Notice Of 20th Annual General Meeting

CWG PLC

This is to notify all stakeholders that the 20th Annual General Meeting (AGM) of CWG PLC is scheduled to take place at The Jewel Aeida, Plot 105B Hakeem Dickson Link Road, Lekki Phase 1, Lagos, on Thursday, April 10, 2025, at 10:00 a.m. The meeting will cover the following agenda items:

Ordinary Business:
    1.    To review and consider the Directors’ Report, Financial Statements, and the Statement of Comprehensive Income for the year ending December 31, 2024, along with the Auditor’s and Audit Committee’s reports.
    2.    To declare a dividend.
    3.    To reappoint PKF Professional Services as the company’s external auditors and authorize the Directors to determine their remuneration.
    4.    To disclose the remuneration of the company’s Managers.
    5.    To elect members of the Statutory Audit Committee.

Special Business:

Ordinary Resolution
    1.    To approve the Directors’ remuneration for the financial year 2025.

Dated: March 18, 2025

By Order of the Board
DCSL Corporate Services Limited
Company Secretaries

Additional Information:

Proxy Voting:
    •    Any shareholder entitled to attend and vote at the meeting may appoint a proxy to represent them. The proxy does not have to be a company member.
    •    Proxy forms should be completed, signed, and submitted to the Company’s Registrars, Cordros Registrars, at 70 Norman Williams Street, Ikoyi, Lagos, at least 48 hours before the AGM.
    •    The company has arranged for proxy forms to be stamped at its expense.

Online Streaming:
    •    The AGM will be broadcast live for shareholders and stakeholders who cannot attend in person.
    •    The link for the virtual meeting will be made available via the company’s YouTube Channel at: [insert link]

Closure of Register:
    •    The Register of Members will be closed on Tuesday, April 8, 2025, for the purpose of updating shareholder records.

Dividend Payment:
    •    If a dividend is approved at the AGM, payments will be made on Friday, April 11, 2025, to shareholders whose names are in the Register of Members as of the close of business on April 7, 2025.

E-Dividend Registration:
    •    Shareholders are encouraged to open bank accounts, stockbroking accounts, and CSCS accounts to facilitate electronic dividend payments.
    •    Forms for e-dividend registration can be obtained from the Registrars’ office.

Nomination of Statutory Audit Committee Members:
    •    In line with Section 404(6) of the Companies and Allied Matters Act (CAMA) 2020, any shareholder interested in nominating a member for the Statutory Audit Committee must submit a written notice to the Company Secretary at least 21 days before the AGM.
    •    Nominations should be sent to DCSL Corporate Services Limited via makindeon@dcsl.com.ng or dcslcwgtteam@dcsl.com.ng.

Shareholder Questions:
    •    According to Rule 19.12(c) of the Nigerian Exchange Limited’s Rulebook, shareholders have the right to submit questions regarding the meeting agenda.
    •    These questions should be sent in writing to the Company Secretary at least one week before the AGM.