Orient Takaful PJSC — AGM Information 2021

Nov 15, 2021

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Invitation to attend the General Assembly Meeting of Orient UNB Takaful (PJSC)

The Board of Directors of Orient UNB Takaful Company (PJSC) is pleased to invite shareholders to attend the General Assembly Meeting of the Company at 11 AM on Tuesday 07/12/2021 through Video Conference to consider the following agenda:

1. Present to the Shareholders the results and recommendations of the Legal Counsel and Financial Advisor regarding the acquisition offer submitted by Orient Insurance (PJSC.) on non-owned shares in Orient UNB Takaful (PJSC.).

2. Present to the shareholders, the Board's recommendation regarding the acquisition offer submitted by Orient Insurance Co (PJSC.) for non-owned shares in Orient UNB Takaful (PJSC.), with explanation of the impact of the acquisition offer against the company, accompanied by the recommendation of the appointed evaluator.

Notes:

1. Any shareholder who has the right to attend the General Assembly may delegate any person other than a member of the Board of Directors under a special written proxy. In such capacity, no proxy may represent more than 5% of the shares in the capital of the Company. Shareholders who lack capacity or competency shall be represented by their legal representatives. (The requirements of sections 1 and 2 of Article 40 of Chairman of Authority’s Board of Directors’ Decision no. (3/R. M) of 2020 concerning Approval of Joint Stock Companies Governance Guide shall be applicable).

2. A legal person may delegate one of its representatives or those in charge of its management by virtue of a decision of its Board of Directors or a person acting on his behalf, to represent him in the company’s general assembly, and the delegated person shall have the powers determined by the delegation decision.

3. Attendance is available to all shareholders through the video communication program (MS Teams) to discuss all items, submit inquiries and respond to them, and vote on each decision directly.

4. Shareholders wishing to attend must send a confirmation of attendance with supporting documents to the e-mail sundaram.rajaraman@orientunbtakaful.ae , and a link to attend the meeting will be sent to the e-mail address from which the confirmation message was received. For initial contact and more inquiries, shareholders can call 058-2162212.

5. Shareholders registered in the Shareholders register on the working day preceding the holding of the company’s general assembly corresponding to on Monday 06 /12/ 2021 shall be entitled to vote in the General Assembly Meeting.

6. Shareholders can view the letter of intent for acquisition received from Orient Insurance Co PJSC on the Dubai Financial Market website www.dfm.ae and the company’s website www.orientunbtakaful.ae.

7. The meeting of the general assembly is not valid unless attended by shareholders who own or represent by proxy at least 50% of the company’s capital. If this quorum is not present in the first meeting, the second meeting will be held on 14/12/2021 at the same place and time.

8. Guide to Investors’ Rights in Securities, is available on the main page on the Authority’s official website, according to the following link: https://www.sca.gov.ae/en/services/minority-investor-protection.aspx

Board of Directors