Oman National Engineering & Investment Co. - ONES

The Board of Directors is pleased to invite all Shareholders to attend the Annual General Meeting of the Company intended to be held at Holiday inn Muscat Hotel Hall (SUR) on Sunday 12th of March 2017 at (3) P.M to discuss and approve the followings:-

1. Study the report of Directors’ for the Fiscal Year ended 31st December 2016 and Approval.

2. Study the Corporate Governance Report for the fiscal year ended 31st December 2016 and Approval.

3. Study the Auditors’ Report, including, Balance Sheet and Profit & loss Account for the Fiscal Year ended 31st December 2016and Approval.

4. Study proposed cash dividend to shareholders by (10% ) of the issued capital equivalent (10 Bias per share) & approve.

5. Approval of sitting fees of the BOD and Its Committees for the previous financial year. And recommended sitting fees for the next year

6. Inform the AGM about the Related Parties Transactions executed in the financial year ended 31st December 2016.

7. Inform the AGM with the Amounts donated to charity organizations in the financial year ended 31st December 2016.

8. To allocate the sum of R O (15000) to support the community and charity organizations during 2017.

9. Approval of measure the performance of the Board of Directors

10. Appointment of impartial and independent third party for appraising the performance of the Board

11. Appointment of External Auditors for the financial year ending on 31st December 2017 and fixing their fees.

According to the Company’s Articles of Association, Shareholders shall have the right to depute any person to attend the meeting and vote on their behalf, as per the format issued by Muscat Depository & Clearance Company attached herein with. Adult natural persons are requested to attach the proxy with their ID card copy or passport copy for minors and women. Expatriates are requested to enclose their I D card or passport copy. Juristic person proxy should be sealed and signed by authorized signatory enclosed with CR certificate and authorized signatories form copies.

Shareholders are requested to attend the AGM venue at least half an hour prior to the fixed time.

For any inquiries, please call Mr. Abasher al galal – legal Advisor - on GSM No. 99342830 or Telephone Nos. 24396441-24396440-