Annual General Meeting


A notice for the 2009 AGM will be published once details are available.


Annual General Meeting - Resolutions

Resolutions passed at AGM of Emirates NBD held on 23rd March 2008:

  • 1) Adoption of Director's Report and Auditor's Report:

    • "Resolved that the Director's Report and the Report of the Auditors for the year ending 31st December 2007 are hereby approved"

  • 2) Adoption of the Consolidated Financial Statement:

    • "Resolved that the Consolidated Financial Statement of the company for the year ending 31st December 2007 is hereby approved."

  • 3)a) Declaration of the Distribution of Cash Dividend & Bonus Shares:

    • "Resolved that distribution of 35% cash dividend and 15% bonus shares to shareholders whose names appear in the share register on 2nd April 2008 be and is hereby approved."

  • b) Amendment to Article No. 6 of Memorandum & Articles of Association as a result of increase in capital:

    • "Resolved that Article (6) of the Memorandum & Articles of Association be amended to reflect the increase in the Capital from AED 4,393,497,806 to AED 5,052,522,467 as a result of Distribution of Bonus Shares at a nominal value of AED 1 each to the shareholders, subject to obtaining the approvals required under the relevant laws & regulations be and is hereby approved."

  • 4) Absolution of Directors and Auditors:

    • "Resolved that the Board of Directors and the Auditors be absolved from responsibility for the year ended 31st December 2007."

  • 5) Grant of Approval in Terms of Article 108 of UAE Federal Law No. 8 of 1984 (as amended):

    • "Resolved that the Board of Directors be and are hereby granted approval in terms of Article 108 of UAE Federal Law No. 8 of 1984 (as amended) to participate in activities practiced by the Company."

  • 6) Appointment of Auditors:

    • "Resolved that Messrs KPMG, Ernst & Young be appointed as Joint Auditors of the Company until the conclusion of the next Annual General Meeting, to audit the accounts of the Company for the year 2008 at a remuneration not exceeding AED 1,995,000 (AED One million Nine Hundred Ninety Five Thousand only) and AED 1,490,000 (AED One million Four Hundred Ninety Thousand only) respectively."