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Pursuant to the provisions of the Commercial Companies Law No. (11) of 2015 as amended by Law No. (8) of 2021, the Governance Code for Companies Listed on the Main and Secondary Markets issued by the Board of Directors of the Qatar Financial Markets Authority under Decision No. (5) of 2025, and the Bank’s Articles of Association, please be informed that the nomination period for membership of the Board of Directors of Ahlibank Q.P.S.C. (the “Bank”) for the three-year term (2026, 2027, and 2028) has been opened.

The election will be held to appoint eight members to the Bank’s Board of Directors:

i) Five non-independent members who own at least 1% of the Bank’s share capital; and
ii) Three independent members.

The nomination period will remain open for fifteen (15) days, commencing at 9:00 a.m. on Wednesday, 29 October 2025, until 2:00 p.m. on Wednesday, 12 November 2025 (the “Nomination Period”).

Any person who meets the eligibility criteria and wishes to nominate themselves for membership of the Bank’s Board of Directors for the upcoming term (2026–2028) must complete and submit the nomination application, which is available at the Board Secretary Office located at Ahlibank’s Head Office, Suhaim Bin Hamad Street, Al Sadd, 3rd Floor, or may be downloaded from the Bank’s website https://www.ahlibank.com.qa.

The nomination application and all required documents must be submitted in hard copy, within the Nomination Period, to the Board Secretary. Applications submitted outside the Nomination Period, incomplete applications, or applications that are not completed within the Nomination Period will not be accepted or considered.

For any enquiries or assistance, please contact the Board Secretariat during the times mentioned above. Applicants whose nomination applications are rejected have the right to file a complaint in accordance with the procedures set out in the Complaints Procedures Rules issued by the Board of Directors of the Qatar Financial Markets Authority under Decision No. (6) of 2009, as amended by Decision No. (2) of 2018.

Eligibility Criteria for Membership of the Bank’s Board of Directors

1. The candidate must be at least 21 years of age and possess full legal capacity.
2. The candidate must not have been convicted of a criminal offence or a crime involving dishonesty or breach of trust...
3. The candidate must be a shareholder owning at least 1% of the Bank’s share capital...
4. The candidate must not have been previously declared bankrupt...
5. The candidate, or their representative, must hold a university degree or equivalent qualifications...

The Board shall, upon reviewing nomination applications, verify the candidates’ eligibility to serve as Board members and their ability to dedicate the necessary time and effort to fulfil their responsibilities.

Independence Criteria (for Natural Persons)

In accordance with Article (1) of the Corporate Governance Code for Listed Companies, an independent member is a person who enjoys full independence from the Bank, enabling them to make impartial decisions. Such independence is deemed to exist when the following minimum conditions are met:

1. Neither the candidate nor any of their first-degree relatives holds shares in the Bank...
2. Neither the candidate nor any of their first-degree relatives is a member of any group exercising control...
3. Neither the candidate nor any of their first-degree relatives has any contractual relationship...
4. The candidate must not work for or have a stake in any entity providing advisory or professional services...
5. The candidate must not be a first-degree relative of any member of the Board or senior management...
6. Neither the candidate nor any of their first-degree relatives must be currently employed by the Bank...
7. The candidate must hold a university degree and possess relevant experience of no less than five years...
8. The tenure of an independent member may not exceed two consecutive Board terms.

Note: If a Board Member fails to fulfil their responsibilities or is found to have a conflict of interest affecting their independence, the Board of Directors shall take the necessary legal measures, including possible termination of their membership and nomination of a replacement.

Documents Required for Nomination

First: For Natural Persons

1. Duly completed nomination application, including all forms, declarations, and undertakings.
2. Proof of identity of the candidate (Qatari ID, passport, etc.).
3. A valid certificate of good conduct at the time of submission.
4. Financial credit report of the candidate issued by the Qatar Credit Bureau.
5. Shareholding certificates or confirmation of ownership, depending on candidate type.
6. A declaration confirming non-duplication of positions.
7. Updated and detailed Curriculum Vitae.

Second: For Legal Entities

1. A nomination letter naming the representative of the legal entity.
2. A valid commercial registration or equivalent.
3. A valid establishment card for the legal entity.
4. Financial credit report issued by the Qatar Credit Bureau.
5. A certificate confirming ownership of at least 1% of the Bank’s share capital.
6. A declaration confirming no dual positions.
7. A valid Certificate of Good Conduct for the representative.
8. Identification document for the representative.
9. Updated and detailed Curriculum Vitae of the representative.
10. Beneficial Ownership Identification Form for the legal entity.

All requirements and nomination documents are detailed in the nomination applications published on the Bank’s website.

For further information or any enquiries, please contact the Office of the General Counsel – Board Secretary at +974 4423 2321.

Faisal Bin AbdulAziz Bin Jassim Al-Thani
Chairman