Investment Holding QPSC: The Extraordinary General Meeting approves the items on the agenda

announced a company Istithmar Holding communicated the results of the Extraordinary General Meeting held on 27/11/2022, in which the following were approved:

First: The Extraordinary General Meeting ratified and approved, without any objections or reservations, the issue and the offer of up to (50%) of the capital of the company, where the issue will take place as follows: 40% through a private placement and 10% through the issue of subscription rights on Each of them will be issued in one or more tranches over the course of a year, in accordance with the applicable rules and regulations of the Qatar Financial Markets Authority, provided that the par value of each share is one (1) Qatari riyal in addition to the issue premium.

Second: The Extraordinary General Meeting ratified and agreed to authorize the Board of Directors to determine the value of the issue premium at the outset of any process through a private placement and issue of subscription rights.

Third: The Extraordinary General Meeting ratified and approved without any objection or reservation that the company, upon initiation of any subscription rights issue process and/or any private placement process, prepares an offering prospectus. Where the private placement prospectus will be similar to the offering prospectus approved in capital increase transactions by issuing subscription rights.) To be sent to investors, and will contain the specific timing for the offering.

Fourth: The Extraordinary General Meeting ratified and approved, without any objection or reservation, the issue of shares so as to ensure the achievement of the best business interests of the company, and approved the entrance of the company (and the implementation and delivery and performance by the company of its obligations under) all agreements and documents necessary to execute the issue of shares. It may also be modified, integrated, renewed or reformulated from time to time (the “Issue Documents”).

Fifth: The Extraordinary General Meeting ratified and approved, without any objection or reservation, the members’ waiver (of the pre-emptive right to subscribe for the benefit of others in connection with the private placement).

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