OREANDA-NEWS. Mesaieed Petrochemical Holding Company announces the results of the Ordinary General Assembly Meetings held on Wednesday, March 9th, 2016 in Le Crillon Hall, La Cigale Hotel, as follows:

1) Listen to the Chairman''''s Message for the financial year ended December 31, 2015.

2) Listen and approve the Board of Directors'''' Report on MPHC''''s operations and financial performance for the financial year ended December 31, 2015, and the future plans of the company.

3) Listen and approve the Auditors'''' Report on MPHC''''s consolidated financial statements for the financial year ended December 31, 2015.

4) Approval of MPHC''''s financial statements for the financial year ended December 31, 2015.

5) Approve the 2015 Corporate Governance Report

6) Approve the Board''''s recommendation for a dividend payment of QR 0.70 per share, representing 7% of the nominal share value.

7) Absolve the Board of Directors from responsibility for the year 2015 and approve their remuneration.

8) Appointment of Deloitte as the external auditors for the financial year ending December 31, 2016 and approve their remuneration.