Energy Governance Solutions for Sustainable Growth

At Chai Energy PLC, our governance philosophy is not merely a compliance exercise; it is the very foundation of everything we do. We believe that the confidence of our shareholders, regulators, and the public depends entirely on how transparently and accountably we operate, guided by our key governance policies and the principles upheld by our board of directors.

The board of directors is responsible for the overall strategic direction, oversight, and accountability of Chai Energy PLC. This board comprises seven directors who are appointed by the founding shareholders, with the Chairman appointed by Bargane Energy Limited, reflecting our strong governance philosophy and adherence to key governance policies.

A team of world-class professional advisors supports the Board of Directors to uphold our governance philosophy:  

Legal Advisors (BELA): Provide legal counsel on all aspects of the company's transactions, governance, and regulatory compliance, ensuring alignment with key governance policies.  

Transaction Advisors: Lead the IPO process and advise on capital markets strategy and execution, integral to our governance framework.  

Technical Advisors (Mundus Afrique): Conduct technical due diligence and assessment of the company's energy asset holdings, contributing to robust governance practices.  

Corporate Administrator: Oversee the company's day-to-day administration, including financial reporting, regulatory compliance, and maintaining adherence to corporate governance standards.  

Company Secretary (Kermatin Limited): Maintain statutory records, convene Board and general meetings, and ensure compliance with the Companies Act, 2019 (Act 992), reinforcing our key governance policies.

Reserved Matters Policy: Certain decisions, including asset acquisitions, new share issuances, major contracts, and borrowings above set thresholds, require the approval of both shareholders in alignment with the board of directors' governance philosophy. Confidentiality Policy: All commercially sensitive information, particularly those matters related to investors, is handled with strict confidentiality under our key governance policies. Conflict of Interest Policy: All related-party transactions must be conducted on arm's-length terms and must be disclosed to the Board to maintain transparency within our governance framework. Dividend Policy: Distributions are determined at the discretion of the Board, taking into account the company's financial position and funding requirements, in keeping with our overall governance philosophy.