1. To approve the report of the Board of Directors on the activities of the Company and its financial position, the report of the auditors, and the consolidated financial statements of the Company for the year ending 31st December 2017.
2. To distribute to theshareholders cash dividends totaling AED 1,301,430,000 (One Billion ThreeHundred One Million Four Hundred Thirty Thousand Dirhams) representing 10% ofthe capital being 10 Fils per share for the fiscal year ending 31st December2017.
3. To approve payment of bonusto the members of the Board of Directors for the fiscal year ending on 31stDecember 2017 amounting to AED 650,000 (Six Hundred Fifty Thousand Dirhams) foreach Board member (including the Vice-Chairman), and a bonus of AED 1,000,000 (OneMillion Dirhams) to the Chairman of the Board of Directors for the year 2017.
4. To discharge the members ofthe Board of Directors of the Company from liability for the fiscal year ending31st December 2017.
5. To discharge the auditorsof the Company from liability for the fiscal year ending 31st December2017.
6. To appoint Ernst &Young as external auditors for the Company for the year 2018 and to determine andapprove their annual fees amounting to AED 204,000.
7. To permit the Board membersto carry out any business activities which may fall under the company’s objects.
MattersRequiring a Special Resolution
8. It was resolved to approvethe amendment of Article (29) of the Company's Articles of Association tocancel the maximum number of resolutions passed by circulation, which the Boardof Directors may issue in cases of urgency.
9. It was resolved to adoptthe Constitutive Regulation of the Employees Incentive Program granting theemployees the option to purchase shares of the Company according to theprovisions of Article 226 of Federal Law No 2 of 2015 on Commercial Companies andaccording to the main terms and conditions presented to the General Assembly.
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