General Assembly Meeting – 29 March 2020

The General Assembly Meeting of the shareholders was conducted on 29 March 2020, wherein the following matters were discussed and approved:

1. The Board of Directors’ Report on the Bank’s activities and financial statements for the year ended 31 December 2019;
2. The External Auditor’s report for the year ended 31 December 2019;
3. The Internal Shari’a Supervisory Committee Report on the Bank’s activities for the year ended 31 December 2019;
4. The audited Balance Sheet and Profit & Loss account for the year ended 31 December 2019;
5. The proposal of the Board of directors to distribute cash dividends of 27.38 fills per share to the shareholders from the year 2019 profits;
6. The proposal of Board members remuneration for the year ended 31 December 2019;
7. To discharge the Board of Directors from liability for their work during the year ended 31 December 2019;
8. To discharge the External Auditors from liability for their work during the year ended 31 December 2019;
9. Appointment of the member of the Internal Shari’a Supervisory Committee for one fiscal year; and.
10. Appointment of External Auditors for the year 2020 and determination of their fees.

General Assembly Meeting - 13 March 2019

The General Assembly Meeting of the shareholders was conducted on 13 March 2019, wherein the following matters were discussed and approved:

1. The Board of Directors’ Report on the Bank’s activities and financial statements for the year ended 31 December 2018;
2. The External Auditor’s report for the year ended 31 December 2018;
3. The Internal Shari’a Supervisory Committee Report on the Bank’s activities for the year ended 31 December 2018;
4. The audited Balance Sheet and Profit & Loss account for the year ended 31 December 2018;
5. The proposal of the Board of directors to distribute cash dividends of 27.38 fills per share to the shareholders from the year 2018 profits;
6. The proposal of Board members remuneration for the year ended 31 December 2018;
7. To discharge the Board of Directors from liability for their work during the year ended 31 December 2018;
8. To discharge the External Auditors from liability for their work during the year ended 31 December 2018;
9. Election of the member of ADIB Board of Directors for the next three (3) years;
10. Appointment of the member of the Internal Shari’a Supervisory Committee for one fiscal year; and
11. Appointment of External Auditors for the year 2019 and determination of their fees.​​​
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