OMAN HOTELS AND TOURISM COMPANY SAOG

AGENDA FOR THE ANNUAL GENERAL MEETING

The Board of Directors of Oman Hotels and Tourism Company SAOG (OHTC) have the pleasure to invite the Shareholders to the  Annual General Meeting of the Company proposed to be held on 16th March 2015at 5:00 p.m. at Al Falaj Hotel to discuss the following Agenda:-

ANNUAL GENERAL MEETING:

1. To review and approve the Directors’ Report for the financial year ended 31st December 2014.

1. To review and approve the Auditor Certified Corporate Governance Report for the financial year ended 31st December 2014.

1. To review and approve the Auditor’s Report and the audited Financial Statement   for the financial year ended 31st December 2014.

1. To ratify the sitting fees paid to the Board of Directors for the Board Meetings, the Audit Committee Meetings and Executive Committee Meetings   held during the financial year ended 31st December 2014 and determining the proposed fees payable for such meetings for the financial year ending 31st December 2015, as per details enclosed.

1. To approve the proposed remuneration of RO. 95,211 payable to the Board of Directors for the financial year ended 31st December 2014.

1. To ratify the actual transactions with the Related Parties for the financial year ended 31st December 2014, as per list enclosed.

1. To approve the proposed transactions with the Related Parties for the financial year ending 31st December 2015, as per list enclosed.

1. To ratify the donations and charity paid for the financial year ended 31st December 2014, as per details enclosed.

1. To authorize the Board of Directors for payment, not exceeding RO. 15,000 towards donations and charity for the financial year ending 31st December 2015.

1. To elect a new Member to the Board (from the shareholders or other than the shareholders).  Those  who wishes to be elected has to fill the nomination form and submit it to the Company two days prior to the date of the Annual General Meeting latest by Wednesday 11th March 2015.  In case the nominee is amongst the shareholders of the company, he has to hold as on the date of the AGM the qualification shares of 5,000 shares as per the Company’s Articles of Association.

1. To approve the appointment of statutory auditors for the financial year ending 31st December 2015 and fixing their remuneration.

In accordance with the Company’s Articles of Association, each shareholder is entitled to give a written proxy to another person to attend the meeting and vote on his / her behalf. The Proxy form should be the one attached with the invitation to AGM.  If the authorized person is a national, it is necessary to attach a copy of his NID (Adult) and copy of passport for woman and minors, who do not have NID and copy of resident card for expatriate.  For legal entities the proxy form should be stamped and signed by an authorized signatory of the legal entity and the commercial registration and list of authorized signatories should be attached along with proxy form.  Shareholders are requested to arrive at the meeting 30 minutes before the meeting.

Chairman                                                                               Auditors                                                 Legal Advisor