CURRO HOLDINGS LIMITED - Results of the 2023 annual general meeting and announcement of the intended retirement of the chairperson in 2024

Results of the 2023 annual general meeting and announcement of the intended retirement of the chairperson in 2024

CURRO HOLDINGS LIMITED
Incorporated in the Republic of South Africa
(Registration number: 1998/025801/06)
JSE Share Code: COH
ISIN: ZAE000156253
LEI: 378900E237CB40F0BF96
Company Alpha Code: COHI
(“Curro” or “the Company”)

RESULTS OF THE 2023 ANNUAL GENERAL MEETING AND ANNOUNCEMENT OF THE
INTENDED RETIREMENT OF THE CHAIRPERSON IN 2024

RESULTS OF THE 2023 ANNUAL GENERAL MEETING

Shareholders are hereby advised that at the annual general meeting of the Company held
entirely by electronic communication at 14:00 today, 14 June 2023 (“AGM”), all of the
resolutions were passed by the requisite majorities 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       96,99%           3,01%    433 928 268        72,57%          4,23%
 number 1:
 To confirm Mrs
 Mari Lategan
 (‘Marí’)
 appointment as a
 director
 Ordinary resolution       99,95%           0,05%    457 637 032       76,53%          0,26%
 number 2:
 To confirm Mr
 Burthryne Craig
 September
 (‘Burtie’) as a
 director
 Ordinary resolution       99,97%           0,03%    433 911 139       72,57%          4,23%
 number 3:
 To re-elect Mr
 Thembalihle Phillip
 Baloyi (‘Themba’)
 as a director
 Ordinary resolution       99,97%           0,03%    433 911 139       72.57%          4,23%
 number 4:
 To re-elect Ms
 Zandile Nangamso
Mankai (‘Nan’) as a
director
Ordinary resolution        99,96%           0,04%    433 911 139       72,57%          4,23%
number 5:
To re-elect Mr
Douglas Maitakhole
Ramaphosa
(‘Douglas’) as a
director
Ordinary resolution        99,98%           0,02%    433 870 177       72,56%          4,24%
number 6:
To re-appoint Ms
Nan Mankai as
chair and member
of the audit and risk
committee of the
Company
Ordinary resolution        99,97%           0,03%    433 870 177       72,56%          4,24%
number 7:
To re-appoint Mr
Themba Baloyi as
a member of the
audit and risk
committee of the
Company
Ordinary resolution        96,97%           3,03%    433 870 177       72,56%          4,24%
number 8:
To re-appoint Mr
Douglas
Ramaphosa as a
member of the
audit and risk
committee of the
Company
Ordinary resolution        97,12%           2,88%    457 588 526       76,52%          0,27%
number 9:
To reappoint PwC
Inc. as auditor
Ordinary resolution        75,17%          24,83%    458 856 795       76,74%          0,06%
number 10:
General authority to
issue ordinary
shares for cash
Ordinary resolution        68,92%          31,08%    457 590 076       76,52%          0,27%
number 11:
Non-binding
endorsement of
Curro’s
remuneration policy
Ordinary resolution        71,65%          28,35%    457 590 076       76,52%          0,27%
number 12:
Non-binding
endorsement of
Curro’s
implementation
 report on the
 remuneration policy
 Special resolution        98,55%           1,45%    458 794 118       76,73%          0,07%
 number 1:
 Remuneration of
 the non-executive
 directors
 Special resolution        94,27%           5,73%    458 847 666       76,74%          0,06%
 number 2:
 Inter-company
 financial assistance
 Special resolution        82,11%          17,89%    458 846 666       76,74%          0,06%
 number 3:
 Financial
 assistance for the
 subscription to
 and/or the
 acquisition of
 shares in the
 company or a
 related or inter-
 related company
 Special resolution        94,53%          5,47%    458 844 216        76,73%          0,06%
 number 4:
 Shares
 repurchases by the
 company and its
 subsidiaries

Note:
* The total number of shares in issue as at the date of the AGM was 597 961 595 of which
  11 722 617 shares were held by the Curro Holdings Limited Executive Long-Term Incentive
  Scheme Trust and were not voted.

Shareholders are further advised that ordinary resolution number 11, relating to the non-
binding advisory vote on the remuneration policy of the Company and ordinary resolution
number 12 relating to the non-binding advisory vote on the implementation report of the
remuneration policy, were voted against by more than 25% of the votes exercised by the
Company’s shareholders present in person or represented by proxy at the AGM. An invitation
therefore will be extended to such dissenting shareholders to further engage with the
Company. The manner and timing of such engagement has not been finalised and the
Company will issue a further announcement setting out such details.

The presentation made at the AGM by the Chief Executive Officer is available on the
Company’s web site: https://www.curro.co.za/media/quihqwpd/curro-agm-presentation-for-
the-year-ended-31-december-2022.pdf

INTENDED RETIREMENT OF CHAIRPERSON IN 2024

In accordance with paragraph 3.59(b) of the JSE Limited Listings Requirements and
paragraph 6.39(b) of the Debt Listings Requirements, shareholders are hereby advised that
Ms Santie Botha indicated her intention to retire as an independent non-executive director and
Chairperson of the board of the Company (“Board”) at the conclusion of the next annual
general meeting, which is anticipated to be held in June 2024. The Company will advise
shareholders of the effective date of Santie’s retirement, in due course. Santie has served on
the Board for approximately 11 years.

The early notification of Santie’s intended retirement provides the Company with sufficient
time to seek and appoint a successor. Shareholders will be advised when a suitable candidate
has been identified and appointed.

Durbanville
14 June 2023

Equity and Debt Sponsor
PSG Capital

Date: 14-06-2023 05:20:00
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