SHUAA – Resolutions of General Assembly

CountryUnited Arab Emirates

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 more...