After obtaining the approval of the Authority, the Clearing Agency shall prepare policies and procedures as follows: 1. The procedures of verification of proxies or the powers of attorneys for attendance of shareholders and holders of other Securities in the general assemblies and the authorities of the holders of those securities in order to ensure the legal and fair representation in the attendance, and to apply any legal or contractual restrictions concerning the voting rights. 2. Reports to be provided to the Authority, including the data on the attendance at the general assemblies, the authorities of the Securities’ holders and the percentages of voting on each of the agenda items. 3. The mechanism used to facilitate the process of the counting of the votes in the general assemblies and the authorities of the Securities’ holders. 4. The mechanism used to verify the percentages of ownership of Kuwaiti companies which are listed on foreign Exchanges as well as Exchanges in Kuwait. The percentage of listed Securities in those Exchanges shall not exceed the percentages set out in Module Twelve (Listing Rules).