ALEXANDER FORBES GROUP HOLDINGS LIMITED - Report on proceedings at the annual general meeting

Report on proceedings at the annual general meeting

ALEXANDER FORBES GROUP HOLDINGS LIMITED
Incorporated in the Republic of South Africa
(Registration number: 2006/025226/06)
JSE Share Code: AFH
ISIN: ZAE000191516
(“Alexander Forbes” or “the Company”)

REPORT ON PROCEEDINGS AT THE ANNUAL GENERAL MEETING

At the 2015 annual general meeting (“AGM”) of the shareholders of
Alexander Forbes held today, 30 July 2015 all the ordinary and special
resolutions proposed at the meeting were approved by the requisite
majority of votes. In this regard, the Company confirms the voting
statistics from the AGM as follows:

Percentage of votable shares represented in relation to the total
issued share capital:

Number of votable                      Total issued share                 Percentage of votable
shares represented                                capital                                shares
995 887 655                                 1 341 426 963                                74.24%


                                 Total of           Total 
                              Represented          Shares             Total Votes in                Total Votes
                                   Shares       Abstained                     Favour                    Against
                                Exercised
                               No.      %        No.    %              No.          %            No.          %

ORDINARY RESOLUTIONS
1. Election of
   Directors
1.1 Mr B Petersen      995 887 579   100%        76    -       918 628 726     92.24%     77 258 853      7.76%
1.2 Mr MD Collier      995 887 579   100%        76    -       764 172 734     96.82%     31 714 845      3.18%
1.3 Mr HP Meyer        995 887 579   100%        76    -       995 885 579     99.99%          2 000      0.00%
1.4 Mr WS O’Regan      995 887 579   100%        76    -       995 885 579     99.99%          2 000      0.00%
1.5 Mr DJ Anderson     995 887 579   100%        76    -       992 582 825     99.67%      3 304 754      0.33%
1.6 Mr RM Kgosana      995 887 579   100%        76    -       995 885 579     99.99%          2 000      0.00%
2. Appointment of
   Audit Committee
   Members
2.1 Dr D Konar         995 887 579   100%        76    -        959 235 741     96.32%     36 651 838     3.68%
(Chairman) 
2.2 Mr M Collier       995 887 579   100%        76    -        953 960 957     95.79%     41 926 622     4.21%
2.3 Mr B Petersen      995 887 579   100%        76    -        938 076 103     94.19%     57 811 476     5.81%
3. Appointment of      995 887 579   100%        76    -        995 885 579     99.99%          2 000     0.00%
   Auditors
4. Authorisation of    995 887 579   100%        76    -        980 806 364     98.49%     15 081 215     1.51%
   Directors
5. Approval of         995 887 579   100%        76    -        860 725 782     86.43%    135 161 797    13.57%
   Alexander Forbes                                         
   LTIP
SPECIAL RESOLUTIONS
S1. Non-Executive      995 887 579   100%        76    -        995 885 579     99.99%          2 000     0.00%
Directors’                                                  
Remuneration
S3. Issue of           995 887 579   100%        76    -        851 630 097     86.61%     131 700 082   13.39%
ordinary shares for
the Alexander Forbes
LTIP

The special resolution/s will, where necessary, be lodged for
registration with the Companies and Intellectual Property Commission
in due course.

Sandton
30 July 2015

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

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