Al-Mutajara Real Estate Company will hold its Annual General Meeting (AGM) for the financial year ended 31 December 2021 on Tuesday, 5 April 2022, to consider the following items listed on its agenda:

1.    Hear and approve the Board of Directors’ report for the financial year ended 31 December 2021.
2.    Present the Shariah Supervisory Board’s report issued by Al-Mashoura and Al-Raya Islamic Financial Consulting Company
3.    Hear and approve the auditor’s report issued by Deloitte, Touche Al Wazzan & Co. for the financial year ended on 31 December 2021.
4.    Hear the violations report and any penalties imposed by the regulatory authorities in 2021 (if any).
5.    Discuss and approve the financial statements and final accounts for the financial year ended 31 December 2021.
6.    Discuss the Board of Directors’ recommendation to distribute 7% (7 fils per share) cash dividends amounting to KWD 2,030,169.778 to shareholders registered in the Company’s records as of the AGM date.
7.    Deduct 10% of the net profit towards the statutory reserve for a total value of KWD 238,793.
8.    Discuss the Board of Directors’ recommendation not to deduct voluntary reserve for the financial year ended 31 December 2021.
9.    Discuss the Board of Directors’ recommendation regarding the distribution of the Board of Directors’ remuneration amounting to KWD 10,000 for the financial year ended 31 December 2021.
10.    Review and approve the transactions that took place with related parties in the financial year 2021 and authorize the transactions that will take place in the FY 2022.
11.    Absolve the members of the Board of Directors from all financial, administrative and legal actions for the financial year ended 31 December 2021.
12.    Permit member of the board of directors to combine their membership in the board of directors with its parent, any of its subsidiary, and/or associate companies operating in the same activity or any of its branches, with consideration to Article (194) of Law No. (1) of 2016.
13.    Approve the appointment or reappointment of the company’s auditor for the financial year ended 31 December 2022 and authorize the Board of Directors to determine their fees.
14.    Approve the appointment or reappointment of the Sharia Supervisory Board for the financial year ended 31 December 2022 and authorize the Board of Directors to determine their fees.