Shareholders meeting statement of Xac Bank
Shareholder meeting: ( Annual )
| Date of Shareholders' meeting: |
2025-04-29 09:00 hour |
| Record date: |
2025-04-10 |
| Declaration date: |
2025-03-21 |
| Channels of public announcement /year, month, day and publication №/: |
1. Daily Newspaper -2025.03.21 №50 (7662)- Page No.4; 2. www.xacbank.mn -2025.03.21 https://xacbank.mn/article/agm-2025-announcement; 3. www.ikon.mn -2025.03.21 https://ikon.mn/n/3d8f; 4. www.facebook.com -2025.03.21 https://www.facebook.com/XacBank/posts/pfbid02wdc991Q2sm4EAQQd9j5tmxigzDq1vRp4ozrG8EyAZPwS3TrWt6aTbziTsrTCJExJl; 5. x.com -2025.03.21 https://x.com/XacBank/status/1902890946888630297/photo/1 |
| Meeting venue: |
The meeting will be organized in a hybrid format, both in-person and virtual on 29 April 2025, at the Ball Room of Shangri-La Hotel located at 19 Olympic Street, Sukhbaatar District 1, Ulaanbaatar, Mongolia |
| Meeting agenda: |
Presentation:
1. Independent Directors’ Report.
Decision items:
1. Approval of the Board Review of the Annual Operational Report of XacBank for 2024;
2. Approval of the Board Review of the Audited Financial Statements of XacBank for 2024;
3. Approval of Distribution of Final Dividend from the 2024 Year-End Bank Earnings;
4. Approval of Amendments to the Charter of XacBank:
- Separation of the Governance, Nomination, and Compensation Committee into the Nomination Committee and the Governance and Compensation Committee;
- Inclusion of Elderly fund matter;
5. Approval of Amendment Agreement to the Merger Agreement and Amendment to the Merger Terms and Conditions;
6. Approval of the Board Budget for 2025. |
| Resolution: |
Board of Directors of XacBank 2025-03-17 №R-2025-18 |
| Members of Organizing committee of the meeting: |
Chair of the Committee: Chief Auditor, Undarmaa G.; Secretary of the Committee: Officer of Board Secretariat, Tsetsgee Ts.; Members of the Committee: 1. General Counsel and Corporate Secretary, Munkhtselmeg N.; 2. Head of Financial Management, International Relations Department Tamir G.; 3. Head of Operations Department, Sansartuya G.; 4. Head of Marketing and Public Relations Department Enkhjavkhlan Kh.; 5. Head of Onsite Audit Division Binderiya B.; 6. Head of Legal Division, Munkh-Erdene E.; 7. Head of Branch and Sales Management Department Och-Erdene E.; 8. Head of Information Technology Help Desk Division, Janchivdorj G.; 9. Senior administrator of Information Technology Help Desk Division, Tuguldur G.; 10. Lawyer of Board Secretariat, Altansuvd B.; 11. Lawyer of Board Secretariat, Tselmegkhishig N.; 12. Officer of Board Secretariat, Saruultugs T.. |
| Contact number: |
+(976)-8508-1888 |
| Date of public announcement by MSE: |
2025-03-21 |
