MAHUBE INFRASTRUCTURE LIMITED - Results of AGM

Results of AGM

Mahube Infrastructure Limited
(Formerly GAIA Infrastructure Capital Limited)
(Incorporated in the Republic of South Africa)
(Registration number: 2015/115237/06)
ISIN: ZAE000290763
JSE code: MHB
(“Mahube” or the “Company”)



    RESULTS OF ANNUAL GENERAL MEETING (“AGM”)


Results of the AGM

Shareholders are advised that at the AGM held on Tuesday, 31 August 2021, apart from the following ordinary and
special resolutions:

      •   Non-binding advisory resolution number 1;
      •   Non-binding advisory resolution number 2;
      •   Special resolution number 2; and
      •   Special resolution number 3.


all other resolutions as set out in the notice of the AGM which was incorporated in the 2021 Integrated Annual
Report and distributed to shareholders on 30June 2021, were duly approved by the requisite majority of
shareholders present and voting, either in person or represented by proxy.

Shareholders are advised that:

-         the total number of shares in issue as at the date of the AGM was 55 151 000;
-         the total number of shares that were present in person/represented by proxy at the AGM was 39 615 900
          shares being 71.83% of the total number of shares in issue; and
-         abstentions are represented below as a percentage of the total number of shares in issue.

Details of the results of the voting are as follows:


    RESOLUTION                           Shares voted    Shares voted        Shares          Shares
                                             for           against          abstained         voted

    Ordinary Resolutions


    Ordinary resolution number 1          39 614 900            0             1 000        39 614 900
    Re-election of director                 100%             0.00%            0.00%
    Ms S Tuku

    Re-appointment of member to the
    Audit and Risk Committee

    Ordinary resolution number 2          39 614 900           0               1 000       39 614 900
 Ms S Tuku                               100%           0.00%        0.00%

 Ordinary resolution number 3
 Mr T Bukula                           39 596 473          0         19 427     39 596 473
                                         100%           0.00%        0.04%
 Ordinary resolution number 4
 Ms K Breytenbach                      39 596 473          0         19 427     39 596 473
                                         100%           0.00%        0.04%

 Ordinary resolution number 5          39 614 900          0         1 000      39 614 900
 Re-appointment of independent           100%           0.00%        0.00%
 external auditor and audit partner


 Non-binding advisory votes:           19 594 443     20 002 030     19 427     39 596 473
                                        49.49%         50.51%        0.04%
 1       Non-binding endorsement
         of remuneration policy


                                       19 594 443     20 002 030     19 427     39 596 473
 2       Non-binding endorsement        49.49%         50.51%        0.04%
         of implementation report


 Special Resolutions                  Shares voted   Shares voted    Shares
                                          for          against      abstained


 Special resolution number 1:          39 594 443       2 030        19 427     39 596 473
 Approval of non-executive              99.99%          0.01%        0.04%
 directors’ remuneration


 Special resolution number 2:          20 367 201     19 247 699     1 000      39 614 900
 Financial assistance to related or     51.41%         48.59%        0.00%
 inter-related company or
 companies

 Special resolution number 3:
 Financial assistance for              20 348 774     19 247 699     19 427     39 596 473
 subscription of securities to          51.39%         48.61%        0.04%
 related or inter-related companies



Johannesburg
31 August 2021


Sponsor
Sasfin Capital   (a member of the Sasfin Group)

Date: 31-08-2021 03:41:00
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