MINUTES OF ANNUAL GENERAL ASSEMBLY MEETING (VIRTUAL MEETING)

Document Summary

An annual general meeting, or annual shareholder meeting, is primarily held to allow shareholders to vote on both company issues and the selection of the company’s board of directors.

Description

An annual general meeting (AGM) is a mandatory yearly gathering of a company’s shareholders. at an AGM, the director(s) of the company present an annual report containing information for shareholders about the company’s performance and strategy. Shareholders with voting rights should vote on the issues listed on the agenda, such as appointments to the company’s board of directors, dividend payment, and the selection of auditors and other decisions.

If the meeting is held via video and audio communication platforms, it must be ensured that the company's Memorandum of association allows this.

Jurisdiction

This document is intended for use in the United Arab Emirates.

Before Execution

• The information on this front page or contained in the headers and footers of this instrument are for guidance purposes only.
• Please delete this front page together with the information contained in the headers, footers, and the endnotes prior to circulating this letter. Where square brackets […] and highlights are used in the document, it indicates that there is missing or incomplete information which will need to be incorporated prior to signature.
• Please remove the square brackets and all highlighting prior to signature.

Disclaimer

This document is provided for reference only and is not intended to be, and should not be considered, legal advice. Determinations about whether this document will be appropriate in your particular situation or jurisdiction should be made after consultation with a legal counsel. Kanoony will not assume any legal liability that may arise from the use of this document.