Kuwait Court of Cassation principle number 84

The committee formed pursuant to Article Five of the Decree issued on 14/8/1983 regulating the Kuwait Stock Exchange. Its competence to manage the Exchange and its power to impose the penalty of excluding shares involved in a violation of the provisions of this Law or decisions issued pursuant thereto from the quorum required for the valid convening of the company's general assembly and from voting on resolutions adopted by the assembly for two electoral terms. The committee may set the conditions, times and means by which interests in shares are disclosed.