TIGER BRANDS LIMITED - Results of the Tiger Brands seventy-third annual general meeting

Results of the Tiger Brands’ seventy-third annual general meeting

TIGER BRANDS LIMITED

“Tiger Brands” or “the Company”
(Incorporated in the Republic of South Africa)
(Registration number 1944/017881/06)
Share code: TBS
ISIN: ZAE000071080


RESULTS OF THE TIGER BRANDS’ SEVENTY-THIRD ANNUAL GENERAL
MEETING

Shareholders   are advised of the details of the results of
the business   conducted at the annual general meeting of the
Company held   yesterday, 20 February 2018, at 3010 William
Nicol Drive,   Bryanston, Johannesburg, South Africa as
follows:

- As at Friday, 9 February 2018, being the annual general
  meeting record date, the total number of the Company’
  shares in issue was 189 818 926;

- The total number of shares eligible to vote was
  179 492 168
  (excluding treasury shares)(“Total Voteable Shares”);

-  The total number of shares in the share capital of the
   Company eligible to vote by being present in person or by
   submitting proxies was 147 943 800, being 78% of the
   Company’s issued share capital and 82% of the Total
   Voteable Shares.

-  Abstentions are reflected as a percentage of 189 818 926
   shares in issue as at the record date of Friday, 9
   February 2018.

1. The consolidated audited annual financial statements of
   the company and its subsidiaries, together with the
   reports of the external auditors, the directors, the audit
   committee and the social, ethics and transformation
   committee for the financial year ended 30 September 2017
   were presented.

2. Ordinary resolution number 1.1: election of BS Tshabalala
   as a Director
         For         Against       Abstain     Shares Voted
     147 188 040     284 568       471 192      147 472 608
        99.81%        0.19%         0.25%          82.16%
3. Ordinary resolution number 2.1: re-election of MO Ajukwu
   as a Director
         For         Against       Abstain     Shares Voted
     140 667 491    6 805 437      470 872      147 472 928
        95.39%        4.61%         0.25%          82.16%

4. Ordinary resolution number 2.2: re-election of MJ Bowman
   as a Director
         For         Against       Abstain     Shares Voted
     138 654 006    8 818 640      471 154      147 472 646
        94.02%        5.98%         0.25%          82.16%

5. Ordinary resolution number 2.3: re-election of NP Doyle as
   a Director
         For         Against       Abstain     Shares Voted
     144 214 808    3 624 881      104 111      147 839 689
        97.55%        2.45%         0.05%          82.37%

6. Ordinary resolution number 2.4: re-election of Dr KDK
   Mokhele as a Director
         For         Against       Abstain     Shares Voted
     139 734 521    7 045 095     1 164 184     146 779 616
        95.20%        4.80%         0.61%          81.77%

7. Ordinary resolution number 3.1: election of RD Nisbet as a
   Member of the Audit Committee
         For         Against       Abstain     Shares Voted
     147 430 800      42 078       470 922      147 472 878
        99.97%         0.03%        0.25%          82.16%

8. Ordinary resolution number 3.2: election of TE Mashilwane
   as a Member of the Audit Committee
         For         Against       Abstain     Shares Voted
     147 451 687      21 191       470 922      147 472 878
        99.99%         0.01%        0.25%          82.16%

9. Ordinary resolution number 3.3: election of YGH Suleman as
   a Member of the Audit Committee
         For         Against       Abstain     Shares Voted
     147 332 017     140 861       470 922      147 472 878
        99.90%        0.10%         0.25%          82.16%

10. Ordinary resolution number 4: re-appointment of external
    auditors
          For         Against       Abstain     Shares Voted
      118 746 000   28 711 828      485 972      147 457 828
         80.53%        19.47%        0.26%          82.15%

11. Ordinary resolution number 5: General authority to
    implement resolutions
          For         Against       Abstain     Shares Voted
      147 452 129      19 589       472 082      147 471 718
         99.99%         0.01%        0.25%          82.16%
12. Ordinary resolution number 6: to consider and endorse, by
    way of non-binding advisory vote, the Company’s
    remuneration policy
          For         Against       Abstain     Shares Voted
      107 927 065   39 095 221      921 514      147 022 286
         73.41%        26.59%        0.49%          81.91%

13. Ordinary resolution number 7: to consider and endorse, by
    way of non-binding advisory vote, the implementation
   report of the Company’s remuneration policy
          For         Against       Abstain     Shares Voted
      121 527 947   25 618 482      797 371      147 146 429
         82.59%        17.41%        0.42%          81.98%

14. Special resolution number 1: authority to provide
    financial assistance to related and inter-related parties
          For         Against       Abstain     Shares Voted
      145 658 701    2 179 085      106 014      147 837 786
         98.53%        1.47%         0.06%          82.36%

15. Special resolution number 2 (2.1): remuneration payable to
    non-executive directors
          For         Against       Abstain     Shares Voted
      147 180 267     292 463       471 070      147 472 730
         99.80%        0.20%         0.25%          82.16%

16. Special resolution number 2 (2.2): remuneration payable to
    the chairman of the board
          For         Against       Abstain     Shares Voted
      146 329 704    1 142 816      471 280      147 472 520
         99.23%        0.77%         0.25%          82.16%

17. Special resolution number 3: remuneration payable to non-
    executive directors participating in sub-committees of the
    board
          For         Against       Abstain     Shares Voted
      147 101 744     370 986       471 070      147 472 730
         99.75%        0.25%         0.25%          82.16%

18. Special resolution number 4: remuneration payable to non-
    executive directors in respect of unscheduled meetings of
    the board and extraordinary additional work undertaken
          For         Against       Abstain     Shares Voted
      143 814 955    3 657 775      471 070      147 472 730
         97.52%        2.48%         0.25%          82.16%
19. Special resolution number 5: remuneration payable to non-
    resident directors
          For          Against      Abstain     Shares Voted
      144 826 902    2 644 875      472 023      147 471 777
         98.21%         1.79%        0.25%          82.16%

20. Special resolution number 6: approval of VAT payable on
    remuneration already paid to non-executive directors
          For         Against       Abstain     Shares Voted
      147 386 479      86 509       470 812      147 472 988
         99.94%         0.06%        0.25%          82.16%

21. Special resolution number 7: general authority to
    repurchase shares in the Company
          For         Against        Abstain    Shares Voted
      145 636 778    1 711 803       595 219     147 348 581
         98.84%        1.16%          0.31%         82.09%


Bryanston
21 February 2018


Sponsor:
J.P. Morgan Equities South Africa Proprietary Limited

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