Meeting Date/Time

Thursday, October 14, 2021 - 12:00 PM

Type of Meeting

General Assembly

Net Profit/Loss

- AED

Cash Dividend

Bonus Share

New Issuance

Shares Split

Capital Deduction

Announcements/Resolutions

Ordinary General Meeting:

1.      Theminutes of the previous Ordinary General Meeting held on 6^th April2021.

2.      The continuation of listing GFH Shares on Boursa Kuwait.

3.      The repurchaseof the Group’s shares (treasury shares), up to a maximum of 10% of the totalissued shares of the Group for:

•        Acquisitionof the shares of Khaleeji Commercial Bank B.S.C. pursuant to an acquisitionoffer, using treasury shares not exceeding 171,416,377 ordinary sharesequivalent to 4.5% of the Group’s shares.

•        Strategicexpansion in financial and investment institutions.

•        Employeeincentive programs.

4.      Authorizethe Board of Directors or whomever it authorizes, to take all the necessaryactions to implement the above, including but not limited to representing theGroup in the final negotiations of the acquisition process and taking allnecessary measures with any related parties, regulatory authorities, marketsand signing all the final papers, contracts and any other documents.

As for thepoints related to any other matters, it was resolvedto:

5- Authorize the Board of Directors totake a decision regarding the appointment of a market maker in all the marketsor any markets in which the Group’s shares are listed, and authorize them to makethe selection, determine the fees, the term of appointment, and so on, subjectto the approval of the regulatory authorities.

Extraordinary General Meeting:

1.      Theminutes of the previous extraordinary general meeting held on 6^thApril 2021.

2.      To approve the Board of Directors’ recommendation to issue sukuk inthe amount of USD 300 million in the form ofAdditional Perpetual Tier 1 Capital and authorize the Board of Directors todecide the profit rates, other details andamendments, subject to the final approval of the Central Bank of Bahrain.

3. Authorizethe Board of Directors or whomever it authorizes, to take all necessary actionsto implement the above, including but not limited to representing the Group inconnection with the issuance of the above-mentioned sukuk and taking all thenecessary measures with any related parties, regulatory authorities, marketsand signing all the final papers, contracts and any other documents andaccordingly, amend the Memorandum of Association and Articles of Association ofthe Group on behalf of the shareholders before the notary public in the Kingdomof Bahrain.

Last Entitlement Date

Ex-Dividend Date

Registry Closing (Settlement) Date

Meeting Venue

Through Electronic Means