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ANNUAL REPORT 2015

FINANCIAL STATEMENTS

1.0. RESOLUTIONS PROPOSED BY THE BOARD OF DIRECTORS TO THE ANNUAL GENERAL ASSEMBLY

EXCERPTS OF RESOLUTIONS PROPOSED TO THE ANNUAL GENERAL ASSEMBLY OF SHAREHOLDERS OF 8 APRIL 2016

PROPOSAL NO. 1

The Ordinary General Assembly of shareholders of the Bank is invited to approve the Bank’s accounts, in particular the balance sheet and the profit and loss statement as at and for the year ended on 31 December 2015, and to grant full discharge to the Chairman and members of the Board of Directors in respect of their management of the Bank’s activities during the year 2015.

PROPOSAL NO. 2

The Ordinary General Assembly of shareholders of the Bank is invited to appropriate the stand alone profits of Bank Audi sal for the year 2015 as follows:

resolution proposed by the board of directors

PROPOSAL NO. 3

In line with the aforementioned proposed resolutions, the Ordinary General Assembly of shareholders of the Bank is invited to announce a series “F” preferred shares distribution of USD 6.00 per shar e, a series “G” pr eferred shares distribution of USD 6.00 per shar e, a series “H” preferred shares distribution of USD 6.50 per shar e, and a dividend to common shar es of LBP 603 per shar e, all subject to the withholding of distribution tax, and is invited to resolve that all distributions and dividends will be paid starting 14 April 2016 to the holders of shares on record as at 13 April 2016 (“Record Date”) as per the records of Midclear sal.

1 On a stand alone basis.