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 today, Thursday, 13 February 2020 at the Conference Venue, Lemoenkloof Guest
House, 3 Malan Street, Paarl (“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    99.98%       0.02%          55 483 521    74.81%         0.00%
number 1:
Reappointment of
PricewaterhouseCo
opers as the
auditor

Ordinary resolution    100%         0.00%          55 483 521    74.81%         0.00%
number 2:
To re-elect Mr JH le
Roux as director

Ordinary resolution    99.98%       0.02%          55 483 521    74.81%         0.00%
number 3:
To re-elect Mr HM
Smit as director

Ordinary resolution    100%         0.00%          55 483 521    74.81%         0.00%
number 4:
To re-elect Mrs D
du Toit as director

Ordinary resolution    99.12%       0.88%          55 483 521    74.81%         0.00%
number 5:
To reappoint Mr CA
Otto as member of
the Audit and Risk
committee

Ordinary resolution    100%         0.00%          55 483 521    74.81%         0.00%
number 6:
To reappoint Mrs D
du Toit as member
of the Audit and
Risk committee

Ordinary resolution    99.98%       0.02%          55 483 521    74.81%         0.00%
number 7:
To reappoint Mr BS
du Toit as member
of the Audit and
Risk committee

Ordinary resolution    96.61%       3.39%          55 483 521    74.81%         0.00%
number 8:
Non-binding
endorsement of
Kaap Agri’s
remuneration policy

Ordinary resolution    98.76%       1.24%          55 483 521    74.81%         0.00%
number 9:
Non-binding
endorsement of
Kaap Agri’s
implementation
report on the
remuneration policy

Ordinary resolution    95.06%       4.94%          55 483 521    74.81%         0.00%
number 10:
General authority to
issue ordinary
shares for cash

Special resolution     100%         0.00%          55 483 521    74.81%         0.00%
number 1:
Approval of non-
executive directors’
remuneration

Special resolution     99.98%       0.02%          55 483 147    74.81%         0.00%
number 2:
Share repurchase
by the company
and its subsidiaries

Special resolution     100%         0.00%          55 483 147    74.81%         0.00%
number 3:
Inter-company
financial assistance

Special resolution     100%         0.00%          55 483 147    74.81%         0.00%
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 74 170 277.

Paarl
13 February 2020

Sponsor
PSG Capital
Date: 13-02-2020 05:00:00
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