SYGNIA LIMITED - Results of Annual General Meeting and Resignation of Director

Results of Annual General Meeting and Resignation of Director

SYGNIA LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2007/025416/06)
Share code on the JSE and A2X: SYG
ISIN: ZAE000208815
(“Sygnia” or the “Company”)


 RESULTS OF ANNUAL GENERAL MEETING AND RESIGNATION OF DIRECTOR

 Sygnia shareholders are advised that all the ordinary and special resolutions in the Notice of the Annual General Meeting
 (“AGM”) dated 5 December 2022 and tabled at the Company’s AGM held on Monday, 30 January 2023, were passed by
 the requisite majority of votes of shareholders present or represented by proxy.

 The following information is provided:

 Total number of issued ordinary shares: 150 460 489
 Number of ordinary shares represented at the AGM: 112 070 410
 Percentage of ordinary shares represented at the AGM: 74.48%

 Details of the voting results are set out below:

   Resolution                                  Number of      Percentage of        For**      Against**    Abstained*
                                              shares voted    shares voted*

   Ordinary Resolution 1:
   To appoint the auditor of the               111 948 593        74.40%          99.99%        0.01%        0.08%
   Company
   Ordinary Resolution 2.1:
   To re-elect the non-executive director      111 948 493        74.40%          99.11%        0.89%        0.08%
   - Prof H Bhorat
   Ordinary Resolution 2.2:
   To re-elect the non-executive director      111 948 493        74.40%          99.99%        0.01%        0.08%
   – Ms C Appana
   Ordinary Resolution 3.1:
   To elect the Audit and Risk                 111 948 593        74.40%          99.99%        0.01%        0.08%
   Committee members - Mr G
   Cavaleros (Chairman)
   Ordinary Resolution 3.2:
   To elect the Audit and Risk                 111 948 593        74.40%          99.99%        0.01%        0.08%
   Committee members - Ms C Appana
   Ordinary Resolution 3.3:
   To elect the Audit and Risk                 111 948 493        74.40%          99.99%        0.01%        0.08%
   Committee members - Mr J Boyd
   Ordinary Resolution 4:
   To authorise the issue of ordinary          111 955 728        74.41%          92.58%        7.42%        0.08%
   shares for cash
   Ordinary Resolution 5:
   Control of authorised but unissued          111 955 728        74.41%          97.72%        2.28%        0.08%
   shares
   Ordinary Resolution 6:
   Non-binding advisory vote on the            111 947 228        74.40%          93.71%        6.29%        0.08%
   Sygnia remuneration policy
   Ordinary Resolution 7:
   Non-binding advisory vote on the           111 946 393        74.40%         93.72%       6.28%         0.08%
   Sygnia implementation report
   Ordinary Resolution 8:
   To authorise directors and the             111 949 428        74.40%         99.99%       0.01%         0.08%
   company secretary to implement
   special and ordinary resolutions
   Special Resolution 1:
   Approval of remuneration of non-           111 940 478        74.40%         99.11%       0.89%         0.09%
   executive directors
   Special Resolution 2:
   Authority to repurchase shares             111 955 728        74.41%         98.86%       1.14%         0.08%

   Special Resolution 3:
   Approval to provide financial              111 949 428        74.40%         99.99%       0.01%         0.08%
   assistance to subsidiaries and
   related or inter-related companies
   Special Resolution 4:
   Approval to provide financial              111 949 428        74.40%         99.10%       0.90%         0.08%
   assistance for the subscription or
   purchase of securities

*Based on 150 460 489 shares in issue as at the date of the AGM
**Based on the number of shares voted


RESIGNATION OF DIRECTOR

In compliance with paragraph 3.59 of the JSE Listings Requirements, shareholders are advised that Mr Murad Sirkot has
resigned as the financial director of the Company with effect from 1 April 2023 to pursue other career opportunities.
The Sygnia board expresses its sincere thanks to Mr Sirkot for his contribution to the growth of the Company over the
past four years.


Cape Town
31 January 2023

Sponsor:
The Standard Bank of South Africa Limited

Date: 31-01-2023 10:00:00
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