3. Relations with shareholders and other stakeholders The shareholding structure of CFSL as at 30 September 2023 is as follows: Elgin Ltd (Elgin) The Company Cim Holdings Ltd (CHL) *Others 100% 100% 53% 47% * The National Pensions Fund has a direct interest of 5.06% in the share capital of the Company. No shareholders’ agreement which could affect the governance of the Company has been disclosed to the Board and/or the Company. The share ownership analysis per holding percentage and categories of shareholders as at 30 September 2023 is as follows: Spread Number of shareholders Number of shares held % Holding 1 – 50,000 3,407 24,865,022 3.6539 50,001 – 250,000 315 33,896,889 4.9811 250,001 – 500,000 54 19,359,129 2.8447 Over 500,000 67 602,401,270 88.5204 Total 3,843 680,522,310 100 Category Number of shareholders Number of shares held % Holding Individuals 3,472 91,335,077 13.4213 Insurance & Assurance 17 80,030,769 11.7602 Investment & Trust 57 49,022,647 7.2037 Pension & Provident 67 70,653,837 10.3823 Other Corporate Bodies 230 389,479,980 57.2325 Total 3,843 680,522,310 100 Corporate Governance Report Continued 84 CIM FINANCE ANNUAL REPORT
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