Northern Nigeria Flour Mills : N NIG. FLOUR MILLS PLC.-NNFM PLC AGM RESOLUTION 2022

12 September, 2022

ORDINARY RESOLUTION OF THE SHAREHOLDERS OF NORTHERN NIGERIA FLOUR MILLS PLC ("THE

COMPANY") PASSED PURSUANT TO SECTION 123 OF THE COMPANIES AND ALLIED MATTERS ACT, 2020

At the 50th Annual General Meeting of Northern Nigeria Flour Mills Plc (NNFM Plc) Held at the Bristol Palace Hotel, 54/56 Guda Abdullahi Road, Farm Centre, the following resolutions were passed;

1. The Audited Financial Statements for the Year ended 31st March, 2022 and the Reports of the Directors, Auditors and Audit Committee thereon were received..
2. The declaration of 25 kobo dividend amounting to Forty-four million, five hundred and fifty thousand naira (N44,550,000) to ordinary shareholders of the company for the year ended 31st March, 2022 was approved.
3. The following directors retiring by rotation and had offered themselves for re-election were re- elected.
4. 1. Mr. Paul M. Gbededo
   2. Alhaji Sadiq Usman
   3. Dr. Mohammed Jibrilla
5. The appointment of Mr. Omoboyede Olusanya as a Director of NNFM Plc was approved.
6. The Directors were authorized to fix the remuneration of the external auditors.
7. The following members of the statutory Audit Committee representing the shareholders were re- elected until the conclusion of the next Annual General Meeting.
8. 1. Alhaji Bello Umar Gwangwazo
   2. Alhaji Lawan Sule Garo
   1. Alhaji Sadiq A Othman
9. The following Directors were nominated to represent the Board on the Statutory Audit Committee.
10. 1. Dr. Mohammed Jibrilla

1. Alhaji Sani Umar
   Ogwuche Theophilus

Company Secretary