PSG GROUP LIMITED - Results Of The Annual General Meeting Of PSG Group

Results Of The Annual General Meeting Of PSG Group

PSG Group Limited
Incorporated in the Republic of South Africa
Registration number: 1970/008484/06
JSE Limited (“JSE”) share code: PSG
ISIN code: ZAE000013017
LEI code: 378900CD0BEE79F35A34
(“PSG Group” or “the Company”)

RESULTS OF THE ANNUAL GENERAL MEETING (“AGM”) OF PSG GROUP

Shareholders are hereby advised that at the AGM of the Company held entirely
by electronic communication at 11:00 today, Friday, 17 July 2020, 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:

Resolutions       Votes for        Votes     Number of     Number of     Number of
                 resolution      against        shares        shares        shares
                       as a   resolution         voted    voted as a     abstained
                 percentage         as a                  percentage          as a
                   of total   percentage                      of the    percentage
                  number of     of total                       votes        of the
                     shares    number of                 exercisable         votes
                      voted       shares                               exercisable
                                   voted

Ordinary            75.46%        24.54%   153 986 353        70.57%         0.04%
resolution
number 1:
To re-elect Mr
PE Burton as
director

Ordinary            99.91%         0.09%   153 986 663        70.57%         0.04%
resolution
number 2:
To re-elect Ms
B Mathews as
director

Ordinary            94.26%         5.74%   153 986 663        70.57%         0.04%
resolution
number 3:
To re-elect Mr
JJ Mouton as
director

Ordinary            76.35%        23.65%   153 986 353        70.57%         0.04%
resolution
number 4:
To re-appoint
Mr PE Burton
as a member of
the audit and
risk committee

Ordinary            99.97%         0.03%   153 986 348        70.57%         0.04%
resolution
number 5:
To re-appoint
Ms AM Hlobo as
a member of
the audit and
risk committee

Ordinary            99.91%         0.09%   153 986 353        70.57%         0.04%
resolution
number 6:
To re-appoint
Ms B Mathews
as a member of
the audit and
risk committee

Ordinary            67.94%        32.06%   153 986 353        70.57%         0.04%
resolution
number 7:
To re-appoint
Mr CA Otto as
a member of
the audit and
risk committee

Ordinary            77.40%        22.60%   153 986 103        70.57%         0.04%
resolution
number 8:
To re-appoint
Pricewater-
houseCoopers
Inc. as
auditor

Ordinary            82.36%        17.64%   153 757 698        70.46%         0.15%
resolution
number 9:
Non-binding
endorsement of
PSG Group’s
remuneration
policy

Ordinary            92.97%         7.03%   153 755 598        70.46%         0.15%
resolution
number 10:
Non-binding
endorsement of
PSG Group’s
implementation
report on the
remuneration
policy

Ordinary            93.89%         6.11%   153 986 753        70.57%         0.04%
resolution
number 11:
General
authority to
issue ordinary
shares for
cash

Special             99.77%         0.23%   153 007 654        70.12%         0.49%
resolution
number 1:
Remuneration
of non-
executive
directors

Special             97.48%         2.52%   153 983 403        70.57%         0.04%
resolution
number 2:
Inter-company
financial
assistance

Special             78.18%        21.82%   153 986 923        70.57%         0.04%
resolution
number 3:
Financial
assistance for
the
subscription
and/or
purchase of
shares in the
Company or a
related or
inter-related
company

Special             95.91%         4.09%   153 978 330        70.56%         0.05%
resolution
number 4:
Share
repurchases by
PSG Group and
its
subsidiaries

The total number of shares in issue (net of treasury shares) as at the date
of the AGM was 218 209 484.

The investor presentation made at the AGM is available on PSG Group’s
website (www.psggroup.co.za).

Stellenbosch
17 July 2020

Sponsor
PSG Capital

Independent sponsor
UBS South Africa

Date: 17-07-2020 04:45:00
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