Deyaar Development PJSC — AGM Information 2016

Mar 1, 2016

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Invitation to attend the annual general meeting of Deyaar Development PJSC

دعــــــوة لحضور اجتماع الجمعية العمومية السنوية لشـــركـــــة ديار للتطوير ش م ع

Deyaar Development PJSC (the Company ) Board of Directors is pleased to invite the shareholders to attend the Annual General Assembly meeting to be held on (Monday 28 March 2016 at 04:00 PM at Park Hyatt hotel, Dubai to consider the following items:

يتشررر إي ر ررر شة ر.إه ر رررلتط شي ل .اتع)يل عوة ةلس دش )ة ر.ه ر رررلس إدار شرلة ش ر )إهررر من إ ي رإلثةي ردتإ ل ر.دإعيط ر.عإ)إيط ر.هرررة)يط ) .ي تم تإ ر.هررر ط4 تم تة ر ش) ر إ ر ة شدم .اةجل تم د ر لي ي ر شق د ر 2016 / 3 / 28 ر.إ)رتق :ر.ت .م

1. Review and approve the report of the Board of Directors on the Company's activities and its financial position for the year ended on 31 December 2015.

2. Review and approve the report of the auditor of the financial position of the Company for the financial year ended on 31 December 2015.

3. Discuss and approve the Company's balance sheet and its profit and loss accounts for the financial year ended on 31 December 2015.

4. Consider the recommendation of the Board of Directors of the non-distribution of dividends for the financial year ended on 31 December 2015.

5. Absolve the board of directors for the year ended on 31 December 2015.

6. Absolve the auditors of liability for their activities for the financial year ended on 31 December 2015.

7. Appoint the auditors for the financial year 2016 and determine their remuneration.

8. To elect new members for the board of directors.

9. Special Resolution :

هإ ل تقليل إدار رإلشرلة ةش ع ر.شلتط ) إلتز ر.إ .م ر.هةط 1ة )ر.تصشيق ايهة 2015/12/ تم31ر.إ .يط ر.إةتهيط 2015/12/31رةط ر.إ .يط ر.إةتهيط تم ر ر د ل ر.ه ر رإ ل تقليل إشاق ر. ه ر ه 2ة )ر.تصشيق ايهة ر.هةط ر.إ .يط ر.إةتهيطإة اشط إيزرةيط ر.شلتط ) ه ب ر لد ح )ر.خه ئل 3ة يه ة )ر.تصشيق ا2015/12/31تم ر.ةجل تم إقتل ل إدار رإلشرلة دشرررررةط ر.إ .يط ر رررررت ش ت)زي للد ح .اه ر 4ة 2015ة /12/31ر.إةتهيط تم رط تم دلرم إ ر رط ر.إةتهي ر ر .ي ر رط ر.إ ر رررررة ر رررررررر م إدار رإلشرلة ر.ه ر رط ل ر 5ة 2015ة /12/31

2015ة /12/31 دلرم إط إشاقم ر. ه د ل ر.هةط ر.إ .يط ر.إةتهيط تم 6ة )ت شيش لتع ده ة تعيي إشاقم ر. ه د ل .اع2016 7ة رةتخ ب ل م إدار رإلشرلةة 8ة قرار خاص : 9ة لتط دإ يت)رتق إ ا ة) ر.شلت ل ر ر.ةج ر ه ر م .اش ر ه ر تإ ش ر.تعشيالل اى ده ل ر.إختصطة .إ)رتقط ر ) .ي دعش س .ع2015ر.تد ليط لا ع2

• Consider and approve amending the Company’s articles of association in line with Federal Law No 2 of 2015 concerning the Commercial Companies after obtaining the regulatory approval.

Notes:

1. Each shareholder is entitled to attend the Company’s Annual General Assembly Meeting and may authorize another person (other than a member of the Company’s Board of Directors) to attend the above mentioned meeting on behalf of the shareholder pursuant to a proxy provided that the representative does not hold in such capacity more than 5% of the Company’s share capital (persons of incomplete capacity or incapable shall be represented by

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يد)ز .إ .ه ق رر)ل ر.دإعيط ل يةيب ةه إ يخت له إ غيل ل رر م1ة إدار رإلشرلة دإقت ى ت)تي خ ص ث دل د .تت دط )يدب لال يت) ر.)تي .عشش إ س خإهررط د .إئط إ للر إ ر %رركط اى لتثل إ ع5 ر ده ه ر.صرر إي ئزر ر ر.إه ر.شلتط، )يإث ة اصم ر ايط )ت اشيه ر.ة ئد) ةه ا ة)ة ة

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their legal representatives and minors shall be represented by their parent or guardian).

1. Legal person may authorize a representative or any of his management, pursuant to a proxy from his Board of Directors or in like, to represent him at the General Assembly of the Company, the authorized person shall have the authorities granted to him in the proxy.

2. Shareholders that are registered in the Company’s share book on 27/03/2016, are entitled to attend the meeting.

3. Shareholders can review the Company’s Financial Report for the year ended 31 December 2015 and Corporate Governance Report and the proposed amendments on the Company Article of Association, are available on the Company’s website http://www.deyaar.ae. And www.dfm.ae

4. The General Assembly shall only be valid if attended by shareholders owns or represent by proxy not less than 50% of the Company's Capital. If this quorum is not achieved at the First Meeting, a Second Meeting will be held on 04/04/2016 at the same place and time and the deferred Meeting is considered valid irrespective of the number of attendees

رررررخص رال تد لو ل يك)م ل ش إإثايه ل ) ر.ق ئإي اى شرلته دإ)دب ر 2ة .اش ،الرل إ إدار شرلته ل) إ يق) إق إه، .يإثاه تم ر.دإعيط ر.عإ)إيط .اشرررررلتط ر )يت) .اشخص ر.إك)م ر.صال ي ل ر.إقللة دإ)دب الرل ر.تك)يم.

) ص ب 2016 /3 / يت) إ .ي ر.هه ر.إهد تم ي) ر ش ر.إ)رتق273ة طة ر. ق تم ر.تص)يل تم ر.دإعيط ر.عإ)إي

)تقليل )تإط ر.شل تط يإت .اإه إي رالعالل اى ر.دي ة ل ر.إ .يط .اشلتط4ة لتط م إ خال ر.إ)ا رال.تتل)ةم .اش ر )ر.تعشيالل ر.إقتل ط اى ر.ةج ر ه ر ه ر www.dfm.ae )ر.إ)ا رإل.تتل)ةم .ه)ق شدم ر.إ .م www.deyaar.ae

)ال يت) رةعق ش ر.دإعيط ر.عإ)إيط ص ي ال ر له إه إ) يإات) ل 5ة س إ للهررررلتط، تر ر . يت)رتل ر ر ررررإ ر.ش ر %يإثا) د .)ت .ط إ ال يق ع50 تم 2016/4/ ر.ةص ب تم رالدتإ ل ر ) ترةه هيت قش رالدتإ ل ر.ث ةم دت ليخ4 ة )يعتدل رإلدتإ ل ر.إؤد ص ي لي ت شش ر. لي )ر.ز إ ةكر ر.إت

ر.قلرل ر.خ ص ) ر.قلرل ر.ص شل دتغاديط لص)رل ر.إه إي ر. ي يإات) إ6ة ال يق ثالثط للد ل ر هرررررلتط ر ررررره ر.إإثاط تم ردتإ ل ر.دإعيط ر.عإ)إيط .اش ر ر.إه إطة

1. Special Resolution : is a decision made by the majority of votes of shareholders who owns at least three-quarters of the shares represented at the Annual General Assembly Meeting of the company.