Safaricom Limited (Kenya) – Resolutions passed at FY22 virtual AGM

By Published On: August 3rd, 2022Categories: Corporate announcement

ORDINARY BUSINESS

    1. Audited Financial Statements for the year ended 31 March 2022
      It was proposed by Peter Ndungu Muhoro, seconded by Peter Mbuthia Kimata and resolved by majority vote, that the Consolidated Financial Statements and Statement of Financial Position for the financial year ended 31 March 2022, together with the Chairman’s Statement, the Directors’ an Auditors’ Reports thereon be and are hereby adopted.
    2. Dividend
      It was proposed by Diana Jackline Bundu, seconded by Daniel Kimotho Muchiri and resolved by majority vote, to note the payment of an interim dividend of KShs 0.64 per share which was paid to shareholders on or about 31 March 2022 and to approve a final dividend of KShs 0.75 per share for the financial year ended 31 March 2022, payable on or about 31 August 2022 to the Shareholders on the Register of Members as at the close of business on 29 July 2022, as recommended by the Directors.
    3. Directors
      It was proposed by Andrew Kuria Ngugi, seconded by Stephen Irungu Kimani and resolved by majority vote, that Ms Rose Ogega be and is hereby re-elected as a Director of the Company
    4. Appointment of the members of the Board Audit, Risk and Compliance Committee.
      It was proposed by Harris Nyange Mngola, seconded by Boniface Ndungu Ndua and resolved by majority vote, that the following Directors, being members of the Board Audit, Risk and ComplianceCommittee be and are hereby appointed to continue to serve as members of the Committee: Ms Rose Ogega; Prof. Bitange Ndemo; Ms Raisibe Morathi and Ms Winnie Ouko.
    5. Directors’ Remuneration and the remuneration paid for the year ended 31 March 2022
      It was proposed by Albert Barasa Nyongesa, seconded by Sosten Kiplagat Tui and resolved by a majority vote, to approve the Directors’ Remuneration Report and the remuneration paid to the Directors for the year ended 31 March 2022.
    6. Auditors
      It was proposed by Fredrick Odhiambo Abuonji, seconded by Lydia Cherotic and resolved by a majority vote to re-appoint Messrs Ernst & Young, in office as the Company’s Auditors in accordance with the provisions of Section 721 (2) of the Companies Act, 2015. It was further resolved by a majority vote, that the Directors be and are hereby authorised to fix the Auditors’ remuneration for the ensuing financial year.The above is a true record of the resolutions passed at the 2022 Annual General Meeting of Safaricom PLC.

BY ORDER OF THE BOARD

Ms Kathryne Maundu

Company Secretary


Safaricom Limited (SCOM.ke)

Share price: 30.45 Shillings (0.45 | 1.50% – 10/08/22)

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