SA CORPORATE REAL ESTATE LIMITED - Results of annual general meeting

Results of annual general meeting

SA Corporate Real Estate Limited
Incorporated in the Republic of South Africa
Share Code: SAC ISIN Code: ZAE000203238
(Registration number 2015/015578/06)
(Approved as a REIT by the JSE)
(“SA Corporate” or “the Company”)

RESULTS OF ANNUAL GENERAL MEETING
Shareholders are advised that the voting results for the annual general meeting (“AGM”) of SA Corporate held on
Monday, 31 May 2021 were as follows:

 Resolution                                      Number of     Percentage       For**    Against**   Abstained
                                               shares voted    of shares in                                ***
                                                                    issue*

 Ordinary resolution number 1:
 Re-election of Mr A van Heerden as an
 independent non-executive director of the
 Company                                        2 042 109 283       81.21%      99.70%        0.30%       0.01%
 Ordinary resolution number 2:
 Re-election of Mr GJ Heron as an
 independent non-executive director of the
 Company                                        2 042 109 283       81.21%     100.00%        0.00%       0.01%
 Ordinary resolution number 3:
 Re-election of Mr RJ Biesman-Simons as an
 independent non-executive director of the
 Company                                         2 042 125 783       81.21%      95.43%        4.57%       0.01%
 Ordinary resolution number 4:
 Election of Ms S Mafoyane as an
 independent non-executive director of the
 Company                                         2 042 125 783       81.21%     100.00%        0.00%       0.01%
 Ordinary resolution number 5.1:
 Election of Ms N Ford-Hoon(Fok) as a
 member of the Audit Committee                   2 042 125 783       81.21%     100.00%        0.00%       0.01%
 Ordinary resolution number 5.2:
 Election of Mr A van Heerden as a member
 of the Audit Committee                          2 042 109 283       81.21%      99.70%        0.30%       0.01%
 Ordinary resolution number 5.3:
 Election of Mr GJ Heron as a member of the
 Audit Committee                                  2 042 109 283       81.21%     100.00%        0.00%       0.01%
 Ordinary resolution number 5.4:
 Election of Ms S Mafoyane as a member of
 the Audit Committee                              2 042 125 783       81.21%      93.37%        6.63%       0.01%
 Ordinary resolution number 6:
 Re-appointment of PWC as independent
 external auditor                                 2 042 125 783       81.21%      99.99%        0.01%       0.01%
 Ordinary resolution number 7:
 Non-binding advisory vote - Endorsement of
 remuneration policy of the Company               2 042 125 783       81.21%      93.26%        6.74%       0.01%
 Ordinary resolution number 8:
 Non-binding advisory vote - Endorsement of
 the implementation of the remuneration
 policy of the Company                            2 041 297 783       81.17%      93.25%        6.75%       0.04%
 Ordinary resolution number 9:
 Placing the unissued authorised ordinary
 shares of the Company under the control of
 the directors                                    2 042 125 783       81.21%      84.94%      15.06%        0.01%
 Resolution                                          

 Ordinary resolution number 10:
 Specific authority to issue shares to afford
 shareholders distribution reinvestment
 alternatives                                     2 042 145 783          81.21%       97.12%      2.88%        0.01%
 Ordinary resolution number 11:
 General but restricted authority to issue
 shares for cash                                  2 042 125 783          81.21%       82.01%     17.99%        0.01%
 Ordinary resolution number 12:
 Authorisation of directors and/or company
 secretary                                        2 042 109 283          81.21%      100.00%      0.00%        0.01%
 Special resolution number 1:
 Authorisation to provide financial assistance
 in terms of sections 44 and 45 of the
 Companies Act                                    1 879 923 829          74.76%       83.30%     16.70%        6.49%
 Special resolution number 2:
 Approval of non-executive directors’ fees        2 041 281 283          81.17%       99.89%      0.11%        0.04%
 Special resolution number 3:
 Authority to issue shares to directors who
 elect to reinvest their distributions under
 the reinvestment option                          2 041 301 283          81.17%       99.89%      0.11%        0.04%
 Special resolution number 4:
 General authority to repurchase shares           2 042 145 783          81.21%       98.49%      1.51%        0.01%

*       Based on 2 514 732 095 shares in issue at the date of the AGM.
**      In relation to the total number of shares voted at the AGM.
***     In relation to the total number of shares in issue at the date of the AGM.

Based on the above voting results, all resolutions were passed by the requisite majority of SA Corporate shareholders
present in person or represented by proxy at the AGM.

Cape Town
31 May 2021

Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited

Date: 31-05-2021 03:57:00
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