Wrap Text
Report on proceedings at the annual general meeting and change to the board
Kumba Iron Ore Limited
A member of the Anglo American plc group
(Incorporated in the Republic of South Africa)
(Registration number 2005/015852/06)
Share code: KIO
ISIN: ZAE000085346
("Kumba" or "the Company")
REPORT ON PROCEEDINGS AT THE ANNUAL GENERAL MEETING AND CHANGE TO THE BOARD
Kumba held its twentieth annual general meeting ("AGM" or "the meeting") of shareholders in person and virtually on 26 May 2026. All the ordinary and special resolutions proposed at the meeting were approved by the requisite
majority of votes.
The audited annual financial statements of the Company, and of the Kumba group, including the reports of the directors, exter nal auditors, audit committee, business performance and the social, ethics and transformation committee
for the financial year ended 31 December 2025 were presented.
Kumba confirms the voting statistics from the AGM as follows:
Resolutions Votes cast disclosed as a percentage in relation to Number of shares Shares voted disclosed Shares abstained disclosed
the total number of shares voted at the meeting voted as a percentage in as a percentage in relation
relation to the total to the total issued share
For Against issued share capital* capital*
Ordinary resolution number 1: Re-appointment of PriceWaterhouseCoopers as 99.98% 0.02% 304,179,590 94.44% 0.07%
independent external auditors and Mr Bilal Laher as the individual designated auditor
Ordinary Resolution Number 2.1 - To elect Mr Ruben Marcus Fernandes as a director of 99.73% 0.27% 304,179,590 94.44% 0.07%
the Company
Ordinary Resolution Number 2.2 - To elect Mr Mark Ashley Goliath as a director of the 99.77% 0.23% 304,179,590 94.44% 0.07%
Company
Ordinary Resolution Number 2.3 - To re-elect Mr Terence Philip Goodlace as a director 97.64% 2.36% 304,179,590 94.44% 0.07%
of the Company
Ordinary Resolution Number 2.4 – To re-elect Mr Aman Jeawon as a director of the 99.78% 0.22% 304,179,590 94.44% 0.07%
Company
Ordinary Resolution Number 2.5 – To re-elect Mrs Nomalizo (Ntombi) Beryl Langa-Royds 99.46% 0.54% 304,179,590 94.44% 0.07%
as a director of the Company
Ordinary Resolution Number 3.1 - To elect Mrs Mary Sina Bomela as a member of the 99.81% 0.19% 304,179,590 94.44% 0.07%
Social, Ethics and Transformation Committee
Ordinary Resolution Number 3.2 - To elect Mr Mark Ashley Goliath as a member of the 99.77% 0.23% 304,179,590 94.44% 0.07%
Social, Ethics and Transformation Committee
Ordinary Resolution Number 3.3 - To elect Mr Terence Philip Goodlace as a member of 99.58% 0.42% 304,179,590 94.44% 0.07%
the Social, Ethics and Transformation Committee
Ordinary Resolution Number 3.4 - To elect Mrs Nomalizo (Ntombi) Beryl Langa-Royds as 99.47% 0.53% 304,179,590 94.44% 0.07%
a member of the Social, Ethics and Transformation Committee
Ordinary Resolution Number 3.5 - To elect Mr Xolani Frederick Mbambo as a member 99.77% 0.23% 304,179,590 94.44% 0.07%
of the Committee
Ordinary Resolution Number 3.6 - To elect Ms Neo Violet Mokhesi as a member of the 99.81% 0.19% 304,179,590 94.44% 0.07%
Social, Ethics and Transformation Committee
Ordinary Resolution Number 3.7 - To elect Ms Nompumelelo (Mpumi) Dessederia 99.80% 0.20% 304,179,590 94.44% 0.07%
Zikalala as a member of the Social, Ethics and Transformation Committee
Ordinary Resolution Number 4.1 – To elect Mrs Mary Sina Bomela as a member of the 99.81% 0.19% 304,179,590 94.44% 0.07%
Audit Committee
Ordinary Resolution Number 4.2 – To elect Mr Aman Jeawon as a member of the Audit 99.78% 0.22% 304,179.590 94.44% 0.07%
Committee
Ordinary Resolution Number 4.3 – To elect Mrs Michelle Anne Jenkins as a member of 99.81% 0.19% 304,179,590 94.44% 0.07%
the Audit Committee
Ordinary Resolution Number 4.4 - To elect Ms Neo Violet Mokhesi as a member of the 99.81% 0.19% 304,179,590 94.44% 0.07%
Audit Committee
Ordinary Resolution Number 5.1 - Approval of the remuneration policy by way of a non- 98.98% 1.02% 304,179,590 94.44% 0.07%
binding advisory vote **
Ordinary Resolution Number 5.2 - Approval of the implementation of the remuneration 98.78% 1.22% 304,179,712 94.44% 0.07%
policy by way of a non-binding advisory vote **
Ordinary Resolution Number 6 - General authority for directors to allot and issue 99.35% 0.65% 304,179,712 94.44% 0.07%
ordinary shares
Ordinary Resolution Number 7 - General authority to issue shares for cash 99.22% 0.78% 304,179,712 94.44% 0.07%
Ordinary Resolution Number 8 - Authorisation to sign documents to give effect to 100% 0.00% 304,179,590 94.44% 0.07%
resolutions
Special Resolution Number 1 - Remuneration payable to Non-Executive Directors 99.40% 0.60% 304,178,912 94.44% 0.07%
Special Resolution Number 2 - Approval for the granting of financial assistance in terms 100% 0.00% 304,179,512 94.44% 0.07%
of Sections 44 and 45 of the Companies Act No. 71 of 2008
Special Resolution Number 3 - General authority to repurchase shares 97.89% 2.11% 304,140,402 94.43% 0.08%
*Total issued share capital is 322 085 974 shares.
** Notification was received on 22 May 2026 that the Companies Act amendments, relating to remuneration disclosure and approval requirements, came into force with immediate effect. The Kumba notice of AGM and remuneration
report were circulated to shareholders on 10 April 2026 and the remuneration resolutions were therefore proposed as non-binding resolutions. The AGM must be conducted in accordance with the law prevailing at the time of
distribution of the Notice on AGM and, hence, the resolutions are put to shareholders as set out in the Notice. Kumba is taking legal advice in respect of the basis for future implementation of, and full compliance with, the amendments
to the Companies Act.
Change to the Board of Directors
As indicated in the Notice of AGM distributed to shareholders on 10 April 2026, Mr Sango Ntsaluba stepped down as independent non-executive director at the conclusion of today's AGM, having served on the Kumba Board for nine
years. Accordingly, he also ceased to be a member and Chairperson of the Audit Committee, a member of the Nominations and Governance Committee and a member of the Strategy and Investment Committee. As previously
announced on the Stock Exchange News Service on 12 May 2026, Mr Vuyisa Nkonyeni will, with effect from 27 May 2026, serve as Chairperson and member of the Audit Committee, as well as a member of the Strategy and
Investment Committee and the Nominations and Governance Committee.
26 May 2026
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
For further information, please contact:
Company secretary
Fazila Patel
fazila.patel@angloamerican.com
Mobile: +27 83 297 2293
Investors Media
Penny Himlok Melangini Pillay
penny.himlok@angloamerican.com melangini.pillay@angloamerican.com
Mobile: +27 82 781 1888 Mobile: +27 76 959 2019
Notes to editors:
Kumba Iron Ore Limited, a member of the Anglo American plc group, is a leading value-adding supplier of high quality iron ore to the global steel industry. Kumba produces iron ore in South Africa at Sishen and Kolomela mines in the
Northern Cape Province. Kumba exports iron ore to customers around the globe including in China, Japan, South Korea and a number of countries in Europe and the Middle East.
www.angloamericankumba.com
Anglo American is a leading global mining company focused on the responsible production of copper, premium iron ore and crop nutrients – future-enabling products that are essential for decarbonising the global economy, improving
living standards, and food security. Our portfolio of world-class operations and outstanding mineral endowments offers value-accretive growth potential across all three businesses, positioning us to deliver into structurally attractive
major demand growth trends.
Our integrated approach to sustainability and innovation drives our decision-making across the value chain, from how we discover new resources to how we mine, process, move and market our products to our customers – safely,
efficiently and responsibly. Our Sustainability Strategy commits us to a series of stretching goals over different time horizons to ensure we build trust as a corporate leader, contribute to a healthy environment and help create thriving
communities. We work together with our business partners and diverse stakeholders to unlock enduring value from precious natural resources for our shareholders, for the benefi t of the communities and countries in which we
operate, and for society as a whole. Anglo American is re-imagining mining to improve people's lives.
Anglo American is currently implementing a number of major structural changes to unlock the inherent value in its portfolio a nd thereby accelerate delivery of its strategic priorities of Operational excellence, Portfolio optimisation,
and Growth. The sale of our steelmaking coal and nickel businesses and the separation of our iconic diamond business (De Beers) continue to progress and once completed, will focus Anglo American on its world-class resource asset
base in copper, premium iron ore and crop nutrients.
www.angloamerican.com
Date: 26-05-2026 02:12:00
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.
Sharenet Sites 
