‎“Americana” GA approves BOD proposal to distribute $103.4 ‎million cash dividends for 2022‎

Americana International Restaurants Plc announced the results of the Ordinary General Assembly meeting (the first meeting), which was held yesterday, Tuesday 28-03-2023, at The Address Sky View Hotel in the Emirate of Dubai.

The results of the association’s work were as follows:

1- Approving and approving the comprehensive report of the Board of Directors on the company’s activities and financial position for the fiscal year ending on December 31, 2022.

2- Approving and approving the auditor’s report for the fiscal year ending on December 31, 2022.

3- Approving and approving the company’s budget and profit and loss account for the fiscal year ending on December 31, 2022.

4- Approval of the Board of Directors’ proposal regarding the distribution of cash dividends to shareholders for the fiscal year ending on December 31, 2022, with a total value of $103,469,850, representing (61.42)% of the capital, at $0.0123 per share.

5- Approval of the remuneration of the members of the Board of Directors in the amount of 231.1 thousand dollars, and this includes the salaries, bonuses, expenses and fees of the members of the Board of Directors as indicated in the Board Remuneration section of the Governance Report and its approval.

6- Approval of the rewards policy

7- Approval of the audit committee charter

8- Approving the release of the members of the Board of Directors from liability for the fiscal year ending on December 31, 2022.

9- Approval to release the auditors from liability for the fiscal year ending on December 31, 2022.

10- Approving the appointment of auditors for the fiscal year ending on December 31, 2023 and the first quarter of 2024, and determining their fees.

11- Any transaction with related parties was presented.