The board of directors of Al-Nawadi Holding Company has invited its shareholders to attend the ordinary general assembly for the financial year ending December 31, 2024, scheduled for Tuesday, February 18, 2025. 

The agenda includes discussing the board's recommendation for a cash dividend distribution of 15% of the issued and paid capital, amounting to K.D. 3,446,248.320 (Three Million Four Hundred Forty-Six Thousand Two Hundred Forty-Eight Kuwaiti Dinars and 320 Fils), and a bonus share distribution of 5% to shareholders registered in the company's records as of the date of the ordinary general assembly, along with the election of a new board of directors for the upcoming three-year term.
Moreover, several other items will be discussed during the assembly, including:

•    Receiving and approving the board's report for the financial year ending December 31, 2024.
•    Receiving and approving the auditor’s report for the financial year ending December 31, 2024.
•    Discussing and approving the financial statements for the financial year ending December 31, 2024.
•    Reviewing any violations and penalties issued by the regulatory authorities (if any).
•    Discussing transactions with related parties, whether completed or pending.
•    Allocating 10% of the net profits to the legal reserve amounting to K.D. 710,871 (Seven Hundred Ten Thousand Eight Hundred Seventy-One Kuwaiti Dinars only).
•    Allocating 10% of the net profits to the optional reserve amounting to K.D. 710,871 (Seven Hundred Ten Thousand Eight Hundred Seventy-One Kuwaiti Dinars only).
•    Discussing the discharge of board members and absolving them of all related legal, financial, and administrative actions for the financial year ending December 31, 2024.
•    Discussing the payment of board members' bonuses for the financial year ending December 31, 2024, amounting to K.D. 60,000 (Sixty Thousand Kuwaiti Dinars only).
•    Appointing or reappointing the auditor for the financial year ending December 31, 2025, and authorizing the board to set their fees.
•    Accepting the resignations of board members and clearing their liabilities up to the date of resignation acceptance.