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Chapter One Incorporation and Objectives of the Company: Incorporation and Objectives of the Company
Article 1
Article (1) Definitions For the purposes of implementing the provisions of these Articles of Association, the following terms and expressions shall have the meanings assigned to each of them, unless the context requires otherwise: State : The United Arab Emirates. Decree by Law : Federal Decree by Law No. (30) of 2024 Regarding "Know Your Customer" Digital Platform. Commercial Companies Law : Federal Decree by Law No. (32) of 2021 Regarding Commercial Companies, as amended, and the ministerial resolutions issued in implementation thereof, and any legislation superseding the same. Ministry : The Ministry of Economy and Tourism. Central Bank : The Central Bank of the United Arab Emirates. Trade Register : The trade register of companies maintained by the Ministry. Company : The Financial Identity Company established pursuant to the provisions of the Decree by Law. Board : The Board of Directors of the Company, comprising the members appointed in accordance with the provisions of these Articles of Association. Chairman : The Chairman of the Board. Board Member : Any member of the Board of Directors of the Company, including the Chairman.
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Cabinet Resolution of 2026 Regarding the Adoption of the Articles of Association of the Financial Identity Company 4 General Manager : The person heading the executive management of the Company (irrespective of the title conferred thereupon, whether "General Manager," "Chief Executive Officer," or otherwise). Capital : The paid-up capital of the Company as set out in Article (8) of these Articles of Association. Share : Any share in the Capital. Shareholder : Any person whose name is entered in the Register of Shareholders as the owner of one or more Shares in the Company. Share Register : The register setting out the Shareholders' ownership percentages in the Company's Shares and the rights attached thereto. Registrar : The entity appointed to maintain the Share Register in accordance with Article (11) of these Articles of Association. Special Resolution : A resolution passed by a majority of the votes of Shareholders holding not less than three-quarters (3/4) of the Shares represented at the General Assembly of the Company.
