Lesha Bank announces the results of the AGM. The meeting was held on 24/02/2025 and the following resolution were approved

1. The Chairman’s report on the Bank’s activities and the financial position for the financial year ended 31 December 2024, and the Bank’s business plan for the year 2025.

2. The report of the Shari'a Supervisory Board of the financial year ended 31 December 2024.

3. The External Auditor’s report on the Bank’s Financial Statements for the year ended 31 December 2024 in relation to the auditors report, Corporate Governance Report; and Internal Control Over Financial Report (ICOFR).

4. The Bank’s consolidated and audited financial statements, including the profits and losses report, and balance sheet, for the financial year ended 31 December 2024.

5. The Bank’s Annual Report for the financial year ended 31 December 2024.

6. The proposal of the Board of Directors regarding retained earning appropriation and distribution of cash dividends for the financial year ended 31 December 2024 to the shareholders with the distribution of an amount of 0.05 QAR per share equaling 5 % of nominal value of the share.

7. Discharging the members of the Board of Directors from any liability in relation to their duties and responsibilities for the financial year ended 31 December 2024 and approved their remuneration.

8. The Bank’s Corporate Governance Report for the year 2024.

9. All major transactions undertaken by the Bank during the financial year ended 31 December 2024 or on or around such date.

10. The appointment of KPMG as the Bank’s auditors for the financial year 2025 and approved their fees as per the recommendation of the Board.

11. Elected seven board members (Independent and Non-Independent) in accordance with the applicable rules and regulations for a period of three years and ratified the appointment of two board members made by the Bank’s Strategic Shareholders in accordance with article 34.2 of the Bank’s Articles of Association for a period of three years:

Independent Board Members:

1- Mr. Mohamed Yousef Al Mana

2- Mr. Meshaal Mohamed A Z Al-Mahmoud

3- Mr. Eisa Mohamed Al Mohannadi

4- Mr. Nasser Abdullah Al Misnad

Non-Independent Board Members:

1- Azum Real Estate Investment Company represented by Mr. Mohammad Ali Al-Sulaiti

2- Shaha Company for Investment and Real Estate W.L.L. represented by Mr. Hamad Ali Al Mannai.

3- Shift Company W.L.L. represented by Mr. Abdulrahman Totonji

Board Members appointed by the Bank’s Strategic Shareholders (Al Zubara Real Estate Investment Company W.L.L and Broog Trading Company W.L.L.)

1- H.E. Sheikh Faisal Thani Faisal Thani Al Thani appointed by Al Zubara Real Estate Investment Company W.L.L.

2- Mr. Nasser Ali AlHajri appointed by Broog Trading Company W.L.L.

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