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 Invitation to Annual Ordinary General Meeting

Invitation to Annual Ordinary General Meeting

The Board of Directors of HSBC Bank Oman S.A.O.G. (hereinafter referred to as the “Bank”) is pleased to invite the Shareholders of the Bank to the Annual General Meeting (AGM) to be held on Monday 30th March 2015 at 5.00 pm in Qantab Room at Al Bustan Palace Hotel, Muscat, Sultanate of Oman, to consider the following agenda:

 1.         To consider and approve the Board of Directors’ Report for the financial year ended 31 December 2014.

 2.         To consider and approve the Corporate Governance Report for the financial year ended 31 December 2014.

 3.         To consider the Auditors’ Report and approve the Financial Statements for the year ended 31 December 2014.

 4.         To consider and approve the proposal to distribute a cash dividend of 5.5 baiza per share to Shareholders at the meeting date for the year ended 31 December 2014

 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 (as in Annexure 1).

 6.         To consider and note the transactions carried out by the Bank with related parties during the financial year ended 31 December 2014 (as in Annexure 2).

 7.         To appoint the statutory auditors for the financial year ending 31 December 2015 and approve their remuneration.

 8.         To elect the Bank’s Board of Directors’.

             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 Wednesday, 25 March 2015 to the Bank's external legal advisors, at the following address:

             Nasser Al Habsi & Saif Al Mamari Law Firm, Shatti Al Qurum, Way No. 2601, Building No. 37 (Beach One), Floor 4, Office No. 402, 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 97240314.