CHAMWE KAIRA
FirstRand Namibia shareholders have approved all ordinary resolutions tabled at the bank’s annual general meeting held on 16 October 2026, including its annual financial statements, dividend confirmation and director appointments.
According to a notice issued by the company, the resolutions were approved by the requisite majority of shareholders present or represented by proxy.
The results were released by order of the board and signed by group company secretary Nelago Makemba.
A total of 236 198 047 shares were voted on each resolution, representing 88.27% of the shares.
Shareholders approved the annual financial statements for the year ended 30 June 2026 and confirmed dividends, with both resolutions receiving support equivalent to 88.27% of shares. No votes were recorded against either resolution.
The re-election of non-executive director Samantha Balsdon and independent non-executive director Markus Johannes Lubbe was also approved, alongside the appointment of Conville Raymond Britz to fill a vacancy created during the year.
The appointment of Audit and Risk Committee members received varying levels of support.
Lubbe’s appointment to the committee received 83.38% support, while 4.89% of shares were voted against the resolution.
The remaining 11.73% of shares were not voted on, based on the reported voting figures.
Emile van Zyl’s appointment received support equivalent to 88.27% of shares, with no votes against. Britz’s appointment received 88.05% support, while 0.22% of shares were voted against.
Shareholders also approved the reappointment of the external auditors and authorised the determination of their remuneration.
The resolution received support equivalent to 88.27% of shares, with no votes against.
Resolutions concerning non-executive director remuneration for the 2026 and 2027 financial years each received 88.18% support. Abstentions accounted for 0.09% of shares on each resolution.
The Reward Philosophy and Principles Policy was approved with support equivalent to 88.25% of shares, while 0.02% of shares abstained. No votes were recorded against the policy.
The final resolution, authorising the signing of documents, was also approved with support equivalent to 88.27% of shares.
