Janashakthi Life successfully hosts its first fully fledged virtual AGM

(Colombo, LANKAPUVATH ): Leading Sri Lankan Life Insurer, Janashakthi Insurance PLC
held its 27th Annual General Meeting (AGM) via a virtual platform on the 23rd of July
2020. The session was hosted live for shareholders on a virtual platform in compliance
with the precautionary measures and safety recommendations imposed by the World
Health Organisation and Government authorities to combat the ongoing Covid-19
The session was successfully live streamed from the Janashakthi Life head office to
shareholders allowing a successful and interactive session. Shareholders were given
the opportunity to raise any questions, interact and actively participate as the relevant
procedures were explained to all members prior to the commencement of the meeting.
Moreover, online voting was also enabled ensuring seamless engagement and

Commenting during the AGM, Janashakthi Insurance PLC’s Executive Chairman,
Prakash Schaffter reiterated Janashakthi Life’s continued commitment to empower
and support its shareholders, policyholders, partners and the community in these
challenging times. “The initiative of hosting this session on a virtual platform was taken
to ensure the health and safety of all stakeholders due to the prevailing situation. Even
though we are pleased to have delivered a strong performance with all key financial
metrics showing improved results in 2019, we are aware of the health and economic
challenges that lie ahead. As a purpose driven insurer, we remain committed to uplifting
the lives of our community and to support each other navigate these challenging times”,
Prakash Schaffter said.

Jude Fernando, Director/ Chief Executive Officer of Janashakthi Insurance PLC
further stated that “I am truly grateful for the support and adaptability of all our
shareholders as well as our staff members to make this session a success. We are very
pleased that through this virtual session we were able to fulfil our commitment to our
valued shareholders without compromising their safety. We have always believed that
technology and innovation is essential for successful business transformation and
especially in these challenging times virtually enabled interactive sessions help us
connect as we continue to collectively navigate and adapt to the complexities and
challenges in the wake of Covid-19”.

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