Bahrain Islamic Bank B S CBAHRAIN: BISB

Proxy Card for the Ordinary General Meeting for the Year 2024

· Issued by Bahrain Islamic Bank B S C

Proxy Card for the Ordinary General Meeting for the Year 2024

Ordinary General Meeting (OGM) Agenda

Item

Yes

No

Abstain

1 To approve the minutes of the previous Ordinary General meeting no (48) held on March 25, 2024.

2

To discuss and approve the Board of Director's report on the Bank's activities and its financial position for

the financial year ended December 31, 2024.

  1. To listen to the External Auditor's report for the financial year ended December 31, 2024.
  2. To listen to the Shari'a Supervisory Board's report for the financial year ended December 31, 2024.
  3. To discuss and approve the audited financial statements for the year ended December 31, 2024.
    Notification of transactions carried out during the year ended December 31, 2024, between the Bank and
  4. related parties including major shareholders of the Bank as presented in note (27) of the consolidated financial statements, pursuant to Article (189) of the Bahrain Commercial Companies Law.
    To approve the Board of Directors' recommendation to allocate the net profit of BD 5,070,026 for the year ended December 31, 2024, as follows:

a. BD 356,398 to Zakah fund and authorize the Board of Directors to distribute it.

7

b. BD 50,000 for charitable donation and authorize the Board of Directors to distribute it.

c. Transfer of BD 507,003 to the statutory reserves.

d. Transfer of BD 4,156,625 to the retained earnings.

To approve the payment of a total amount of BD 268,128 as remuneration to the Board of Directors for

the financial year ended December 31, 2024, subject to obtaining the approval of the Minister of Industry

8

and Commerce, in addition to all benefits and privileges including the sitting fees for the financial year

ending December 31, 2024, as stated in the Board of Directors Report and approving the sitting fees for

the year 2025 at a similar rate of the previous year.

9

To discuss the Bank's Corporate Governance report for the year ended December 31, 2024, as required by

the Central Bank of Bahrain.

10

To absolve the members of the Board of Directors from liability for their actions during the year ended

December 31, 2024.

11

To Re-appoint KPMG Fakhro as external auditors for the year 2025 and authorize the Board of Directors

to determine their fees.

To approve the composition of the Board of Directors for the term from March 2025 to March 2028 as

below, subject to approval by the Central Bank of Bahrain:

12

12.1. The election of four independent Board members.

12.2. The appointment of six Board members by the National Bank of Bahrain.

13

Any matter arising in accordance with Article (207) of the Bahrain Commercial Companies Law.

I / we the undersigned:

Shareholder Number:

---------------------------------------------------- CPR/CR---------------------------------------

Shareholder Name:

As a Shareholder / Shareholders in Bahrain Islamic Bank

I / we delegate Mr. / Ms. :

Number of Shares:

---------------------------------------------------- CPR/CR---------------------------------------

Date:

to represent me / us in attending the Bank's Ordinary General Meeting for the year 2024

that will be held on Monday, March 24, 2025, or any postponed dates and vote

on my / our behalf.

Contact Number:

Disclaimer: By submitting the proxy card, the proxy confirms that as of the date of

Signature:

submission, the shareholder on whose behalf the proxy is attending is not deceased.