FAIRVEST PROPERTY HOLDINGS LIMITED - Results Of The Annual General Meeting

Results Of The Annual General Meeting

FAIRVEST PROPERTY HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1998/005011/06)
Share code: FVT ISIN: ZAE000203808
(Approved as a REIT by the JSE)
(“Fairvest” or “the Company”)

RESULTS OF THE ANNUAL GENERAL MEETING

Shareholders are hereby advised that at the annual general meeting of the Company held at
10:00 today, Tuesday, 17 November 2020 in the boardroom, 8th floor, The Terraces,
34 Bree Street, Cape Town (“AGM”), all of the resolutions were passed by the requisite
majorities of the Company’s shareholders, save for ordinary resolution number 9 which was
withdrawn prior to the AGM.

                                   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   90.3%        9.7%         749 593 779   76.5%          0.6%
number 1:
Re-appointment of
auditors

Ordinary resolution   99.5%        0.5%         749 593 779   76.5%          0.6%
number 2:
Retirement and re-
election of Mr LW
Andrag as a
director

Ordinary resolution   100.0%       0.0%         749 593 779   76.5%          0.6%
number 3:
Retirement and re-
election of Mr TJ
Cohen as a director

Ordinary resolution   100.0%       0.0%         749 593 779   76.5%          0.6%
number 4:
Retirement and re-
election of Mr BJ
Kriel as a director

Ordinary resolution   92.6%        7.4%         749 647 479   76.5%          0.6%
number 5:
Re-appointment of
Mr N Mkhize as
member of the
audit and risk
committee

Ordinary resolution   100.0%       0.0%         749 593 779   76.5%          0.6%
number 6:
Re-appointment of
Adv JD Wiese as
member of the
audit and risk
committee

Ordinary resolution   92.6%        7.4%         749 647 479   76.5%          0.6%
number 7:
Re-appointment of
Ms KR Nkuna as
member of the
audit and risk
committee

Ordinary resolution   75.3%        24.7%        749 647 479   76.5%          0.6%
number 8:
General authority to
issue shares for
cash

Ordinary resolution                             WITHDRAWN
number 9:
Authority to sell
Treasury Shares

Ordinary resolution   86.0%        14.0%        749 393 779   76.4%          0.6%
number 10:
Non-binding
endorsement of
Fairvest’s
remuneration policy

Ordinary resolution   86.0%        14.0%        749 393 779   76.4%          0.6%
number 11:
Non-binding
endorsement of
Fairvest’s
implementation
report on the
remuneration policy

Ordinary resolution   100.0%        0.0%        749 593 779   76.5%          0.6%
number 12:
Authority to
execute requisite
documentation

Special resolution    82.9%         17.1%       749 647 479   76.5%          0.6%
number 1:
Share repurchases
by Fairvest and its
subsidiaries

Special resolution    99.0%          1.0%       749 593 779   76.5%          0.6%
number 2:
Remuneration of
non-executive
directors

Special resolution    99.5%          0.5%       749 647 479   76.5%          0.6%
number 3:
Inter-company
financial assistance

Special resolution    79.9%          20.1%      749 447 479   76.5%          0.6%
number 4:
Financial
assistance for the
subscription and/or
purchase of shares
in the Company or
a related or inter-
related company

Note:
The total number of shares in issue as at the date of the AGM was 1 018 125 441. The total
number of shares eligible to vote at the AGM, which excludes the 37 864 324 treasury shares
held, was 980 261 117 shares.

Cape Town
17 November 2020

Sponsor
PSG Capital

Date: 17-11-2020 03:20:00
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