SHUAA – Resolutions of General Assembly

SHUAA – Resolutions of General Assembly

Announcements/Resolutions

FIRST - ORDINARY RESOLUTIONS The appointment of Mr. Christopher Ward as a board member for aperiod ending with the expiry of the term of the current Board on March 2021has been approved.  SECOND - SPECIAL RESOLUTIONS 1.    It wasapproved to issue non-convertible bonds in an amount of up to USD 150 million(or an equivalent amount in AED), whether under a program or otherwise, in oneor more tranches, as a private placement through a special purpose vehicle, to be listed on a market outside the UAE, (the "Issuance“), and to authorize the Board, within oneyear from the date of the General Assembly resolution, to undertake all actionsrequired to implement the Issuance, including