Qatar Electricity & Water Co. announces the results of the AGM. The meeting was held on 10/03/2024 and the following resolution were approved

1. Approved the Board of Directors Report of the company's activities, its financial position for the year ended on 31/12/2023 and its future plan.
2. Approved the External Auditors report on the company's financial position for the fiscal year 2023, corporate governance report for the year 2023 and Internal Control over Financial Report.
3. Approved the company's balance sheet and profit and loss account. In addition, approved the proposal of cash dividends distribution.
4. Approved the company annual corporate governance report for the year 2023.
5. Discharged the directors of the Board for the financial year 2023 and approved their remuneration 0.76% of the profit.

6. Approved the nomination of the External Auditor and its remuneration for the year 2024. Reappointment KPMG as company auditors for the financial year 2024, with a fees amounting to QRs. 720,000/-.

The company wishes to inform that, in compliance with Decision No. 7 of the year 2023 issued by Qatar Financial Authority “QFMA” regarding the distribution of dividends for listed companies, the company will transfer the approved 2023 dividend amount for distribution among eligible shareholders.

Shareholders are kindly requested to contact Edaa for any clarification relating to dividend distribution for the year 2023.

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