Annual General Meeting

The Annual General Meeting (AGM) is your opportunity to help us provide the best service for our Members. Your vote tells us if the Society is moving in the right direction. Holloway Friendly is owned by you, the Members.

At this years AGM you voted and agreed to:

1. confirm the minutes of the last Annual General Meeting held on the 4 June 2024

2. accept the Society’s 2024 Annual Accounts, including the report of the Society’s Board

3. approve the 2024 Directors’ Remuneration Report*

4. appoint BDO LLP of 55 Baker Street, London, W1U 7EU as the Society’s Independent Auditor

5. approve the changes to the rules in accordance with section 27.5 of the Society’s rules**

* This was an advisory note, to allow the Board to understand your views.

** We have made two changes to the rules:

• We removed section 12.2 which stated ‘The same person may be appointed as both the Chief Executive and the Secretary. The same persons may not also be the chairman’. We made this change so our Chair could act as Interim Chief Executive while we recruited a new Chief Executive last year

• We removed the word annotated from all references to the AFM Corporate Governance Code so the rules show the correct name for the code

You decided who should serve as a Director

All of your Directors serve for a fixed term. At the 2025 AGM:

6. Mr D. Wright was re-elected as an independent Non-Executive Director for a further term of 1 year

7. Mr A. Horsley was re-elected as an independent Non-Executive Director for a further term of 3 years

8. Mrs A. East was re-elected as an independent Non-Executive Director for a further term of 1 year

9. Mr J.B. Pears was newly elected as an Executive Director for a term of 3 years

All of your Directors’ biographies are in the Society’s financial statements. You can ask for a copy by emailing us at [email protected] or find them here.