CUTIX PLC 43rd AGM Resolutions August 2026

CUTIX PLC convened its 43rd Annual General Meeting on Friday, August 28, 2026, at Anaedo Social Club Hall, 20 Ezenwegbu Road, Otolo, Nnewi, Anambra State, where shareholders passed seven resolutions.

The company's Audited Financial Statements for the year ended April 30, 2026, along with the Directors' Report, Management Report on Internal Control Over Financial Reporting, and Independent Auditors' reports, were laid before members.

Shareholders approved the re-election of Mr. Ikechukwu Nwosu and Mr. Abayomi Olayinka, both of whom retired by rotation and were eligible for re-election. The Board was authorised to fix remuneration for the External Auditors for the 2027 financial year, and Non-Executive Directors' remuneration for 2027 was also approved.

Three shareholders — Mr. Chima Nwosu, Mr. Jude Okpala, and Miss Scholastica Chukwuka — were elected as shareholders' representatives on the Statutory Audit Committee, joining Board-appointed representatives Mr. Ifeanyi Uzodike and Mr. Abayomi Olayinka.

Shareholders also approved a general mandate permitting the company to enter recurrent transactions with related parties on normal commercial terms, in compliance with applicable laws. Manager remuneration was disclosed in line with Section 257 of CAMA 2020.