MANTENGU MINING LIMITED - Results of Annual General Meeting

Results of Annual General Meeting

MANTENGU MINING LIMITED
Incorporated in the Republic of South Africa
(Registration number: 1987/004821/06)
Share code: MTU ISIN: ZAE000320347
("Mantengu" or “the Company”)


RESULTS OF ANNUAL GENERAL MEETING


Shareholders are advised that, at the annual general meeting of Mantengu held today, Wednesday,
16 August 2023, all the resolutions as set out in the notice of annual general meeting were passed by the
requisite majority of shareholders.

The number of shares voted in person or by proxy was 106 911 969 representing 69% of the total issued
share capital of the same class of Mantengu shares.

The resolutions proposed at the meeting, together with the percentage of votes carried for and against each
resolution, as well as the percentage of shares abstained, are set out below:

                                                                   % of votes     % of votes
                                                               carried for the   against the   % of shares
 Resolution                                                        resolution     resolution    abstained

 Ordinary resolution 1: Confirmation of Directors
 appointments and re-election of Director

 1.1   Appointment of Alistair Collins as a non-executive
       Director and Chairman of the Board                          100.00%          0.00%          0.00%

 1.2   Appointment of Magendren (Magen) Naidoo as an
       executive Director and Financial Director                   100.00%          0.00%          0.00%

 1.3   Re-election of Jonas Tshikundamalema as an
       Independent non-executive Director                          100.00%          0.00%          0.00%

 Ordinary resolution 2: Appointment of HLB CMA South
 Africa Inc as the Company’s external auditors and Jean-
 André du Toit as the individual designated audit partner          100.00%          0.00%          0.85%

 Ordinary resolution 3: Appointment of members of the
 Combined Audit and Risk Committee

 3.1   Appointment of Vincent Madlela as a member and
       Chairman of the Combined Audit and Risk
       Committee                                                   100.00%          0.00%          0.00%

 3.2   Appointment of Jonas Tshikundamalema as a
       member of the Combined Audit and Risk Committee             100.00%          0.00%          0.00%

 3.3   Appointment of Alistair Collins as a member of the
       Combined Audit and Risk Committee                           100.00%          0.00%          0.00%

 Ordinary resolution 4: General authority to issue ordinary
 shares, and to sell treasury shares, for cash                      99.64%          0.36%          0.00%

 Ordinary resolution 5: Non-binding advisory endorsement
 of the Company’s Remuneration Policy and Implementation
 Report

 5.1   Non-binding advisory endorsement of the Company’s
       Remuneration Policy                                          99.60%          0.40%          0.85%

 5.2   Non-binding advisory endorsement of the Company’s
       Implementation Report                                        99.96%          0.04%          0.85%

 Ordinary resolution number 6: Approval of amendments
 to the Performance Share Plan                                      99.96%          0.04%          0.00%

 Ordinary resolution number 7: Authorisation of Directors          100.00%          0.00%          0.00%

 Special resolution number 1: General approval to acquire
 shares                                                             98.43%          1.57%          0.00%

 Special resolution number 2: Approval of non-executive
 Directors’ fees                                                    98.39%          1.61%          0.00%

 Special resolution number 3: Financial assistance for the
 subscription of securities                                         99.96%          0.04%          0.00%

 Special resolution number 4: Financial assistance to
 related and inter-related companies                                99.96%          0.04%          0.00%

 Special resolution number 5: Increase in authorised
 share capital and MOI amendment                                    98.42%          1.58%          0.00%


Johannesburg
16 August 2023

Designated Adviser
Merchantec Capital

Date: 16-08-2023 05:02:00
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