KUMBA IRON ORE LIMITED - Report on proceedings at the annual general meeting

Report on proceedings at the annual general meeting

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

At the tenth (10th) annual general meeting (“AGM”) of the shareholders of Kumba held today, 13 May 2016, all the ordinary and special resolutions
proposed at the meeting were approved by the requisite majority of votes. In this regard, Kumba confirms the voting statistics from the AGM as follows:


                                           Votes carried disclosed as a                                                  Shares abstained
                                        percentage in relation to the total      Number of           Shares voted          disclosed as a
                                          number of shares voted at the       shares voted         disclosed as a           percentage in
                                                     meeting                                        percentage in   relation to the total
                                                                                            relation to the total   issued share capital*      
                                                                                            issued share capital*      
Resolutions                                                                                                              
   
  
                                                For           Against
Ordinary resolution number 1: To re-
appoint Deloitte & Touche as             100.00000%          0.00000%          296 183 761              91.95798%                0.00132%
independent auditors

Ordinary resolution number 2.1: To re-
elect Zarina Bassa to serve an            99.99137%          0.00863%          295 726 141              91.81590%                0.14340%
additional term on the board of
directors

Ordinary resolution number 2.2: To re-
elect Dolly Mokgatle to serve an          99.99040%          0.00960%          295 726 141              91.81590%                0.14310%
additional term on the board of
directors

Ordinary resolution number 2.3: To re-
elect Allen Morgan to serve an
additional term on the board of           99.99040%          0.00960%          295 726 141              91.81590%                0.14340%
directors

Ordinary resolution number 2.4: To re-    99.95944%          0.04056%          295 726 141              91.81590%                0.14340%
elect Andile Sangqu to serve an
additional term on the board of
directors

Ordinary resolution number 2.5: To re-
elect Natascha Viljoen to serve an
additional term on the board of           99.95944%          0.04056%          295 726 141              91.81590%                0.14340%
directors

Ordinary resolution number 3.1: To re-
appoint Zarina Bassa as member of the     100.0000%          0.00000%          295 726 141              91.81590%                0.14340%
Audit Committee

Ordinary resolution number 3.2: To re-
appoint Litha Nyhonyha as member of      100.00000%          0.00000%          295 726 141              91.81590%                0.14340%
the Audit Committee

Ordinary resolution number 3.3: To re-
appoint Dolly Mokgatle as member of       99.99903%          0.00097%          295 726 141              91.81590%                0.14340%
the Audit Committee

Ordinary resolution number 3.4: To re-
appoint Allen Morgan as member of         99.99903%          0.00097%          295 726 141              91.81590%                0.14340%
the Audit Committee

Ordinary resolution number 4:
Approval of the remuneration policy by    92.18114%          7.81886%          295 726 141              91.81590%                0.14340%
way of a non-binding advisory vote

Ordinary resolution number 5: General
authority for directors to control 5% of  98.23240%          1.76760%          295 726 141              91.81590%                0.14340%
the authorised but unissued shares

Special resolution number 1: General
authority to issue shares for cash        99.78555%          0.21445%          296 183 761              91.95798%                0.00132%

Special Resolution number 2: Approval
of remuneration of non-executive          99.99944%          0.00056%          295 726 141              91.81590%                0.14340%
directors

Special resolution number 3: Approval
for the granting of financial assistance  98.26883%          1.73117%          296 183 761              91.95798%                0.00132%

Special resolution number 4: General
authority to purchase shares              99.99924%          0.00076%          296 183 761              91.95798%                0.00132%

*Total issued share capital is 322 085 974.

The special resolution/s will, where necessary, be lodged for registration with the Companies and Intellectual Property Commission in due course.

Centurion
13 May 2016

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

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