Al-Ajmi representing Al-Sary National for General Trading and Contracting Company.