HULAMIN LIMITED - Results of the Annual General Meeting

Results of the Annual General Meeting

HULAMIN LIMITED
Incorporated in the Republic of South Africa
(Registration number 1940/013924/06)
ISIN: ZAE000096210
JSE Code: HLM
(“Hulamin” or “the Company”)

 RESULTS OF THE ANNUAL GENERAL MEETING

Shareholders are advised that the Annual General Meeting of Hulamin shareholders was held today, 26 April 2018,
and that the special and ordinary resolutions proposed thereat were approved by the requisite majority of votes as set
out below.

The total number of Hulamin ordinary shares in issue is 387 146 369 shares of which 306 657 930 shares were voted
at the Annual General Meeting, representing 79% of the total issued shares.

  Resolutions:                                 Shares voted                Votes        Votes for          Votes
                                                                          Abstained                       against
                                               Number         % (1)         % (1)           % (2)           % (2)
  
  Ordinary resolution number 1:
  Appointment of Ernst & Young, as             274 198 882     70.83         8.38          100.00            0.00
  external auditor, with Mr S Sithebe as
  the individual designated auditor.
  Re-election of retiring directors:
  
  Ordinary resolution number 2.1:
  Re-election of Ms NNA Matyumza as            274 198 882     70.83         8.38           86.46           13.54
  an independent non-executive
  director.
  
  Ordinary resolution number 2.2:
  Re-election of Mr SP Ngwenya as a            274 198 882     70.83         8.38           85.13           14.87
  non-executive director.
  
  Ordinary resolution number 2.3:
  Re-election of Mr RG Jacob as an             274 198 882     70.83         8.38          100.00            0.00
  executive director.
  
  Ordinary resolution number 2.4:
  Re-election of Mr VN Khumalo as a            274 198 882     70.83         8.38           86.52           13.48
  non-executive director.
  
  Ordinary resolution number 2.5:
  Re-election of Mr PH Staude as an            274 198 882     70.83         8.38           75.75           24.25
  independent non-executive director.
  
  Ratification of directors’
  appointments:                                     
 
  Ordinary resolution number 3.1:              274 198 882     70.83         8.38           100.00          0.00   
  Appointment of Ms AT Nzimande as
  an independent non-executive
  director.

  Ordinary resolution number 3.2:
  Appointment of Mr RL Larson as an            274 198 882     70.83         8.38           100.00          0.00
  independent non-executive director.

  Re-election of members of the Audit
  Committee:
  
  Ordinary resolution number 4.1:              274 198 882     70.83         8.38           100.00          0.00
  Re-election of Mr N Maharajh as a
  member and the Chairman of the
  Audit Committee.

  Ordinary resolution number 4.2:
  Re-election of Mr CA Boles as a              274 198 882     70.83         8.38           100.00          0.00
  member of the Audit Committee.

  Ordinary resolution number 4.3:
  Re-election of Ms NNA Matyumza as a          274 198 882     70.83         8.38            96.81          3.19
  member of the Audit Committee.
  
  Ordinary resolution number 5:
  Approval of the proposed Equity-             274 198 882     70.83         8.38            94.12          5.88
  Settled Conditional Share Plan.

  Special resolution number 1:
  Approval of non-executive directors’         274 198 882     70.83         8.38           100.00          0.00
  remuneration.

  Amendments to the Memorandum of
  Incorporation:

  Special resolution number 2.1:               274 078 382     70.79         8.42           100.00          0.00
  Amendment of clause 31.6 of the
  Memorandum of Incorporation

  Special resolution number 2.2:
  Amendments to Schedule B of the              274 078 382     70.79         8.42            98.65          1.35
  Memorandum of Incorporation

  Special resolution number 3:
  General authority to provide financial       274 198 882     70.83         8.38            99.99          0.01
  assistance to related and inter-related
  companies.

  Special resolution number 4:
  General authority to repurchase the          274 198 882     70.83         8.38           100.00          0.00
  Company’s shares.

  Advisory endorsement – non-binding                                   
  advisory vote:
  Approval of the Company’s                    261 887 024     67.65         11.56           98.55          1.45
  remuneration policy.
  
  Advisory endorsement – non-binding
  advisory vote:                                            
  Approval of the Company’s                    261 887 024     67.65         11.56           98.55          1.45
  remuneration implementation report.

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



Pietermaritzburg
26 April 2018

Sponsor
Questco Corporate Advisory Proprietary Limited

Date: 30/04/2018 07:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.