The extraordinary general assembly of HAPAG-LLOYD SHIPPING COMPANY, held on November 11, 2024, approved the addition of Article (54) to its Articles of Association, stating:
- A Board member may trade their shares in the company during their membership on the Board, without prejudice to the restrictions on share transactions stipulated in the Companies Law, the company’s contract, or these bylaws.
The assembly also approved the addition of Article (55) to its Articles of Association, stipulating a deduction of 1% from the company’s net profits for the benefit of the Kuwait Foundation for the Advancement of Sciences.