Bank Sohar held its Ordinary Annual General Meeting of the shareholders at the Crowne Plaza- Muscat on 29^th  March 2015.The shareholders present reviewed and approved the following agenda items:

 Agenda of Ordinary General Meeting:

1- Approved the Board of Directors report, the Corporate Governance report and the Auditor’s Report and financial statements of the Bank for the financial year ended 31 December 2014.

2- Approved the distribution of cash dividends at the rate of 4% of the capital (4 baizas per share) for the year ended 31 December 2014.

3- Approved the distribution of stock dividend of 6% of the share capital (6 shares for every 100 shares).

4- Approved the report of the Sharia Supervisory Board of “Sohar Islamic” for the financial year ended 31/12/2014.

5 - Approved the recommended sitting fees for the Board of Directors and its committees’ meetings for the financial year ended December 31, 2015.

6 -  Approved payment of directors' remuneration at RO 144,800 for the year ended 31 December 2014.

7-  Approved the related parties’ transactions entered into by the bank during the financial year ended December 31, 2014.

8-  Noted the charitable donations that has been spent during the financial year  ended 31 December 2014.

 9-  Approved the Board of Directors proposal to set aside RO 100,000 for charitable and social contribution during the year 2015 and to authorize the Board of Directors to decide on the allocation of the same as it deems fit.

10- Approved the appointment of Ernst and Young as statutory auditors for the bank, and Sohar Islamic, for financial year that will end on December 31, 2015.