QUANTUM FOODS HOLDINGS LIMITED - Results of AGM & invitation to engage regarding the groups remuneration policy & remuneration implementation report

Results of AGM & invitation to engage regarding the group’s remuneration policy & remuneration implementation report

QUANTUM FOODS HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2013/208598/06)
Share code: QFH
ISIN: ZAE000193686
("Quantum Foods" or the "Company" or the "Group")

RESULTS OF ANNUAL GENERAL MEETING AND INVITATION TO SHAREHOLDERS TO ENGAGE WITH THE COMPANY REGARDING THE 
GROUP'S REMUNERATION POLICY AND REMUNERATION IMPLEMENTATION REPORT

Shareholders of Quantum Foods ("Shareholders") are advised that at the annual general meeting of Shareholders held
on Friday, 23 February 2024 ("AGM"), all the ordinary resolutions, as set out in the notice of AGM dated
Thursday, 14 December 2023, were approved by the requisite majority of Shareholders present or represented by proxy
at the AGM. The special resolutions were withdrawn from consideration and voting at the AGM.

Each resolution proposed at the AGM, together with the number and percentage of Quantum Foods ordinary shares
("Shares") voted, the percentage of Shares in respect of which Shareholders abstained from voting, as well as the
percentage of votes carried for and against each resolution, are as follows:

Ordinary resolution number 1 – Appointment of Ernst & Young Inc. (with Mr. Pierre du Plessis as the designated
auditor partner) as the auditor of the Group for the ensuing financial year on the recommendation of the audit and risk
committee of the Company and the audit and risk committee's authorisation to approve their remuneration

 Shares voted              For                 Against              Abstained
 180 834 261               93.56%              6.44%                0.00%

 90.41%


Ordinary resolution number 2 – Re-election of director: Mr. Gary Vaughan-Smith

 Shares voted              For                 Against              Abstained
 180 834 261               65.91%              34.09%               0.00%

 90.41%


Ordinary resolution number 3 – Re-election of director: Mr. Geoffrey George Fortuin

 Shares voted              For                 Against              Abstained
 180 834 261               59.48%              40.52%               0.00%

 90.41%


Ordinary resolution number 4 – Election of member of the audit and risk committee: Mr. Geoffrey George Fortuin

 Shares voted              For                 Against              Abstained
 180 834 261               59.48%              40.52%               0.00%

 90.41%
    
                                                                                                              
Ordinary resolution number 5 – Election of member of the audit and risk committee: Mr. Larry Wilson Riddle

 Shares voted              For                 Against              Abstained
 169 210 092               63.57%              36.43%               5.81%

 84.59%


Ordinary resolution number 6 – Election of member of the audit and risk committee: Ms. Tanya Justine Annalene Golden

 Shares voted              For                 Against              Abstained
 169 210 092               63.57%              36.43%               5.81%

 84.59%


Ordinary resolution number 7* – Non-binding advisory vote on Quantum Foods' remuneration policy

 Shares voted              For                 Against              Abstained
 180 834 261               59.47%              40.53%               0.00%

 90.41%


Ordinary resolution number 8* – Non-binding advisory vote on Quantum Foods' implementation report on the
remuneration policy

 Shares voted              For                 Against              Abstained
 180 834 261               59.48%              40.52%               0.00%

 90.41%


*As more than 25% of the votes exercised by shareholders present or represented by proxy at the AGM in respect of
ordinary resolutions number 7 and number 8 were exercised against the non-binding endorsement of the Company's
remuneration policy and remuneration implementation report ("Non-Binding Advisory Resolutions"), in accordance
with paragraph 3.84(j) of the JSE Limited Listings Requirements and the recommendations of the King IV Report on
Corporate Governance for South Africa, 2016, the Company hereby invites dissenting Shareholders (being Shareholders
who voted against any of the Non-Binding Advisory Resolutions) to engage with the Company by providing their 
comments / concerns / questions regarding the Company's remuneration policy and/or remuneration implementation
report, in writing to the company secretary, Ms Ziyanda Wakashe, at Ziyanda.Wakashe@quantumfoods.co.za, by no later
than close of business on Friday, 5 April 2024.

Notes
 - Percentages of Shares voted are calculated in relation to the total issued share capital of Quantum Foods.
 - Percentages of Shares voted for and against are calculated in relation to the total number of Shares voted in respect
   of the relevant resolution.
 - Abstentions are calculated as a percentage in relation to the total issued share capital of Quantum Foods.

                                                                                                                     
Wellington
26 February 2024

Corporate advisor and Sponsor
One Capital

Attorneys
Webber Wentzel


Date: 26-02-2024 12:45:00
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