METAIR INVESTMENTS LIMITED - Results of the annual general meeting

Results of the annual general meeting

Metair Investments Limited
(Incorporated in the Republic of South Africa)
Registration number: 1948/031013/06
JSE share code: MTA
ISIN: ZAE000090692
(“Metair” or the “Company”)

RESULTS OF THE ANNUAL GENERAL MEETING

Metair shareholders (“Shareholders”) are advised that at the annual general meeting (“AGM”) of
Shareholders held on Thursday, 2 May 2019, all the ordinary and special resolutions, as set out in the
notice of AGM dated Wednesday, 13 March 2019, were approved by the requisite majority of
Shareholders present or represented by proxy.

All resolutions proposed at the AGM, together with the percentage of shares abstained, as well as the
percentage of votes carried for and against each resolution, are as follows:

Ordinary resolution number 1: Re-election of Ms HG Motau as a director

Shares Voted              Abstained               For                        Against

147 602 107               0.53%                   99.94%                     0.06%
(74.18%)

Ordinary resolution number 2: Appointment of Mr CMD Flemming as a director

Shares Voted             Abstained                 For                       Against

148 647 910              0.00%                     99.99%                    0.01%
(74.70%)

Ordinary resolution number 3: Appointment of Mr S Sithole as a director

Shares Voted             Abstained                 For                       Against

148 647 502              0.00%                     99.73%                    0.27%
(74.70%)

Ordinary resolution number 4: Appointment of Mr TP Moeketsi as a director

Shares Voted             Abstained                 For                       Against

148 647 502              0.00%                     82.25%                    17.75%
(74.70%)

Ordinary resolution number 5: Re-appointment of independent auditors

Shares Voted             Abstained                 For                       Against

148 623 851              0.01%                     86.18%                    13.82%
(74.69%)

Ordinary resolution number 6: Election of audit and risk Committee (the “Committee”) members

Ordinary resolution number 6(i): Mr CMD Flemming as chairman of the Committee

Shares Voted             Abstained                 For                       Against

148 623 851              0.01%                     99.99%                    0.01%
(74.69%)

Ordinary resolution number 6(ii): Ms HG Motau as a member of the Committee

Shares Voted             Abstained                 For                       Against

147 602 107              0.53%                     99.94%                    0.06%
(74.18%)

Ordinary resolution number 6(iii): Mr B Mawasha as a member of the Committee

Shares Voted             Abstained                 For                       Against

148 647 910              0.00%                     96.73%                    3.27%
(74.70%)

Ordinary resolution number 7(a): Approval of the Company’s remuneration policy

Shares Voted             Abstained                 For                       Against

133 723 788              7.50%                     80.31%                    19.69%
(67.20%)

Ordinary resolution number 7(b): Approval of the Company’s remuneration implementation report

Shares Voted             Abstained                 For                       Against

133 725 360              7.50%                     76.72%                    23.28%
(67.20%)

Special resolution number 1: Approval of the non-executive directors’ remuneration

Shares Voted             Abstained                 For                       Against

148 647 338              0.00%                     100.00%                   0.00%
(74.70%)

Special resolution number 2: Provision of financial assistance in terms of section 45 of the
Companies Act No. 71 of 2008, as amended (“Companies Act”)

Shares Voted             Abstained                 For                       Against

148 647 910              0.00%                     99.54%                    0.46%
(74.70%)

Special resolution number 3: Provision of financial assistance in terms of section 44 of the
Companies Act

Shares Voted             Abstained                 For                       Against

148 647 910              0.00%                     99.54%                    0.46%
(74.70%)

Special resolution number 4: General authority to repurchase the Company’s securities

Shares Voted             Abstained                 For                       Against

148 648 910              0.00%                     100.00%                   0.00%
(74.70%)

Notes:
- Percentages of shares voted are calculated in relation to the total issued share capital of Metair.
- Percentages of shares voted for and against each resolution are calculated in relation to the total
   number of shares voted in respect of such resolution.
- Abstentions are calculated as a percentage in relation to the total issued share capital of Metair.


Johannesburg
2 May 2019

Sponsor
One Capital

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