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With reference to the Company Announcement TRI71 dated 27th June 2024, the Company confirms that the following resolutions were considered and approved by the shareholders, at the 24th Annual General Meeting on the 27th of June 2024 at Trident Park, Notabile Gardens, Mdina Road, Zone 2, Central Business District, Birkirkara.
Ordinary Business – Ordinary Resolutions
1. Financial Statements and Directors’ and Auditors’ Report
To approve the Annual Report of the Company comprising the financial statements for the year ended 31 January 2024 and the reports of the Directors and the Auditors thereon.
2. Re-Appointment of Auditors
To re-appoint PricewaterhouseCoopers of 78, Mill Street, Zone 5, Central Business District, Qormi, CBD 5090, Malta as auditors of the Company and to authorise the Board of Directors to establish their remuneration.
Special Business – Ordinary Resolution
3. Remuneration Policy
To approve the Remuneration Policy of the Company as explained in Circular to Shareholders dated 4 June 2024.
Special Business – Advisory vote
4. Remuneration Report
To approve the Remuneration Report of the Company for the year ended 31 January 2024.
Appointment of Directors
In view that only two nominations were received in respect of the two posts which were vacated at the conclusion of the 24th Annual General Meeting, there was no need for an election to be held, and Mr Roderick Chalmers and Mr Charles Borg were automatically elected as Directors of the Company with effect from the conclusion of the 24th Annual General Meeting.
The composition of the Board shall remain unchanged, in that Mr Louis A. Farrugia, Mr Michael Farrugia and Mr Alberto Miceli Farrugia who retired in terms of Article 99 of the Articles of Association of the Company, were reconfirmed in their posts.
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Nadine Magro
Company Secretary
27th June 2024
