Union Coop | Resolutions of General Assembly #44

Union Coop's General Assembly approved the distribution of AED 286,443,478 in profits for the fiscal year ending December 31, 2025, including a 14% cash dividend on share capital and a 5% return on shareholder purchases.
The assembly allocated AED 6,141,932 for corporate social responsibility and approved AED 5,250,000 as board of directors' remuneration.
Shareholders approved the appointment of EY as the external auditor for the 2026 fiscal year and reviewed results regarding the potential conversion of the cooperative into a public joint-stock company.
The cash dividend payment date is scheduled for April 28, 2026, with a record date of April 17, 2026, and an ex-dividend date of April 16, 2026.