Qatar Islamic Bank announces that the General Assembly Meeting AGM and EGM will be held on 22/02/2023, Virtually via Zoom and 04:30 PM. In case of not completing the legal quorum, the second meeting will be held on 01/03/2023, Virtually via Zoom and 04:30 PM 

The Agenda of the extraordinary meeting shall be as follows:

1.       Modifying some articles in the Bank’s Articles of Association, based on the updated version from the Governance instructions issued by Qatar Central Bank, as per circular (25) for the year 2022.

 

The Agenda of the ordinary meeting shall be as follows:

1.          Board of Director’s Report on the results of the Bank and financial statements for year ended 31/12/2022 and discussion of the plan for the year 2023.

2.          Sharia Supervisory Board report.

3.          External auditors’ report on the financial statements for the year ended 31/12/2022.

4.          Discussion and approval of the Bank’s balance sheet and profit and loss for the year ended 31/12/2022.

5.          Approval of the board of directors’ proposal to distribute 62.50% cash dividends of the nominal value per share, i.e. QAR 0.625 per share.

6.          Absolve the Board members from liability for the year ended 31/12/2022 and approval of the remuneration prescribed to them.

7.          QIB Governance Report for the year 2022.

8.          Nomination of the external auditors of the Bank for the year 2023 and determination of the fees to be paid to them.

9.          Board Elections for the new cycle 2023-2025.

 

 

Participation and Voting procedures for the Meeting:

In order to attend the meeting the shareholders or the proxies will be required to send electronically the following information and documents on or before February 21, 2023 to the email address: [email protected]:

1.       Copy of an identification document (Qatar ID or passport)

2.       Mobile number

3.       NIN number

4.       Copy of the completed proxy form (available for download at www.qib.com.qa/investorrelations) and supporting documents to authorize the proxy.

Upon receipt and verification of the above documents, a Zoom link will be shared with the shareholder or their proxy to confirm their attendance and registration.

Registration of the shareholders or their proxy shall commence at 1:00pm on 22 February 2023 via the shared Zoom link.

Subsequent to the completion of the above registration, a second Zoom link will be shared by email which will direct the shareholder or their proxy to the virtual meeting room.

During the course of the meeting, the shareholders or their proxy will be able to discuss the agenda items and address their questions to the Board of Directors by sending them in the chat box, available in the Zoom application.

As for voting on the agenda items, the shareholders or their proxy, who have an objection on any item are requested to raise their hand using the Zoom application functionality at the time of voting on the agenda item. In the event that the shareholder or the proxy does not raise the hand, it will be considered as an approval of the agenda item.

 

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