Oman Cement Co. - OCOI

Invitation for Annual General Meeting

The Board of Directors of Oman Cement Company (SAOG) has the pleasure to invite the respected shareholders to attend the Annual Ordinary General Meeting on Sunday the 20th March 2016 at Oman Chamber of Commerce and Industry (Muscat Hall), at 5.00 PM, to discuss the following agenda:

First: Annual Ordinary General Meeting

1. Consideration and approval of the Report of the Board of Directors for the financial year ended 31st December 2015.

2. Consideration and approval of the Corporate Governance Report for the financial year ended 31st December 2015.

3. Consideration of the Auditors Report and approval of the Balance Sheet and Profit & Loss Account for the year ended 31st December 2015.

4. Consideration and approval of the proposal to distribute cash dividends to the shareholders existing on the date of annual general meeting at the rate of 30 % of the capital, i.e. Bzs. 0.030 per share.

5. Approval of sitting fees for the directors and sub committees for the past year and determination of sitting fees for the year 2016 (Annexure No. 2).

6. Consideration and approval of director’s remuneration at RO. 140,000 for the past year ended 31st December, 2015.

7. Inform the meeting of related party transactions during the financial year ended 31st December, 2016 for approval (Annexure No. 2).

8. Consideration and approval of related party transactions proposed for the financial year ending 31st December 2016 (Annexure No. 3).

9. Appointment of the auditors of the company for financial year ending 31st December 2016 and fixing their fees.

10- Election of 3 members of the Board of Directors of the Company. Anyone who wishes to nominate himself shall fill the form prepared for the purpose and submit it to the company 2 days prior to the General Assembly i.e. on or before 15th of March 2016. Forms submitted after the mentioned date will not be accepted. As per Articles of Association of the Company candidate should be holding 50000 shares on the date of the meeting.

The authorization to attend the general meeting and vote on its resolutions is ONLY by using the proxy attached, if the authorized is a natural person he is required to attach with the proxy card, copy of the ID for adults, passport for females and minors who do not carry ID card, and the resident card or passport for expatriates. If the proxy is a juristic person, then the proxy card shall be signed by the authorized signatories and sealed with company seal with commercial registration certificate and authorized signatories form. Shareholders are requested to be at the meeting hall at least half an hour before the time fixed for the meeting.

For queries please contact Board Secretary at Phone No. 24437070-Ext: 309 or 24437779 (direct).

Chairman, Board of Directors Legal Advisor Auditor