Invitation for Extra Ordinary General Meeting and Annual General Meeting

The Board of Directors of Oman Cement Company (SAOG) has the pleasure to invite the respected shareholders to attend the Extra Ordinary General Meeting and Annual Ordinary General Meeting on Wednesday the 18^th March 2015 at Oman Chamber of Commerce and Industry (Muscat Hall), at 5.00 PM, to discuss the following agenda:

First : Extra Ordinary General Meeting

-           Amendment of company contribution to donation from 1% to 2% of previous year net profit and changing of company Article of Association accordingly (Annexure No. 1)

Second : Annual Ordinary General Meeting

1.     Consideration and approval of the Report of the Board of Directors for the financial year ended 31^st December 2014.

2.     Consideration and approval of the Corporate Governance Report for the financial year ended 31^st December 2014.

3.     Consideration of the Auditors Report and approval of the Balance Sheet and Profit & Loss Account for the year ended 31^st December 2014.

4.     Consideration and approval of the proposal to distribute cash dividends to the shareholders existing on the date of annual general meeting at the rate of 30% of the capital, i.e. Bzs 030 per share.

5.     Approval of sitting fees for the directors and sub committees for the past year and determination of sitting fees for the year 2015 (Annexure No. 2).

6.     Consideration and approval of director’s remuneration at RO. 140,000/- for the past year ended 31^st December, 2014.

7.     Inform the meeting of related party transactions during the financial year ended 31^st December, 2014 for approval (Annexure No. 3).

8.     Consideration and approval of related party transactions proposed for the financial year ending 31^st December 2015 (Annexure No. 3).

9.     Appointment of the auditors of the company for financial year ending 31^st December 2015 and fixing their fees.

The authorization to attend the general meeting and vote on its resolutions is ONLY by using the proxy attached, if the authorized is a natural person he is required to attach with the proxy card, copy of the ID for adults, passport for females and minors who do not carry ID card, and the resident card or passport for expatriates.  If the proxy is a  juristic person, then the proxy card shall be signed by the authorized signatories and sealed with company seal with commercial registration certificate and authorized signatories form.  Shareholder’s are requested to be at the meeting hall at least half an hour before the time fixed for the meeting.

For queries please contact Board Secretary at Phone No. 24437070-Ext: 123 or 24437779 (direct).