Notice of EGM

Bank Audi

NOTICE OF

EXTRAORDINARY GENERAL MEETING

The Board of Directors of Bank Audi s.a.l. invites all holders of Common Shares to attend an Extraordinary General Meeting to be held at 10:30 a.m. on Friday July 27, 2018 at the Bank's Head Office located at Audi Plaza, Bab Idriss, Beirut Commercial Central District, in order to examine the following agenda:

1. The cancellation of the Series "G" Preferred Shares and increase of the Bank's capital in order to round the nominal value of each individual share up to LL 1,670;

2. The amendment of the Bank's By-Laws, including, in particular articles 6 and 8, in order to reflect the foregoing;

3. The submission of the actions described in items 1 and 2 for approval by the Central Bank of Lebanon; and

4. The granting to the Chairman of the Board of Directors (acting singly) or any 2 Directors - General Managers (acting jointly) of the necessary powers in order to implement the foregoing resolutions.

The Board of Directors