NOTICE IS HEREBY GIVEN that the Twenty Ninth (29th) Annual General Meeting of Sri Lanka Telecom PLC will be held as a virtual meeting on Friday, 19 June 2026, at 10:00 AM (IST – India Standard Time) from the broadcast venue at the meeting room at Mobitel (Pvt) Ltd., Lesley Ranagala Mawatha, Baseline Road, Colombo 08, for the purpose of conducting the following business:
AGENDA
1. To receive and consider the Annual Report of the Board of Directors on the Affairs of the Company and the Statement of Accounts for the year ended 31 December 2025 with the Report of the Auditors’ thereon.
2. To declare a First and Final dividend of Cents Seventy Five (LKR 0.75) per share as recommended by the Directors.
3. To elect Mr A N Hapugala as a Director, who was appointed to the Board to fill a casual vacancy in the Board subsequent to the last Annual General Meeting, in terms of Article 97 of the Articles of Association of the Company.
4. To elect Mr Raghvendra Madhav as a Director, who was appointed to the Board to fill a casual vacancy in the Board subsequent to the last Annual General Meeting, in terms of Article 97 of the Articles of Association of the Company.
5. To re-elect Mr T M Thilakaratne as a Director, who retires by rotation in terms of Articles 91 and 92 of the Articles of Association of the Company.
6. To re-appoint as Director Mr Chan Chee Beng, who is over the age of 70 years and vacates his office in terms of Section 210 of the Companies Act No. 07 of 2007 (the Act).
Notice is hereby given to propose the undernoted Ordinary Resolution in terms of Section 211 of the Act, in relation to his re-appointment.
“RESOLVED THAT Mr Chan Chee Beng, who is over the age of 70 years, be and is hereby re-appointed a Director of the Company and it is hereby declared that the age limit of 70 years referred to in Section 210 of the Companies Act No. 07 of 2007 shall not apply to the said Mr Chan Chee Beng”
7. (a) To re-appoint as Director Mr Nihal Fonseka, who is over the age of 70 years and who vacates his office in terms of Section 210 of the Companies Act No. 07 of 2007 (the Act).
Notice is hereby given to propose the undernoted Ordinary Resolution in terms of Section 211 of the Act, in relation to his re-appointment.
“RESOLVED THAT Mr Nihal Fonseka, who is over the age of 70 years, be and is hereby re-appointed a Director of the Company and it is hereby declared that the age limit of 70 years referred to in Section 210 of the Companies Act No. 07 of 2007 shall not apply to the said Mr Nihal Fonseka”
(b) To consider Mr Nihal Fonseka as an Independent Director in compliance with Rule 9.8.3 (ix) of the Listing Rules of the Colombo Stock Exchange.
WHEREAS the Board of Directors having confirmed the recommendations made by the Nominations and Governance Committee to consider Mr Nihal Fonseka, who is above 70 years of age, as nevertheless independent, taking into consideration the fact that he meets the criteria for determining independence as set out in Rule 9.8.3 (i) to (viii);
“RESOLVED THAT Mr Nihal Fonseka, who is above 70 years of age, be and is hereby considered as an Independent Director of the Company.
8. To re-appoint as Director Dr Mothilal de Silva, who is over the age of 70 years and who vacates his office in terms of Section 210 of the Companies Act No. 07 of 2007 (the Act).
Notice is hereby given to propose the undernoted Ordinary Resolution in terms of Section 211 of the Act, in relation to his re-appointment.
“RESOLVED THAT Dr Mothilal de Silva, who is over the age of 70 years, be and is hereby re-appointed a Director of the Company and it is hereby declared that the age limit of 70 years referred to in Section 210 of the Companies Act No. 07 of 2007 shall not apply to the said Dr Mothilal de Silva”
9. To note the mandate provided to the Auditor General under Article 154 of the Constitution of the Democratic Socialist Republic of Sri Lanka to audit the companies registered or deemed to be registered under the Companies Act No. 07 of 2007 in which the Government or a public corporation or local authority holds fifty per centum or more of the Shares of that company.
10. To authorise the Directors to determine and make donations to charities.
BY ORDER OF THE BOARD
SRI LANKA TELECOM PLC
Mahesh Athukorale
Group Company Secretary
14 May 2026
Colombo
Notes:
- The AGM will be held as a virtual meeting, and as such shareholders will only be able to participate in the AGM via the designated online meeting platform.
- Only persons who are shareholders of the Company and whose names appear on the Share Register as at 17 June 2026 will be entitled to participate in the above virtual meeting.
- A shareholder entitled to participate and vote at the above virtual meeting is entitled to appoint a proxy to participate and vote in his/her place by completing the Form of Proxy enclosed herewith.
- A proxy need not be a shareholder of the Company. However, the proxy must be above 18 years of age.