REUNERT LIMITED - Report on proceedings at the Annual General Meeting

Report on proceedings at the Annual General Meeting

Reunert Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1913/004355/06)
JSE code: RLO
ISIN: ZAE000057428
(“Reunert” or the “Company”)

REPORT ON PROCEEDINGS AT THE ANNUAL GENERAL MEETING

At the one hundred and fifth (105th) annual general meeting (“AGM”) of ordinary shareholders of Reunert,
held on 11 February 2019, all the ordinary and special resolutions proposed at the AGM were approved
by the requisite majority of votes.

The total issued share capital of Reunert is 184 637 796 ordinary shares (“Shares”). Of these, 4 997 698
Shares are treasury shares, held by a subsidiary of Reunert. Therefore, the total number of Shares that
were entitled to vote at the AGM was 179 640 098 Shares.

Reunert confirms the voting statistics for the AGM as follows:

 Resolutions                          Votes carried          Number of     Shares         Shares
                                      (as a percentage       Shares        voted          abstained
                                      of the total           voted         (as a          (as a
                                      number of Shares                     percentage     percentage
                                      voted)                               of the total   of the total
                                                                           issued         issued
                                                                           share          share
                                      For         Against                  capital)       capital)
 
 Ordinary resolution number 1:        100%        0%         150 089 036   81.29%         0.10%
 Election of Mr JP Hulley as an
 independent non-executive
 director
 
 Ordinary resolution number 2:        100%        0%         150 089 036   81.29%         0.10%
 Election of Ms T Matshoba-
 Ramuedzisi as an independent
 non-executive director
 
 Ordinary resolution number 3:        98.92%      1.08%      150 089 036   81.29%         0.10%
 Re-election of Ms T Abdool-
 Samad as an independent
 non-executive director
 
 Ordinary resolution number 4:        95.27%      4.73%      150 089 036   81.29%         0.10%
 Re-election of Mr SD Jagoe as an
 independent non-executive
 director
 
 Ordinary resolution number 5:        98.54%      1.46%      150 089 036   81.29%         0.10%
 Re-election of Ms S Martin as an
 independent non-executive
 director
 
 Ordinary resolution number 6:        99.12%      0.88%      150 089 036   81.29%         0.10%
 Re-election of Mr TS Munday as
 an independent non-executive
 director
 
 Ordinary resolution number 7:        98.93%      1.07%      150 032 563   81.26%         0.13%
 Re-election of Mr MAR Taylor as
 an executive director
 
 Ordinary resolution number 8:        98.20%      1.80%      150 089 036   81.29%         0.10%
 Re-election of Mr R van Rooyen
 as a member of the Audit
 Committee
 
 Ordinary resolution number 9:        85.53%      14.47%     150 089 036   81.29%         0.10%
 Re-election of Ms T Abdool-
 Samad as a member of the Audit
 Committee
 
 Ordinary resolution number 10:       99.19%      0.81%      150 089 036   81.29%         0.10%
 Re-election of Ms S Martin as a
 member of the Audit Committee

 Ordinary resolution number 11:       100%        0%         150 089 036   81.29%         0.10%
 Election of Ms T Matshoba-
 Ramuedzisi as a member of the
 Audit Committee

 Ordinary resolution number 12:       83.25%      16.75%     150 089 036   81.29%         0.10%
 Re-appointment of Deloitte &
 Touche as the independent
 external auditors

 Ordinary resolution number 13:       83.47%      16.53%     150 089 036   81.29%         0.10%
 Appointment of N Ranchod as the
 individual designated auditor

 Ordinary resolution number 14:       100%        0%         150 089 036   81.29%         0.10%
 Ratification relating to personal
 financial interest arising from
 multiple offices in the Reunert
 group

 Non-binding advisory                 80.57%      19.43%     148 664 270   80.52%         0.87%
 resolution number 15:
 Endorsement of the Reunert
 remuneration policy

 Non-binding advisory                 82.73%      17.27%     148 664 270   80.52%         0.87%
 resolution number 16:
 Endorsement of the Reunert
 remuneration implementation
 report

 Special resolution number 17:        98.18%      1.82%      150 042 748   81.26%         0.12%
 Approval of issue of shares in
 terms of the Reunert 2006 Share
 Option Scheme

 Special resolution number 18:        99.99%      0.01%      150 042 748   81.26%         0.12%
 General authority to repurchase
 shares, which repurchase shall
 not exceed 5% of issued shares

 Special resolution number 19:        99.99%      0.01%      150 089 036   81.29%         0.10%
 Approval of non-executive
 directors’ remuneration

 Special resolution number 20:        99.53%      0.47%      150 089 036   81.29%         0.10%
 Approval of non-executive
 directors’ remuneration for ad hoc
 assignments

 Special resolution number 21:        93.81%      6.19%      150 089 036   81.29%         0.10%
 Approval of financial assistance
 relating to share repurchases and
 share schemes
 
 Ordinary resolution number 22:       99.08%      0.92%      150 089 036   81.29%         0.10%
 Approval of financial assistance to
 persons related or inter-related to
 the Company for the
 advancement of commercial
 interest
 
 Ordinary resolution number 23:       99.87%      0.13%      150 047 523   81.27%         0.12%
 Signature of documents and
 authority of an executive director
 or the company secretary to
 implement the resolutions passed

Special resolutions will, where necessary, be lodged for registration with the Companies and Intellectual
Property Commission in due course.

Johannesburg
11 February 2019

Sponsor
One Capital

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