GRAND PARADE INVESTMENTS LIMITED - Results of the Annual General Meeting

Results of the Annual General Meeting

GRAND PARADE INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1997/003548/06)
Share code: GPL
ISIN: ZAE000119814
(“GPI” or “the Company”)

RESULTS OF THE ANNUAL GENERAL MEETING

Shareholders are hereby advised that the results of the voting at the annual general meeting
of the Company held at 18:00 on 8 December 2021 via electronic participation (“AGM”), are
as follows:

                                     Votes
                       Votes for     against
                       resolution    resolution
                       as a          as a                       Number of      Number of
                       percentage    percentage                 shares         shares
                       of total      of total                   voted at       abstained
                       number of     number of    Number of     AGM as a       as a
 Resolutions           shares        shares       shares        percentage     percentage
 proposed at the       voted at      voted at     voted at      of shares in   of shares in
 AGM                   AGM           AGM          AGM           issue*         issue*
 
 Ordinary resolution   60.73%        39.27%       289 018 353     61.49%         0.03%
 number 1:
 Re-election of Mr A
 Abercombie as a
 non-executive
 director
 
 Ordinary resolution   71.79%        28.21%       289 018 353     61.49%         0.03%
 number 2:
 Re-election of Ms R
 van Dijk as an
 independent non-
 executive director
 
 Ordinary resolution   94.21%        5.79%        289 018 353     61.49%         0.03%
 number 3:
 Re-appointment of
 Prof W Geach as a
 member of the
 audit and risk
 committee
 
 Ordinary resolution   71.79%        28.21%       289 018 353     61.49%         0.03%
 number 4:
 Re-appointment of
 Ms R van Dijk as a
 member of the
 audit and risk
 committee
 
 Ordinary resolution   71.79%        28.21%       289 036 833     61.49%         0.02%
 number 5:
 Re-appointment of
 Mr M Bowman as a
 member of the
 audit and risk
 committee

 Ordinary resolution    92.33%        7.67%       289 004 418     61.49%         0.03%
 number 6:
 Re-appointment of
 EY as independent
 auditor

 Ordinary resolution    69.11%       30.89%       287 500 225     61.17%         0.35%
 number 7:
 Non-binding
 advisory vote on
 the Company’s
 remuneration policy

 Ordinary resolution    69.95%       30.05%       289 011 418     61.49%         0.03%
 number 8:
 Non-binding
 advisory vote of the
 implementation
 report on the
 Company’s
 remuneration policy

 Special resolution     70.38%       29.62%      288 999 018      61.49%         0.03%
 number 1.1:
 Remuneration of
 non-executive
 Chairperson

 Special resolution     99.72%       0.28%       288 973 018      61.48%         0.04%
 number 1.2:
 Remuneration of
 lead independent
 director

 Special resolution     99.57%       0.43%       288 985 018      61.48%         0.03%
 number 1.3:
 Remuneration of
 non-executive
 directors
 
 Special resolution     70.15%      29.85%       289 011 353      61.49%         0.03%
 number 2:
 Share repurchases
 by the Company
 and its subsidiaries

 Special resolution     72.05%      27.95%       289 011 353      61.49%         0.03%
 number 3:
 Inter-company
 financial assistance

 Special resolution     72.04%      27.96%       288 997 418      61.49%         0.03%
 number 4:
 Financial
 assistance for the
 subscription and/or
 purchase of shares
 in the Company or
 a related or inter-
 related company

* The total number of shares in issue at the date of the AGM was 470 022 741, of which
  25 208 681 were treasury shares.

Shareholders are further advised that, as ordinary resolution number 7, relating to the non-
binding advisory vote on the remuneration policy of the Company and ordinary resolution
number 8 relating to the non-binding advisory vote on the implementation of the remuneration
policy, were voted against by 25% or more of the votes exercised by the Company’s
shareholders present in person or represented by proxy at the AGM, an invitation will be
extended to such dissenting shareholders to engage with the Company. The manner and
timing of such engagement has not as yet been finalised and the Company will issue a further
announcement shortly setting out such details.

Cape Town
9 December 2021

Sponsor
PSG Capital

Date: 09-12-2021 12:00:00
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