Annual General Meeting

CRDB Bank Plc held its 17th Annual General Meeting (AGM) on the 23rd June 2012. At the meeting members

Voted on the motions listed below and the results were as follows:

 

Ordinary Resolutions

Total Valid Votes

% Votes For

% Votes Against

% Votes Withheld

Decision

1

Election of Chairperson and Vice Chairperson of the Meeting

  1,573,851,013

100%

0%

0%

Mr. Damian D. Ruhinda elected Chairperson and Mrs. Gatty Marwa elected Vice Chairperson.

 

 

 

 

 

 

 

2

To approve Directors Report and the Audited Accounts for the year 2011

  1,573,851,013

100%

0%

0%

Directors Report together with the Audited Accounts approved.

 

 

 

 

 

 

 

3

To approve directors' remuneration for the year 2012

  1,573,851,013

100%

0%

0%

Directors' remuneration approved

 

 

 

 

 

 

 

4

To appoint PriceWaterCoopers of P.O. Box 45 Dar es Salaam to be Auditors of the bank for the year 2012 and authorize the directors to fix their remuneration

  1,573,851,013

100%

0%

0%

PriceWaterCoopers of P.O. Box 45 Dar es Salaam appointed as external Auditors of the bank for the year 2012 and the directors authorized to fix their remuneration.

 

 

 

 

 

 

 

5

To pass a resolution to open a subsidiary of CRDB Bank Plc. in Burundi as proposed by Board of Directors.

  1,573,851,013

100%

0%

0%

A resolution to open a subsidiary of CRDB Bank Plc. in Burundi was passed as proposed by the Board of Directors.

 

 

 

 

6

To elect two board members from group of shareholders holding below 1% of Bank's share capital

     463,719,520

27%

0%

0%

Mr. Juma Abdallah Abdulrahman  elected  director of the board from group of shareholders holding below 1% of Bank's share capital.

 

 

 

24%

0%

0%

Ms. Seline Adolf Mkony was  elected  a director of the board from group of shareholders holding below 1% of Bank's share capital.

7

To elect one board member from group of shareholders holding above 1% but below 10% of Bank's share capital

     415,381,330

62%

0%

0%

Ms. Rose Metta was elected a director of the board from group of shareholders holding above 1% but below 10% of the Bank's share capital.

8

To approve the date and place of the next Annual General Meeting

  1,573,851,013

100%

0%

0%

Arusha International Conference Centre - Arusha approved for the next Annual General Meeting to be held on 11th May 2013

 

Special Resolution

Total Valid Votes

% Votes For

% Votes Against

% Votes Withheld

Decision

9

To approve dividends for the year ending 31st December 2011 to be TZS 9/= per share for shareholders who were in the register as at 31st May 2012, and payment be made on 2nd July, 2012

  1,573,851,013

100%

0%

0%

Dividends approved  for the year ending 31st December 2011 to be TZS 9/= per share  for shareholders who were in the register as at 31st May 2012, and payment be made from 2nd July, 2012