Invitation to Attend the Extraordinary General Assembly Meeting

03 December 2017 .

The Board of Directors has the pleasure to invite Ooredoo Shareholders to attend the Extraordinary General Assembly Meeting of Ooredoo Q.P.S.C which will be held at 4.30 pm on Wednesday, 20 December 2017, at Ooredoo Main Headquarter at the West Bay. If there is no quorum, an alternative date will be on Sunday, 24 December 2017, at the same time and place.

Agenda for the Extraordinary Meeting:

1- Approve the modification of article (20) of the company’s articles of association:

- Current Article: The company shall be managed by a board of directors consisting of ten members. The Qatar Holding Co. shall appoint five members and one of them shall be the board chairman. None of them will be dismissed until there is a decision from Qatar Holding Co. The general assembly shall appoint five members by secret voting, provided that Qatar Holding Co. shall not participate in the voting process. The voting shall be as per the provisions of the commercial companies law and rules and instructions issued by Qatar Financial Markets Authority.

- Proposed Article: The company shall be managed by a board of directors consisting of ten members. The Qatar Holding Co. shall appoint five members and one of them shall be the board chairman. None of them will be dismissed until there is a decision from Qatar Holding Co. The general assembly shall appoint five members by secret voting, provided that Qatar Holding Co. shall not participate in the voting process. The voting shall be as per the provisions of the commercial companies law and rules and instructions issued by Qatar Financial Markets Authority, the elected board member should be a shareholder and owns not less than 5000 (Five Thousand) shares deposited in an authorized local bank within sixty days of the member’s membership commencement date, deposition of the shares should continue without the shares being liable for trading or mortgage or seizure until the end of the member’s tenure, and his approval of the budget of the last fiscal year in his tenure, the shares mentioned in the previous paragraph are  assigned as a collateral for the rights of the company, shareholders, creditors, and others parties, in relation to the board members responsibility, in case the member did not provide the collateral as outlined his membership to the board shall be invalidated.

2- Approve amending the company’s articles of association to comply with the commercial companies law number (11) for 2015, and authorize the Chairman of the board the power to carry out that.

Notes:

  • Shareholders are requested to arrive for registration one hour early.
  • A shareholder who cannot attend the Extraordinary General Assembly Meeting in person may appoint a proxy to represent him.
  • Only shareholders, whose names have been registered in the company’s shareholder register with the Exchanges after closing of business on Wednesday the 20th of December 2017, are eligible to attend Ooredoo’s Extraordinary General Assembly Meeting.
  • Shareholders should bring with them relevant documents proving their ownership of the shares they claim to hold.
  • The announcement posted in local newspapers, on the Qatar Stock Exchange website, and the Company’s website, will be official to all shareholders, as no invitations will be sent through the post, according to stipulations of article (121) of Commercial Companies Law.
  • The meeting will be conducted in Arabic.
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