HUGE GROUP LIMITED - Results of annual general meeting

Results of annual general meeting

HUGE GROUP LIMITED
(Registration number 2006/023587/06)
Share code: HUG ISIN: ZAE000102042
(“Huge” or “the Company”)

RESULTS OF ANNUAL GENERAL MEETING

Huge shareholders are advised that the voting results for the annual general
meeting of Huge (“AGM”) held at the registered offices of the Company on 8
October 2020 were as follows:

Resolution                      Number of     Percentage        For**   Against**   Abstained***
                             shares voted   of shares in           %           %              %
                               at the AGM         issue*
                                                       %
Ordinary Resolution           146 237 493         84.14        100.00        0.00           0.33
Number 1 –
Re-appointment of the
independent auditor
Ordinary Resolution           146 237 493         84.14        100.00        0.00            0.33
Number 2.1 –
Re-election of a director:
BC Armstrong
Ordinary Resolution           146 237 493         84.14        100.00        0.00            0.33
Number 2.2 –
Re-election of a director:
DF da Silva
Ordinary Resolution           146 237 493         84.14        100.00        0.00            0.33
Number 2.3 –
Re-election of a director:
CWJ Lyons
Ordinary Resolution           146 237 493         84.14        100.00        0.00            0.33
Number 3.1 –
Election of Audit
Committee member and
Chairman: DR Gammie
Ordinary Resolution           146 237 493         84.14         99.83        0.17            0.33
Number 3.2 –
Election of Audit
Committee member:
CWJ Lyons
Ordinary Resolution                                        Withdrawn
Number 3.3 –
Election of Audit
Committee member: SP
Tredoux
Ordinary Resolution           146 237 493         84.14         74.16       25.84            0.33
Number 4 –
 General authority to allot
 and issue Securities
 (including ordinary
 shares) for cash
 Advisory Endorsement         146 200 230        84.12         98.07         1.93            0.35
 Number 1 –
 Approval of the
 Company’s
 Remuneration Policy
 Advisory Endorsement         146 200 230        84.12         99.83         0.17            0.35
 Number 2 –
 Approval of the
 Company’s
 Remuneration
 Implementation Report
 Special Resolution           146 200 280       84.12        100.00          0.00            0.35
 Number 1 –
 Approval of the
 remuneration of non-
 executive directors
 Special Resolution           146 200 280       84.12        100.00          0.00            0.35
 Number 2 –
 Authority for the
 Company to grant
 financial assistance in
 terms of section 45 of the
 Companies Act
 Special Resolution           146 237 493       84.14         98.25          1.75            0.33
 Number 3 –
 General authority to
 repurchase (acquire)
 securities (including
 ordinary shares)

*      Based on 173 800 534 shares in issue at the record date of the AGM.
**     In relation to the total number of shares voted at the AGM.
***    In relation to the total number of shares in issue at the date of the AGM.

Based on the above voting results, all resolutions, except for ordinary resolution
number 4 (general authority to allot and issue securities for cash), were passed by
the requisite majority of Huge shareholders present in person or represented by proxy
at the AGM.

Johannesburg
9 October 2020

Sponsor
Nedbank Corporate and Investment Banking

Date: 09-10-2020 11:58:00
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