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GRAND PARADE INVESTMENTS LIMITED - Results Of The Annual General Meeting

Release Date: 13/12/2018 15:00
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Results Of The Annual General Meeting

GRAND PARADE INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1997/003548/06)
Share code: GPL
ISIN: ZAE000119814
(“GPI” or “the Company”)

RESULTS OF THE ANNUAL GENERAL MEETING

Shareholders are hereby advised that the results of the voting at the annual general meeting
of the Company held in the Market Hall at GrandWest Casino, 1 Jakes Gerwel Drive,
Goodwood, Cape Town (“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
 number 1:
 Appointment of Ms
 P Moodley as
 director                Withdrawn      Withdrawn      Withdrawn     Withdrawn      Withdrawn
 
 Ordinary resolution
 number 2:
 Re-election of Dr
 NV Maharaj as
 director                   60.13%         39.87%     339,221,103       72.17%          3.22%
 
 Ordinary resolution
 number 3:
 Re-election of Prof.
 WD Geach as
 director                   58.28%         41.72%     339,236,719       72.17%          3.21%
 
 Ordinary resolution
 number 4:
 Re-appointment of
 Dr NV Maharaj as a
 member of the
 Audit and Risk
 Committee                  59.11%         40.89%     339,272,119       72.18%          3.62%
 
 Ordinary resolution
 number 5:
 Re-appointment of
 Prof W Geach as a
 member of the              50.95%         49.05%     339,184,319       72.16%         13.22%
 Audit and Risk
 Committee
 
 Ordinary resolution
 number 6:
 Appointment of Mr
 R Hargey as a
 member of the
 Audit and Risk
 Committee              Withdrawn        Withdrawn        Withdrawn     Withdrawn     Withdrawn
 
 Ordinary resolution
 number 7:
 Re-appointment of
 EY as independent
 auditor                    87.41%        12.59%      339,279,955        72.18%         15.13%
 
 Ordinary resolution
 number 8:
 Non-binding
 advisory vote on
 the Company’s
 remuneration policy      39.44%          60.56%       339,207,578       72.18%         10.31%
 
 Ordinary resolution
 number 9:
 Non-binding
 advisory vote on
 the implementation
 of the Company’s
 remuneration policy      37.14%          62.86%       339,071,034       72.14%        10.22%
 
 Special resolution
 number 1:
 Remuneration of
 non-executive
 directors                72.59%          27.41%       339,302,711       72.19%         10.20%
 
 Special resolution
 number 2:
 Inter-company
 financial assistance     67.89%          32.11%       339,294,346       72.19%         10.15%
 
 Special resolution
 number 3:
 Financial
 assistance for
 acquisition of
 shares in a related
 or inter-related
 company                  69.53%         30.47%        339,334,498       72.20%         10.15%
 
 Special resolution
 number 4:
 Share buy-back by
 the Company and
 its subsidiaries         74.16%        25.84%         339,259,334       72.18%         10.06%

Note:
Total number of shares in issue as at the date of the AGM was 470,022,741.
Shareholders are further advised that, as ordinary resolution number 8, relating to the non-
binding advisory vote on the remuneration policy of the Company and ordinary resolution
number 9 relating to the non-binding advisory vote on the implementation of the remuneration
policy, were voted against by 25% or more of the votes exercised by the Company’s
shareholders present in person or represented by proxy at the AGM, an invitation will be
extended to such dissenting shareholders to engage with the Company. The manner and
timing of such engagement has not as yet been finalised and the Company will issue a further
announcement shortly setting out such details.

Cape Town
13 December 2018

Sponsor
PSG Capital

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