NICTUS LIMITED - Results of annual general meeting

Results of annual general meeting

Nictus Limited
Incorporated in the Republic of South Africa
Registration number: 1981/011858/06
ISIN code: NA0009123481
JSE share code: NCS
(“Nictus” or the “Company”)

 RESULTS OF ANNUAL GENERAL MEETING

Nictus shareholders (“Shareholders”) are hereby advised that at the annual general meeting of Shareholders
held at 12:00 (SA time) on Wednesday, 14 October 2020 (“AGM”), all the ordinary and special resolutions
proposed at the AGM were approved by the requisite majority of Shareholders present or represented by proxy
at the AGM.

Details of the results of voting at the AGM are as follows:

                                     For                   Against             Total votes cast          Abstained
       Resolution          Number of     As a %      Number      As a %      Number of       As a %        As a % of
                           Shares of      Voted          of    of Voted         Shares     of Total            Total
                                         Shares      Shares      Shares                      Issued           Issued
                                                                                             Shares           Shares
  Ordinary resolutions
  1   Re-election         42 504 512      100%            0          0%      42 504 512      79.53%               0%
      of Philippus 
      de W Tromp
      as a director
  2   Re-election         42 504 512       100%           0          0%      42 504 512      79.53%               0%
      of Professor
      Barend J
      Willemse as
      a director 
  3   Non-binding         42 504 512       100%           0          0%      42 504 512      79.53%               0%
      approval of
      the
      remuneration
      polic
  4   Non-binding         42 504 512       100%           0          0%      42 504 512      79.53%               0%
      approval of
      the
      remuneration
      implementati
      on report
  5   Re-election         42 504 512       100%           0          0%      42 504 512      79.53%               0%
      of Cornelius
      J de Vrye as
      a member
      and chairman
      of the audit
      and risk
      committee 
  6   Re-election         42 504 512       100%           0          0%      42 504 512      79.53%               0%
      of Professor 
      Barend J
      Willemse as
      a member of
      the audit and
      risk
      committee
  7   Re-election         42 504 512       100%           0          0%      42 504 512     79.53%                0%
      of Gerard
      Swart as a
      member of
      the audit and
      risk
      committee
  8   Appointment         42 504 512       100%           0          0%      42 504 512     79.53%                0%
      of 
      Pricewaterho
      useCoopers
      Inc. (with
      designated
      external audit
      partner being
      Mr Jorge M
      Goncalves)
      as
      independent
      external
      auditor
  9   Authority to        42 504 512       100%            0        0%        42 504 512     79.53%               0%
      issue
      ordinary
      shares 
  10  Signing             42 504 512       100%            0        0%        42 504 512     79.53%               0%
      authority

Special resolutions

1   Approval of           42 504 512       100%            0        0%        42 504 512     79.53%               0%
    non-
    executive
    directors’
    remuneration
2   General               42 504 512       100%            0        0%        42 504 512     79.53%               0%
    authority t
    repurchase
    shares
3   Financial             42 482 312     99.95%       22 200     0.05%        42 504 512     79.53%               0%
    assistance to
    entities
    related or
    inter-related
    to the
    Company, in
    terms of
    section 45 of
    the
    Companies
    Act of South
    Africa

Notes:
1. Total Issued Shares comprises 53 443 500 Nictus ordinary shares (“Shares”).
2. Voted Shares comprises the Shares voted at the AGM in respect of each resolution, excluding abstained
   Shares.


Randburg
15 October 2020

Sponsor
One Capital

Date: 15-10-2020 10:30:00
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