FIMBank Plc

AGM Information • Dec 1, 2020

COMPANY ANNOUNCEMENT

The following is a Company Announcement by FIMBank p.l.c. ("FIMBank" or the "Bank") pursuant to the Malta Financial Services Authority Listing Rules 5.16 et seq.

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ANNUAL GENERAL MEETING

The Annual General Meeting of the Bank was held remotely as per Legal Notice 288 of 2020 on 30 November 2020. The Members were referred to the Agenda of the Meeting as contained in the Notice to Members dated 4 November 2020, as well as other documentation mailed out to them which may be viewed at www.fimbank.com. The Members considered and approved the following resolutions:

ORDINARY RESOLUTIONS

• 1. The Audited Accounts for the Financial Year Ended 31 December 2019, together with the Report of the Directors, the Corporate Governance Statement, the Remuneration Report and the Report of the Auditors thereon.
• 1. The appointment of KPMG Registered Auditors as auditors and the authority of the Board of Directors to fix their remuneration.
• 1. The maximum aggregate emoluments of the Directors for the Financial Year Ending 31 December 2020 be fixed at USD 450,000.
• 1. The appointment of the following persons as Directors of the Bank, subject to any applicable regulatory approvals;
  2. 1. John C. Grech
  3. 1. Masaud M. J. Hayat
  4. 1. Majed Essa Ahmed Al-Ajeel
  5. 1. Rabih Soukarieh
  6. 1. Mohamed Fekih Ahmed
  7. 1. Rogers David LeBaron
  8. 1. Osama Talat Al-Ghoussein
  9. 1. Hussain Abdul Aziz Lalani
  10. 1. Edmond Brincat
  11. 1. Abdel Karim A.S. Kabariti
  12. 1. Claire Imam

SPECIAL BUSINESS – ORDINARY RESOLUTION

1. The Supplement to the Remuneration Policy (the "Supplement") which is to be valid from the years 2020 to 2023 and which describes, in line with the new provisions of Chapter 12 of the Listing Rules, the different components of the directors' pay.

SPECIAL BUSINESS - EXTRAORDINARY RESOLUTION

• 1. The amendment to the Memorandum and Articles of Association of the Company following the changes undertaken to Article 180 of the Companies Act (Cap. 386 of the laws of Malta), which now allow for the annual accounts to be placed on the Bank's website without the need of mailing these to the Members, provided that:
  2. a. the Memorandum and Articles of Association of the Bank does not state otherwise;
  3. b. a notice of the meeting has been sent to the shareholders; and
  4. c. the shareholders are informed that the annual accounts are available on the website (and that they may nonetheless ask for a copy to be mailed to them).

The Audited Financial Statements of the Bank are available to the public and may also be viewed at www.fimbank.com.

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By order of the Board.

Andrea Batelli Company Secretary

1 December 2020