MPACT LIMITED - Report on Proceedings at the Annual General Meeting and Changes to the Board Committees

Report on Proceedings at the Annual General Meeting and Changes to the Board Committees

Mpact Limited
(Incorporated in the Republic of South Africa)
(Registration number 2004/025229/06)
JSE and A2X share code: MPT ISIN: ZAE000156501
("Mpact" or "the Company")

REPORT ON PROCEEDINGS AT THE ANNUAL GENERAL MEETING ("AGM") AND
CHANGES TO THE BOARD COMMITTEES

At the AGM of the shareholders of Mpact held on Thursday, 05 June
2025, all ordinary, non-binding and special resolutions proposed
at the AGM were approved by the requisite majority of votes, save
for special resolution number 1. Ordinary resolutions 1.2 and 2.2
were withdrawn prior to the AGM.

Mpact confirms the voting statistics from the AGM as follows:

                                 Votes cast                        Shares       Shares
                              disclosed as a                        voted    abstained
                               percentage in                    disclosed    disclosed
                             relation to the                         as a         as a
                             total number of     Number of     percentage   percentage
       Resolutions           shares voted at       shares             in           in
                                   the AGM          voted        relation     relation
                                                                   to the       to the
                                                                    total        total
                                                                   issued       issued
                            For       Against                     shares*      shares*
Ordinary resolution 1.1:
Re-election of M.
Makanjee as a director      100,00%     0,00%   139 936 692        93,63%        0,20%

Ordinary resolution 1.2:                           WITHDRAWN

Ordinary resolution 1.3:
Election of S. Mayet as a
director                     99,35%     0,65%   139 936 692        93,63%        0,20%
Ordinary resolution 2.1:
Election of DG Wilson as
Audit and Risk Committee
member                      100,00%     0,00%   139 936 692        93,63%        0,20%

Ordinary resolution 2.2:                           WITHDRAWN

Ordinary resolution 2.3:
Election of FC Futwa as
Audit and Risk Committee
member                      100,00%     0,00%   139 936 692        93,63%        0,20%
Ordinary resolution 2.4:
Election of S. Mayet as
Audit and Risk Committee
member                      100,00%     0,00%   139 936 692        93,63%        0,20%
Ordinary resolution 3.1:
Election of M. Makanjee
as Social and Ethics
Committee member            100,00%     0,00%   139 936 692        93,63%        0,20%
Ordinary resolution 3.2:
Election of ABA Conrad as
Social and Ethics
Committee member            100,00%    0,00%   129 045 568         86,34%        7,48%
Ordinary resolution 3.3:
Election of FC Futwa as
Social and Ethics
Committee member            100,00%    0,00%   139 936 692         93,63%        0,20%
Ordinary resolution 3.4:
Election of BW Strong as
Social and Ethics
Committee member            100,00%    0,00%   139 936 692         93,63%        0,20%
Ordinary resolution 4:
Appointment of PWC as
auditors                    100,00%    0,00%   139 936 692         93,63%        0,20%
Non-binding advisory vote
1: Remuneration Policy       86,90%   13,10%   139 936 692         93,63%        0,20%
Non-binding advisory vote
2: Implementation Report     86,90%   13,10%   139 936 692         93,63%        0,20%
Special resolution 1:
General authority to
repurchase shares            57,33%   42,67%   139 936 692         93,63%        0,20%
Special resolution 2:
Non-executive directors'
remuneration                 94,69%    5,31%   139 936 692         93,63%        0,20%



*Total number of shares in issue                                 149 453 688

Total number of shares
represented (including proxies) at the AGM                       140 229 782

Proportion of total voteable shares
represented at the AGM                                                93.83%

CHANGES TO THE BOARD COMMITTEES

Further to the announcement released on 29 May 2025, wherein
shareholders were advised of the appointment of Mr PCS Luthuli as
the Chairman of the Board of Directors and the Chairman of the
Nomination Committee, the following changes have been made to the
composition of the Board committees upon conclusion of today's
AGM:

   •   Mr DG Wilson has been appointed as the Chairman of the
       Remuneration Committee;
   •   Ms ABA Conrad has been appointed as a member of the
       Remuneration and Nomination Committee; and
   •   Mr S Mayet has been appointed as the Chairman of the Audit
       and Risk Committee.

Melrose Arch
05 June 2025
Sponsor
The Standard Bank of South Africa Limited

Date: 05-06-2025 05:30:00
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