SMN Power Holding SAOG

29 April 2015 Board of Directors resolutions’ disclosure

Muscat, Oman, 30 April 2015: The Board of Directors of SMN Power Holding SAOG (“the Company”) is pleased to advise the Capital Market Authority, the Muscat Securities Market and the investors’ community that it has resolved the following through a circular resolution with effect from 29 April 2015:

Pursuant to Article 98 of the Commercial Companies Law (Royal Decree No 4/74, as amended), the Board appointed Mr. Imran Sheikh as a temporary director of the Board to fill the vacancy created by the resignation of Mr. Gijs Olbrechts. Mr. Sheikh shall hold office until the next Ordinary General meeting of the Company.

The Board of Directors of SMN Power Holding SAOG welcomes Mr. Imran Sheikh and expresses all its gratitude to Mr. Gijs Olbrechts for his contribution during his tenure.