Invitation for the Ordinary General Assembly Meeting for the year 2019

Dear Shareholders,

The Board of Directors has the pleasure to invite the shareholders to attend the Ordinary General Assembly Meeting of Qatar Navigation (Milaha) Q.P.S.C. which will be held at 4:30 p.m. on Sunday, 22 March, 2020 at Milaha Headquarters, Ain Khalid Area, to discuss the matters as per the attached Agenda. If there is no quorum, the alternate date will be Sunday, 29 March 2020, at 4:30 pm at the same place.

AGENDA

  1. Chairman’s Message, presenting the Board of Director’s Report on Milaha Group’s operation and financial position for the year ending 31.12.2019, and the future plan of the Group; and approval of both.
    Read Message
  2. Presentation of the Auditor’s Report on the Financial Statements of Milaha Group for the financial year ending 31.12.2019, and approval of same.
  3. Discussion on the Statement of Financial Position and Statement of Income of Milaha Group for the financial year ending 31.12.2019, and approval of same.
  1. Review of the Group’s Annual Governance Report for 2019, and approval of same.
  2. Review of the Board’s recommendation for distributing cash dividends to the shareholders at 30% of the nominal share value, amounting to QR 0.3 per share, and approval of same.
  3. Discharging the Board Members from liability for the financial year 2019, and approving the remunerations recommended to them.
  4. Appointing an Auditor for the financial year 2020 and deciding his fees.

Jassim bin Hamad bin Jassim Jaber Al-Thani

Chairman of the Board of Directors

Notes

  1. In case the Shareholder is unable to attend in person, he/she may authorize another Shareholder to attend on his/her behalf as per the proxy form, enclosed with the invitation.
  2. A Shareholder may authorize another Shareholder in writing. The Proxy must be a Shareholder, however, not a Board Member and in all cases proxies held by him/her
    should not exceed 5% of the company’s shares (57,262,600 shares).
  3. Shareholders can get the invitation and proxy to attend the meeting through the website of the company www.milaha.com or on the Qatar Stock Exchange website.
  4. Shareholders are requested to come to the Meeting Hall one hour before the meeting time in order to finalize attendance registration procedures.
  5. In case the quorum is not met in the first meeting, another meeting will be held on Sunday, 29/3/2020 at the same place and time.
  6. Any scratch or deletion makes this proxy null and void.