Empower Opens Board Nominations for 2025

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Emirates Central Cooling Systems Corporation PJSC announces the opening of nominations for its Board of Directors.

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Summary

Empower has announced the opening of nominations for its Board of Directors, allowing shareholders to participate in the company's governance.

Emirates Central Cooling Systems Corporation PJSC, widely known as Empower, has announced the opening of nominations for its Board of Directors. This significant development is set to take place from September 17, 2025, to September 29, 2025. Empower, a key player in the UAE's district cooling sector, is providing an opportunity for its shareholders to actively participate in the governance of the company.

Empower, established in 2003 and transformed into a public joint stock company in 2022, has been pivotal in providing sustainable cooling solutions across Dubai. The company continues to expand its footprint, aligning with Dubai's vision for a greener future.

The nomination process is open to individuals and shareholders who meet specific criteria, including expertise in finance, law, administration, or executive leadership. Candidates must submit their nomination forms and supporting documents via email. The company has outlined stringent conditions to ensure the integrity and suitability of potential board members.

Once the nomination period concludes, Empower will display the candidates' names and details on its website before the General Assembly meeting on October 9, 2025. This transparency ensures that shareholders are well-informed prior to making their decisions.

The opening of board nominations is a strategic move by Empower, reflecting its commitment to corporate governance and stakeholder engagement. By inviting shareholders to participate, the company is fostering a sense of ownership and accountability among its investors.

In light of these developments, Empower's future appears promising. The company's focus on sustainable practices and its strategic governance initiatives position it well for continued growth. For investors, this is a positive sign, suggesting that Empower is on a path of stability and expansion.

Considering the company's strong market position and its proactive approach to governance, the recommendation for investors is to hold their shares. Empower's ongoing initiatives and commitment to sustainability are likely to yield long-term benefits, making it a potentially rewarding investment.

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Source

Announcement Regarding the Opening of the Nomination for Board Membership

Summary

Emirates Central Cooling Systems Corporation PJSC (Empower) has announced the opening of nominations for its Board of Directors. The nomination period is from September 17, 2025, to September 29, 2025. Seven board members will be elected. Interested individuals or shareholders who meet the criteria can nominate themselves by submitting the required forms and documents via email. Candidates' details will be published on the company's website before the General Assembly meeting on October 9, 2025. Once the nomination period ends, candidates cannot transfer their nomination. The list of candidates will be shared with the Securities & Commodities Authority and the Dubai Financial Market. Candidates must have relevant experience, a clean professional record, and meet other specified criteria. Selected candidates may be interviewed by the Nomination and Remuneration Committee.

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