MPACT LIMITED - Report on proceedings at the annual general meeting

Report on proceedings at the annual general meeting

Mpact Limited
(Incorporated in the Republic of South Africa)
(Registration number 2004/025229/06)
JSE share code: MPT ISIN: ZAE000156501
(“Mpact” or “the Company”)

REPORT ON PROCEEDINGS AT THE ANNUAL GENERAL MEETING

At the 2017 annual general meeting (“AGM”) of the shareholders of Mpact held today, 1 June 2017 all the
ordinary and special resolutions proposed at the meeting were approved by the requisite majority of
votes. In this regard, Mpact confirms the voting statistics from the AGM as follows:


                                 Votes carried disclosed                                             Shares
                                      as a percentage in                       Shares voted       abstained
                                   relation to the total                       disclosed as    disclosed as                                                     
                               number of shares voted at         Number of     a percentage    a percentage
                                             the meeting      shares voted      in relation     in relation
                                                                               to the total    to the total
                                                                               issued share    issued share            
                                                                                   capital*         capital
                                       For       Against                   
                                                                                           
Ordinary Resolution Number 1 -
Acceptance of annual financial     100.00%         0.00%      147 559 973           86.35%            0.17%
statements


Ordinary Resolution Number 2 –      98.88%         0.12%      147 559 973           86.35%            0.78%
Election and appointment of
director – Ms M Makanjee


Ordinary Resolution Number 3 –      96.53%         3.47%      147 559 973           86.35%            0.78%
Re-election and appointment of
director – Mr AM Thompson


Ordinary Resolution Number 4 –     100.00%         0.00%      147 559 973           86.35%            0.17%
Appointment of Auditors


Ordinary Resolution Number 5 -      99.88%         0.12%      147 559 973           86.35%            0.78%
Election of independent Audit and
Risk Committee – Mr TDA Ross


Ordinary Resolution Number 6 –      99.88%         0.12%      147 559 973           86.35%            0.78%
Election of independent Audit and
Risk Committee – Ms NP Dongwana


Ordinary Resolution Number 7 -      83.71%        16.29%      147 559 973           86.35%            1.44%
Election of independent Audit and
Risk Committee – Mr AM Thompson


Ordinary Resolution Number 8 –      94.85%         5.15%      147 559 973           86.35%            0.79%
Approval of Mpact’s Remuneration
Policy


Special resolution number 1 –       100.00%        0.00%      147 559 973           86.35%            0.17%
General authority to repurchase
shares in terms of JSE Listings
Requirements


Special resolution number 2 –        99.87%         0.13%     147 559 973           86.35%            0.78%
Approval of non-executive
directors fees
                                     99.88%         0.12%     147 559 973           86.35%            0.78%
Special Resolution Number 3 –
Authority to provide financial
assistance in terms of Section 44
and 45 of Companies Act


*Total issued share capital is 170 882 251


The special resolution/s will, where necessary, be lodged for registration with the Companies and
Intellectual Property Commission in due course.

Sandton
1 June 2017

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

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