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NOTICE FOR THE 30th ANNUAL ORDINARY AND 12th EXTRAORDINARY GENERAL MEETINGS OF SHAREHOLDERS
Notice is hereby given to the Shareholders to attend the 30th Annual Ordinary and 12th Extraordinary General Meetings of Awash Insurance S.C. which will be held in accordance with Article 366(1), 367(1), 370, 393(1) and Article 400(1) of the Commercial Code of Ethiopia, Proclamation Number 1243/2021 as well as Article 8(a) of the Articles of Association of the Company. The General meetings will be held on Saturday, October 26, 2024 at Addis Ababa Hilton Hotel starting from 8:00 a.m.
1. BASIC INFORMATION ABOUT THE COMPANY
1.1. Address:- Awash Towers, Addis Ababa, Kirkos Subcity, Woreda 7;
Website: www.awashinsurance.com
1.2. Company’s subscribed capital as at June 30, 2024:- Birr 3,850,185,500
1.3. Company’s paid-up capital as at June 30, 2024:- Birr 1,921,492,300
1.4. Business Registration Certificate Number:- አአ/ገግ-3-1532/87
1.5. Insurance Business License Number:- 003/94
2. AGENDA FOR 30th ANNUAL ORDINARY GENERAL MEETING
2.1. Notification of Share Transfers, Share Sales and New Shareholders who acquired shares in 2023/24;
2.2. Consideration and approval of the 2023/24 Annual Report of Board of Directors;
2.3. Consideration and approval of the 2023/24 Annual Report of Auditors;
2.4. Deliberation on and approval of the proposed appropriation of 2023/24 profits;
2.5. Approval of Annual Compensation of Board of Directors for 2023/24;
2.6. Approval of Board of Directors’ monthly allowance for 2024/25;
2.7. Approval of the Auditors’ Annual Fee for 2024/25; and
2.8. Election of the members of Board Nomination and Election Committee.
3. AGENDA FOR 12th EXTRAORDINARY GENERAL MEETING
• Amendment of the Memorandum of Association of Awash Insurance S.C.
N.B.
Shareholders who are not able to attend the meetings in person may sign and return the proxy form and give one copy to the designated agent and the second copy along with the copy of renewed identification card of a shareholder to be submitted to the Company's CEO office, on the 2nd floor of Awash Towers, three days before the meeting date.
By Order of the Board of Directors