Global Telecom Holding S.A.E. Ordinary General Assembly Meeting № (1) of 2015 dated 16 June 2015

 

Total Shares Attending Percentage of Shares Attending
4026798892 76.76394175%

 


No

Resolution

Total Shares For

Total Shares Against

1

The ratification and approval ratification and approval of the Board of Directors' report regarding the activities of the Company during the fiscal year ended December 31, 2014.

3,578,779,729
(88.87406163%)

332,412,745
(8.25501233%)

2

The ratification of the financial statements for the fiscal year ended December 31, 2014.

3,578,450,659
(88.86588963%)

33,2741,815
(8.26318433%)

3

To ratify the audit report for the fiscal year ended December 31, 2014.

3,578,779,729
(88.87406163%)

332412745
(8.25501233%)

4

To approve the appointment of Mr. Ahmed Gamal Hamdellah Elatris (Mansour & Co. PricewaterhouseCoopers) as the Company's auditor for the financial year ending December 31, 2015 and determining his professional annual fees at EGP 330,000.

3,529,049,819
(87.63908786%)
381,637,640
(9.47744475%)

5

To approve the changes to the Board of directors.

3,389,550,586
(84.17481669%)
521,132,110
(12.94159763%)

6

To release the liability of the Chairman and members of the Board of Directors for the fiscal year ended December 31, 2014 and reappointing the Board of directors for three years commencing from June 16, 2015.

3,462,251,716
(85.98024905%)

448,430,980
(11.13616528%)

7

To grant an annual remuneration for each of the independent board members amounting to USD 50.000 and USD 1.500 as attendance allowance.

3,578,269,951
(88.86140200%)
332,789,758
(8.26437493%)

8

To authorize the Board of Directors to donate in excess of one thousand Egyptian pounds within a cap of EGP 5 million during the fiscal year ending December 31, 2015.

3,526,507,964
(87.57596440%)

374,684,510
(9.30477335%)

9

To approve the yearly disclosure report regarding the corrective actions for improving the financial indicators of the company and to recoup losses.

3,506,078,599
(87.06862928%)

385,113,875
(9.56377225%)

10

Resolve to approve and authorize the proposed mutual Services Agreement with Vimpelcom Ltd, and any director of the Company or whom he delegates, to sign on behalf of the Company on the Services Agreement to execute this resolution.

682,186,181*
(16.94115349%)

478,621,320
(11.88590076%)

11

To approve the reversal and write-off of management fees due from the fully owned subsidiaries in Pakistan and Bangladesh by reversing an amount of USD 28 million relating to the subsidiary in Pakistan and write-off of USD 35 million due from the subsidiary in Bangladesh which would result in increasing the equity of each subsidiary with the equivalent amounts.

3,305,118,026
(82.07805045%)

458,606,570
(11.38886203%)

 

 

*Vimpelcom abstained from voting on item 10