The Annual General
Meeting (“AGM”) of Ooredoo Maldives Plc. (the “Company”) was held last night (Wednesday, 4th March 2026) at 21:30 hrs. Shareholders participated at the AGM both physically and virtually; physically at the Ooredoo Maldives Headquarters, K. Hulhumale’ and virtually through the Online Meeting Management System “FahiVote” of the Maldives Securities Depository Company Pvt Ltd (“MSD”).
The AGM was attended by 353 (three hundred and fifty-three) Shareholders, with 144 (one hundred and forty four) Shareholders being present in person and another 27 (twenty-seven) Proxyholders representing 209 (two hundred and nine) Shareholders. The total number of shares represented at the AGM was 144,202,029 (one hundred forty four million two hundred and two thousand and twenty-nine) shares which represents 98% of the total issued shares.
According to the Agenda of the AGM, the Shareholders approved the Minutes of the Annual General Meeting held on Sunday, 9th March 2025, the Audited Financial Statements with the Auditor’s Report for the year 2025, the Company’s Directors Report for the year 2025, the appointment of KPMG as the Auditors for the year 2026 and their remuneration.
The Shareholders approved MVR 3.54 (Three Rufiyaa Fifty-Four Laari) per share as the dividend for the year 2025. The re-election and appointment of Ms. Fatima Sultan Al-Kuwari on the Board of Directors of Ooredoo Maldives was approved by the majority Shareholder, Wataniya International FZ-LLC to represent them on the Board. We extend our sincere congratulations on her re-election and appointment and look forward to her continued guidance and contribution to the Company’s strategic direction and governance.
Additionally, during the AGM, an election was held to appoint a Director to represent the general Shareholders on the Board of Directors. We extend our heartfelt congratulations to our new Director, Mr. Abdulla Ali for being elected to the Board of Directors and look forward to his contribution towards the Company’s continued progress and success. We also take this opportunity to sincerely thank Mr. Mohamed Shahid for his contributions during his time on the Board of Directors.
We would like to express our heartfelt gratitude to our Shareholders for the confidence they have placed in us. We are dedicated to enhancing shareholder value and generating sustainable returns, while playing a meaningful role in the national and community development. We remain focused on building a digitally empowered Maldives and providing superior services for all our customers.
