The Board of Directors of Assaray Trade and Investment Bank is pleased to invite the esteemed shareholders to attend the Ordinary General Assembly Meeting, followed by the Extraordinary General Assembly Meeting, to be held at Corinthia Hotel, Tripoli, on Monday, 27 October 2025, at 11:00 AM, to consider the following agenda:
I. Agenda of the Ordinary General Assembly Meeting
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- Review and discussion of the Board of Directors’ Report on the Bank’s activities for the year 2024.
- Review and discussion of the Supervisory Board’s Report for the year 2024.
- Review and discussion of the Sharia Supervisory Board’s Report for the year 2024.
- Review and discussion of the External Auditors’ Reports for the financial year ended 31 December 2024.
- Approval of the Bank’s balance sheet, income statement, and proposed profit distribution accounts for the financial year ended 31 December 2024.
- Appointment of the two audit firms to audit the Bank’s accounts for the years 2025 & 2026.
- Review and discussion of the Board of Directors’ Proposal regarding the financial benefits and remuneration of the Chairman and Board members.
- Any other business.
II. Agenda of the Extraordinary General Assembly Meeting
- Review the proposed increase in the Bank’s capital for approval and the amendments to the Articles and the Memorandum of Association
The Board of Directors wishes to note that the validity of the meetings is subject to the availability of the legal quorum for both the Ordinary and Extraordinary General Assemblies, in accordance with the Bank’s Articles of Association. Should the quorum not be met, the Ordinary and Extraordinary General Assembly Meetings will be held on the following day, Tuesday, 28 October 2025, at the same venue and time. The Ordinary General Assembly Meeting, in its second session, shall be deemed valid regardless of the number of attendees or the portion of capital they represent. The Extraordinary General Assembly Meeting, in its second session, shall be deemed valid if attended by shareholders representing more than fifty percent (50%) of the Bank’s capital.
The Board of Directors draws the attention of the shareholders to the following:
In accordance with the Bank’s Articles of Association, every shareholder has the right to attend the General Assembly either personally or by proxy, provided that the proxy is issued through a special power of attorney recently executed by a certified notary, or by a decision or authorization letter issued by the legal representative of a corporate entity, authorizing one of its representatives or officers to attend on its behalf. The power of attorney or authorization letter must be submitted to the Bank’s HQ at least two (2) days prior to the meeting for verification and approval.
Attendance of shareholders or their representatives at the meeting requires the presentation of valid identification (passport or national ID) and a current copy of the commercial registration for corporate entities.
Assaray Trade and Investment Bank
1525
