STEFANUTTI STOCKS HOLDINGS LIMITED - Results of Annual General Meeting

Results of Annual General Meeting

Stefanutti Stocks Holdings Limited
(Registration number 1996/003767/06)
Share code: SSK ISIN: ZAE000123766
(“Stefanutti Stocks” or “the Company”)

RESULTS OF ANNUAL GENERAL MEETING

Shareholders are notified that at the Company’s Annual General Meeting (“AGM”) held on Friday, 2
September 2016, all the ordinary and special resolutions as set out in the notice of AGM, were approved by
the requisite majority of shareholders present or represented by proxy.

The number of Stefanutti Stocks ordinary shares voted in person or by proxy was 149 328 578 representing
79,40% of the total ordinary issued share capital of the same class of Stefanutti Stocks shares.

All resolutions proposed at the AGM, together with the percentage of shares abstained (as a percentage of
total issued share capital of the Company), shares voted (as a percentage of total issued share capital of the
Company) as well as the percentage of votes carried for and against each resolution (as a percentage of
shares voted), are as follows:

Ordinary resolution number 1 – To adopt the annual financial statements of the Company for the year
ended 29 February 2016

FOR                AGAINST               ABSTAIN                 SHARES VOTED

100.00%            0%                    0.03%                   100.00%

Ordinary resolution number 2 – To re-elect ZJ Matlala as a director of the Company

FOR                AGAINST               ABSTAIN                 SHARES VOTED

99.99%             0.01%                 0.03%                   100.00%

Ordinary resolution number 3 – To re-elect LB Sithole as a director of the Company

FOR                AGAINST               ABSTAIN                 SHARES VOTED

88.65%             11.35%                0.03%                   100.00%

Ordinary resolution number 4 – To re-elect NJM Canca as a director of the Company

FOR                AGAINST               ABSTAIN                 SHARES VOTED

100.00%            0.00%                 0.03%                   100%

Ordinary resolution number 5 – To re-appoint the auditors

FOR                AGAINST               ABSTAIN                 SHARES VOTED

100.00%            0.00%                 0.03%                   100.00%

Ordinary resolution number 6 – To appoint NJM Canca as a member of the Audit, Governance and
Risk Committee

FOR                AGAINST               ABSTAIN                 SHARES VOTED

100.00%            0.00%                 0.03%                   100.00%

Ordinary resolution number 7 – To appoint JWLM Fizelle as a member of the Audit, Governance
and Risk Committee

FOR                AGAINST               ABSTAIN                 SHARES VOTED

100.00%            0.00%                 0.03%                   100.00%

Ordinary resolution number 8 – To appoint ZJ Matlala as a member of the Audit, Governance and
Risk Committee

FOR                AGAINST               ABSTAIN                 SHARES VOTED

99.99%             0.01%                 0.03%                   100.00%

Ordinary resolution number 9 – To appoint HJ Craig as a member of the Audit, Governance and
Risk Committee

FOR                AGAINST               ABSTAIN                 SHARES VOTED

100.00%            0.00%                 0.03%                   100.00%

Ordinary resolution number 10 – To approve the Company’s remuneration policy

FOR                AGAINST               ABSTAIN                 SHARES VOTED

65.20%             34.80%                5.50%                   100.00%

Special resolution number 1 – To approve the fees of non-executive directors

FOR                AGAINST               ABSTAIN                 SHARES VOTED

87.42%             12.58%                0.03%                   100.00%

Special resolution number 2 – To approve financial assistance

FOR                AGAINST               ABSTAIN                 SHARES VOTED

100.00%            0.00%                 9.84%                   100.00%

Special resolution number 3 – General authority to repurchase Company shares
       
FOR                AGAINST               ABSTAIN                 SHARES VOTED

100.00%            0.00%                 0.03%                   100.00%

In respect of Special Resolution Number 2 (financial assistance), notice is hereby given in terms of Section
45(5) of the Companies Act No 71 of 2008 (the “Companies Act”), that, pursuant to the authority granted to
the board of directors of the Company by the shareholders in the annual general meeting held on 2
September 2016, the board of directors of the Company has adopted a resolution authorising the Company
to provide financial assistance as contemplated in sections 44 and/or 45 of the Companies Act.

Johannesburg
2 September 2016
Sponsor and Corporate Advisor: Bridge Capital Advisors Proprietary Limited

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