With reference to the Announcement made by Ooredoo Maldives Plc. (“Ooredoo Maldives” or the “Company”) on Sunday, 29th December 2019 with respect to submission of applications for the post of Director on the Board of Ooredoo Maldives Plc to be elected by the general Shareholders.

Ooredoo Maldives is pleased to announce that the deadline for submitting the applications for the post of Director to represent the general shareholders on the Board of Directors of the Company, is extended until 10:00am of Saturday, 25th January 2020.

All applicants are requested to submit a duly completed application form along with the documents listed therein. The application form can be obtained from our website https://www.ooredoo.mv/investors/ or collected from Ooredoo Maldives Plc’s Head Office, 5th Floor, H. Sunleet, Boduthakurufaanu Magu, Male’, during business hours (8:30am to 4:30pm) on weekdays (Sunday to Thursday excluding public holidays).

Applications are to be submitted to Ooredoo Maldives Plc’s Head Office, 5th Floor, H. Sunleet, Boduthakurufaanu Magu, Male’, in a sealed envelope labelled “Application for Director” or sent via an e-mail to [email protected] before the extended deadline of 10:00am on Saturday, 25th January 2020.

In accordance with the Announcement made by the Company on Sunday, 29th December 2019, applicants for the post of the Director representing the general shareholders on the Board of Ooredoo Maldives should meet the below criteria:-

-      must be a shareholder of Ooredoo Maldives or be nominated by a legal entity shareholder of Ooredoo Maldives;

-      possess the qualifications and competencies specified in the Companies Act 1996 (Act No.:  10/96) and regulations made thereunder (the “Companies Act”) and the Corporate Governance Code dated 14th January 2014 (the “CG Code”), issued by the Capital Market Development Authority of the Maldives, including the criteria set out therein for an Independent Director; 

-      meet the “Fit and Proper” Guidelines for Directors of Listed Companies (“Fit and Proper Guidelines”) issued by the Capital Market Development Authority of the Maldives; 

-      be a Degree holder from an internationally recognized university; 

-      have at least 10 (ten) years of experience in a senior position within the public or private sector in the Maldives or internationally; 

-      have experience of being a Board director of at least one active company and can show a record of contribution to the Board of Directors of such company;

-      currently not serving as a director of more than 2 (two) companies listed on the Maldives Stock Exchange.

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