BURJEEL HOLDINGS PLC

The Board of Directors of Burjeel Holdings PLC virtually convened on 07/05/2024 at 5:00 PM UAE time. The board reviewed and approved the company's financial statements for the first quarter of the financial year 2024. They also discussed other business matters that have no effect on the share price. The meeting was led by the company's Chief Executive Officer, John Sunil. The Securities and Commodities Authority (SCA) was also copied on this correspondence.

Burjeel Holdings PLC, a leading healthcare services provider in the Middle East and North Africa (MENA) region, reported double-digit revenue growth for Q1 2024. The group's revenue grew by 11% to AED 1.2 billion, with a net profit of AED 141 million, an increase of 16%. This growth was attributed to increased operational efficiencies, lower finance costs, and the early start of Ramadan. The company also reported a 22% increase in BMC revenue to AED 283 million, driven by higher patient footfall and the expansion of super-specialty services. The company continues to invest in complex care and aims to expand its healthcare infrastructure.

A letter was sent by John Sunil, the CEO of Burjeel Holdings PLC, to Dr. Maryam Buti Al Suwaidi, the CEO of the Securities and Commodities Authority in Abu Dhabi, UAE. The letter informed her of a virtual meeting of Burjeel Holdings PLC's Board of Directors scheduled for Tuesday, 7/5/2024 at 5:00PM UAE time. The agenda for the meeting included the review and potential approval of the company's financial statements for the first quarter of 2024, as well as the discussion of general business matters that do not impact the share price.

Burjeel Holdings, a leading healthcare services provider in the MENA region, has announced a long-term ESG (Environmental, Social, and Governance) strategy. The strategy, which has been approved by the company's board of directors, is designed to position Burjeel as an ethical leader in the healthcare industry. The strategy is centered around four key pillars: Healthy Environment, Healthy Community, Healthy Governance, and Healthy System. These pillars aim to promote a clean environment, well-being in the community, transparent governance, and a safe, adaptable system. This move is part of Burjeel’s mission to provide high-quality healthcare to communities in the GCC and to promote a sustainable work environment for its employees.

Burjeel Holdings PLC has announced its annual general meeting (AGM) to be held on 5th April 2024 at 3:30pm (UAE Time) at the Burjeel Hospital in Abu Dhabi, UAE, and via video conferencing. The meeting will discuss several resolutions including the approval of the company's audited annual financial statements for the financial year ended 31 December 2023, the approval of an interim cash dividend, and the approval of the Board of Director's fees and performance bonus. Other items on the agenda include absolving the Board of Directors and auditors from liability for the financial year ended 31 December 2023, and the appointment of external auditors for the financial year ending 31 December 2024. The meeting will also consider the amendment of Article 3 of the Company’s Articles of Association. Shareholders are encouraged to attend, either in person or via proxy.