MUSTEK LIMITED - Results of annual general meeting

Results of annual general meeting

Mustek Limited
(Incorporated in the Republic of South Africa)
(Registration number 1987/070161/06)
Share code: MST & ISIN: ZAE000012373
("Mustek" or "the Company")

RESULTS OF ANNUAL GENERAL MEETING ("AGM")

The AGM of Mustek shareholders was held today, Thursday, 21 November 2024. All the special and ordinary
resolutions as set out in the notice of AGM to shareholders, dated 4 October 2024, were approved by the requisite
majority of shareholders.

Details of the results of voting at the annual general meeting are as follows:
   • total number of Mustek shares that could have been voted at the AGM: 57 540 000
   • total number of Mustek shares that were present/represented at the AGM: 44 810 317, representing 78%
     of the total number of Mustek shares that could have been voted at the AGM.

The voting details with respect to the proposed resolutions were as follows:

                                             For              Against          Abstained, in       Shares voted
                                                                               relation to total
                                                                               shares in issue
 Ordinary resolution number 1: Re-elect
 Pamella Marlowe as director
 Number of shares                            44 799 307       1 000            10 010              44 800 307
 Percentage                                  100.00%          0.00%            0.02%               77.86%

 Ordinary resolution number 2: Re-elect
 Ralph Patmore as director
 Number of shares                            44 800 307       -                10 010              44 800 307
 Percentage                                  100.00%          0.00%            0.02%               77.86%

 Ordinary resolution number 3: Re-elect
 Neels Coetzee as director
 Number of shares                            44 800 307       -                10 010              44 800 307
 Percentage                                  100.00%          0.00%            0.02%               77.86%

 Ordinary resolution number 4:
 Confirmation of auditor's appointment
 Number of shares                            44 800 307       -                10 010              44 800 307
 Percentage                                  100.00%          0.00%            0.02%               77.86%

 Ordinary resolution number 5:
 Appointment of Pamella Marlowe to
 Audit and Risk Committee
 Number of shares                            44 799 307       1 000            10 010              44 800 307
 Percentage                                  100.00%          0.00%            0.02%               77.86%

 Ordinary resolution number 6:
 Appointment of Ralph Patmore to Audit
 and Risk Committee
 Number of shares                            44 798 039       2 268            10 010              44 800 307
 Percentage                                  99.99%           0.01%            0.02%               77.86%
 
Ordinary resolution number 7:
 Appointment of Shelley Thomas to
 Audit and Risk Committee
 Number of shares                            44 800 307          -             10 010              44 800 307
 Percentage                                  100.00%          0.00%            0.02%               77.86%

 Ordinary resolution number 8: 8.1
 Endorsement of remuneration policy
 Number of shares                            44 795 937       4 370            10 010              44 800 307
 Percentage                                  99.99%           0.01%            0.02%               77.86%

 Ordinary resolution number 8: 8.2
 Endorsement of the implementation
 report
 Number of shares                            43 045 114      1 755 193         10 010              44 800 307
 Percentage                                  96.08%          3.92%             0.02%               77.86%

 Ordinary resolution number 9: Placing
 of shares under the directors' control
 Number of shares                            41 428 084      3 372 223         10 010              44 800 307
 Percentage                                  92.47%          7.53%             0.02%               77.86%

 Ordinary resolution number 10: General
 authority to issue shares for cash
 Number of shares                            44 637 987      162 320           10 010              44 800 307
 Percentage                                  99.64%          0.36%             0.02%               77.86%

 Ordinary resolution number 11:
 Authority to action
 Number of shares                            44 795 937      4 370             10 010              44 800 307
 Percentage                                  99.99%          0.01%             0.02%               77.86%

 Special resolution number 1:
 Remuneration of non-executive
 directors
 Number of shares                            44 795 937      4 370             10 010              44 800 307
 Percentage                                  99.99%          0.01%             0.02%               77.86%

 Special resolution number 2: Financial
 assistance to related and inter-related
 companies
 Number of shares                            39 677 261      5 123 046         10 010              44 800 307
 Percentage                                  88.56%          11.44%            0.02%               77.86%

 Special resolution number 3: General
 authority to the company and its
 subsidiaries to repurchase shares
 Number of shares                            44 706 555      93 762            10 000              44 800 317
 Percentage                                  99.79%          0.21%             0.02%               77.86%



Midrand
21 November 2024

Sponsor: Deloitte & Touche Sponsor Services Proprietary Limited

Date: 21-11-2024 04:08:00
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