HOSKEN CONSOLIDATED INVESTMENTS LIMITED - Results of Annual General Meeting

Results of Annual General Meeting

HOSKEN CONSOLIDATED INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1973/007111/06)
(Share code: HCI & ISIN: ZAE000003257)
(“HCI” )


RESULTS OF ANNUAL GENERAL MEETING


Shareholders are hereby advised that at the HCI annual general meeting held in the main boardroom of Suite 801,
76 Regent Road, Sea Point, Cape Town 8005 at 12:00 on Friday 1 September 2023 (“AGM”), all of the resolutions
that were proposed at the AGM were passed by the requisite majorities of HCI shareholders.


The total number of HCI shares represented at the AGM, including abstentions, was 74 669 040, representing
92.33% of the total issued share capital of HCI as at Friday, 18 August 2023, being the record date for a HCI
shareholder to be recorded in the Register in order to be eligible to attend, participate and vote at the AGM
(“Voting Record Date”).


Total number of shares in issue as at the date of the AGM is 85 620 648; total number of shares that can be
exercised at the meeting is 80 870 140.

The results of the voting at the AGM were as follows:

                                                Votes against
                                  Votes for     resolution as
                            resolution as a      a percentage                          Number of         Number of
                              percentage of          of total                       shares voted            shares
                            total number of         number of       Number of        at AGM as a    abstained as a
Resolutions proposed        shares voted at      shares voted    shares voted      percentage of     percentage of
at the AGM                              AGM            at AGM          at AGM    shares in issue   shares in issue

Ordinary resolution:
Re-election of director:

1.Mr FM Magugu                       88.95%            11.05%      74 579 563             87.10%             0.02%

2: Ms LM McDonald                    94.40%             5.60%      74 579 563             87.10%             0.02%

3.Mr VE Mphande                      88.95%            11.05%      74 579 563             87.10%             0.02%

4. Mr JR Nicolella                   97.36%             2.64%      74 579 563             87.10%             0.02%

Ordinary resolution number 5:
Appointment of auditor:
Mazar                                100.0%             0.00%      74 576 559             87.10%             0.03%

Ordinary resolution:
Re-appointment of audit
committee members

6.Mr MH Ahmed                        99.22%             0.78%      74 576 559             87.10%             0.03%

7.Mr JG Ngcobo                       93.84%             6.16%      74 576 559             87.10%             0.03%

8. Ms RD Watson                      98.28%             1.72%      74 576 559             87.10%             0.03%

Ordinary resolution number 9:
General authority over
authorised but unissued
shares                               74.17%            25.83%      74 576 559             87.10%             0.03%

Ordinary resolution
number 10:
Directors’ authority to
implement company
resolutions                          100.0%             0.00%      74 576 559             87.10%             0.03%

Non-binding advisory vote
number 1: Non-binding
advisory endorsement of long-
term remuneration policy             86.38%            13.62%      74 576 559             87.10%             0.03%

Non-binding advisory vote
number 2: Non-binding
advisory endorsement of
short-term remuneration
policy                               93.96%             6.04%      74 576 559             87.10%             0.03%

Non-binding advisory vote
number 3: Non-binding
advisory endorsement of
guaranteed payment
remuneration policy                  98.97%             1.03%      74 576 559             87.10%             0.03%

Non-binding advisory vote
number 4: Non-binding
advisory endorsement of
remuneration implementation
report                               95.66%             4.34%      74 576 559             87.10%             0.03%
Special resolution number 1:
General authority to issue
shares, options and
convertible securities for cash      81.00%            19.00%      74 576 559             87.10%             0.03%

Special resolution number 2:
Approval of annual fees to be
paid to non-executive
directors                            99.98%             0.02%      74 576 559             87.10%             0.03%

Special resolution number 3:
General authority to
repurchase company shares            98.51%             1.49%      74 576 559             87.10%             0.03%

HCI wishes to thank shareholders for their participation in the AGM and for their support of all the resolutions that
were proposed.


Cape Town
1 September 2023

Sponsor: Investec Bank Limited

Date: 01-09-2023 03:29:00
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