KAAP AGRI LIMITED - Results Of The Annual General Meeting

Results Of The Annual General Meeting

KAAP AGRI LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2011/113185/06)
Share code: KAL
ISIN: ZAE000244711
(“Kaap Agri” or “the Company”)

RESULTS OF THE ANNUAL GENERAL MEETING

Shareholders are hereby advised that at the annual general meeting of the Company held at
12:30 p.m. today, Thursday, 9 February 2023 at the Conference Venue, Lemoenkloof Guest
House, 3 Malan Street, Paarl (“AGM”), all of the resolutions were passed by the requisite
majority of the Company’s shareholders.

Details of the results of the voting at the 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   81.34%        18.66%         32 028 181    42.95%         0.07%
number 1:
Re-appointment of
PwC Inc. as the
auditor

Ordinary resolution   99.99%        0.01%          32 025 541    42.95%         0.07%
number 2:
Confirmation of
appointment of Ms
B Mathews as
director

Ordinary resolution   99.43%        0.57%          32 028 258    42.95%         0.07%
number 3:
Re-election of Mr
JH le Roux as
director

Ordinary resolution   99.71%        0.29%          32 028 258    42.95%         0.07%
number 4:
Re-election of Mrs
D du Toit as
director

Ordinary resolution   96.85%        3.15%          32 028 056    42.95%         0.07%
number 5:
Re-appointment of
Mr CA Otto as
member of the
Audit and Risk
committee

Ordinary resolution   99.92%        0.08%          32 028 258    42.95%         0.07%
number 6:
Re-appointment of
Mrs D du Toit as
member of the
Audit and Risk
committee

Ordinary resolution   96.08%        3.92%          30 744 174    41.23%         1.79%
number 7:
Re-appointment of
Mr BS du Toit as
member of the
Audit and Risk
committee

Ordinary resolution   99.99%        0.01%          32 028 258    42.95%         0.07%
number 8:
Appointment of Ms
B Mathews as
member of the
Audit and Risk
committee

Ordinary resolution   83.00%       17.00%          32 012 505    42.93%         0.09%
number 9:
Non-binding
endorsement of
Kaap Agri’s
remuneration policy

Ordinary resolution   88.20%       11.80%          32 030 100    42.95%         0.06%
number 10:
Non-binding
endorsement of
Kaap Agri’s
implementation
report on the
remuneration policy

Ordinary resolution   86.74%       13.26%          31 670 799    42.47%         0.55%
number 11:
General authority to
issue ordinary
shares for cash

Special resolution    99.46%        0.54%          32 023 445    42.95%         0.07%
number 1:
Approval of non-
executive directors’
remuneration
 
Special resolution    99.47%        0.53%          32 031 981    42.96%         0.06%
number 2:
Share repurchases
by the Company
and its subsidiaries

Special resolution    99.97%        0.03%          32 031 746    42.96%         0.06%
number 3:
Inter-company
financial assistance

Special resolution    98.97%        1.03%          32 031 752    42.96%         0.06%
number 4:
Financial
assistance for the
subscription and/or
purchase of shares
in the Company or
a related or inter-
related company

Special resolution    99.99%        0.01%          32 022 674    42.94%         0.07%
number 5:
Change of name

Ordinary resolution   99.97%        0.03%          32 028 578    42.95%         0.07%
number 12:
Authority

Note:
*Total number of shares in issue as at the date of the AGM was 74 567 680, of which
4 200 379 were treasury shares.

Paarl
9 February 2023

Sponsor
PSG Capital

Date: 09-02-2023 05:05:00
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