#DirectorRegularization

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📢 Governance Update: Regularization of Additional Directors

Did you know? An Additional Director appointed by the Board must be regularized at the next AGM. If not, their term automatically ends on the AGM date!

⚠️ Why It Matters:

1️⃣ Cessation of Directorship – Director exits post-AGM 2️⃣ Board Vacancy – Affects quorum & continuity 3️⃣ Non-Compliance – Risk of penalties/legal issues 4️⃣ Business Impact – Disruption if director holds a key role 5️⃣ Shareholder Discontent – Loss of trust & reputation

✅ Stay compliant. Ensure timely regularization for seamless governance