Namibia Asset Management sets 28th AGM date, outlines key approvals

Namibia Asset Management Limited (NAM) will hold its 28th Annual General Meeting on February 12, 2026, at 10h30 in Windhoek. The meeting will cover the presentation of audited annual financial statements for the year ended September 30, 2025, which were approved by the board on December 17, 2025, and are available on the company's website. Key items for shareholder approval include remuneration for non-executive directors for the 2026 financial year. Proposed fees for the NAM board chairman are N$20,785 (up from N$19,795) per meeting, while members are set to receive N$13,104 (up from N$12,480).

The meeting will also address the appointment of EY Namibia as the registered auditor for the group and company. Shareholders will confirm the appointment of Taschiona Gawaxab as an independent non-executive director, effective January 2, 2026. Gawaxab brings extensive experience in ICT operations and digital transformation.

Additionally, Ordinary Resolution Number 4 will see the re-election of Gordon Young, Schalk Walters, and Nur-Reza Salie, who are retiring by rotation but are eligible for re-election. Ordinary Resolution Number 5 will elect Schalk Walters (chairman), Absolom Kapenda, and Nur-Reza Salie to the audit and risk committee. A non-binding advisory vote on the company’s remuneration policy is also on the agenda.