Board of Directors resolutions’ disclosure
Phoenix Power Company SAOG (the “Company”) advises the Capital Market Authority, the Muscat Securities Market and the investors’ community that it has resolved the following at the meeting of the Board of Directors held on 28 April 2021:
1. Approval of the quarterly unaudited financial statements for the 3-month period ended 31 March 2021 together with the Board of Directors’ Report.
2. Acceptance of the appointment of Mr. Ryosuke Tsuchiya who has more than 13 years of experience in power sectors as a member of the Board, as a representative of Axia Power Holdings B.V and as members of Audit Committee in replacement of Mr. Kosuke Tashiro with effective from 28 April 2021.
Chief Financial Officer / Disclosure Officer