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Consolidated Financial Statements 31 December 2018

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Consolidated Financial Statements 31 December 2018 EUROPE WAVE | Page 6 Traders weigh end of Asia LNG premium Sunday, February 10, 2019 Jumada II 5, 1440 AH QNB REPORT : Page 24 GULF TIMES Fed delivers dovish message and markets BUSINESS see no hikes in 2019 QSE-listed companies step up IR eff orts in 2018, says offi cial By Peter Alagos nounced the winners of the ‘2018 place and Qatar Islamic Bank for the Business Reporter IR Excellence Programme’. The pro- third place. gramme surveyed expert opinion of QSE Listing Department direc- the domestic and international invest- tor Abdul Aziz al-Emadi said, “Qatar he Qatar Stock Exchange’s (QSE) ment community, and also featured a Stock Exchange has been actively pro- ‘Investor Relations Excellence detailed ranking of corporate investor moting IR for a number of years, we TProgramme’ has helped encour- relations websites. want to see our listed companies com- age QSE-listed companies to step-up Given the important role of chief ex- mitted to improving the fl ow of infor- their IR eff orts last year, an offi cial has ecutive offi cers in leading and driving mation in the market, because they are said. IR process eff ectively in listed compa- the corporate ambassadors for Qatar. “The IR Excellence Programme re- nies, a new category of awards was in- “As a direct result of the excellence fl ects Qatar Stock Exchange’s desire troduced to recognise the CEO’s excel- programme, we have noticed that a to achieve best international prac- lence in investor relations. number of companies have made a tice among our listed companies for a The winners are Oordeoo Group meaningful contribution to their IR ef- transparent investment environment,” (Best Qatari Company overall); QNB forts in 2018. We look forward to see- QSE CEO Rashid bin Ali al-Mansoori (Best Large Cap Company); Vodafone ing a stronger engagement from the re- said in a speech during the ‘4th Annual (Best Mid Cap Company); Al Meera maining companies to further improve IR Excellence Programme Awards’ cer- (Best Small Cap Company); Ooredoo’s the IR standards across all Qatar listed emony held in Doha on Wednesday. Sheikh Saud bin Nasser al-Thani (Best companies,” al-Emadi added. “We may all be justly proud of the chief executive offi cer), Ooredoo’s Ajay Al-Mansoori also lauded the ad- recovery in our indices last year and Bahri (Best chief fi nancial offi cer), and vanced IR level achieved by Qatari the corporate performances that drove Ooredoo’s Andreas Goldeau (Best in- listed companies, saying, “For the that recovery but the trading environ- vestor relations offi cer). fourth year running, we have rewarded Al-Mansoori joins the awardees of the QSE’s ‘2018 IR Excellence Programme’ held in Doha recently. PICTURE: Anas Khalid ment remains challenging and we must QSE also awarded the ‘Best Inves- companies and individuals that have all continue to seek ways to improve,” tor Relations Website’ category to demonstrated the highest investor re- programme is globally-benchmarked ogy and all ranking criteria were made companies to review categories and se- al-Mansoori continued. QNB, which took home the fi rst-place lations standards in the country.” against best practices to ensure a trans- public via the QSE’s website and other lection criteria and improve their inves- During the ceremony, QSE an- award, followed by Ooredoo in second Established in 2015, the excellence parent methodology. The methodol- public channels. This enabled all listed tor relations practices accordingly. Annual General Assembly, Extraordinary General Assembly, Board of Directors’ Report and Consolidated Financial Statements 31 December 2018 Invitation to the Shareholders to attend the Ordinary and Extraordinary General Meetings The Board of Directors of Ahli Bank QPSC (the “Bank”) is pleased to invite the valued Proposed Amendments to the Articles of Association shareholders to attend the Annual General Meeting to be held on Monday 25/02/2019 Article (6) before amendment Article (6) after amendment Article (52) before amendment Article (52) after amendment at 4:30 pm, at Le Crillon Ballroom, La Cigale Hotel, Doha, Qatar, to be immediately The share capital of the Company is QAR The share capital of the Company is QAR An Extraordinary General Assembly 1. An Extraordinary General Assembly followed by an Extraordinary General Meeting, to discuss the below Agenda. 2,103,604,350 (Two billion one hundred ;^VIPSSPVU[OYLLO\UKYLK meeting shall only be valid if attended by meeting shall only be valid if attended In case the quorum of either of the Annual General Meeting or the Extraordinary three million six hundred and four thirteen million nine hundred sixty four shareholders representing at least three by shareholders representing at least General Meeting is not met, the second adjourned meeting shall be held at the same [OV\ZHUKHUK[OYLLO\UKYLKÄM[`8H[HYP thousand and seven hundred eighty) quarters of the capital of the Company. If three quarters of the capital of the venue on Monday 04/03/2019 at 6:30 pm. Riyals divided into 210,360,435 (two 8H[HYP9P`HSZKP]PKLKPU[V this quorum is not present, the General Company. If this quorum is not hundred ten million three hundred sixty (Two billion three hundred thirteen million Assembly shall be called to another present, the General Assembly shall Faisal Bin AbdulAziz Bin Jassem Al-Thani [OV\ZHUKHUKMV\YO\UKYLK[OPY[`Ä]L nine hundred sixty four thousand and meeting to be held within 30 days be called to another meeting to be Chairman & Managing Director shares with the par value of ten Qatari seven hundred eighty) shares having a MVSSV^PUN[OLKH[LVM[OLÄYZ[TLL[PUN held within 30 days following the date Riyals per each as follows: par value of one Qatari Riyals per each The second meeting shall be valid if VM[OLÄYZ[TLL[PUN(UKZH]LMVY[OL Agenda of the Annual General Meeting Name Number Par Value share. attended by shareholders representing exclusion in Clause (2) of this Article /LHYPUN[OLZ[H[LTLU[VM[OL)VHYKHIV\[[OL)HUR»ZVWLYH[PVUZHUKP[ZÄUHUJPHS of Shares of Shares half the capital of the Company. If the (52), the second meeting shall be valid WVZP[PVUMVY[OLÄUHUJPHS`LHYLUKLK+LJLTILYHUKHWWYV]PUN[OLTHUK[V quorum is not present in the second if attended by shareholders Qatari Individuals, discuss the Bank’s future plans. meeting, an invitation shall be sent for a representing half the capital of the Institutions third meeting to be held after 30 days of Company. If the quorum is not present /LHYPUN[OL(\KP[VY»Z9LWVY[MVY[OLH\KP[LKÄUHUJPHSZHUK[OLÄUHSHJJV\U[MVY[OL and Others 111,360,673 1,113,606,730 the date of the second meeting. The third in the second meeting, an invitation `LHYLUKLK+LJLTILYHUKHWWYV]PUNP[ Qatar Investment meeting shall be valid regardless of the shall be sent for a third meeting to be ;VKPZJ\ZZHUKHWWYV]L[OLÄUHUJPHSZ[H[LTLU[ZMVY[OLÄUHUJPHS`LHYLUKLK (\[OVYP[` number of present shareholders. If the held after 30 days of the date of the +LJLTILYHUKHWWYV]PUN[OLT Qatar Holding 37,122,427 371,224,270 matter is related to the dissolution, second meeting. The third meeting Total 210,360,435 2,103,604,350 liquidation, transformation or merger of shall be valid regardless of the number 4. To approve the Board’s recommendation for distribution of cash dividends for the the Company, or if the project for which of present shareholders. `LHY[V[OLYLNPZ[LYLKZOHYLOVSKLYZHZH[[OL(.4H[[OLYH[LVM HUKPU the Company is founded is sold or 2. If the matter is related to the [OLMVYTVMMYLLZOHYLZVM Article (7) before amendment Article (7) after amendment otherwise disposed of, a meeting shall be dissolution, liquidation, transformation, Except for Qatar Investment Authority or Except for Qatar Investment Authority or valid only if attended by a number of /LHYPUN[OL)VHYKYLWVY[VU[OL)HUR»ZNV]LYUHUJLMVY[OL`LHYHUKHWWYV]PUN merger, or acquisition of the Company, Qatar Holding, no natural or juridical Qatar Holding, no natural or juridical shareholders representing at least three it. or if the project for which is Company person may subscribe to more than three person may subscribe to more than three quarters of the capital. 6. To absolve the Chairman and members of the Board of Directors of any liability in WLYJLU[ VM[OLZOHYLJHWP[HSVM[OL WLYJLU[ VM[OLZOHYLJHWP[HSVM[OL is founded is sold or otherwise [OLKPZJOHYNLVM[OLPYK\[PLZHUKYLZWVUZPIPSP[PLZMVY[OLÄUHUJPHS`LHYLUKLK Company or own, at any time, in excess Company or own, at any time, in excess The Board of Directors shall publish the disposed of, a meeting shall be valid +LJLTILYHUK[VHWWYV]L[OLPYMLLZ of such percentage other than by way of of such percentage other than by way of resolutions of the Extraordinary General only if attended by a number of inheritance or will. inheritance or will. Assembly if they included amendment to shareholders representing at least ;VHWWYV]L[OLHWWVPU[TLU[VM[OLL_[LYUHSH\KP[VYVM[OL)HURMVY[OLÄUHUJPHS`LHY the Articles of Association. three quarters of the capital and the 2019 and to approve its fees. Subject to the maximum permitted resolutions in any of the cases referred ownership limits per person under the to in this Clause 2 shall not be valid Agenda of the Extraordinary Annual General Meeting ÄYZ[WHYHNYHWOVM[OPZ(Y[PJSLMVYLPNULYZ unless it is approved by shareholders 1. To approve the increase of the Bank’s capital by the number of free shares approved TH`V^U\W[V VM[OL[V[HSZOHYLZVM YLWYLZLU[PUN VM[OL*VTWHU`»Z I`[OL(.4»ZYLZVS\[PVULX\HS[V HTV\U[PUN[VZOHYLZZ\JO[OH[ the Company. capital. The Board of Directors shall [OL)HUR»ZJHWP[HSILJVTLZ ZOHYLZHUK[VHTLUK(Y[PJSLVM[OL publish the resolutions of the )HUR»Z(Y[PJSLZVM(ZZVJPH[PVU[VYLÅLJ[[OLJHWP[HSPUJYLHZL Article (27) before amendment Article (27) after amendment Extraordinary General Assembly if they The Directors of the Board appointed by The Independent Director appointed in included amendment to the Articles of 2.
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