Page 28 - Learn Africa 2021 Annual Report

Learn Africa Plc
Corporate Governance Report (cont’d)

For the year ended 31 March 2021

corporate or capital structure; recommendation to shareholders of the appointment or removal of
Auditors and the remuneration of Auditors; approval of resolutions and corresponding documentation
for shareholders in general meeting(s).

The Board carries out these responsibilities through its Committees, which report and make
recommendations to the Board on issues within their respective terms of reference. Through these
Committees, interactive dialogue is employed on a regular basis to set broad policy guidelines and
to ensure the proper management and direction of the Company. All members of the respective
Committees have access to the services of the Company Secretary.

The Board and the Board Committees meet quarterly (at a minimum) in each financial year, although
additional meetings may be convened when the need arises. Decisions are taken at the Board meetings
by way of resolutions, as provided for in the Companies and Allied Matters Act, 2004.

Following the onset of the COVID-19 pandemic which significantly impacted the Company’s
operations, the Board met six (6) times during the year ended 31 March 2021. Below is a record of
the Directors’ attendance at each meeting:

Meetings 1 2 3 4 5 6
Directors 23/4/2020 29/4/2020 6/8/2020 13/8/2020 14/10/2020 21/01/2021
1 Chief Emeke Iwerebon ✓ ✓ ✓ ✓ ✓ ✓

2 Alhaji Hassan Bala ✓ ✓ ✓ ✓ ✓ ✓

3 Alhaji Awwalu Makarfi ✓ ✓ ✓ N/A N/A N/A
4 Mrs Egbichi Akinsanya NYA NYA NYA ✓ ✓ ✓
5 Mr Frederick Ijewere ✓ ✓ ✓ ✓ ✓ ✓

6 Hajia Binta Bakari ✓ ✓ ✓ ✓ ✓ ✓

7 Mrs Yetunde Aina ✓ ✓ ✓ ✓ ✓ ✓

8 Mr Iyinoluwa Aboyeji NYA NYA NYA ✓ ✓ ✓
9 Mr Gbolagunte Aiyedun ✓ ✓ ✓ ✓ ✓ ✓

10 Mrs Cordelia Ojeile ✓ ✓ ✓ ✓ ✓ ✓

Note:
✓ - Present × - Absent with apology NYA - Not Yet Appointed N/A - No Longer a Director

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