SYGNIA LIMITED - Results of Annual General Meeting and Retirement of Director

Results of Annual General Meeting and Retirement of Director

SYGNIA LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2007/025416/06)
Share code on the JSE and A2X: SYG
ISIN: ZAE000208815
(“Sygnia” or the “Company”)


 RESULTS OF ANNUAL GENERAL MEETING AND RETIREMENT OF DIRECTOR

 Sygnia shareholders are advised that all the ordinary and special resolutions in the Notice of the Annual General Meeting
 (“AGM”) dated 7 December 2020 and tabled at the Company’s AGM held on Thursday, 28 January 2021, were passed by
 the requisite majority of votes of shareholders present by means of electronic participation or represented by proxy.

 The following information is provided:

 Total issued number of ordinary shares: 149 611 319
 Number of ordinary shares represented at the AGM: 113 867 659
 Percentage of ordinary shares represented at the AGM: 76.11%

 Details of the voting results are set out below:

   Resolution                                  Number of      Percentage of        For**      Against**    Abstained*
                                              shares voted    shares voted*

   Ordinary Resolution 1:
   Appointment of auditor of the               113 819 860        76.08%          99.93%        0.07%        0.03%
   Company
   Ordinary Resolution 2.1:
   Re-election of the non-executive            113 819 860        76.08%          99.99%        0.01%        0.03%
   director - Prof H Bhorat
   Ordinary Resolution 2.2:
   Re-election of the non-executive                                   Resolution withdrawn
   director - Mr A Crawford-Brunt
   Ordinary Resolution 3.1:
   Election of non-executive director          113 819 860        76.08%          99.99%        0.01%        0.03%
   appointed during the year - Ms C
   Appana
   Ordinary Resolution 3.2:
   Election of non-executive director          113 819 860        76.08%          99.99%        0.01%        0.03%
   appointed during the year - Mr H
   Mayers
   Ordinary Resolution 4.1:
   Election of Audit and Risk Committee        113 819 860        76.08%         100.00%        0.00%        0.03%
   member - Mr G Cavaleros
   (Chairman)
   Ordinary Resolution 4.2:
   Election of Audit and Risk Committee        113 819 860        76.08%          99.99%        0.01%        0.03%
   member - Ms C Appana
   Ordinary Resolution 5:
   Authority to issue ordinary shares for      113 741 429        76.02%          99.52%        0.48%        0.08%
   cash
   Ordinary Resolution 6:
   Control of authorised but unissued          113 743 688        76.03%          99.52%        0.48%        0.08%
   shares
 Ordinary Resolution 7:
 Non-binding advisory vote on the           111 055 819         74.23%          99.34%       0.66%           1.88%
 Sygnia remuneration policy
 Ordinary Resolution 8:
 Non-binding advisory vote on the           111 128 132         74.28%          99.52%       0.48%           1.83%
 Sygnia implementation report
 Ordinary Resolution 9:
 Authority to directors and company         113 818 260         76.08%         100.00%       0.00%           0.03%
 secretary to implement special and
 ordinary resolutions
 Special Resolution 1:
 Approval of remuneration of non-           113 819 860         76.08%          96.88%       3.12%           0.03%
 executive directors
 Special Resolution 2:
 Authority to repurchase shares             113 819 860         76.08%          99.76%       0.24%           0.03%

 Special Resolution 3:
 Approval to provide financial              113 818 260         76.08%          99.73%       0.27%           0.03%
 assistance to subsidiaries and
 related or inter-related companies
 Special Resolution 4:
 Approval to provide financial              113 816 001         76.07%          99.82%       0.18%           0.03%
 assistance for the subscription or
 purchase of securities

*Based on 149 611 319 shares in issue as at the date of the AGM.
**Based on the total number of shares present by means of electronic participation or by proxy at the AGM.
***As a percentage of 149 611 319 shares in issue as at the date of the AGM.


RETIREMENT OF DIRECTOR

In compliance with paragraph 3.59 of the JSE Listings Requirements, shareholders are advised that, prior to the
Company’s Annual General Meeting referred to above, Mr Andre Crawford-Brunt withdrew his availability for re-
election as a non-executive director of the Company. Mr Crawford-Brunt has accordingly retired as a non-executive
director of the Company with effect from 28 January 2021 in accordance with the director rotation provisions of the
Company’s Memorandum of Incorporation.

The Sygnia board expresses its sincere thanks to Mr Crawford-Brunt for his contribution to the growth of the Company
over the past two years.


Cape Town
28 January 2021

Sponsor:
The Standard Bank of South Africa Limited

Date: 28-01-2021 05:23:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.