NOTICE OF DEPA LIMITED ANNUAL GENERAL MEETINGApr 25 ,2012
Dubai, UAE; 25 April 2012: The Directors of Depa Limited hereby give notice that the Annual General Meeting of the Company shall be held on Thursday 17 May 2012 at 17.00 at Emirates Towers Hotel, Dubai, UAE. Registration will commence from 16.00.
The resolutions to be put forward for shareholder approval at the AGM are detailed as follows:
Resolution 1: THAT the accounts for the year ended 31 December 2011 together with the Auditors’ Report thereon be approved.
Resolution 2: THAT Riad Kamal be reappointed as a Director of the Company in accordance with the Articles of Association.
Resolution 3: THAT Orhan Osmansoy be reappointed as a Director of the Company in accordance with the Articles of Association.
Resolution 4: THAT Abdullah Al Mazrui be reappointed as a Director of the Company in accordance with the Articles of Association.
Resolution 5: THAT Chris Foll be appointed as a Director of the Company in accordance with the Articles of Association.
Resolution 6: THAT Deloitte & Touche be re-appointed as independent External Auditors of the Company to hold office from the conclusion of this meeting until the conclusion of the next general meeting at which accounts are laid.
Resolution 7: THAT KPMG be appointed as independent Internal Auditors of the Company to hold office from the conclusion of this meeting until the conclusion of the next general meeting at which accounts are laid.
Resolution 8: THAT the Directors be generally and unconditionally authorised to determine the remuneration of the Internal Auditors KPMG and the External Auditors Deloitte & Touche.
Resolution 9: THAT the remunerations and compensations of AED 240,000/- be paid to each of the Members of the Board of Directors of the Company, excluding the CEO, for the fiscal year ended 31 December 2011 thereon be approved by the company shareholders.
Only those members entered on the relevant register of shareholders at close of business on Thursday May 3 (the "Record Date") shall be entitled to vote at the AGM. Please note that a member entitled to attend and vote at the Meeting is also entitled to appoint one or more proxies to vote on their behalf. A proxy appointed in this manner need not also be a member.
You will receive further communication shortly from either Deutsche Bank or your broker/custodian regarding this process and supporting documentation, which should be distributed via your usual channels to your clients and beneficial owners to facilitate their voting and attendance at this meeting.