NEM INSURANCE PLC NOTICE OF 52ND ANNUAL GENERAL MEETING

NOTICE IS HEREBY GIVEN that the 52nd Annual General Meeting of NEM INSURANCE PLC. (the “Company’) will hold at the Conference Room, NEM House, 199, Ikorodu Road, Obanikoro on the 19th of May 2022 at 10.00a.m to transact the following business:

ORDINARY BUSINESS

1. To present the Annual Financial Statements of the Company for the year ended 31st December 2021 and Reports of the Directors, the Auditors Report and Audit Committee’s Report thereon.
2. To declare a Dividend.
3. To ratify the appointment of Directors  a)Mr. Sunday Joshua Adebayo b) Mr. Momoh Abdurrahaman Odamah
4. To re-elect Directors retiring by rotation. a) Mr. Papa Ndiaye b) Mr. Kelechi Okoro
5. To authorize the Directors to fix the remuneration of the Auditors.
6. To elect members of the Audit Committee.
7. To disclose the Remuneration of Managers of the Company.

SPECIAL BUSINESS

1. To approve the remuneration of Directors.
2. To consider and if thought fit, pass the following, with or with- out modification as Ordinary Resolution of the Company:

“That, in compliance with the Rule of the Nigerian Exchange Limited governing transactions with Related Parties or Interested Persons, the Company and its related entities be and are hereby granted a General Mandate in respect of all recurrent transactions entered into with a related party or interested person provided such transactions are of a revenue or trading nature or are necessary for the Company’s day -to-day operations. This Mandate shall commence on the date on which this resolution is passed and shall continue to operate until the date on which the next Annual General Meeting of the Company is held.”

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Thank you.