Title :

Announcing the Resolutions of Board Meeting BARKA DESALINATION

Content :

The board of directors discussed the topics listed on the agenda in its meeting no. 2 held on 29/04/2026 and passed the following resolutions.

Board of Directors’ resolutions Disclosure

Barka Desalination Company SAOG advises the Financial Services Authority, the Muscat Stock Exchange and the investors’ community that it has resolved the following at the meeting of the Board of Directors held on 29 April 2026:

 

1. Approval of the Directors Report as at 31st March 2026.

2. Approval of the Unaudited Financial Statements as at 31st March 2026.

3. Having reviewed the amount of retained earnings recorded in the audited financial statement for the year ended 31 December 2025, and considering the current financial position of the Company, the Board of Directors has determined to distribute cash dividends of 6 Baizas per share, to the shareholders of the company registered with MCDC as on the 07 May 2026.

4. Approval of Mr. Yaqoub Al Harthi’s resignation as Board Member and appointment of  Mr. Miklos Almasy as his replacement .

 

1. Approval of the appointment of SASLO to conduct Corporate Governance Training to the Board Members .

*Board meeting resolutions have to be disclosed one hour, at least, before the beginning of the next day trading session.