Board Resolution For Change In Shareholding Pattern Template for United Arab Emirates

1. Foreign Ownership Compliance: Required when the share transfer involves foreign shareholders, confirming compliance with UAE foreign ownership restrictions

2. Pre-emptive Rights Waiver: Required when existing shareholders waive their pre-emptive rights to purchase shares

3. Regulatory Approvals: Required when the transfer needs specific regulatory approvals (e.g., from Economic Department or Free Zone Authority)

4. Share Valuation: Required when the resolution needs to document the agreed value of shares being transferred

5. Conditions Precedent: Required when the share transfer is subject to specific conditions being met

6. Anti-Money Laundering Compliance: Required for significant transfers to confirm AML due diligence has been conducted

1. Schedule 1 - Current Shareholding Structure: Detailed breakdown of the current shareholding pattern

2. Schedule 2 - New Shareholding Structure: Detailed breakdown of the proposed new shareholding pattern after the transfer

3. Schedule 3 - Share Transfer Agreement: Copy or key terms of the share transfer agreement referenced in the resolution

4. Appendix A - Supporting Documents: List of all supporting documents including valuation reports, regulatory approvals, etc.

5. Appendix B - Powers of Attorney: If applicable, powers of attorney authorizing representatives to execute transfer documents

6. Appendix C - Regulatory Notifications: Templates or copies of required regulatory notifications