3 Apr 2009 10:01
Notice of
Annual General Assembly Meeting
The Board of Directors of Bank Audi s.a.l. - Audi Saradar Group invites all holders of ordinary shares to attend an Ordinary General Assembly Meeting to be held at 10:30 a.m. on Tuesday April 21, 2009 at the Bank's Head Office, Audi Plaza, Bab Idriss, Beirut Commercial Central District.
The agenda is as follows:
To listen to the reports of the Board of Directors and of the External Auditors in connection with the activity and financial accounts of the Company for the year 2008;
To approve the Company's accounts, in particular the balance sheet and the profit and loss statement as of and for the year ended December 31, 2008, and to grant discharge to the Chairman and members of the Board of Directors in respect of activities performed during the year ended December 31, 2008;
To appropriate the 2008 profits in accordance with the proposal of the Board of Directors, and to declare distributions to the holders of preferred shares and dividends to the holders of ordinary shares;
To ratify transactions entered into between the Company and members of the Board of Directors during the year ended December 31, 2008 pursuant to Article 158 of the Code of Commerce and Article 152 of the Code of Money and Credit, and to grant the necessary waivers pursuant to the above-mentioned Articles, as well as Article 159 of the Code of Commerce, and to allow the Company to enter into similar transactions during the coming year;
To approve the remuneration of the External Auditors;
To approve the transfer of an amount equivalent to up to LBP 150 Billion from the "Issue Premium" account to the "free reserves" account; and
To approve other matters relating to above mentioned subjects.
The Board of Directors