Investors Relations

WHO WE ARE

Ooredoo is a leading international telecommunications company delivering mobile, fixed, broadband internet and corporate managed services tailored to the needs of consumers and businesses across markets in the Middle East, North Africa and South-East Asia.

Our Mission

To provide world class, innovative communication products and services to the people of, and visitors to the Maldives.

Our Vision

Enriching people’s lives as a leading international communications company.

CORPORATE GOVERNANCE

Ooredoo Maldives ensures material compliance with the requirements of the Corporate Governance Code developed by the Capital Market Development Authority (CMDA) of Maldives. In addition, the Company is committed to achieve and promote high standards of accountability and corporate conduct. In this regard, the Company follows international best practices and has established corporate governance practices internally to enhance corporate performance.

MAJOR SHAREHOLDINGS

Major Shareholding of Ooredoo Maldives Plc as of today.

90.50%

WATANIYA INTERNATIONAL FZ-LLC

133,755,130 Shares

5.64%

MALDIVES PENSION ADMINISTRATION OFFICE

8,333,330 Shares

3.86%

OTHER SHAREHOLDERS

5,711,941 Shares

100%

TOTAL SHAREHOLDING OF THE COMPANY

147,800,401 Shares

Composition of the Board

Ooredoo Maldives Board consists of a total 8 Directors out of whom 5 are Independent, Non-Executive Directors, 1 is a Non-Independent Non-Executive Director and 2 are Executive Directors.

Pursuant to the Corporate Governance Code of Maldives (“CG Code”), the Board of Directors of Ooredoo Maldives comprises of a mix of Executive, Non-Executive and Independent Directors, with majority of the Non-Executive Directors being Independent Directors and one of the two Executive Directors being the CEO.

Ms. Fatima Sultan Al-Kuwari

Chairperson/ Independent, Non-Executive Director

Mr. Khalid Hassan M A Al-Hamadi

Managing Director/ Executive Director

Mr. George Bowring Challenor

Independent, Non-Executive Director

Mr. Vikram Sinha

Independent, Non-Executive Director

Ms. Dheena Hussain

Non-Independent, Non-Executive Director

Mr. Suresh Kalpathi Chidambaram

Non-Independent, Executive Director

Ms. Moza Mohd A Y Darwish

Independent, Non-Executive Director

Mr. Mohamed Shahid

Independent, Non-Executive Director

Board Committee

Audit and Risk Management Committee

The Audit and Risk Management Committee (the “ARC”) of Ooredoo Maldives was established in accordance with the requirements of the Corporate Governance Code (“CG Code issued by the Capital Market Development Authority of the Maldives.

Nomination and Remuneration Committee

The Nomination and Remuneration Committee (the “NRC”) of Ooredoo Maldives was established in accordance with the requirements of the Corporate Governance Code (“CG Code”) of the Maldives, to undertake all matters under its purview.

Our Team