2 Jul 2020 09:51
Byblos Bank S.A.L.
Announcement to shareholders - Invitation to the Annual Ordinary General Assembly of Common Shareholders
02 July 2020
The shareholders of Byblos Bank S.A.L. are invited to attend the annual ordinary general assembly to be held at the Bank headquarters in Ashrafieh, Elias Sarkis Avenue, at 09:30 AM on Tuesday, 28 July 2020, in order to discuss and decide on the matters listed on the following agenda:
1. To hear the general and special Board reports for the fiscal year 2019.
2. To hear the auditors' general and special reports for the fiscal year 2019.
3. To approve the accounts of the fiscal year 2019 and the allocation of its results.
4. To discharge the Chairman and the Board members for their administrative duties during the fiscal year 2019.
5. Election of new board members.
6. To approve the operations performed between the Board members and the Bank during the fiscal year 2019 and the contractual terms of the Board members and the Senior officers of the Bank, and to authorize the Board members, in accordance with Articles 158 and 159 of the Code of Commerce and Article 152 of the Code of Money and Credit, to carry out during 2020 all the operations described in the special report of both the Board of Directors and the auditors.
7. To determine the Auditors' remuneration for the fiscal year 2020 and the Board of Directors and Board Committee members' emoluments for the fiscal year 2020.
8. Miscellaneous
The balance sheet, inventory, profit and loss account for the fiscal year 2019, general and special reports of both the Board and the auditors for the fiscal year 2019, consolidated profit and loss account, consolidated balance sheet and relevant auditors' report, as well as the list of the shareholders will be made available to shareholders at Byblos Bank Headquarters in Ashrafieh, Elias Sarkis Avenue, during the regular business hours 16 days before the meeting.
The Board of Directors