The Board of Directors of Al Batinah Power Company SAOG (the “Company”) advises the Financial Services Authority, the Muscat Stock Exchange and the investors’ community that it has resolved the following at the meeting of the Board of Directors held on 13 February 2025:

• Approval of the audited financial statements of the Company for the year ended 31 December 2024 together with the Board of Directors’ Report and the Corporate Governance Report, and recommendation for approval of the shareholders in the forthcoming AGM.
• Approval of the Management Discussion & Analysis Report.
• Request the Shareholders in forthcoming AGM to authorize the Board of Directors’ to determine and distribute cash dividends in June 2025 and December 2025, out of the retained earnings as per the audited financial statements for year ended 31 December 2024, provided that the aggregate amount shall not exceed 8.5 Baizas per share.
• Approval to convene AGM of the Shareholders of the Company on 13 March 2025.
• Mr. Yasuhito Tsuyuguchi has resigned from Chief Financial Officer, Company Secretary, Disclosure Officer and Investor Relationship Officer of the Company effective 31 March 2025, and Mr. Faraz Kothari has been appointed as Chief Financial Officer, Company Secretary, Disclosure Officer and Investor Relationship Officer effective 1 April 2025.