At the 2025 Annual General Meeting of International Breweries Plc (the Company) held via Zoom Teleconference on Wednesday, 30th July 2025, the Chairman of the Board of the Company laid the Audited Financial Statement for the year ended 31st December 2024 before the Shareholders. Subsequently, the following resolutions were considered and duly passed:
The election of (a) Ms. Chinyere Ezeugwu and (b) Mrs. Awuneba Ajumogobia as Directors of the Company.
The re-election of (a) Ms. Olutoyin Odulate (b) Mr. Bruno Zambrano and (c) Mr. Cherien Kurien, KFA as Directors of the Company.
The authorization of the Directors to fix the remuneration of the External Auditors.
The election of (a) Mr. Adetunji Ajani Babajide (b) Mr. Chisom Nwamara William (c) Mr. Olalekan Iyiola Layi as Shareholders' representative on the Statutory Audit Committee and the nomination of (a) Mrs. Nkechinyere Chinyere Ugochukwu and
(b) Mrs. Awuneba Ajumogobia as Directors' representatives on the Statutory Audit
Committee.
The approval of the remuneration of Non-Executive Directors for the year 31st December 2025.
In accordance with Rule 20.8 of the Rulebook of the Nigerian Exchange Limited 2015, as amended, the approval of a general mandate to procure goods, services, and financing, and to enter into any incidental transactions necessary for its day-to-day operations from its related parties or interested persons. This mandate shall be valid throughout the 2025 financial year and up to the date of the next Annual General Meeting, provided all such transactions are conducted on normal commercial terms consistent with the Company's Transfer Pricing Policy. The ratification of all transactions falling under this category, which were entered into in the 2024/2025 financial year prior to the date of this meeting.
The authorization of the Board and Management to do all acts and take all actions to give effect to the above resolutions subject to all and any regulatory authorization that may be required.
DCSL Corporate Services Limited Company Secretaries