FIRSTRAND LIMITED - Report on proceedings at annual general meeting of the ordinary shareholders and retirement of JJH Bester

Report on proceedings at annual general meeting of the ordinary shareholders and retirement of JJH Bester

FIRSTRAND LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1966/010753/06)
JSE ordinary share code: FSR ISIN: ZAE000066304
JSE B preference share code: FSRP ISIN: ZAE000060141
NSX ordinary share code: FST
(FirstRand)

REPORT ON PROCEEDINGS AT ANNUAL GENERAL MEETING OF THE ORDINARY
SHAREHOLDERS AND RETIREMENT OF JJH BESTER

Ordinary shareholders are advised that, at the 18th (eighteenth) annual general meeting (AGM) of
FirstRand held on Tuesday, 2 December 2014, all of the resolutions set out in the notice of the AGM
dated 8 September 2014 were passed, without modification, by the requisite majority of votes. Details
of the votes cast on each resolution are set out below:

    RESOLUTIONS              VOTES            %         VOTES         %          VOTES           % of    SHARES
                              FOR                      AGAINST                   TOTAL         ISSUED    ABSTAINED
                                                                                                SHARE    DISCLOSED
                                                                                               CAPITAL   AS A % IN
                                                                                                VOTED    RELATION
                                                                                                         TO THE
                                                                                                         TOTAL
                                                                                                         ISSUED
                                                                                                         SHARE
                                                                                                         CAPITAL
 Ordinary Resolution
 1.1 – Re-Election of L
 Crouse                     3 833 409 987   87.52805   418 754 183   9.56139   4 379 636 057    77.68%          2.26
 Ordinary Resolution
 1.2 - Re-Election of
 NN Bomela                  4 293 477 679   98.03275    79 794 506   1.82194   4 379 636 057    77.68%          0.11
 Ordinary Resolution
 1.3 - Re-Election of
 NN Gwagwa                  4 312 172 623   98.45961    53 691 242   1.22593   4 379 636 057    77.68%          0.24
 Ordinary Resolution
 1.4 - Re-Election of D
 Premnarayen                4 248 152 504   96.99784   116 247 701   2.65428   4 379 636 057    77.68%          0.27
 Ordinary Resolution
 1.5 – KB Schoeman          4 295 101 035   98.06982    79 788 423   1.82180   4 379 636 057    77.68%          0.08
 Ordinary Resolution
 1.6 – BJ van der Ross      4 208 159 427   96.08468   159 321 711   3.63778   4 379 636 057    77.68%          0.22
 Ordinary Resolution
 1.7 – JH van Greuning      4 370 396 653   99.78904     5 956 465   0.13600   4 379 636 057    77.68%          0.06
 Ordinary Resolution
 1.8 – Re-Election of
 VW Bartlett                4 287 321 506   97.89219    89 031 612   2.03285   4 379 636 057    77.68%          0.06
 Ordinary Resolution
 1.9 – Vacancies filled
 by the directors - HS
 Kellan                     4 291 874 713   97.99615    73 665 216   1.68199   4 379 636 057    77.68%          0.25
 Ordinary Resolution
 1.10 – Vacancies filled
 by the directors - RM
 Loubser                    4 314 031 294   98.50205    60 243 612   1.37554   4 379 636 057    77.68%          0.10
 Ordinary Resolution
 2.1 – Re-appointment
 of Deloittes & Touche
 as auditors                4 369 739 338   99.77403     6 613 780   0.15101   4 379 636 057    77.68%          0.06
 Ordinary Resolution
 2.2 - Re-appointment
 of Deloittes & Touche
 as auditors                4 372 763 071   99.84307     3 581 047   0.08177   4 379 636 057    77.68%          0.06
 Ordinary Resolution
 2.3 – Ratification of
 indidividual registered
 auditor                    4 373 905 296   99.86915     2 447 822   0.05589   4 379 636 057    77.68%          0.06
 Advisory Endorsement       4 289 617 383   97.94461    77 337 916   1.76585   4 379 636 057    77.68%          0.22
 Ordinary Resolution 3
 – Placing the unissued
 shares under the
 control of the directors   3 948 539 178   90.15679   427 813 940   9.76825   4 379 636 057    77.68%          0.06
 Ordinary Resolution 4
 – General authority to
 issue authorised but       4 168 363 893   95.17603   207 989 225   4.74901   4 379 636 057    77.68%          0.06
 unissued ordinary
 shares
 Special Resolution 1 –
 General authority to
 repurchase ordinary
 shares                     4 325 579 513   98.76573    49 909 765    1.13959   4 379 636 057    77.68%         0.07
 Special Resolution 2.1
 – Specific repurchase
 of shares from the
 FirstRand Black
 Employee Trust            4 376 341 804    99.92478       11 314     0.00026   4 379 636 057    77.68%         0.06
 Special Resolution 2.2
 - – Specific
 repurchase of shares
 from the FirstRand
 Black Non-Executive
 Directors Trust           4 156 536 334    99.92081       11 314     0.00027   4 159 830 587    73.78%         0.06
 Special Resolution 2.3
 - – Specific
 repurchase of shares
 from the FirstRand
 Staff Assistance Trust    4 376 341 783   99.92478        11 335     0.00026   4 379 636 057    77.68%         0.06
 Special Resolution 3.1
 – Financial assistance
 to directors and
 prescribed officers as
 employee share
 scheme beneficiaries      4 344 192 819   99.19073    32 160 278    0.73431   4 379 636 057    77.68%          0.06
 Special Resolution 3.2
 – Financial assistance
 to related and
 interrelated entities     4 312 511 313   98.46734    63 841 805    1.45770   4 379 636 057    77.68%          0.06
 Special Resolution 4 –
 Remuneration of non-
 executive directors       4 363 417 266   99.62968    12 935 852    0.29536   4 379 636 057    77.68%          0.06



Shareholders are further advised that Jurie Bester retired from the boards of directors (the boards) of
FirstRand Limited and FirstRand Bank Limited at the conclusion of each company's AGM. The Boards
wish to express their appreciation for the valuable contribution that he has made to the boards during
his time with FirstRand Limited and FirstRand Bank Limited and wishes him well in his future
endeavours.


Sandton
3 December 2014

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

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