Withdrawal of a decision issued by the Ordinary General Assembly of the Investment Group Holding Company Q.P.S.C.

Investment Holding Group Q.P.S.C. announces  the withdrawal of the decision issued by the Ordinary General Assembly held on 11/4/2022, according to which the Ordinary General Assembly approved the distribution of a special remuneration to the members of the Board of Directors of Investment Group Holding Company Q.P.S.C, for their efforts to complete the acquisition transaction and their efforts during the past year, for violating the provisions of Article (119) of Commercial Companies Law No. 11 of 2015 as amended by Law No. 8 of 2021 and the circular issued by Qatar Financial Market Authority under reference No. H 6-1-2022 dated 27/1/2022. Accordingly, and in order to correct the aforementioned violation, Investment Holding Group Q.P.S.C confirms that the decision to grant the remuneration subject of the violation has been withdrawn and that it has not been and will not be paid.