2022-06-08

Notice and Invitation to attend the Ordinary General Meeting

The Board of Directors of Sohar Power Company S.A.O.G (the Company) is pleased to invite all the shareholders to attend the Ordinary General Meeting (OGM) of the Company scheduled to be held at 3 p.m. on Wednesday, 22 June 2022 at Salwa Ballroom located at Holiday Inn, Al Mawaleh, Muscat, Sultanate of Oman  and also through the electronic platform for holding general meetings in which you can access through the website of Muscat Clearing and Depository Company (MCD) (www.mcd.gov.om). In the event that the quorum was not achieved for the OGM, a second OGM shall be held at 3 p.m. on Monday, 27 June 2022 at the same address and electronic platform mentioned above to discuss the following agenda items:

Ordinary General Meeting agenda:

1. To cconsider and approve the proposal to enter into a related party transaction in accordance with the information set out in the Annexure and to authorise the executive management to undertake all necessary steps to implement this transaction.
2. To elect one (1) new member to the board of directors to fill the vacant seat. Any person who wishes to be nominated shall complete the director's nomination form and submit it to the Company at least five (5) days prior to the date of the meeting, i.e. no later than the close of business on Thursday, 16 June 2022. The candidate must ensure compliance with the established criteria for membership to the Board of Directors.

 

In accordance with the Company’s article of association and Rules for Convening General Meetings of Public Joint Stock Companies via Modern Electronic means issued by the Capital Authority Market, we would like to inform you to the following:

1. every shareholder has the right to appoint any other person as his proxy to attend the meeting and vote on his behalf by authorising such person in writing, by way of a proxy card issued by the Company. Any natural person should attach to the proxy card, a copy of his ID if adult male, and passport if female or minor who are not holding IDs and a copy of a resident card or passport for non-Omanis. For juristic persons, the proxy form shall be signed by one of the authorized signatories and sealed by the company's stamp accompanied with copies of the commercial registration certificate and the specimen signature form (if any) or ID card /residence card of the Authorized Signature.
2. Every shareholder has the right to appoint any other person as his proxy to attend the meeting and vote on his behalf through Electronic means, provided that the person has an investor number in the MCDC.

Voting on any of the items on the agenda shall begin no more than three days before the date of the General Meeting until the voting process ends on the day of the meeting. In case the shareholder balance changes by increase or decrease, the voting process will be cancelled again on the day of the General Meeting.

For more information, please contact Mr. Salah Issa al Farsi, the Company's Admin Manager, telephone number (+968) 99219419.