04-02-2025
Qatar Electricity & Water Co. announces that the General Assembly Meeting AGM will be held on 26/02/2025, at Al-Majlis Hall, Sheraton Hotel and 03:30 PM. In case of not completing the legal quorum, the second meeting will be held on 04/03/2025, at Al-Majlis Hall, Sheraton Hotel and 09:00 PM
Agenda of the Ordinary General Assembly Meeting
1 Opening speech by His Excellency the Chairman of the Board of Directors.
2 Present and approve the Board of Directors Report for the company's activities, its financial position for the year ended on 31/12/2024 and the future plan.
3 Discuss and approve the External Auditors report on the company's financial position for the fiscal year 2024.
4 Discuss and approve the company's balance sheet and profit and loss account, and in addition to approve the recommendation of the Board to distribute cash dividends.
5 Discuss and approve the Annual Corporate Governance report for the year 2024.
6 Discharging the members of the Board of Directors for the year 2024 and approve their remuneration.
7 Approve of the appointment of the External Auditor and their remuneration for the year 2025.
Notes:
· All shareholders are requested to be present at the venue of the meeting one hour before the start time of the meeting, to register their attendance.
· In case the Shareholder is unable to attend in person, they may authorize another Shareholder to attend on behalf as per the proxy form available on the company website (www.qewc.com). A shareholder may not appoint Board Director to act as his proxy. In all cases, proxy in this capacity shall not exceed 5% of the Company's share capital.
· In accordance with Qatar Financial Market Authority Board of Directors Decision No. 7 of the year 2023 Concerning Rules of Dividend Distribution in Shareholding Companies listed on the Financial Markets, QEWC will transfer the dividend amount as declared to Edaa for distribution among eligible shareholders.
· The invitation shall be deemed as a legal announcement to all shareholders according to Law No. (11) of the year 2015 and its amendments.