Ooredoo Maldives approves MVR 3.54 dividend at 2026 AGM

Ooredoo Maldives Plc has approved a dividend of MVR 3.54 per share for the 2025 financial year at its Annual General Meeting (AGM) held on Wednesday night.

The meeting took place at 21:30 hrs on 4 March 2026, with shareholders participating both physically at Ooredoo Maldives Headquarters in Hulhumalé and virtually via the “FahiVote” online meeting system operated by Maldives Securities Depository Company Pvt Ltd (MSD).

A total of 353 shareholders attended the AGM, including 144 shareholders present in person and 27 proxyholders representing 209 shareholders. Altogether, 144,202,029 shares were represented, accounting for 98 percent of the company’s total issued shares.

During the meeting, shareholders approved several key agenda items, including:

• The minutes of the previous AGM held on 9 March 2025

• The audited financial statements and auditor’s report for 2025

• The directors’ report for 2025

• The appointment of KPMG as external auditor for 2026 and their remuneration

Shareholders also approved the re-election of Ms. Fatima Sultan Al-Kuwari to the company’s Board of Directors, representing the majority shareholder Wataniya International FZ-LLC.

In addition, Mr. Abdulla Ali was elected to the Board of Directors to represent general shareholders, following an election held during the AGM. The company thanked Mr. Mohamed Shahid for his service during his tenure on the board.

In a statement following the meeting, Ooredoo Maldives expressed appreciation to its shareholders for their continued confidence.

The company said it remains committed to enhancing shareholder value, generating sustainable returns, and supporting national and community development, while continuing efforts to build a digitally empowered Maldives and deliver improved services to customers.