Liberty Shoes Limited — Board Meeting, 18-04-2025: Outcome of Board Meeting

The Board of Directors met and approved several key measures, including the reconstitution of the Nomination and Remuneration Committee in light of the recent passing of a member. The board reviewed financial performance, noting significant improvements in revenue for the quarter and financial year 2024-25. The company also moved to pay annual incentives to three Executive Directors, subject to shareholder approval, and will conduct a Postal Ballot for this purpose. A scrutinizer for the ballot process was appointed, and a cut-off date for voting eligibility was established.