The 60 Annual General Meeting of Sterling Bank Plc will be held at the Grand Ballroom, Eko Hotel & Suites, Plot 1415, Adetokunbo Ademola Street, Victoria Island, Lagos, on Thursday, the 16 day of June 2022 at 10:00 am. to transact the following business:

Ordinary Business

1. To receive the Audited Financial Statements for the year ended 31 December 2021, the Reports of the Directors, Auditors, and the Statutory Audit Committee thereon 
2. To declare a Dividend 
3. To elect/re-elect Directors 
   1. To elect Mr. John Olatunji Mayaki as a Non-Executive Director 
   2. To elect Mrs. Olusola Oworu as an Independent Non-Executive Director 
   3. To re-elect the following Directors retiring by rotation: 

• Mrs. Tairat Tijani 
• Mr. Michael Jituboh 

1. To authorize the Directors to fix the remuneration of the Auditors 
2. To disclose the remuneration of Managers of the Company in accordance with Sections 238 and 257 of the Companies and Allied Matters Act 2020 
3. To elect the shareholders’ representatives of the Statutory Audit Committee

Special Business

1. To consider and if thought fit, pass the following as special resolutions: 
   1. That following the recommendation of the Board of Directors and in compliance with the requirements of Section 124 of the Companies and Allied Matters Act (CAMA) 2020 the Bank be and is hereby authorised to cancel its unissued share capital; 
   2. That the Board of Directors of the Bank be and is hereby authorised to take all steps necessary to ensure that the Memorandum and Articles of Association of the Bank be altered to comply with Resolution 7 (i) above, including replacing any provision stating the authorised share capital with the issued share capital; 
   3. That the Bank be and is hereby authorised to enter into and execute agreements, deeds, notices and any other document(s) necessary for and/or incidental to resolution 7 (i) above; 
   4. That the Board of Directors of the Bank be and is hereby authorized to carry out all such acts and take all such actions as may be necessary to give effect to the above resolutions in compliance with extant laws and regulations.

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