Ooredoo Maldives has announced that its Annual General Meeting (AGM) for the year 2025 will be held on Sunday, March 9, at 9:30 PM. Shareholders will have the option to participate either in person at Ooredoo Maldives Headquarters in K. Hulhumalé or online via the Fahivotu platform.
The company has specified that only 50 shareholders will be permitted to attend the meeting physically at the headquarters. Shareholders wishing to join the AGM online must register in advance. Both physical and virtual participants will be notified of their participation details by 6:00 PM on Wednesday, March 7, 2025.
To be eligible to attend, shareholders must register by 9:30 PM on Friday, March 7, 2025. Participation is restricted to those listed in Ooredoo Maldives' shareholder registry as of 2:00 PM on Tuesday, February 18, 2025.
Voting on agenda items will be conducted electronically via Fahivotu, with one vote per share allocated to shareholders attending in person or by proxy. As per Article 102 of the company's Articles of Association, Wataniya International FZ-LLC, the majority shareholder holding 90.5% of shares, has the exclusive right to appoint seven directors to the board.
Shareholders attending in person must complete their on-site registration at Ooredoo Maldives Headquarters between 8:45 PM and 9:30 PM on the day of the meeting. They must present a National ID card (for Maldivians) or a passport (for foreigners) for verification. Failure to register before the meeting starts will result in ineligibility to participate.
Ooredoo has also instructed online participants and proxy holders to log into Fahivotu using their credentials between 9:15 PM and 9:30 PM on the meeting day.