ECSPONENT LIMITED - Results of the Annual General Meeting

Results of the Annual General Meeting

ECSPONENT LIMITED
Incorporated in the Republic of South Africa
Registration number: 1998/013215/06
JSE Code: ECS - ISIN: ZAE000179594
Debt Issuer Code: ECSP
(“Ecsponent” or “the Company”)

RESULTS OF THE ANNUAL GENERAL MEETING

Ecsponent is pleased to advise shareholders that all the ordinary and special resolutions set out in the notice
of Annual General Meeting, held today, 2 November 2018, were passed by the requisite number of ordinary
shareholders.

Ecsponent has 1 079 555 364 ordinary shares in issue of which 847 542 509 shares were voted at the Annual
General Meeting, representing 79%.

 Resolutions                                      Shares voted               Votes        Votes     Abstained
                                                                               For       Against
                                                  Number         % (1)       % (2)         % (2)          % (1)
 Ordinary resolution number 1                  844 957 584       78.27        99.97          0.03          0.24
 Approval and adoption of the
 financial statements

 Ordinary resolution number 2                  845 025 035       78.28        99.97          0.03          0.23
 Re-election of PJ Matute as a non-
 executive director

 Ordinary resolution number 3                  845 025 035       78.28        99.97          0.03          0.23
 Re-election of W Oberholzer as an
 independent non-executive director

 Ordinary Resolution number 4                  825 025 035       76.42        99.97          0.03          2.09
 Confirmation of the appointment of
 DP van der Merwe as executive
 financial director

 Ordinary Resolution number 5                  845 025 035       78.28        99.97          0.03          0.23
 Appointment of BR Topham as a
 member and chairman of the Audit
 and Risk Committee

 Ordinary Resolution number 6                  845 025 035       78.28        99.97          0.03          0.23
 Appointment of W Oberholzer as a
 member of the Audit and Risk
 Committee

 Ordinary Resolution number 7                  845 025 035       78.28        99.97          0.03          0.23
 Appointment of KA Rayner as a
 member of the Audit and Risk
 Committee

 Ordinary Resolution number 8                  845 025 035       78.28        99.97          0.03          0.23
 Re-appointment of independent
 external auditors, Nexia SAB&T
 Chartered Accountants with
 T de Kock as the designed auditor

 Ordinary Resolution number 9                  844 957 584       78.27        99.97          0.03          0.24
 Place the unissued ordinary shares
 under the directors’ authority

 Ordinary Resolution number 10                 844 957 584       78.27        99.90          0.10          0.24
 General authority to issue shares
 for cash

 Non-binding advisory vote 1                   844 390 083      78.22         99.97          0.03          0.29
 Confirmation of the Group’s
 remuneration policy

 Non-binding advisory vote 2                   844 390 083      78.22         99.97          0.03          0.29
 Confirmation of the Group’s
 remuneration policy implementation
 plan

 Special Resolution number 1                   844 390 083      78.22         99.97          0.03          0.29
 Approval of the non-executive
 directors’ remuneration

 Special Resolution number 2                   845 012 185      78.27         99.97          0.03          0.23
 General authority to enter into
 funding arrangements in terms of
 sections 44 and 45 of the
 Companies Act

 Special Resolution number 3                   845 025 035      78.28         99.97         0.03           0.23
 General authority to repurchase the
 Company’s ordinary shares

 Special Resolution number 4                   845 025 035      78.28         99.97         0.03           0.23
 General authority to repurchase the
 Company’s preference shares

Notes:
1. As a percentage of total ordinary shares in issue.
2. As a percentage of shares voted.


Pretoria
2 November 2018

Sponsor
Questco Corporate Advisory (Pty) Ltd

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