SKYWAY AVIATION HANDLING : NOTICES OF ANNUAL GENERAL MEETING (AGM) -

SKYWAY AVIATION HANDLING COMPANY (SAHCO) PLC. NOTICE OF TWELFTH ANNUAL GENERAL MEETING (AGM)

NOTICE IS HEREBY GIVEN that the 12th (Twelfth) Annual General Meeting (AGM) of Skyway Aviation Handling Public Liability Company (The Company") will be held at Marriot Hotel, 122, Joel Ogunnaike Ikeja, Lagos Nigeria on Wednesday, 29 June 2022 at 10.00am to transact the following business;

1. ORDINARY BUSINESS

1	To receive the Audited Financial Statements for the year ended 31st December, 2021,
	together with the Reports of the Directors, Auditors and Audit Committee thereon.

1. To declare a dividend.
2. Toelect /approve the appointment of the following Directors

a. Mrs. Laila Jean. St. Matthew-Daniel	- Independent Non - Executive Director
b. Dr. (Mrs.) Bukola Bello Jaiyesimi.	- Independent Non - Executive Director

4. To re-elect the following Directors retiring by rotation

a.	Dr Taiwo Afolabi	- Non - Executive Director
b.	Mr. Kayode Filani	- Non - Executive Director

1. Todisclose the remuneration of the Managers of the Company
2. To authorize the Directors to fix the remuneration of the External Auditors
3. Toelect members of the Statutory Audit Committee.

Special Business by Ordinary Resolutions

8. To approve the remuneration of Directors.

Dated the 23rd Day of May 2022.

By Order of the Board.

Omolara Bello

CompanySecretary

FRC/2019/NBA/00000019782

NOTES:

1. Shareholders should kindly note that following the Government directive restricting public gathering due to the COVID-19 pandemic the Corporate Affairs Commission has granted approval for the Annual General Meeting to hold by proxy to minimize physical contact and ensure public health and safety. Shareholders are encouraged to appoint proxies to represent them at the meeting
2. ProXIES
   A member of the Company entitled to attend and vote at the Meeting may appoint a proxy in his/herstead. A proxy need not be a member of the Company.
   In view of the current Coronavirus (COVID-19) Pandemic and the Federal and State Government directives to minimize social contacts by minimizing the number of people at social gatherings. SAHCO PLC, as responsible Corporate citizens is conscious of the unique challenges posed by the Pandemic and mindful of the need for all to take actions to curb the spread of the virus.
   Consequently, and in accordance with the Guidelines issued by the Corporate Affairs Commission (CAC) on the conduct of Annual General Meetings via proxies in Nigeria as part of the measures to mitigate the negative effect created by the pandemic, The Company requests every member who is entitled to attend and vote at the Meeting to appoint a proxy from the list of designated individuals to attend and vote in his/her stead.
3. 1. Dr Taiwo Afolabi (Chairman)
   2. Mr.Basil Agboarumi (MD/CEO)
   3. Ms. Obideyi Efunyemi Olatunde (Shareholder representative)
   4. Dr Omolaja Anthony Omoniyi (Shareholder representative)
   5. Mr. Abdullahi Tambari Kabiru (Shareholder representative)
   6. Mr. Nwabughogu Bright (Shareholder representative)

Attendance of the 12th Annual General Meeting shall be by proxy only.

A proxy form is attached to the Annual Report and Accounts. It may also be downloaded on the Company website. All instruments of proxy should be completed, duly stamped and forwarded to the Company Secretary Mrs. Omolara Bello by e-mail at [e-mail] deposited at the office of the Company's Registrars, First Registrars and Investor Services Limited, Plot 2, Abebe Village Road, P.M.B. 12692, Lagos, Nigeria not later than 48 hours before the time of holding the Meeting.

The Company has made arrangements at its cost, for the stamping of the duly completed and signed proxy forms submitted to the company's registrars within the stipulated time.

3. Live Streaming of the AGM

The AGM will be streamed live online. This will enable shareholders and other stake holders who will not be attending the meeting physically to follow proceedings. The link for the AGM live streaming will be made available on the company website at www.sahcoplc.com

1. E-AnnualReport
   The electronic version of the Annual report is available at www.sahcoplc.com.Shareholders who have provided their email addresses to the Registrar will receive the electronic version of the Annual Report via email.
2. CLOSURe of REGISter of MemberS and Transfer BookS

The Register of Members and Transfer Books of the Company will be closed from Monday 06 June 2022 to Friday 10 June 2022 (both days inclusive) for the purpose of updating the Register of Members and preparation for payment of Dividend.

6. Dividend

The Board of Directors of the Company has recommended a dividend of 16.5k (Sixteen and half Kobo) per share, which is payable less the appropriate withholding tax at the time of payment. If the recommendation is approved at the Meeting, the accounts of shareholders with the appropriate e-dividend mandate, and whose names appear on the Register of Members as at the close of business on Friday, June 03 2022, will be credited on Wednesday 29 June 2022.

1. Unclaimed Share CertificatES and Dividend WarranTS
   Shareholders are hereby informed that a number of shares certificates and dividend warrants have been returned to the Registrars as 'unclaimed'. Any shareholder affected by this notice is advised to contact the Company's Registrars, First Registrars and Investor Services Limited, Plot 2, Abebe Village Road, P.M.B. 12692, Lagos, Nigeria.
2. E-Dividend
   Notice is hereby given to all shareholders to open bank and CSCS accounts for prompt receipt of dividend payments and in accordance with the directive from the Securities and Exchange Commission. Details of such accounts should be sent to the Registrars. A detachable e-dividend form is attached to the Annual Report and Accounts.
3. NominaTIONS to the Audit Committee
   In accordance with Section 404 (6) of the Companies and Allied Matters Act 2020, such nomination should be in writing and should reach the Company Secretary at least twenty- one (21) days before the Annual General Meeting and any nomination not received prior to the meeting as stipulated is invalid. Section 404 (5) of CAMA 2020 stipulates that, all members of the Audit Committee should be financially literate and at least one member must be a member of a professional accounting body in Nigeria established by the Act of the National Assembly. Thus, a detailed Curriculum Vitae confirming the nominee's qualification should be submitted with each nomination to the Statutory Audit Committee.
4. Re- Election and Election of DirectorS

In accordance with the provisions of Sec 285 of CAMA 2020 the Directors to retire by rotation at the AGM are Dr Taiwo Afolabi and Mr. Kayode Filani. Both being eligible are offering themselves for re-election.

1. Profile of DirectorS
   The profile of all Directors is available for viewing on the Company's website at www.sahcoplc.com.
2. Rights of Securities HolderS Shareholders have a right to ask questions not only at the Meeting, but also in writing prior to the Meeting, and such written questions must be submitted to the Company Secretary, on or before Thursday, 23rd June 2022.