The Board of Directors of HSBC Bank Oman S.A.O.G. (here in after referred to as the “Bank”)  is pleased to invite the shareholders of the Bank to the Annual General Meeting to be held at Al Bustan Palace Hotel – Majan Ball Room at 3:00pm on Thursday 27^th March 2014 to consider the following agenda:

1.   To consider and approve the Board of Directors’ Report for the financial year ended 31 December 2013.

2.   To consider and approve the Corporate Governance Report for the financial year ended 31 December 2013.

3.   To consider the Auditors’ Report and approve the Financial Statements for the year ended 31 December 2013.

4.   To consider and approve the proposal to distribute a cash dividend of (3.8 Baisa per share).

5.   To consider and ratify the Board and Committees’ sitting fees paid during the preceding year and specify the Board and Committees sitting fees for the coming year .

6.   To consider and note the transactions carried out by the Bank with related parties during the financial year ended 31 December 2013

7.   To appoint   the statutory auditors for the financial year ending 31 December 2014 and approve their remuneration.   

8.   To fill in the single vacancy on the Board of Directors of the Bank.

a)      Any person (shareholders or  non-shareholders) who wishes to nominate herself/himself to the Board of Directors must comply with the articles of association of the Bank and the Capital Market Authority's (CMA) requirements for directors and fill in a form that can be obtained from the website of the CMA.

b)    The completed form should be delivered by no later than close of banking business (2.30 pm) on Monday, 24 March 2014 to the Bank's legal advisors, at the following address:

      Sariya Al Hady & Abdelrahman El-Nafie & Co.      1st Floor, Al Fannar Building, Building No. 569, Way No. 3009, Shatti Al Qurum, Sultanate of Oman

        Any forms received after the above date shall not be considered by the Bank. In accordance with the Bank's articles of association if the candidate is a shareholder, the candidate must own a minimum of 300,000 (three hundred thousand) shares in the Bank.

 

In accordance with the Articles of Association of the Bank, 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 Bank.  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.  Please attend at least 30 minutes prior to the meeting.  For more information, please contact the Statutory Legal Adviser, Mr. Ahmed Ghonem, telephone number +968 9724 0314.