AFRICAN EQUITY EMPOWERMENT INVESTMENTS LIMITED - Results Of The Annual General Meeting

Results Of The Annual General Meeting

African Equity Empowerment Investments Limited
(Incorporated in the Republic of South Africa)
Registration number 1996/006093/06
Share code: AEE
ISIN: ZAE0000195731
("AEEI" or “the Company”)

RESULTS OF THE ANNUAL GENERAL MEETING

Shareholders are hereby advised that at the annual general meeting of the Company held yesterday,
25 February 2016 at AEEI head office at Premier Fish, Quay 7, East Pier, Victoria & Alfred Waterfront,
Cape Town, Western Cape (“AGM”), all of the resolutions were passed by the requisite majority of
the AEEI shareholders. The detailed voting results of the AGM are set out below:


                         Votes for      Votes      Number of       Number of         Shares
                         resolution    against      shares       shares voted    abstained as a
                           (%) *      resolution   voted at      at the AGM as   percentage (%)
                                        (%) *       the AGM      a percentage     of shares in
                                                                 (%) of shares       issue
                                                                   in issue
Ordinary Resolution
Number 1:
To re-elect the                100         -      405 440 341           82.52                -
following Director
who retire by
rotation: Khalid
Abdulla
Ordinary Resolution

Number 2:
To re-elect the                100         -      405 440 341           82.52                -
following Director
who retire by
rotation: Cherie
Felicity Hendricks
Ordinary Resolution

Number 3:
To re-elect the                100         -      405 440 341            82.52               -
following Director
who retire by
rotation: Chantelle
Ah Sing
Ordinary Resolution

Number 4:
To re-elect the                100         -       405 440 341           82.52               -
following Director
who retire by
rotation: Vukile
Charles Mehana
Ordinary Resolution

Number 5:
To re-elect the                100         -       405 440 341           82.52               -
following Director
who retire by
rotation: Salim
Young

Ordinary Resolution
Number 6:
To re-elect the                100          -       405 440 341           82.52               -
following Director
who retire by
rotation: Johannes
Mihe Gaomab

Ordinary Resolution
Number 7:
To re-elect the                100          -       405 440 341           82.52               -
following Director
who retire by
rotation: Aziza
Begum Amod

Ordinary Resolution
Number 8:
To re-elect the                100          -       405 440 341           82.52               -
following Director
who retire by
rotation: Takudzwa
Tanyaradzwa Hove

Ordinary Resolution
Number 9:
To-elect the                   100          -       405 440 341           82.52               -
following Director:
Zenariah Barends

Ordinary Resolution
Number 10:
To re-appoint the              100          -       405 440 341           82.52               -
following member of
the audit and risk
committee: Salim
Young

Ordinary Resolution
Number 11:
To re-appoint the              100          -       405 440 341           82.52               -
following member of
the audit and risk
committee: Johannes
Mihe Gaomab

Ordinary Resolution
Number 12:
To re-appoint the              100          -       405 440 341           82.52               -
following member of
the audit and risk
committee: Vukile
Charles Mehana

Ordinary Resolution
number 13:
Appointment of                 100          -        405 440 341         82.52                -
member of the audit
and risk Committee:
Takudzwa Tanyaradzwa
Hove

Ordinary Resolution
Number 14:
Re-appointment of              100          -        405 440 341         82.52                -
Grant Thornton Cape
Inc. as the
independent auditor
of the Company for
the ensuing year

Ordinary Resolution
number 15:
Control of                     100         -        405 440 341          82.52                -
authorised but
unissued “B”
ordinary shares

Ordinary Resolution
Number 16:
Approval to issue            99.99        0.01      405 410 341          82.51                -
“B” ordinary shares
and/or options for
cash

Ordinary Resolution
Number 17:
Remuneration Policy           100          -        405 440 341          82.52                -

Ordinary Resolution
Number 18:
Signature of                  100          -        405 440 341          82.52                -
documents

Special Resolution
Number 1:
To approve the                100          -         405 440 341         82.52                -
remuneration of the
non-executive
Directors

Special Resolution
Number 2:
To approve                    100           -         405 440 341        82.52                -
intercompany
financial assistance

Special Resolution
Number 3:
To approve financial          100           -         405 440 341        82.52                -
assistance for the
subscription or
purchase of shares
in the Company or in
a related or inter-
related company

Special Resolution
Number 4:
Approval for the              100          -          405 440 341          82.52              -
Company or its
subsidiaries to
repurchase shares of
the Company

Note   * - In relation to the total number of shares voted at the AGM

Cape Town
26 February 2016

Sponsor
PSG Capital Proprietary Limited

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