THE KENYA POWER AND LIGHTING COMPANY PLC

102ND ANNUAL GENERAL MEETING HELD ON 8TH DECEMBER 2023

POLLING RESULTS

The Board of Directors of THE KENYA POWER AND LIGHTING COMPANY PLC is pleased to announce the results of voting for the resolutions that were put forward for determination by shareholders at the Annual General Meeting held on Friday, 8th December 2023.

The Poll was conducted by Image Registrars Limited.

1. AGM RESOLUTIONS

The following resolutions as presented to the shareholders were approved having garnered a majority of the votes cast:

RESOLUTION

Voted In

% In Favour

Votes

% Against

Abstained

Verdict

Favour

Against

1

To receive, consider

1,068,843,382

99.8813%

1,269,461

0.1186%

630,844

PASSED

and adopt the

Company's Audited

Financial Statements

for the year ended

30th June 2023,

together with the

Chairman's,

Directors' and

Auditors Reports

thereon.

2

Consequent to the

1,066,316,862

99.6003%

4,278,816

0.3996%

148,009

PASSED

provisions of Section

769 of the Companies

Act, 2015 and subject

to 4 (i) & (ii) above,

to authorise the Board

to set up the Board

Audit Committee.

3

To approve payment

1,068,467,497

99.8111%

2,021,578

0.1888%

254,612

PASSED

of fees to non-

executive Directors

for the year ended

30th June 2023.

4

Auditors: To note that

1,070,670,404

99.9971%

30,874

0.0028%

42,409

PASSED

the audit of the

Company's books of

accounts will

continue to be

undertaken by the

Auditor-General, or

an audit firm

appointed by her in

accordance with

section 23 of the

Public Audit Act,

2015.

5

To authorise the

1,066,990,764

99.6934%

3,280,498

0.3065%

472,425

PASSED

Directors to fix the

Auditors'

remuneration.

6

To consider and, if

1,067,427,794

99.7759%

2,396,522

0.2240%

919,371

PASSED

thought fit, to pass a

Special resolution to

update and align the

Company's Articles of

Association with the

Companies Act, 2015

and best governance

practices as follows:

"To adopt the revised

Articles of

Association, available

on the Company's

website

https://www.kplc.co.

ke/img/full/AGM20

23.zip, which have

been updated in line

with the Companies

Act, 2015 and best

governance practices

in place of and to the

exclusion of the

existing

Memorandum and

Articles of Association

of the Company."

2. RESULTS OF ELECTION OF DIRECTORS

  1. The Directors appointed by the National Treasury being the Holder of Class B Ordinary Shares were as follows:
    1. Cabinet Secretary, the National Treasury
    2. Principal Secretary, State Department of Energy
    3. Joy Brenda Masinde
    4. Logan Christi Hambrick
    5. Albert Mugo Njagi
  1. The results of the election of Directors by Holders of Class A Ordinary Shares, being holders of Ordinary Shares other than those held by the National Treasury were as follows:

VOTING SUMMARY RESULTS - ENGINEERING

Aspirant

Votes Garnered

% Votes Garnered

1

James Rege

104,973,082

74.72%

2

Jared Othieno

16,805,822

11.96%

3

Andrew Amadi

13,330,990

9.49%

4

David Mutonga

2,557,847

1.82%

5

Collins Juma

883,646

0.63%

6

Margaret Ogai

875,806

0.62%

7

Francis Ngokonyo

702,548

0.50%

8

Paul Kandie

360,669

0.26%

VOTING SUMMARY RESULTS - FINANCE AUDIT AND RISK

Aspirant

Votes Garnered

% Votes Garnered

1

Caleb Bwauma

104,325,030

95.84%

2

Ndirangu Ngunjiri

4,523,461

4.16%

VOTING SUMMARY RESULTS - INFORMATION COMMUNICATION TECHNOLOGY

Aspirant

Votes Garnered

% Votes Garnered

1

Ezekiel Saina

90,677,153

64.54%

2

Andrew Chege

32,895,728

23.41%

3

Volemi Ikocheli

8,837,799

6.29%

4

Joseph Wambati

4,869,527

3.47%

5

Jerome Ochieng

3,210,203

2.28%

VOTING SUMMARY RESULTS - GOVERNANCE

Aspirant

Votes Garnered

% Votes Garnered

1

Ruth Muirure

104,741,307

74.56%

2

Tobias Konyango

11,624,720

8.27%

3

Charles Njenga

8,436,649

6.01%

4

Kipkales Kale

8,186,630

5.83%

5

Geoffrey Shimanyula

3,169,196

2.26%

6

Lizzie Chongoti

2,260,859

1.61%

7

Paul Odola

1,700,777

1.21%

8

Arthur Namu

360,272

0.26%

Consequently, the following were duly elected as Directors by Holders of Class A Ordinary Shares:

Aspirant

Votes Garnered

% age

1

James Rege

104,973,082

74.72%

2

Caleb Bwauma

104,325,030

95.84%

3

Ezekiel Saina

90,677,153

64.54%

4

Ruth Muirure

104,741,307

74.56%

The Board of Directors wish to thank all our shareholders who registered and participated in this virtual Annual General Meeting.

BY ORDER OF THE BOARD

IMELDA BORE

COMPANY SECRETARY

8th December 2023

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Kenya Power and Lighting Company Ltd. published this content on 08 December 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 December 2023 20:37:53 UTC.