Following due deliberation of the items listed in the agenda of the Meeting, the Annual General Assembly resolved the following:

1.            Special Resolution to amend the Company’s Articles of Association in the form presented to the shareholders and as published on the Dubai Financial Market website and the Company’s website (and attached to these minutes of meeting);

2.            to ratify the annual report of the  Board  of Directors of the Company concerning the Company’s activities for the financial year ending 31 December 2019;

3.            to ratify the auditor’s report regarding the financial year ending 31 December 2019;

4.            to ratify the Company’s financial statements including the balance sheet and the profit and loss account for the financial year ending 31 December 2019;

5.            to approve the recommendation of the Board of Directors of the Company to distribute 10.5 fils per share as cash dividends for the financial year ending31 December 2019 and noted that shareholders who are registered on the 10th day following the date of the Meeting are those shareholders who are entitled to such cash dividends;

6.            to pay the Board of Directors as remuneration AED 7,125,000 for the financial year ending 31 December 2019, to be distributed as the Board sees fit;

7.            to discharge the members of the Board of Directors from liability relating to their respective duties during the course of the financial year ending 31December 2019;

8.            to discharge the auditors from liability relating to their respective duties during the course of the financial year ending 31 December 2019;

9.            to ratify the recommendation by the Board of Directors to appoint M/s.  PricewaterhouseCoopers (PwC) in Abu Dhabi as auditors of the Company for the financial year 2020 and determine their fees of AED 658,833; and

10.          To elect the following persons as board members to the Board of Directors of the Company for the next three years:

•             Khaled Abdulla Al Qubaisi

•             H.E. DrAhmad Belhoul Al Falasi

•             Paulo Almirante

•             Mohamed Jameel Al Ramahi

•             Sebastien Arbola

•             Frederique Dufresnoy

•             Saeed Ali Khalfan Al Dhaheri

•             Mohammed Al Huraimel Alshamsi

•             Frederic Claux

2.    to ratify the auditor’s report regarding the financial year ending 31 December 2018;

4.   to approve the recommendation of the Board of Directors of the Company to distribute 9.5 fils per share as cash dividends for the financial year ending 31 December 2018 and noted that shareholders who are registered on the 10th day following the date of the Meeting are those shareholders who are entitled to such cash dividends;

6.  to discharge the auditors from liability relating to their respective duties during the course of the financial year ending31 December 2018; 

8.  to ratify the recommendation by the Board of Directors to appoint M/s.  PricewaterhouseCoopers(PwC) in Abu Dhabi as auditors of the Company for the financial year 2019 and determine their fees of AED 627,460.

To  approve the issuance of non-convertible (into shares)bond(s) or sukuk(s) of up to USD 1 billion (or equivalent), and authorize the Board of Directors to determine a date of such issuance of bond(s) or sukuk(s)provided that such date shall not exceed one year from the date of this authority, and to authorize and delegate to the Board of Directors to determine and agree the timing and relevant terms of any such issuance(s), provided that this is undertaken in compliance with the provisions of the Federal Law no. (2)of 2015 concerning the Commercial Companies and any regulations or guide lines issued by any governmental or regulatory authority pursuant to such law.

Following due deliberation of the items listed in the agenda of the Meeting the Annual General Assembly resolved by unanimous vote of the shares represented in the Meeting, the following:

1- To ratify the annual report of the  Board of Directors of the Company concerning the Company’s activities for the financial year ending 31 December 2017.

2- To ratify the auditor’s report regarding the financial year ending 31 December 2017.

3- To ratify the Company’s balance sheet and the profit and loss account for the financial year ending 31 December 2017.

4- To approve the recommendation of the Board of Directors of the Company to distribute 8 fils per share as cash dividends for the financial year ending 31 December 2017 and noted that shareholders who are registered on the 10th day following the date of the Meeting are those shareholders who are entitled to such cash dividends.

5- To discharge the members of the Board of Directors from liability relating to their respective duties during the course of the financial year ending 31 December 2017.

6- To discharge the auditors from liability relating to their respective duties during the course of the financial year ending 31December 2017.

7- To pay the Board of Directors as remuneration AED 7,125,000 for the financial year ending 31 December 2017, to be distributed as the Board sees fit.

8- To ratify the recommendation by the Board of Directors to appoint M/s. Deloitte & Touche M.E in Abu Dhabi as auditors of the Company for the financial year 2018 and determine their fees of AED 662,028.

Frederique Dufresnoy Sebastien Arbola Frederic Claux Paulo Almirante

to ratify the annual report of the  Board  of Directors of the Company concerning the Company’s activities for the financial year ending 31 December 2016;

to ratify the Company’s balance sheet and the profit and loss account of the financial year ending 31 December 2016;

to discharge the members of the Board of Directors from liability relating to their respective duties during the course of the financial year ending 31 December 2016;

to pay the Board of Directors as remuneration AED 7,125 million for the financial year ending 31 December 2016;

to elect the following persons as board members to the Board of Directors of the Company for the next three years:

H.E Dr Ahmad Abdulla Humaid Abdulla Belhoul

Ahmed Saeed Al Calily Al Ameri

Abdul Raouf Waleed AlBitar

Mohammed Al Huraimel Al Shamsi

To renew the authorization to the Board of Directors of the Company (and each person so authorized by the Board of Directors) for a one year period from the date of this General Assembly, to adopt all resolutions and actions required for converting the bonds approved for issuance by the Company at the general assembly in 2010 including executing the resolutions to increase the Company's share capital  and to amend the Company’s Articles of Association and to do all acts and things which the Board of Directors may,deem necessary or desirable to effect the resolutions passed at this general assembly of the Company.

2.  To ratify the auditors’ report regarding the financial year ending 31 December 2015;

4.  approve the recommendation of the Board of Directors of the Company to distribute six (6) fils per share as cash dividends for the financial year which ended on 31 December 2015 and resolve that shareholders who are registered on the 10th day following the date of the Meeting as those shareholders who are entitled to such cash dividends;

6.  To discharge the auditors from liability relating to their respective duties during the course of the financial year ended 31 December 2015;

8.  To ratify the recommendation by the Board of Directors to appoint M/s.  Deloitte and Touche in Abu Dhabi as auditors of the Company for the financial year 2016 and determine their fees of AED 624,900.

1. to ratify the Annual Report of the Board of Directors of the Company Concerning the Company's financial position and activities for the financial year ending 31 December 2014
2. to ratify the Auditors' Report for the financial year ending 31 December 2014
3. to ratify the Company's balance sheet and its profit and loss account for the financial year ending 31 December 2014
4. approving the recommendation of the Board of Directors of the Company to distribute five fils per share as cash dividends for the financial year which ended on 31 December 2014 and resolve that shareholders who are registered on the 10th day following the date of this meeting as those shareholders who are entitled to such cash dividends
5. to determine and pay the Board of Directors' remuneration for the financial year ending 31 December 2014
6. to discharge the members of the Board of Directors and the Auditors from liability relating to their respective duties during the course of the financial year ending 31 December 2014, and
7. to ratify the recommendation by the Board of Directors to appoint M/s. Ernst & Young in Abu Dhabi as auditors of the Company for the financial year 2015 and determine their fees.