Eshraq Investments : Results of the Board of Directors no. 6 of year 2022 held at 3h00 pm on Friday 02 September 2022.

DISCLOSURE

Results of the

Board of Directors' meeting

No. (6) of year 2022

Date: 05/09/2022

حاــــــصفإ

عامتجا جئاتن نع

ةرادلإا سلجم

2022 ةنسل )6( مقر

2022/09/05 :خيراتلا

ESHRAQ INVESTMENTS PJSC

• Date and Day of the Meeting: Friday 02/09/2022
• Number of attending Board members: 7/7
• Quorum Achieved: 100%
• Resolutions passed:

ع م ش رامثتسلال قارشإ ةكرش

2022/09/02 يف ةعمجلا :عامتجلاا مويو خيرات-

7/7 :نيرضاحلا ةرادلإا سلجم ءاضعأ-

%100 :روضحلا باصن - :ةذختملاتارارقلا-

1- Ratified and signed the Resolution by	مقر ريرمتلاب ةرادلاا سلجم رارق ىلع عقوو قداص -1
Circulation of the Board of Directors no.	؛2022/08/19 خيرات 2022/5
5/2022 dated 19/08/2022;

2- Took note and accepted the stepping down of Mr. Ajit Joshi as Delegated Managing Member of the Board while retaining his membership in the Board of Directors;

وضعلاك يشوج تيجأ /ديسلا يحنت ىلع قفاوو ملع ذخأ -2 سلجم يف هتيوضعب هظافتحا عم ةرادلإا سلجمل بدتنملا

؛ةرادلإا

3- Discussed and approved the new business	؛ةديدجلا لمعلا ةطخ ىلع قفاوو شقان -3
plan;

4- Discussed and approved the monetization of the real estate investment portfolio of the Company over the next three years through either selling them, and/or developing them and/or developing them in partnership;

ةكرشلل ةيراقعلا تارامثتسلاا نم جراختلا ىلع قفاوو شقان -4 اهعيب للاخ نم امإ ةلبقملا ثلاثلا تاونسلا ىدم ىلع

؛اهريوطت يف كراشتلا وأ/و اهريوطت وأ/و

5- Discussed and approved the draft Dividend Policy of the Company in order to present it to the next General Assembly's approval. The

لجأ نم حابرلأا عيزوت ةسايس حرتقم ىلع قفاوو شقان -5 عقوتي .ةلبقملا ةيمومعلا ةيعمجلا ةقفاوم ىلع هضرع نع سلف 2 ةميقب حابرأ ىندأ دحك عيزوت ةرادلاا سلجم

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Eshraq/151/BoD/Disclosure on ADX/Results of BoD meeting no 6 of 2022/Approving BP and Dividends policy/020922

Board anticipates a minimum dividend distribution of 2fils for 2022, 2.5fils for 2023, 3fils for 2024, 3.5fils for 2025 and 4fils for 2026;

نع سلف 3و 2023 ةنس نع سلف 2.5و 2022 ةنس نع سلف 4و 2025 ةنس نع سلف 3,5و 2024 ةنس ؛2026 ةنس

6- Discussed and agreed to buy a minimum of 3% of the Company's share capital annually through the share buyback program;

7- Approved the Charter and established an Executive Committee to assist the Board in managing the Company;

8- Reorganized the different Committees of the Board of Directors and their members;

9- Discussed and approved the Company's recruitment plan proposal to employ the required competencies.

Best regards,

Ziad Touma

Group General Counsel and Compliance Officer

مهسأ نم )مهس 84,612,993( %3 ءارش رقأو شقان -6 ؛ءارشلا ةداعإ جمانرب نمض ةنس لك ىندأ دحك ةكرشلا

	َّ		-	7
سلجم ةدعاسمل ةيذيفنت ةنجل لكشو قاثيم ىلع قفاو
َ		َ
؛ةكرشلل هترادإ يف ةرادلإا
؛اهئاضعأو ةرادلإا سلجم نم ةقثبنملا ناجللا ميظنت داعأ	-8
مادقتسلا ةكرشلل فيظوتلا ةطخ حرتقم دمتعاو شقان	-9
		.ةبولطملا تاءافكلا

.

،،، مارتحلاا قئاف لوبقب اولضفتو

اموت دايز

لاثتملاا طباضو ةعومجملل ماع راشتسم

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Eshraq/151/BoD/Disclosure on ADX/Results of BoD meeting no 6 of 2022/Approving BP and Dividends policy/020922