Ooredoo AGM scheduled for March 9

Ooredoo Maldives has decided to hold this year's Annual General Meeting on Sunday, 9 March 2025.

The telecommunications giant’s AGM for the year 2025 will be held at 9:30pm on 9 March 2025, a Sunday.

Ooredoo stated that registered participants can attend the Annual General Meeting either online or in person at the venue, which is the Ooredoo Maldives Headquarters; Ooredoo Maldives' main office building in Hulhumalé.

Ooredoo revealed that only 50 shareholders will have the opportunity to attend the meeting in person at the Ooredoo Maldives Headquarters. In addition to this, arrangements will be made for those who wish to participate online to join the meeting through ‘Fahivote’. Ooredoo states that both those attending in person at the Ooredoo Maldives Headquarters and those participating online will be notified of this information before 6pm on Friday, 7 March 2025.

Those who have registered to attend the meeting in person can only participate at the Ooredoo Maldives Headquarters. Online participation in the meeting will be through ‘Fahivote’, the online General Meeting Management System of the Maldives Securities Depository Company Private Limited (MSD).

Ooredoo states that only those who register to participate in this year's Annual General Meeting by 9:30pm on Friday, 7 March 2025, will be able to attend.

Only those listed in the Ooredoo Maldives shareholders' register as of 2pm on 18 February 2025, will be eligible to participate in this year’s Annual General Meeting. When voting on agenda items, participants, whether in person or by proxy, will receive one vote for each share they hold. Voting will be conducted electronically through "Fahivote".

In accordance with Article 102 of the company's Articles of Association, the majority shareholder, ‘Wataniya International FZ, LLC’ - which owns 90.5 percent of the company's shares - has the power to appoint seven directors to the board. Therefore, only Wataniya International FZ, LLC will have the opportunity to vote on Agenda Item 10; Re-election of Directors to the Board of Directors.

Eligible shareholders who wish to participate in this Annual General Meeting are requested to pre-register, appoint a proxy, or cancel an appointed proxy, through MSD's online system ‘Infinity’ at https://infinity.mv/.

Shareholders attending the Annual General Meeting in person at the Ooredoo Maldives Headquarters; including those who have pre-registered, must register at the Ooredoo Maldives Headquarters between 8:45pm and 9:30pm on the day of the meeting.

When attending the meeting, Maldivians are requested to bring their National Identity Cards, and foreigners will be required to bring their passports. Ooredoo has stated that those who do not register before the start of the meeting will not be able to participate.

Shareholders and proxy holders participating online in the Annual General Meeting must log into the Fahivote system using their provided login information between 9:15pm and 9:30pm on the day of the meeting.