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Results of AGM
Absa Group Limited
Registration number: 1986/003934/06
Incorporated in the Republic of South Africa
JSE share code: ABG
ISIN: ZAE000255915
Bond Issuer Code: ABGI
(“Absa Group”, “Group” or “Company”)
RESULTS OF ANNUAL GENERAL MEETING OF ABSA GROUP
Shareholders are advised that at the virtual Annual General Meeting of Absa Group held on Friday, 4 June 2021, all
the ordinary and special resolutions as set out in the notice of the annual general meeting dispatched to shareholders
on 31 March 2021 were passed, on a poll, by the requisite majorities.
Details of the results of the voting are as follows:
Total issued share capital: 847 750 679
Total number of shares present/ represented including proxies at the meeting: 654 387 761 being 77.19% of the total
votable shares
Ordinary resolutions Number of Percentage Percentage Percentage Percentage
shares of shares for against abstained*
voted voted (%) (%) (%)
Ordinary Resolution number 1: Re-
appointment of Ernst & Young Inc. as
external auditors 653,652,184 77.10% 85.10 14.90 0.09
Ordinary Resolution number 2:
Appointment of KPMG Inc. as
external auditors 653,651,934 77.10% 93.33 6.67 0.09
Ordinary Resolution number 3.1: Re-
election of director – A Darko 653,319,906 77.07% 99.57 0.43 0.13
Ordinary Resolution number 3.2: Re-
election of director – D Naidoo 653,189,542 77.05% 82.81 17.19 0.14
Ordinary Resolution number 3.3: Re-
election of director – F Okomo-Okello 653,319,906 77.07% 99.01 0.99 0.13
Ordinary Resolution number 3.4: Re-
election of director – SM Pityana 653,319,906 77.07% 98.33 1.67 0.13
Ordinary Resolution number 3.5: Re-
election of director – T Abdool-Samad 653,353,882 77.07% 98.43 1.57 0.12
Ordinary Resolution number 4.1:
Election of director – F Tonelli 653,615,522 77.10% 99.99 0.01 0.09
Ordinary Resolution number 4.2:
Election of director – R van Wyk 653,651,397 77.10% 99.98 0.02 0.09
Ordinary Resolution number 4.3:
Election of director – N Mjoli-Mncube 653,615,522 77.10% 99.99 0.01 0.09
Ordinary Resolution number 5.1: Re-
appointment of Group Audit and
Compliance Committee member – A
Darko 653,475,713 77.08% 99.57 0.43 0.11
Ordinary Resolution number 5.2: Re-
appointment of Group Audit and
Compliance Committee member – D
Naidoo 653,345,349 77.07% 82.78 17.22 0.12
Ordinary Resolution number 5.3: Re-
appointment of Group Audit and
Compliance Committee member – T
Abdool-Samad 653,511,588 77.09% 99.17 0.83 0.10
Ordinary Resolution number 5.4: Re-
appointment of Group Audit and
Compliance Committee member – S
Munyantwali 653,477,362 77.08% 99.58 0.42 0.11
Ordinary Resolution number 6:
Placing the authorised but unissued
ordinary shares of the Company
under the control of the directors 653,653,789 77.10% 96.10 3.90 0.09
Non-binding advisory votes Number of Percentage Percentage Percentage Percentage
shares of shares for against abstained*
voted voted
(%) (%) (%)
Non-binding advisory vote 1:
Approval of remuneration policy 651,831,988 76.89% 84.52 15.48 0.30
Non-binding advisory vote 2:
Approval of implementation report 653,099,380 77.04% 93.96 6.04 0.15
Special Resolutions Number of Percentage Percent Percentag Percentage
shares of shares age for e against abstained*
voted voted (%)
(%) (%)
Special Resolution number 1:
Approval of non-executive directors’
remuneration 653,608,414 77.10% 86.70 13.30 0.09
Special Resolution number 2: General
authority to the directors to approve
repurchase of the Company’s ordinary
shares 653,602,155 77.10% 99.51 0.49 0.09
Special Resolution number 1: General
authority to the Company to approve
financial assistance 653,617,914 77.10% 98.49 1.51 0.09
* based on the total number of shares in issue
The special resolutions will be lodged with the Companies and Intellectual Property Commission (CIPC) in due course
and, where appropriate, the Registrar of Banks.
4 June 2021
Enquiries:
Nadine Drutman (Group Company Secretary)
Nadine.Drutman@absa.africa
Tel: 011 350 5347
Sponsors:
Lead independent sponsor
J. P. Morgan Equities South Africa Proprietary Limited
Joint sponsor
Absa Bank Limited (Corporate and Investment Bank)
Date: 04-06-2021 05:48:00
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