EFFICIENT GROUP LIMITED - Results of Annual General Meeting

Results of Annual General Meeting

EFFICIENT GROUP LIMITED
Incorporated in the Republic of South Africa
(Registration number 2006/036947/06)
Share code: EFG ISIN: ZAE000151841
(“EFG” or “the Company”)


RESULTS OF ANNUAL GENERAL MEETING


Shareholders are advised that, at the annual general meeting of EFG held today, 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 81 134 421, representing 89.56% of the total issued
share capital of the same class of EFG shares.

The resolutions proposed at the meeting, as well as the percentage of votes carried for and against each
resolution, together with 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 number 1: Re-election of                          100               -              -
Dr Steve Booysen as non-executive director
 
Ordinary resolution number 2: Re-election of                          100               -              -
Ms Zee Cele as non-executive director
 
Ordinary resolution number 3: Re-appointment of                       100               -              -
KPMG Incorporated as external auditors
 
Ordinary resolution number 4: Re-appointment of
Joe Rosen as member of the Audit and Risk                             100               -              -
Committee
 
Ordinary resolution number 5: Re-appointment of
Lynette Taylor as member of the Audit and Risk                        100               -              -
Committee
 
Ordinary resolution number 6: Re-appointment of                       100               -           0.02
Zee Cele as member of the Audit and Risk Committee

Ordinary resolution number 7: Placement of
authorised but unissued shares under the directors’                   100               -              -
control
 
Ordinary resolution number 8: General authority to                    100               -              -
issue ordinary shares, for cash
 
Special resolution number 1: General authority to                     100               -              -
repurchase shares
 
Special resolution number 2.1: Approval of non-                       100               -              -
executive directors fees for 2017
 
Special resolution number 2.2: Ratification and
approval of remuneration paid to Dr Steve Booysen,
the independent non-executive Chairman of the                         100               -           0.01
Company, for the provision of additional services to the
Company for the period 1 September 2015 to 31
August 2016
 
Special resolution number 3: General authority to                     100               -           0.02
provide financial assistance
 
Ordinary resolution number 9: Non-binding advisory                    100               -              -
endorsement: Remuneration policy 
 
Ordinary resolution number 10: Authority for
directors or company secretary to implement                           100               -              -
resolutions


Johannesburg
25 January 2017

Sponsor
Merchantec Capital

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