LIVESTOCK FEEDS : LSF 2023 AGM RESOLUTIONS

IKEJA M1LL

I, Henry Carr Street,

P.M.B. 21097, Ikeja

Tel: 08077281527

ABA MILL

12, Industrial Layout

P.M.B. 7119, Aba

Tel: 08077261492

NORTHERN OPERATlONS

Km l7 Zawan Roundabout

Zawan, Jos South

Plateau State

Tel: 0807 7281465

ONITSHA OPERATIONS

No 15a Pokobros Avenue

Off Atani Road, Onitsha

Anambra State

Tel: 08077257575

At the Annual General Meeting of Livestock Feeds Plc (the "Company") held on Wednesday July 19th 2023, at Festival Hotel, Diamond Estate, Amuwo Odofin, Lagos, at 10.00am, in respect of the 2022 Financial Year, the Chairman of the Board of Directors laid the Audited Financial Statements together with the Report of the Directors, Auditors and the Audit Committee for the year ended December 31, 2022 before the Shareholders.

Subsequently, the following resolutions were considered and duly passed:

1. That the following directors retiring by rotation be and are hereby re-elected:
2. 1. Mr. Dr. Joseph I. Dada ; and
   2. Mr. Abayomi Adeyemi
3. That the appointment of Mrs. Temitope Omodele as a Non-Executive Director of the Company be and is hereby approved.
4. That the Directors be and are hereby authorized to fix the remuneration of the Company's External Auditors for the financial year ending December 31 2023.
5. That the following persons be and are hereby appointed as members of the Company's Statutory Audit Committee:
6. 1. Aare Kamorudeen Ajao Danjuma (Shareholder representative);
   2. Mr. Olufemi Frederick Oduyemi (Shareholder representative);
   3. Prince Manfred Bassey (Shareholder representative);
   4. Mr. Abayomi Adeyemi (Directors' Representative);
   5. Mr. Adebolanle Badejo (Directors' Representative).
7. That the remuneration of Managers of the Company which was disclosed in Note 27(iii), page 100 of the Annual Report and Financial Statements be and is hereby noted.
8. That the Directors' remuneration for the year ending December 31, 2023 be and is hereby approved.
9. That the renewal of the general mandate authorizing the Company to enter into recurrent transactions with related parties and companies be and is hereby approved.
10. That both the Memorandum and Articles of Association of the Company be and are hereby amended by altering same in the manner indicated in Annexure 1 to the Notice of Annual General Meeting, to reflect the new amendments introduced by the Companies and Allied Matters Act, 2020 and the Companies Regulations, 2021.
    That the Company Secretary be and is hereby authorized to file the requisite returns at the Corporate Affairs Commission Abuja to give effect to the foregoing resolution.

Rose Hamis

Company Secretary

Board of Directors:

Joseph I.D. Dada (Chairman), Adegboyega Adedeji (Managing Director)

Abayomi Adeyemi, Adebolanle Badejo, Peter B. Mombaur, Temitope Omodele