At the Annual General Meeting of Depa Limited held at 17.00 on 17 May 2012, the following resolutions were approved by shareholders:
Ordinary Resolutions:
Resolution 1
THAT the accounts for the year ended 31 December 2011 together with the Auditors’ Report thereon be approved
Resolution 2
THAT Riad Kamal be reappointed as a director of the Company in accordance with the Articles of Association. .
Resolution 3
THAT Orhan Osmansoy be reappointed as a director of the Company in accordance with the Articles of Association
Resolution 4
THAT Abdullah Al Marzui be reappointed as a director of the Company in accordance with the Articles of Association
Resolution 5
THAT Chris Foll be appointed as a director of the Company in accordance with the Articles of Association
Resolution 6
THAT Deloitte & Touche be re-appointed as independent External Auditors of the Company to hold office from the conclusion of this meeting until the conclusion of the next general meeting at which accounts are laid.
Resolution 7
THAT KPMG be appointed as independent Internal Auditors of the Company to hold office from the conclusion of this meeting until the conclusion of the next general meeting at which accounts are laid.
Resolution 8
THAT the directors be generally and unconditionally authorised to determine the remuneration of the Internal auditors KPMG and the External Auditors Deloitte & Touche.
Resolution 9
THAT the remunerations and compensations of AED 240,000/- be paid to the Members of the Board of Directors of the Company, excluding the CEO, for the fiscal year ended 31 December 2011 thereon be approved by the company shareholders.
Over 99% of all shares represented in person or by proxy voted in favour of these resolutions. A poll was conducted during the meeting as requested by the Chairman of the Meeting, Mr Abdullah Al Mazrui, in-line with Depa Limited’s Articles of Association.
114,400,206 shares were represented at the meeting and all shares were voted in favour of the resolutions.
65,068,218 proxy votes were handed to the Chairman of the Meeting for him to cast on behalf of Depa shareholders and in excess of 99% of all votes cast were in favour of the resolutions.
179,468,424 shares in total were represented in person or by proxy.
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