Notice is hereby given to the Shareholders to attend the 32nd Annual Ordinary and 13th Extraordinary General Meetings of Awash Insurance S.C. which will be held in accordance with Article 366(1), 367(1), 370, 393(2), 394 and 400(1 & 2) of the Commercial Code of Ethiopia, Proclamation Number 1243/2021 as well as Article 21.1(a & b) and 21(2) of the Memorandum of Association of the Company. The General Meeting will be held on Saturday, November 14, 2026 at Addis Ababa Hilton Hotel starting from 8:00 a.m.
- BASIC INFORMATION ABOUT THE COMPANY
1.1. Company Name: Awash Insurance Share Company
1.2. Address:- Awash Towers, Addis Ababa, Kirkos Subcity, Woreda 7
Website: www.awashinsurance.com
1.3. Company’s subscribed capital as at June 30, 2026:- Birr 4,000,000,000
1.4. Company’s paid-up capital as at June 30, 2026:- Birr 3,375,301,500
1.5. Business Registration Certificate Number:-አአ/ገግ /-3-1532/87
1.6. Insurance Business License Number:- 003/94
- AGENDA FOR 32nd ANNUAL ORDINARY GENERAL MEETING
2.1. Notification of Share Transfers, Share Sales and New Shareholders who acquired shares in 2025/26;
2.2. Consideration of appointment of a substitute Board Director;
2.3. Consideration and approval of the 2025/26 Annual Report of Board of Directors;
2.4. Consideration and approval of the 2025/26 Annual Report of External Auditors;
2.5. Deliberation on and approval of the proposed appropriation of 2025/26 profits;
2.6. Approval of annual compensation of Board of Directors for 2025/26;
2.7. Approval of Board of Directors’ monthly allowance for 2026/27;
2.8. Approval of External Auditors’ additional fee for auditing of the 2025/26 Financial Statements;
2.9. Election of External Auditors; and
2.10. Approval of the External Auditors’ annual fee for 2026/27.
- AGENDA FOR 13th EXTRAORDINARY GENERAL MEETING
- Consideration of Board of Director’s proposed amendment on the approved subscription settlement date by the 11th Extraordinary General Meeting;
- Consideration of capital increase proposed by the Board of Directors; and
- Amendment to the Memorandum of Association of the Company.
N.B. Shareholders who are not able to attend the meetings in person may sign and return the proxy form and give one copy to the designated agent and the second copy along with the copy of renewed identification card of a shareholder to be submitted to the Company’s CEO office, on the 2nd floor of Awash Towers, three days before the meeting date. Besides, shareholders are kindly requested to bring their National Identity Card when attending the General Meetings.
By Order of the Board of Directors አዋሽ ኢንሹራንስ አ.ማ. INSURANCE AWASH INSURANCE S.C.
