Sharq Investment Company will hold its annual general assembly on Thursday, April 17, 2025, at 11:00 AM, to discuss the following agenda:
•    Discussion and approval of the Board of Directors' report for the financial year ending December 31, 2024.
•    Discussion and approval of the auditor's report for the financial year ending December 31, 2024.
•    Review and approval of the company's financial statements for the financial year ending December 31, 2024.
•    Presentation of any violations and penalties issued by regulatory authorities (if any) for the financial year ending December 31, 2024.
•    Reading of the corporate governance report, the audit committee report, and the remuneration report for the financial year ending December 31, 2024, and their approval.
•    Review of transactions with related parties that took place or will take place.
•    A legal reserve allocation of 10% amounting to KWD 118,128  (one hundred eighteen thousand one hundred twenty-eight Kuwaiti Dinars) from net profits for the financial year ending December 31, 2024.
•    Discussion of an optional reserve allocation of 10% amounting to KWD 118,128 (one hundred eighteen thousand one hundred twenty-eight Kuwaiti Dinars) from net profits for the financial year ending December 31, 2024, to be designated for potential risks or crises that the company may face in upcoming financial years.
•    Discussion of the Board of Directors' recommendation not to distribute cash dividends to shareholders for the financial year ending December 31, 2024.
•    Discussion of the Board of Directors' recommendation not to distribute bonuses to board members for the financial year ending December 31, 2024.
•    Discussion of the discharge of board members and their absolution from any obligations related to their legal, financial, and administrative actions for the financial year ending December 31, 2024.
•    Discussion of allocating an amount for social responsibility initiatives and empowering the Board of Directors to determine its use according to the activities to be carried out in the coming year, not exceeding KWD 3,250 (three thousand two hundred fifty Kuwaiti Dinars).
•    Discussion of the appointment or reappointment of the company's external auditor for the financial year ending December 31, 2025, ensuring they are on the approved list of auditors registered with the Capital Markets Authority and the approval of their recommended fees as per the internal audit committee’s recommendation recorded in minute number 2024/12 presented to the company’s Board of Directors.