Board Meeting no. (3/3/2025) on March 4, 2025

The Board of Directors held its meeting no. (3/3/2025) on March 4, 2025 at 3:30 pm at the headquarters of the Riffa Views Company, and issued its decisions according to the items below:

1. Approval of Meeting Minutes No. 2/3/2025 held on 11 February 2025

The Board approved the previous minutes.

2. Monthly Report of the Association Manager for January 2025

The Association Manager presented the monthly report for January 2025. Members provided comments, which were addressed by the Association Manager.

3. Approval of the Audited Financial Report for the Year Ended 31 December 2023

The Board reviewed the draft financial report for the year ended 31 December 2023. After discussion, the Board resolved to invite the external auditor (KPMG Fakhro) to attend a Board meeting to discuss the report and respond to Board members’ comments. The Association Manager was tasked with coordinating the meeting.

4. Approval of the Association’s Projects for Implementation in 2025

The Board reviewed the list of projects planned for 2025, prepared by the Association Manager in line with comments received from Board members at the previous meeting. After discussion, the Board resolved to approve the project list for 2025 as per the priorities outlined in the schedule attached to these minutes, and instructed the Association Manager to include the list in the periodic report and update it continuously.

5. Owners Requests to the Board

The Board reviewed several requests submitted by Association members and took the necessary decisions accordingly.

6. Any Other Business

Under this item, the Board discussed the request submitted by the Association Manager to postpone the date of the annual Ramadan Ghabga from 8 March to 15 March due to weather forecasts predicting a low-pressure system accompanied by thunderstorms and strong winds. After discussion, the Board approved this request.

The meeting concluded at 4:45 PM.