ग्लोबल आइएमई बैंक लिमिटेडको २० औं वार्षिक साधारण सभा सम्बन्धी सूचनाGlobal IME Bank Limited: 20th Annual General Meeting Notice

Global IME Bank Ltd.

Notice of the 20th Annual General Meeting

Dear Shareholders,

This is to inform all shareholders that the 474th meeting of the Board of Directors of this Bank held on Monday, Bhadra 22, 2083 has decided to convene the 20th Annual General Meeting of the Bank on the following date, time, and venue to discuss and decide on the proposals mentioned below, in accordance with Section 67 of the Companies Act, 2063.

1. Date, Time, and Venue of the Meeting:

Date: Friday, Ashwin 16, 2083 (corresponding to October 2, 2026)

Time: 9:00 AM

Venue: Nepal Police Club, Bhrikutimandap, Kathmandu.

2. Agenda for Discussion:

a) Ordinary Resolutions:

1) To approve the Annual Report presented by the Chairman on behalf of the Board of Directors.

2) To approve the Balance Sheet, Profit and Loss Account, and Cash Flow Statement along with other financial statements for the fiscal year 2082/83, together with the Auditor's Report.

3) To approve the consolidated financial statements of the Bank including its subsidiaries Global IME Capital Ltd., Global IME Laghubitta Bittiya Sanstha Ltd., and Global IME Securities Ltd. for the fiscal year 2082/83.

4) To approve the proposal of the Board of Directors to distribute a 6 percent cash dividend (including bonus shares and tax on cash dividend) from the accumulated profit up to the fiscal year 2082/83.

5) To appoint the external auditor for the fiscal year 2083/84 and fix their remuneration in accordance with Section 111 of the Companies Act, 2063.

6) Information regarding the appointment of an Independent Director.

b) Special Resolutions:

1) To approve the proposal of the Board of Directors to distribute a 4 percent bonus share from the accumulated profit as of Ashadh end, 2083, and to increase the issued and paid-up capital accordingly, and to amend the Memorandum and Articles of Association.

2) To delegate full authority to the Board of Directors to make necessary additions, deletions, or amendments to the Memorandum and Articles of Association as directed by the regulatory authorities.

c) Miscellaneous.

By Order of the Board of Directors

Company Secretary

Global IME Bank Limited

Brief Annual Financial Statements for the Fiscal Year 2082/83

Published for the purpose of Section 84 (4) of the Companies Act, 2063

(This brief annual financial statement is only a summary of the annual financial statements, the company's annual financial statements, and the Board of Directors' report)

Dear Shareholders,

For the purpose of the 20th Annual General Meeting of Global IME Bank Limited, we hereby present the overview of the Bank's overall business through this brief annual financial statement, including the consolidated financial position (balance sheet) and consolidated profit and loss statement for the fiscal year 2082/83.

a) Overview of Business for the Fiscal Year 2082/83

The key financial highlights in comparison are as follows:

(Amount in Rs. Ten Million)

Particulars End of Ashadh 2083 End of Ashadh 2082 Increase Percentage (%)
Paid-up Capital	38,116	36,129	1,987
Total Deposits	4,54,047	3,75,022	79,025
Total Loans	3,78,840	3,40,122	38,718
Reserves and Funds	31,496	28,513	2,983
Net Interest Income	16,206	16,650	(444)
Operating Profit	9,600	9,324	276
Net Profit	6,067	5,433	634
According to the above table, the Bank's deposits, loans, and reserves have shown satisfactory growth as of Ashadh end, 2083 13	60	6	70

b) Auditor's Opinion

The auditors have submitted their report with an opinion that the consolidated financial position (balance sheet), consolidated profit and loss statement, consolidated cash flow statement, and consolidated statement of changes in equity of the Bank for the fiscal year 2082/83, along with the related notes and disclosures, present a true and fair view in accordance with the directives issued by Nepal Rastra Bank and generally accepted accounting principles.

Statement of Financial Position (Balance Sheet) as of Ashadh End, 2083

(Amount in Rs.)

Assets Note Group Current Year Group Previous Year Bank Current Year Bank Previous Year

Cash and Cash Equivalents	4.1	17,348,680,075	5,347,088,113	17,651,515,080	5,280,172,287
Balances with Nepal Rastra Bank	4.2	22,148,067,906	22,144,846,286	22,148,067,906	22,144,846,286
Balances with Banks and Financial Institutions	4.3	-	-	-	-
Derivative Financial Instruments	4.4	17,848,022,602	17,987,925,901	17,848,022,602	17,987,925,901
Other Trading Assets	4.5	1,782,388,364	1,444,415,768	-	-
Loans and Advances to BFs	4.6	15,503,163,625	15,361,133,713	17,924,652,705	15,707,133,713
Loans and Advances to Customers	4.7	371,559,693,945	335,242,666,137	371,088,337,447	340,121,933,500
Investment Securities	4.8	143,515,411,504	148,470,184,171	143,570,141,164	148,417,825,271
Current Tax Assets	4.9	4,162,854,067	2,647,748,135	3,811,887,915	2,341,021,181
Investment in Subsidiaries	4.10	-	-	775,000,000	775,000,000
Investment in Associates	4.11	2,117,961,401	1,315,324,203	1,392,771,277	1,315,324,203
Investment Properties	4.12	5,707,797,724	6,067,606,415	5,991,351,680	6,052,160,771
Property, Plant and Equipment	4.13	5,275,112,457	5,392,715,704	5,270,027,155	5,387,947,805
Intangible Assets	4.14	242,074,609	264,290,235	242,010,777	264,177,941
Deferred Tax Assets	4.15	927,136,116	-	862,348,119	-
Other Assets	4.16	6,744,054,977	8,036,756,780	6,122,157,982	7,332,121,904
Total Assets |	614,975,043,290	569,922,121,262	610,812,271,029	568,030,199,462
Liabilities
Due to Banks and Financial Institutions	4.17	30,665,911,998	24,383,935,464	31,268,813,732	24,447,835,464
Derivative Financial Instruments	4.18	17,848,022,602	17,987,925,901	17,848,022,602	17,987,925,901
Due to Customers	4.19	454,047,361,978	375,022,416,110	453,604,904,646	374,062,402,193
Borrowings	4.20	22,672,768,978	22,728,968,978	22,672,768,978	22,728,968,978
Current Tax Liabilities	4.21	-	-	-	-

Provisions 4.22 - - - -

Deferred Tax Liabilities	4.15	-	171,707,587	-	165,131,213
Other Liabilities	4.23	11,530,330,770	9,707,380,580	9,468,178,145	8,135,926,237
Debt Securities Issued	4.24	15,310,330,170	15,310,330,170	15,310,330,170	15,310,330,170
Redeemable Preference Shares	4.25	-	-	-	-
Subordinated Liabilities	4.26	-	-	-	-
Total Liabilities |	552,074,726,496	465,312,664,790	550,172,998,273	462,838,519,956
Equity
Share Capital	4.27	38,116,026,866	36,129,026,866	38,116,026,866	36,129,026,866
Share Premium	4.28	-	-	-	-
Retained Earnings |	5,377,733,936	4,211,200,560	4,915,732,455	4,054,821,079
Reserves	4.29	19,406,556,022	24,269,229,046	17,607,513,435	24,997,831,561
Total Equity Attributable to Equity Holders |	62,900,316,824	64,609,456,472	60,639,272,756	65,181,679,506
Non-Controlling Interest	4.30	-	-	-	-
Total Equity |	62,900,316,824	64,609,456,472	60,639,272,756	65,181,679,506
Total Liabilities and Equity |	614,975,043,290	569,922,121,262	610,812,271,029	568,030,199,462
Net Assets Value per Share	4.42	165.02	178.83	159.11	180.41
Consolidated Profit or Loss Statement for the Period from Shrawan	1,	2082	31,	2083

(Amount in Rs.)

Particulars Note Group Current Year Group Previous Year Bank Current Year Bank Previous Year
Interest Income	4.31	46,780,701,354	47,907,043,734	47,305,675,424	47,930,140,241
Interest Expense	4.32	30,574,588,072	31,256,991,637	31,106,234,921	31,280,211,243
Net Interest Income |	16,206,113,282	16,650,052,097	16,199,440,503	16,649,929,027
Fee and Commission Income	4.33	4,992,057,516	4,341,043,341	4,340,462,341	3,841,341,341
Fee and Commission Expense	4.34	1,182,079,777	965,305,296	1,034,206,164	965,305,296
Net Fee and Commission Income |	3,809,977,739	3,375,738,045	3,306,256,177	2,876,036,045
Net Interest, Fee and Commission Income |	20,016,091,021	20,025,790,142	19,505,696,680	19,525,965,072
Net Trading Income	4.35	1,282,256,401	1,191,211,672	1,282,256,401	1,191,211,672
Other Operating Income	4.36	444,092,484	444,092,484	440,512,474	440,512,474
Total Operating Income |	21,742,439,906	21,661,094,298	21,228,465,555	21,157,689,218
Impairment Charge/(Reversal) for Loan and Other Losses	4.37	4,732,447,146	4,732,447,146	4,732,447,146	4,732,447,146
Net Operating Income |	17,009,992,760	16,928,647,152	16,496,018,409	16,425,242,072
Personnel Expenses	4.38	5,513,292,200	4,791,555,555	5,034,056,404	4,611,555,555
Other Operating Expenses	4.39	2,480,377,221	2,480,377,221	2,403,261,034	2,403,261,034
Depreciation & Amortization	4.40	810,303,021	810,303,021	805,562,862	805,562,862
Operating Profit |	9,600,020,318	9,324,411,355	9,253,138,109	9,054,862,621
Non-Operating Income	4.41	232,982,830	29,783,229	128,314,165	29,783,229
Non-Operating Expenses	4.42	22,162,407	17,600,919	17,140,664	17,600,919
Profit Before Income Tax |	9,810,840,741	9,336,593,665	9,364,311,610	9,067,044,931

Income Tax Expense 4.15 | |

Current Tax |	2,742,974,055	2,746,911,715	2,698,443,067	2,628,670,178
Deferred Tax |	(1,032,754,213)	(353,112,202)	(962,706,027)	(328,340,024)
Profit for the Period |	6,067,930,149	5,433,510,711	6,039,762,842	5,071,374,812
Profit Attributable to:
Equity Holders of the Bank |	6,142,844,991	5,505,248,468	-	-
Non-Controlling Interest |	(74,914,842)	(71,737,757)	-	-
Profit for the Period |	6,067,930,149	5,433,510,711	6,039,762,842	5,071,374,812

Earnings per Share 4.42 | |

Basic Earnings per Share |	15.92	15.04	15.84	14.04
Diluted Earnings per Share |	15.92	15.04	15.84	14.04
Consolidated Statement of Other Comprehensive Income for the Period from Shrawan	1,	2082	31,	2083

(Amount in Rs.)

Particulars Group	Current Year Group	Previous Year Bank	Current Year Bank	Previous Year
Profit for the Period	6,067,930,149	5,433,510,711	6,039,762,842	5,071,374,812

Other Comprehensive Income, Net of Income Tax | |

a) Items that will not be reclassified to profit or loss | |

Gain/(Loss) on Re-measurement of Defined Benefit Plans	(18,688,600)	208,910,603	(2,162,124)	208,910,603
Gain/(Loss) on Revaluation of Property	-	-	-	-
Equity Instruments at Fair Value through OCI	10,804,135	-	-	-
Income Tax Relating to Above Items	(12,584,623)	(62,673,181)	888,664	(62,673,181)
Total Other Comprehensive Income, Net of Tax (Non-Reclassifiable)	6,034,101	146,237,422	(2,073,460)	146,237,422

b) Items that are or may be reclassified to profit or loss | |

Gain/(Loss) on Financial Assets Available for Sale	-	-	-	-
Gain/(Loss) on Debt Instruments	-	-	-	-
Reclassified to Profit or Loss	-	-	-	-
Other Comprehensive Income	-	-	-	-
c) Share of Other Comprehensive Income of Associates	-	-	-	-
d) Income Tax Relating to Above Items	-	-	-	-
Total Comprehensive Income for the Period	6,073,964,250	5,579,748,133	6,037,689,382	5,217,612,234

Total Comprehensive Income Attributable to: | |

Equity Holders of the Bank	6,148,879,092	5,651,485,891	-	-
Non-Controlling Interest	(74,914,842)	(71,737,757)	-	-
Total Comprehensive Income for the Period	6,073,964,250	5,579,748,133	6,037,689,382	5,217,612,234
Consolidated Cash Flow Statement for the Period from Shrawan	1,	2082	31,	2083

(Amount in Rs.)

Particulars Group Current Year Group Previous Year Bank Current Year Bank Previous Year

Cash Flows from Operating Activities | |

Interest Received	33,955,413,595	39,811,284,738	34,479,387,663	38,843,981,286
Fees and Other Income Received	5,006,262,050	4,341,043,341	4,340,462,341	3,841,341,341
Dividend Received	-	-	-	-
Receipts from Other Operating Activities	1,633,792,784	1,685,496,768	1,633,792,784	1,685,496,768
Interest Paid	(25,414,650,381)	(25,162,520,930)	(25,946,295,230)	(25,186,742,537)
Commission and Fees Paid	(1,101,682,257)	(965,305,296)	(1,034,206,164)	965,305,296
Cash Payment to Employees	(5,175,177,775)	(4,791,555,555)	(4,697,942,055)	(4,611,555,555)
Other Operating Expenses Paid	(2,677,577,055)	(2,480,377,221)	(2,600,461,034)	(2,410,161,034)
Operating Cash Flows Before Changes in Operating Assets and Liabilities	6,226,380,961	11,738,070,345	6,174,738,105	10,197,054,073

(Increase)/Decrease in Operating Assets

Balances with Nepal Rastra Bank	(6,534,514,652)	(8,347,541,652)	(6,534,514,652)	(8,347,541,652)
Balances with Banks and Financial Institutions	-	-	-	-
Other Trading Assets	(142,315,453)	3,533,221	-	-
Loans and Advances to BFs	(1,962,301,199)	(2,046,111,199)	(1,962,301,199)	(2,046,111,199)
Loans and Advances to Customers	(36,317,026,811)	(25,947,942,055)	(30,966,403,947)	(25,947,942,055)
Other Assets	(4,977,544,289)	(10,924,966,784)	(4,807,213,943)	(10,924,966,784)

Increase/(Decrease) in Operating Liabilities

Due to Banks and Financial Institutions	(41,480,456)	(41,480,456)	(41,480,456)	(41,480,456)
Due to Customers	6,910,000,000	6,910,000,000	6,910,000,000	6,910,000,000
Borrowings	79,024,945,867	66,172,733,000	79,542,502,453	66,172,733,000
Other Liabilities	(56,200,000)	(56,200,000)	(56,200,000)	(56,200,000)
Provisions	7,008,147,537	7,991,227,567	7,528,902,007	7,991,227,567

129,555,531,837 79,721,036,099 129,608,134,452 78,723,317,078

Net Cash Flow from Operating Activities Before Tax	41,224,942,211	30,074,113,202	41,392,805,331	28,814,011,070
Income Tax Paid	(2,647,748,135)	(2,647,748,135)	(2,341,021,111)	(2,341,021,111)
Net Cash Flow from Operating Activities	38,577,194,076	27,426,365,067	39,051,784,150	26,472,989,889
Cash Flows from Investing Activities
Purchase of Investment Securities	(34,563,149,703)	(37,231,921,233)	(34,563,149,703)	(37,231,921,233)
Proceeds from Sale of Investment Securities	51,460,782	171,155,931	51,460,782	51,460,782
Purchase of Property, Plant and Equipment	(651,901,851)	(1,064,448,477)	(651,901,851)	(1,064,448,477)
Proceeds from Sale of Property, Plant and Equipment	-	-	-	-
Purchase of Intangible Assets	(2,717,853)	(12,711,577)	(2,717,853)	(12,711,577)
Proceeds from Sale of Intangible Assets	-	-	-	-
Purchase of Investment Properties	-	(1,160,060,438)	-	(1,160,060,438)
Proceeds from Sale of Investment Properties	404,056,751	-	404,056,751	-
Interest Received	7,912,051,044	9,007,000,731	7,912,051,044	9,007,000,731
Dividend Received	252,248,141	150,125,586	211,375,555	150,125,586
Net Cash Used in Investing Activities	(26,797,951,910)	(29,339,964,894)	(26,753,021,213)	(29,339,964,894)
Cash Flows from Financing Activities
Proceeds from Debt Securities Issued	-	-	-	-
Repayment of Debt Securities	-	-	-	-
Proceeds from Borrowings	-	-	-	-
Repayment of Borrowings	-	-	-	-
Proceeds from Share Capital	-	-	-	-
Dividend Paid	(3,071,467,738)	-	(3,041,268,209)	-
Interest Paid	(2,947,741,937)	(2,477,054,753)	(2,947,741,937)	(2,477,054,753)
Net Cash Used in Financing Activities	(6,019,209,675)	(2,477,054,753)	(5,989,010,146)	(2,477,054,753)
Net Increase/(Decrease) in Cash and Cash Equivalents	5,759,912,490	(4,390,654,580)	6,309,752,791	(5,344,029,758)
Cash and Cash Equivalents at Shrawan 1	5,347,088,113	9,737,710,673	5,280,172,287	10,624,178,025
Effect of Exchange Rate Changes on Cash and Cash Equivalents	11,979,472	4,032,020	11,979,472	4,032,020
Cash and Cash Equivalents at Ashadh End	11,119,039,075	5,347,088,113	11,601,904,550	5,280,172,287

Bank's Distributable Profit/Loss for the Fiscal Year 2082/83

(Amount in Rs.)

Particulars Current Year Previous Year
Net Profit/(Loss) as per Profit and Loss Statement	6,039,762,842	5,071,374,812
Appropriations
(a) General Reserve	(1,207,952,568)	(1,014,274,962)
(b) Exchange Fluctuations Fund	(2,619,073)	(2,200,377)
(c) Debenture Redemption Reserve	(127,773,778)	(127,773,778)
(d) Corporate Social Responsibility Fund	(60,397,628)	(50,713,748)
(e) Employees Training and Capacity Development Fund	(23,606,211)	(1,207,400)
(f) Others	1,565,830	-
Profit/(Loss) Before Regulatory Adjustments	4,622,979,414	3,875,224,547
Regulatory Adjustments
(a) Interest Receivable +/- Previous Interest Received (+)	157,045,814	1,342,562,782
(b) Loan Loss Provision (+)/(-)	-	-
(c) Provision for Loss on Investment (+)/(-)	-	-
(d) Non-Banking Assets Provision (+)/(-)	173,076,954	36,010,130
(e) Deferred Tax Assets (-)/(+)	(992,730,820)	(328,340,024)
(f) Others	-	-
(g) Profit on Sale of Assets (-)/(+)	-	-
(h) Insurance Loss (-)/(+)	-	-
Net Total	(662,608,052)	1,050,232,888
Distributable Profit/(Loss) for FY 2082/83	3,960,371,362	4,925,457,435
Opening Balance as of Shrawan 1	4,054,821,079	506,368,018
Adjustments
Dividend Distributed Post Merger/Acquisition
1. Bonus Shares	-	(487,024,364)
2. Cash Dividend	(3,099,460,209)	-
Distributable Profit/(Loss) at Ashadh End	4,915,732,455	4,054,821,079
Distributable Profit per Share	12.32	10.64

Additional Brief Information Regarding Annual General Meeting:

1. For the purpose of the Annual General Meeting, the Shareholder Registration Book of the Bank will remain closed for one day on Ashwin 2, 2083. Shareholders registered in the books of Nepal Stock Exchange Limited before the book closure date will be eligible to attend, vote, and receive the cash dividend and bonus shares for the fiscal year 2082/83.

2. Shareholders wishing to attend the Annual General Meeting must sign the attendance register at the venue. The attendance register will remain open from 8:00 AM on the day of the meeting.

3. The brief annual financial statement of the Bank has been published along with this notice for the information of the shareholders. The annual financial statements, Board of Directors' report, and Auditor's report prepared in accordance with the Companies Act, 2063 will be available for inspection or retrieval at the Bank's Registered Office, Kamaladi, Kathmandu. These statements can also be viewed on the Bank's website at www.globalimebank.com.

4. Shareholders wishing to attend the meeting must bring the admission card issued by the Bank along with their share certificate or demat account details and a valid identity card (Citizenship Certificate or any other government-issued identity card).

5. Shareholders wishing to appoint a proxy to attend the meeting on their behalf must submit the proxy form to the Bank's Registered Office in Kamaladi, Kathmandu, at least 48 hours prior to the meeting, i.e., by 10:00 AM on Ashwin 14, 2083. The proxy so appointed must be a shareholder of the Bank.

6. If a shareholder who has appointed a proxy attends the meeting in person and signs the attendance register, the proxy appointed by them will automatically be cancelled.

7. If a shareholder appoints more than one proxy, only the proxy form registered first at the Bank's Registered Office will be valid, and other proxy forms will not be recognized.

8. A shareholder cannot appoint separate proxies by dividing their shares or in any other manner.

9. In the case of minor or legally incompetent shareholders, their guardian or a proxy appointed by the guardian can participate and vote. However, a guardian who is not a shareholder of the Bank cannot be appointed as a proxy for anyone else.

10. On behalf of the Board of Directors, the Chairman or any person authorized by the Board/Committee may answer queries or comments raised by the shareholders.

11. Shareholders wishing to raise any queries under the 'Miscellaneous' agenda must submit their queries in writing to the Bank's Registered Office at least 7 (seven) days prior to the meeting. This will facilitate necessary preparation on the subject matter.

12. For security reasons, shareholders are requested not to bring bags, packets, etc., to the meeting venue. If deemed necessary, security personnel may conduct security checks at the entrance of the meeting hall, and your cooperation in this regard is highly appreciated.

13. For any other information, please contact the Bank's Registered Office in Kamaladi, Kathmandu.