BOWLER METCALF LIMITED - Results of Annual General Meeting (AGM) and Change in Company Secretary

Results of Annual General Meeting (“AGM”) and Change in Company Secretary

Bowler Metcalf Limited                               
(Registration number 1972/005921/06)
Share code: BCF ISIN number: ZAE000030797
(“Bowler Metcalf” or “the company”)

RESULTS OF ANNUAL GENERAL MEETING (“AGM”) AND CHANGE IN COMPANY SECRETARY

RESULTS OF THE AGM

The board of directors is pleased to announce the results of the AGM held yesterday, Wednesday
9 November 2016.

Total number of issued ordinary shares:                                                 88 428 066
Number of ordinary shares represented at the meeting:                                   58 455 482
Number of ordinary shares eligible to vote (excluding 5 629 003 treasury shares):       52 826 479
Percentage of total ordinary shares represented at the meeting:                              66.1%

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

Resolution                                        For        Against        Abstain    Total voted
Ordinary resolution No 1:                     52 772 939                    53 540      52 826 479
Approval of annual financial statements          100%           0%            0%
Ordinary resolution No 2:
Endorsement of directors remuneration         41 161 191    11 611 748       53 540     52 826 479
policy                                            78%         22.0%            0%
Ordinary resolution No 3:                     52 543 349     229 590         53 540     52 826 479
Re-Election of director – Michael Brain          99.6%         0.4%            0%
Ordinary resolution No 4:                     52 768 939      4 000          53 540     52 826 479
Re-Election of director – Sarah Gillett         99.99%           0%            0%
Ordinary resolution No 5:                     52 772 939                     53 540     52 826 479
Director’s authority to negotiate and sign.      100%           0%             0%
Ordinary resolution No 6:                     48 582 626      4 000        4 239 853    52 826 479
Reappointment of auditors                       99.99%          0%             0%
Ordinary resolution No 7.1:
Re-Election of Audit and Risk Committee       52 768 939      4 000          53 540     52 826 479
member – Craig MacGillivray                     99.99%          0%             0%
Ordinary resolution No 7.2:
Re-Election of Audit and Risk Committee       52 517 317     255 622         53 540     52 826 479
member – Brian Frost                            99.5%         0.5%             0%
Ordinary resolution No 7.3:
Re-Election of Audit and Risk Committee       52 768 939       4 000         53 540     52 826 479
member - Sarah Gillett                          99.99%          0%             0%
Special resolution No 1:                      52 710 484      62 455         53 540     52 826 479
General authority to repurchase shares           99.9%         0.1%            0%
Special resolution No 2:                      52 772 939                     53 540     52 826 479
Provision of financial assistance                100%            0%            0%
Special resolution No 3:                      52 763 239      19 700         43 540     52 826 479
Non-executive directors fees                    99.99%           0%            0%
CHANGE IN COMPANY SECRETARY

Mr L Rowles will be retiring from his position of Company Secretary on 30 November 2016 and Ms Carin
Bothma has been appointed in his stead.

Cape Town
10 November 2016

Sponsor
Arbor Capital Sponsors Proprietary Limited

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