NOTICE IS HEREBY GIVEN that the 69th Annual General Meeting of the Shareholders of Bamburi Cement Limited will be held electronically via mobile and web application (the Virtual AGM System) on Thursday 18 June 2020 at 2.30 pm for the following purposes:
- To table the proxies and to note the presence of a quorum.
- To read the notice convening the meeting.
- To receive the Chairman’s statement, the Report of the Directors and the Audited Accounts for the year ended 31 December 2019.
- To consider and adopt the recommendation of the Directors that no dividend payment be declared or paid for the year ended 31 December 2019.
- To approve Directors’ fees for 2019 and to note that there will be no increase in Directors’ fees in 2020.
- To re-elect directors:
- 6.1. In accordance with Article 110 of the Company’s Articles of Association to re-elect the following directors who retire by rotation and being eligible, offer themselves for re-election:
- 6.1.1. Helen Gichohi
- 6.1.2. Rita Kavashe
- 6.2. In accordance with Article 115 of the Company’s Articles of Association, to re-elect Jean-Michel Pons, a director appointed since the last Annual General Meeting who retires from office and, being eligible, offers himself for re-election.
- 6.3. In accordance with the provisions of Section 769 of the Companies Act 2015, to appoint the following Directors as members of the Audit & Risk Committee:
- 6.3.1. Alice Owuor
- 6.3.2. Joseph Kimote
- 6.3.3. Rita Kavashe
- 6.3.4. Mbuvi Ngunze
- 6.1. In accordance with Article 110 of the Company’s Articles of Association to re-elect the following directors who retire by rotation and being eligible, offer themselves for re-election:
- To note that Deloitte and Touche continue in office as Auditors in accordance with Section 159 (2) of the Companies Act and to authorize the Directors to fix their remuneration for 2020.
- To transact any other business of the Company of which due notice has been received.
By order of the Board
B Kanyagia
SECRETARY
18 May 2020