The following is a Company Announcement issued by Simonds Farsons Cisk p.l.c. (the “Company”) pursuant to Chapter 5 of the Capital Markets Rules as issued by the MFSA in accordance with the provisions of the Financial Markets Act (Chapter 345 of the Laws of Malta) as they may be amended from time to time.

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Simonds Farsons Cisk p.l.c. announces that it held its 76th Annual General Meeting on 15th June 2023 at Trident Park, Notabile Gardens, Mdina Road, Zone 2, Central Business District, Birkirkara.

The following resolutions were considered and approved by the shareholders:

Ordinary Business – Ordinary Resolutions

1. Financial Statements and Directors’ and Auditors’ Reports

To approve the Income Statement and Statement of Financial Position for the year ended 31 January 2023 and the reports of the Directors and the Auditors thereon.

2. Re-Appointment of Auditors

To re-appoint the auditors PricewaterhouseCoopers and to authorise the Board of Directors to establish their remuneration.

3. Dividend

To approve a final net dividend €0.11 per ordinary share of €0.30, representing a final net dividend of €3,960,000 to be paid to the shareholders of the Company registered on its Register of Members as at close of trading on 25th May 2023.

(The approved dividend will be paid to shareholders on 16th June 2023).

Special Business – Advisory Vote

4. Remuneration Report

To approve the Remuneration Report of the Company for the year ended 31 January 2023.

Special Business – Extraordinary Resolution

5. Amendments to the Memorandum and Articles of Association of the Company

To approve the amendments to specific articles of the Memorandum and Articles of Association of the Company as explained in the Circular to Shareholders dates 25th May 2023 and to proceed with the registration and updated copy of the Memorandum and Articles of Association with the Malta Business Registry.

In view that only two nominations were received in respect of the two posts which were vacated at the conclusion of the 76th Annual General Meeting, there was no need for an election to be held, and Mr Roderick Chalmers and Dr Max Ganado were automatically elected as Directors of the Company with effect from the conclusion of the 76th Annual General Meeting.

The composition of the Board remains unchanged.

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By Order of the Board

Nadine Magro
Company Secretary