SBN HOLDINGS LIMITED Annual Report 2022 slide image

SBN HOLDINGS LIMITED Annual Report 2022

NOTICE OF ANNUAL GENERAL MEETING continued 178 FORM OF PROXY SBN HOLDINGS LIMITED Annual report 2022 Kindly note that voting will be by proxy only. The exact process is set out in full in the Annual General Meeting notice published on our website www.standardbank.com.na. Proxy forms can also be obtained from the website. Our annual report and our Environmental, Social and Governance (ESG) report is available on the website for your information. You are more than welcome to pose any questions in relation to the matters under discussion at the Annual General Meeting. These questions will be responded to individually and a consolidated version will be placed on our website within two weeks of the meeting. All holders of SBN Holdings shares will be entitled to vote by proxy prior to the Annual General Meeting. Voters are required to submit their votes by proxy to the Transfer Secretaries of the Company, who will submit their votes at the Annual General Meeting on their behalf. The holders of ordinary shares will each be entitled to one vote for every ordinary share held. Questions: Any questions on the financial performance of the Company during the period under review can be addressed to the Transfer Secretaries who will provide a written response to the person who raised the question. Proof of Identification Required: Kindly note that meeting participants (including proxies) are required to submit reasonably satisfactory proof of identification when submitting their votes to the Transfer Secretaries. Forms of identification include valid identity documents and passports. Proxies: The Form of Proxy for the Annual General Meeting, which sets out the relevant instructions for its completion, accompanies this notice. In order to be effective, duly completed Forms of Proxy must be submitted to the Transfer Secretaries of the Company by no later than 15h00 (CAT) on Tuesday, 18 April 2023. By order of the board of SBN Holdings Limited Sigrid Tjijorokisa Group Company Secretary 22 March 2023 For completion by the registered ordinary shareholders who hold ordinary shares of the Company for their vote in respect of the items to be tabled for approval at the 2023 Annual General Meeting of the Company to be held at the Standard Bank Head Office, 1 Chasie Street on 24 April 2023 at 08h30 (CAT). I/We Holder number being the holder(s) of Contact ordinary shares in the Company do hereby appoint: (Name in full) as my/our proxy to act for me/us at the Annual General Meeting (as the case may be) which will be held for the purpose of considering and, if deemed fit passing, with or without modification, the resolutions to be proposed thereat and at each adjournment thereof, and to vote on such resolutions in respect of the shares in the issued capital of the Company registered in my/our name/s in accordance with the following instructions (see note): Ordinary Resolutions For* Against* Abstain* Ordinary Resolution 1: Approval of minutes of previous Annual General Meeting Ordinary Resolution 2: Adoption of Annual Financial Statements for 31 December 2022 Ordinary Resolution 3: Approval of final dividend declared Ms. Maria Dax (independent non-executive director) having reached the age limit of 70 (seventy) years as prescribed per the provisions of the (BID-1) that came into operation on 16 December 2022, has tendered her notice to retire and is therefore, not eligible for re-election. Ms Dax retires from the board of directors effective 24 April 2023. 4.2 Ordinary Resolution 4: Noting of Resignation and Retirement from Board of Directors 4.1 4.3 Transfer Secretaries (Pty) Ltd 44 Robert Mugabe Avenue (Entrance in Burg Street), Windhoek. Namibia Tel +264 61 227647, e-mail [email protected]. Sponsor IJG Securities (Pty) Ltd Member of the NSX 4th Floor, 1@Steps c/o Grove and Chasie Street Kleine Kuppe PO Box 186, Windhoek, Namibia Registration No. 95/505 IJG Securities (Pty) Ltd. Member of the NS Ms. Letitiea du Plessis has lodged her notice of resignation as Chief Financial Officer and Executive Director from SBN Holdings Limited and Standard Bank Namibia Limited. Ms du Plessis' resignation from the Board of Directors would be effective 24 April 2023. In terms of the Company's Articles of Association, the following directors retire from the Company. In terms of the Board succession plan of the Company, which is aligned to the principles of good corporate governance as enunciated in documents such as NamCode and King IV and regulatory prescript as contained in BID 1 referred to in 4.1 above, these directors do not offer themselves up for re-election, their retirement from the board of directors is effective 24 April 2023: 4.3.1 4.3.2 4.3.3 Mr. Herbert Maier (independent non-executive director) (Board Chairperson) Ms. Natasha Bassingthwaighte (independent non-executive director) Ms. Birgit Rossouw (independent non-executive director) Ordinary Resolution 5:Ratification of new director 5.1 To ratify the appointment of the following non-executive directors of the Company who were appointed by the Board of Directors and approved by the Regulator effective 15 December 2022 and 10 March 2023 respectively and are now recommended by the Board for election by shareholders: 5.1.1 5.1.2 Ms. Suné Brugman Ms. Nangosora Ashley Tjipitua Ordinary Resolution 6: Control of ordinary shares - SBN Employee Share Incentive Ordinary Resolution 7: Control of unissued shares Ordinary Resolution 8: Re-appointment of external auditors and authority to determine their remuneration Ordinary Resolution 9: Approval of non-executive directors' remuneration Ordinary Resolution 10: Approval of the existing remuneration policy Ordinary Resolution 11: Re-appointment of Audit Committee members 11.1 Ms. Silke Hornung (Chairperson) 11.2 Ms. Nangosora Ashley Tjipitua 11.3 Ms. Suné Brugman Ordinary Resolution 12: Delegation of Authority Insert an X in the appropriate space above to indicate how you wish your vote to be cast. However, if you wish to cast your vote in respect of less than all of the shares that you own in the Company, insert the number of ordinary shares held in respect of which you desire to vote. Signed at Assisted by me (where applicable) Signature this day of 2023. 179
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