First: Extraordinary General Meeting

The Extraordinary General Meeting (EOGM) of Oman Fiber Optic Co. SAOG (OFO) was held at 03:00 p.m. on Monday 2^nd March 2015 at Company’s Office at Rusyal Industrial Estate. The EOGM was attended by the CMA delegate, in addition to the Representative of the Statutory Auditors and legal Advisor of the Company. The following resolution was passed in the meeting:

1. The shareholders unanimously approved the amendment of Articles of Association.

Second: Ordinary Annual General Meeting

The Annual General Meeting (AGM) of Oman Fiber Optic Co. SAOG (OFO) was held at 3.15 p.m. on Monday 2^nd March 2015 at Company’s Office at Rusayl Industrial Estate. The AGM was attended by the CMA delegates, in addition to the representatives of the statutory auditors and legal advisors of the company.

The following resolutions were passed in the meeting:

1. The shareholders approved the Board of Directors’ report for the financial year ended 31^st December 2014.

2. The shareholders approved the report on Corporate Governance for the financial year ended 31^st December 2014.

3. The shareholders considered the Auditors report and approved the financial statements (Statement of Financial Position and Statement of Income) for the year ended 31^st December 2014.

4. The Shareholders approved distribution of cash dividend at 35% of share nominal value (i.e. R.O 350 per share) as well as distribution of bonus share at (15%) of the issued share capital (i.e. 15 shares for each 100 shares).

5. The shareholders approved the Board of Directors & Audit Committee meeting attendance fees for the year 2014.

6. The shareholders approved the proposed meeting attendance fees for the financial year 2015.

7. The shareholders approved distribution of remuneration for the Directors at an amount of R.O 174,700/- for the year ended 31^st December 2014.

8. The shareholders approved the transactions entered into with the related parties during the financial year ended December 2014.

9. The shareholders approved the proposed transactions with related parties during the financial year ending December 2015.

10. AGM was notified with the donations made within the year ended December 2014.

11. The shareholders approved the proposed donations of RO 25,000 to various organizations towards corporate social responsibilities.

12. New Board of Directors was elected as following:

13. The shareholders appointed M/s KPMG as statutory auditors for the year ending 31^st December 2015.