KAL GROUP LIMITED - Results Of The Annual General Meeting

Results Of The Annual General Meeting

KAL GROUP LIMITED
(Previously Kaap Agri Limited)
(Incorporated in the Republic of South Africa)
(Registration number: 2011/113185/06)
Share code: KAL
ISIN: ZAE000244711
("KAL Group" or the "Company")

RESULTS OF THE ANNUAL GENERAL MEETING

Shareholders are hereby advised that at the annual general meeting of the Company held at
12:30 p.m. today, Thursday, 8 February 2024 at the Grande Roche Hotel, 1 Plantasie Street,
Paarl, 7646 ("AGM"), all of the resolutions were passed by the requisite majority of the
Company's shareholders.

Details of the results of the voting at the AGM are as follows:

                                     Votes
                       Votes for     against
                       resolution    resolution
                       as a          as a                         Number of      Number of
                       percentage    percentage                   shares         shares
                       of total      of total                     voted at       abstained
                       number of     number of      Number of     AGM as a       as a
Resolutions            shares        shares         shares        percentage     percentage
proposed at the        voted at      voted at       voted at      of shares in   of shares in
AGM                    AGM           AGM            AGM           issue*         issue*

Ordinary resolution    97.12%        2.88%          37 058 067    49.86%         0.03%
number 1:
Appointment of
Deloitte as the
auditor

Ordinary resolution    99.96%        0.04%          37 058 067    49.86%         0.03%
number 2:
Re-election of Dr
EA Messina as
director

Ordinary resolution    92.62%        7.38%          37 064 245    49.87%         0.02%
number 3:
Re-election of Mr
GM Steyn as
director

Ordinary resolution    100%          0.00%          37 058 067    49.86%         0.03%
number 4:
Re-election of Mr I
Chalumbira as
director

Ordinary resolution    91.83%        8.17%          37 064 245    49.87%         0.02%
number 5:
Re-appointment of
Mr CA Otto as
member of the
Audit and Risk
committee

Ordinary resolution    98.34%        1.66%          37 058 067    49.86%         0.03%
number 6:
Re-appointment of
Mrs D du Toit as
member of the
Audit and Risk
committee

Ordinary resolution    100%          0.00%          37 058 067    49.86%         0.03%
number 7:
Re-appointment of
Ms B Mathews as
member of the
Audit and Risk
committee

Ordinary resolution    93.53%        6.47%          37 064 245    49.87%         0.02%
number 8:
Appointment of Mr
JH le Roux as a
member of the
Audit and Risk
committee

Ordinary resolution    88.31%        11.69%         37 040 461    49.84%         0.05%
number 9:
Non-binding
endorsement of
KAL Group's
remuneration policy

Ordinary resolution    91.47%        8.53%          37 058 067    49.86%         0.03%
number 10:
Non-binding
endorsement of
KAL Group's
implementation
report on the
remuneration policy

Ordinary resolution    93.43%        6.57%          34 949 142     47.03%        2.87%
number 11:
General authority to
issue ordinary
shares for cash

Special resolution     98.33%        1.67%          37 057 586     49.86%        0.03%
number 1:
Approval of non-
executive directors'
remuneration

Special resolution     98.78%        1.22%          37 058 067     49.86%        0.03%
number 2:
Share repurchases
by the Company
and its subsidiaries

Special resolution     100%          0.00%          37 058 067     49.86%        0.03%
number 3:
Inter-company
financial assistance

Special resolution     95.97%        4.03%          37 057 586     49.86%        0.03%
number 4:
Financial
assistance for the
subscription and/or
purchase of shares
in the Company or
a related or inter-
related company

Note:

*Total number of shares in issue as at the date of the AGM was 74 319 837, of which 4 200
379 were treasury shares.

Paarl
8 February 2024

Sponsor
PSG Capital

Date: 08-02-2024 05:00:00
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