Mazaya Real Estate Development - Ordinary General Assembly Meeting for the year 2021And Postpone the Extra Ordinary General Assembly 

Kindly be informed that the Ordinary General Assembly meeting for Mazaya Real Estate Development was held on Tuesday, April 19, 2022 at 9:30 pm Via Zoom cloud meetings and discussed & Approved the below agenda:
 
Item 1: Hearing the Board of Director Report on the activities of the company and its financial position for the financial year ending December 31, 2021, as well as the company’s future plans.

 
Item 2: Hearing the Sharia’a Supervisory Board report.
Item 3: Hearing & Approving the auditors’ report for the year ending December 31, 2021.
Item 4: Discussing & Approving the company’s balance sheet and profit & loss statement for the year ending December 31, 2021.

 
Item 5: approving the proposal of the board of directors not to distribute dividend.
Item 6:  Absolving the members of the Board Directors of any liability for the financial year ending December 31, 2021.
Item 7:  Discussing & Approving the company’s Governance Report for the year ending December 31, 2021.
Item 8:  Appointing the Auditors for the 2022 financial year and fix their fees.

Accordingly, all the items mentioned above have been approved.

It was approved to appoint Deloitte & Touche as the external auditors for the year 2022.

Kindly be informed that Extra Ordinary General Assembly meeting for Mazaya Real Estate Development was not held on Tuesday, April 19, 2022, for the non-availability of the required quorum. Therefore, we will inform you with the next meeting later.