Berger Paints Nigeria 2026 AGM Resolutions and Dividend Approved

Berger Paints Nigeria Plc disclosed the outcomes of its 66th Annual General Meeting held virtually on Thursday, 21 May 2026. Shareholders approved a final dividend of ₦1.25 per 50 kobo ordinary share for the financial year ended 31 December 2025, subject to withholding tax. The qualification date for the dividend was the close of business on 23 April 2026.

Two Independent Non-Executive Directors, Mrs. Erejuwa Gbadebo and Dr. Aisha Umar, retired by rotation and were subsequently re-elected to the Board. The Statutory Audit Committee was reconstituted with three shareholder representatives (Mr. Chibuzor Eke, Mrs. Mary Joke Shofolahan, and Mr. Taiwo Afinju) alongside two Board appointees, Dr. Ogechi Iheanacho and Mr. Kunle Olowokande.

Under special business, shareholders approved retirement benefits of ₦37,030,000.00 for Mr. Raj Mangtani following his departure from the Board. Management remuneration for the 2025 financial year was disclosed at ₦280,432,513.33, as reported on page 31 of the Annual Report. Shareholders also renewed the General Mandate covering recurring related party transactions, which remains valid until the next AGM.