Al-Tadamun Holding Company held its Extraordinary General Meeting (EGM) on Wednesday, 27 April 2022 at the company’s headquarters, and passed a resolution approving the addition of Article (75) to the company’s Articles of Association, as follows: “The board of directors is fully authorized to manage the company’s affairs and run its business pursuant to its objectives without violating applicable laws, the company’s Memorandum of Incorporation or the resolutions issued by the General Assembly.  
The Company’s Memorandum of Incorporation outlines the board of directors’ authority to conclude loans, mortgage the company’s real estate properties, and conclude the issuance of guarantees, arbitration, reconciliations, and donations on behalf of the company.