The Annual General Meeting (AGM) of Ooredoo Maldives was held on Wednesday, 4 March 2026 at 9.30 pm, with shareholders participating both in person and virtually.
Those attending in person gathered at the Ooredoo Maldives headquarters in Hulhumale', while others joined through the Maldives Securities Depository Company’s online meeting management system, FahiVote.
A total of 353 shareholders attended the AGM, including 144 present in person and 27 proxy holders representing 209 shareholders. In total, 144,202,029 shares were represented at the meeting, accounting for 98 percent of the company’s issued shares.
Shareholders approved the minutes of the AGM held on Sunday, 9 March 2025, the audited financial statements and auditor’s report for 2025, and the company’s directors’ report for the same year. They also approved the appointment of KPMG as auditors for 2026 and agreed on their remuneration.
The meeting approved a dividend of MVR 3.54 per share for 2025.
The majority shareholder, Wataniya International FZ-LLC, also approved the re election and appointment of Fatima Sultan Al-Kuwari to the board of directors to represent them on the board.
An election was also held to appoint a director representing general shareholders. Abdulla Ali was elected to the board, replacing Mohamed Shahid, who stepped down after serving as a director.
Ooredoo thanked Shahid for his contributions and welcomed Ali to the board.
“We would like to express our heartfelt gratitude to our shareholders for the confidence they have placed in us,” the company said.
“We are dedicated to enhancing shareholder value and generating sustainable returns while contributing meaningfully to national and community development. We remain focused on building a digitally empowered Maldives and providing superior services for all our customers.”
