Muscat City Desalination Company S.A.O.C. announced at the board of directors meeting held on 8 February 2018. The directors approved the resignations of Mr. Habib Bin Husin as Director and Chairman, and Mr. Shinichi Hasegawa as Director, of the Company for personal reasons with effect from 8 February 2018. Approved the appointment of Mr. Ahmad Fuaad Bin Mohd Kenali as the Chairman of the Company with effect from 8 February 2018 and approved the appointment of Mr. Vishwanath Sankaranarayanan, a qualified chartered accountant and cost accountant with over 29 years of experience and Mr. Sultan Al Ghaithi a qualified mechanical engineer with over 19 years of experience as temporary Independent Directors of the Company to fill in the vacancies of Mr. Habib Bin Husin and Mr. Shinichi Hasegawa.

The directors proposed the payment of an interim cash dividend for an amount not exceeding 6.40 baiza (six baiza and forty hundred of a baizas) per share to the shareholders who are registered in the company's register as at a date to be determined by the Board subject to shareholders approvals. A resolution to approve the distribution of this dividend in 2018 and authorise the Board to decide the exact amount and other details of this dividend will be presented to the shareholders at the AGM to be held on 27 March 2018.