Based on the Capital Market Law promulgated by Royal Decree No. 80/98; and

Royal Decree No. 82/98 establishing the Muscat Clearing and Depository Company (MCDC); and

The Commercial Companies Law promulgated by Royal Decree No. 18/2019; and

Ministerial Decision No. 137/2002 on the Rules for Election of Directors of Public Joint Stock Companies and their Responsibilities; and

Decision No. 156/2002 on the Procedures and Provisions for Assignment of Rights Issue in a Capital Increase of Shares of Public Joint Stock Companies; and

The Executive Regulation of the Capital Market Law issued vide Decision No. 1/2009; and

The Rules for Accreditation of Auditors issued vide Decision No. 8/2018; and

Decision No. 10/2018 on the Rules for Constitution of Audit Committee and Appointment of Internal Auditor and Legal Advisor of Public Joint Stock Companies; and

The approval of the Board of Directors of the Capital Market Authority; and

The approval of the Ministry of Finance;

In the interest of the public;

It has been decided: