Invitation to attend the Extraordinary General Meeting of Oman Arab Bank S.A.O.G. (the Bank)

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Invitation to attend the Extraordinary General Meeting of Oman Arab Bank S.A.O.G. (the Bank)

Oman Arab Bank “SAOG” would like to invite its shareholders to attend the Extraordinary General Meeting (EGM) to be held at 3:00 p.m. on Sunday 29 June 2025 via the Muscat Clearing and Depository (MCD) online platform, (www.mcd.gov.om).

In case a quorum is not present at the EGM, a second meeting will be held at 3:00 p.m. on Monday 30 June 2025 via the Muscat Clearing and Depository (MCD) online platform.

The agenda of the Extraordinary General Meeting:

  • To approve amending Article 5 of the Article of Association of Oman Arab Bank S.A.O.G. as follows:

 

Article 5 (Current):

The authorized capital of the Bank shall be Rial Omani Five hundred million (R.O. 200,000,000) and the issued capital shall be Rial Omani One hundred and sixty six million and nine hundred and forty one thousand (R.O. 166,941,000) divided into 1,669,410,000 share.

 

Article 5 (Proposed):

The authorized capital of the Bank shall be Rial Omani Five Hundred Million (R.O. 500,000,000) and the issued capital shall be Rial Omani One hundred and sixty six million and nine hundred and forty one thousand (R.O. 166,941,000) divided into 1,669,410,000 share.

As per the regulations for convening general meetings through the electronic platforms issued by the Financial Service Authority (FSA), we would like to draw your kind attention to the following:

  1. Only juristic persons may authorise a natural person to attend the general meeting and vote on their behalf through the electronic systems, provided that the authorised natural person has an investor number at Muscat Clearing and Depository Company.

 

  1. Voting on the subject items offered for voting in the agenda starts three (3) days before the meeting and until the end of the voting process on the day of the general meeting. If your balance of shares increased or decreased during the period of voting, your submitted votes will be cancelled and you would have to submit your votes again on the day of the general meeting.

 

Please attend at least 30 minutes prior to the meeting. For more information, please contact Mr. Mansoor Al-Raisi, Tel. No. 24754300.

 

Rashad Al Zubair

Deloitte

Ali Al Mamari
Chairman

External Auditor

Legal Advisor