Champion Breweries : BREW. PLC.-AGM PASSED RESOLUTIONS

Industrial Layout, Aka Offot, P.M.B. 1106, Uyo, Akwa Ibom State, Nigeria.

RC 13388

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www.championbreweries.com

Lagos, Nigeria

12 July 2023

RESOLUTIONS PASSED AT THE ANNUAL GENERAL MEETING

At the 47th Annual General Meeting of Champion Breweries Plc held at the Oriental Hotel 3 Lekki Road, Victoria Island, Lagos, Nigeria on Wednesday, July 12, 2023, at 12.00 noon, the following Resolutions were proposed and duly passed:

	A. ORDINARY BUSINESS		ITEM
1.	RE-ELECTION OF DIRECTORS	"That Mr. Frederik Williem Kurt, be and is hereby
		appointed as a Director of the Company;"
		"That Mr. Thompson S. B. Owoka be and is hereby
		appointed as a Director of the Company;"
		"That Mrs. Helen Umanah be and is hereby appointed as
		a Director of the Company;"
2.	APPOINTMENT OF EXTERNAL AUDITORS	That Deloitte Touche Tohmatsu Limited as External
		Auditors be appointed as the Company's Auditors for the
		year ending December 31, 2023"
3.	REMUNERATION OF AUDITORS	"That the Directors be and they are hereby authorized to
		fix the remuneration of the Independent Auditors for the
		year ending 31st December, 2023."
4.	ELECTION OF MEMBERS OF SHAREHOLDERS'	"That the following shareholders be and are hereby
	REPRESENTATIVE OF THE AUDIT COMMITTEE	elected as shareholders ' representatives in the Audit
		Committee of the Company:
		1. Mr. Godwin A. Anono
		2.	Mr. Olatunde Olayemi.
		3.	Mr. Adebayo Oluwafemi
		The following Directors were nominated to represent the
		Board on the Audit Committee:
		1.	Mr. Thompson Owoka
		2.	Mr. Kevin Santry
	B. SPECIAL BUSINESS
1.	REMUNERATION OF DIRECTORS	"That the Directors be authorized to fix their remuneration
		in respect of the year ending December 31, 2023"
2.	GENERAL MANDATE TO ENTER INTO	"That, pursuant to Rule 20.8 of the Rulebook of the
	RECURRENT TRANSACTIONS WITH RELATED	Nigerian Exchange Limited 2015: Issuers Rules general
	PARTIES FOR THE COMPANY'S DAY-TO-DAY	mandate be and is hereby given to the Company
	OPERATIONS.	authorizing the Company during the 2023 financial year
		and up to the date of the next Annual General Meeting, to
		enter into recurrent transactions with related parties for the

Directors: E. Akpan (Chairman), Georgios Polymenakos (Managing Director) (Greek), S. Aigbedo, O. Alabi, Frederik Williem Kurt (Dutch), T. S. B.

Owoka, S. A. Ottan, Kevin Santry (British), H. A. Umanah (Mrs.)

Industrial Layout, Aka Offot, P.M.B. 1106, Uyo, Akwa Ibom State, Nigeria.

RC 13388

Email: [e-mail]

www.championbreweries.com

Company's day-to-day operations, including the procurement of goods and services, on normal commercial terms consistent with the Company's Transfer Pricing Policy. All transactions falling under this category which were earlier entered into in 2022 prior to the date of this meeting are hereby ratified"

Certified as true record of the Resolutions duly passed at the 47th Annual General Meeting of Champion Breweries Pic, held on July 12, 2023.

Dr. Elijah Akpan	Chief Tosan Atle Aiboni
Chairman	Company Secretary/Legal Adviser

Directors: E. Akpan (Chairman), Georgios Polymenakos (Managing Director) (Greek), S. Aigbedo, O. Alabi, Frederik Williem Kurt (Dutch), T. S. B.

Owoka, S. A. Ottan, Kevin Santry (British), H. A. Umanah (Mrs.)