RESULTS OF THE 2019 ANNUAL GENERAL MEETING OF FREE BIRD INSTITUTE LTD

Latileta Qoro and Yoshinobu Higashi have been reappointed as board directors of Free Bird Institute Limited. These reappointments was finalised during the Annual General Meeting of members of Free Bird Institute Limited that was held at the Free Bird Institute Namaka Campus in Nadi on July 18, 2019. According to a statement released by the South Pacific Stock Exchange (SPX), results of the

2019 Annual General Meeting of Free Bird Institute Limited as below:

Resolution a: Minutes of the last AGM

To receive, consider and adopt the Minutes of the last Annual General Meeting held on May 24, 2019 as a true and correct record of the meeting. The motion was moved by Timoci Taukei and seconded by Seru Vuiyasawa and was unanimously accepted by the Shareholders.

Resolution 1: Audited Financial Statements for the year ended 31 December 2019

To receive, consider and adopt the Audited Financial Statements for the year ended 31 December 2019 comprising of the statement of financial position, statement of profit or loss and other comprehensive income, statement of changes in equity and statement of cash flows, directors’ report, statement by the directors and the Report of the Auditors together with the notes comprising significant accounting policies and other explanatory information for the year then ended. The motion was moved by Dilikoti Cagi and seconded by Josese Bisavakauca and was unanimously accepted by the Shareholders.

Resolution 2 (a): Re-appointment of Latileta Qoro

Latileta Qoro retires by rotation in accordance with Article 7.3 of the Company’s Article of Association and being eligible offers herself for reappointment as a Director of the Company. The motion was moved by Marica Debalevu and seconded by Timoci Taukei and was unanimously accepted by the Shareholders.

Resolution 2 (b): Re-appointment of Yoshinobu Higashi

Yoshinobu Higashi retires by rotation in accordance with Article 7.3 of the Company’s Article of Association and being eligible offers himself for reappointment as a Director of the Company. The motion was moved by Josese Bisavakauca and seconded by Dilikoti Cagi and was unanimously accepted by the Shareholders.

Resolution 3: Appointment of Auditors

The board proposes that Messrs KPMG be appointed as auditors of the company until the next AGM and that the Board be authorised to fix their remuneration.

The motion was moved by Dilikoti

Cagi and seconded by Timoci Taukei and was unanimously accepted by the Shareholders.

Resolution 4: Ratification of Final Dividend

The Board has ratified that no further dividend be declared with respect to the 2019 financial year and that the interim dividend declared in October 2019 be considered final dividend for 2019.

The motion was moved by Josese Bisavakauca and seconded by Seru Vuiyasawa and was unanimously accepted by the Shareholders.