Date

Name of the Listed Company Date and day of the meeting

The starting time of the meeting

The ending time of the meeting Venue of the meeting

29th April 2022

Islamic Arab Insurance Company - SALAMA PSCFriday, 29th April 2022

10:00 AM

10:52 AM

Remotely/Electronically with the option to attend in-person at the Company's premise in Sheikh Rashid Road, Spectrum Building, 4th Floor, Block A, Oud Metha, Dubai.

  • • Authenticity (%)

Mr. Saeed Mubarak Al-Hajeri, Vice Chairman 53.34 %

  • • Proxy (%)

21.45% 31.88%

1-

Decisions and Resolution of the General Assembly Meeting

  • 1- Approved the Board of Director's Report concerning the Company's activities and Financial position for the year ending 31 December 2021.

  • 2- Approved the Auditor's Report for the Year ending 31 December 2021.

  • 3- Approved the Sharia Supervisory Committee Report for the Year ended on 31 December 2021.

  • 4- Approve the Company's Balance sheet and Profit & Loss Account for the Fiscal Year ended on 31 December

    2021.

  • 5- Approved the Corporate Governance Report of the Company for the year ended on 31 December 2021.

  • 6- Approving the Board of Director's recommendation to distribute cash dividends of 2 Fills/ share for the year ended 31 December 2021.

  • 7- Approving the Board of Director's total remuneration for the year ended 31 December 2021 after fulfilment of CBUAE requirements in that regard.

  • 8- Discharged the Board of Directors from responsibility for the year ending 31 December 2021.

  • 9- Discharged the external Auditors from responsibility for the year ending 31 December 2021.

  • 10- Approve the transactions with related party during the financial year ending 31/12/2021.

  • 11- Approved the Reappoint of Ernst & Young as the Auditors of the company for the fiscal year 2021 and determined their fees.

  • 12- Reappointed Sharia Supervisory Committee and determined their fees. The SSC comprised of the following members:

  • • Dr. Mohammed Daud Bakr.

  • • Dr. Mohammed Amin Qatan.

  • • Dr. Amin Fateh.

Cash Dividends

Amount

Percentage

AED 23,766,652

2% of the Company's paid-up capital

Last Entitlement date

Ex-Dividend Date

Registry Closing Date

Payment Date

05 May 2022

06 May 2022

09 May 2022

As agreed later with DFM

The Name of the Authorized Signatory:

Khaled Barakat

Designation

General Assembly Secretary

Signature

Date

29th April 2022

Company's Seal

Cc

  • - The Securities and Commodities Authority

  • - The Central Bank of the United Arab Emirates

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Disclaimer

SALAMA - Islamic Arab Insurance Company PSC published this content on 29 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 April 2022 10:41:03 UTC.