TEXTON PROPERTY FUND LIMITED - Results of Annual General Meeting

Results of Annual General Meeting

TEXTON PROPERTY FUND LIMITED
Granted REIT status by the JSE
Incorporated in the Republic of South Africa
(Registration number 2005/019302/06)
Share code: TEX   ISIN: ZAE000190542
(“Texton” or “the Company”)


RESULTS OF ANNUAL GENERAL MEETING


Shareholders are advised that, at the Annual General Meeting of Texton held on 30 November 2020, all the
resolutions as set out in the notice of Annual General Meeting were passed by the requisite majority of
shareholders.

The number of shares voted in person or by proxy was 250 998 378, representing 66,49% of the total issued
share capital of Texton shares.

The resolutions proposed at the meeting, together with the percentage of shares abstained, as well as the
percentage of votes carried for and against each resolution, are set out below:

                                                                   % of         % of          % of
                                                                  votes        votes          shares
Resolution                                                  carried for        against        abstained
                                                                    the        the            
                                                             resolution        resolution
                                                                               
Ordinary resolution 1: Re-election of Mr MAJ Golding
as a Non-executive Director                                     99.43%            0.57%          0.25%

Ordinary resolution 2: Re-election of Mr JR Macey as
an Independent Non-executive Director                           99.99%            0.01%          0.25%

Ordinary resolution 3: Confirmation of appointment of Mr
RA Franco as a Non-executive Director                           99.43%            0.57%          0.25%

Ordinary resolution 4: Confirmation of appointment of
Mr WC vd Vent as a Non-executive Director                       99.99%            0.01%          0.25%

Ordinary resolution 5: Re-election of Mr Mr JR Macey
as a member of the Audit and Risk Committee                     99.99%            0.01%          0.25%
Ordinary resolution 6: Re-election of Ms S Thomas as a
member of the Audit and Risk Committee                          99.99%            0.01%          0.25%
Ordinary resolution 7: Re-election of Mr AJ Hannington
as a member of the Audit and Risk Committee                     99.99%            0.01%          0.25%

Ordinary resolution 8: Reappointment of auditor
                                                                99.99%            0.01%          0.25%
Ordinary resolution 9: General authority to issue
shares for cash                                                  95,20%           4.80%          0.25%

Ordinary resolution 10: Approval of the Texton
Conditional Share Plan                                          98.63%            1.37%          0.26%

Ordinary resolution 11.1: Non-binding advisory vote –
Approval of remuneration policy                                 98.46%            1.54%          0.26%

Ordinary resolution 11.2: Non-binding advisory vote –
Approval of remuneration implementation report                  99.33%            0.67%          0.26%

Special resolution 1: Non-executive Directors’
remuneration for the 2021 and 2022 financial                    99.33%            0.67%          0.26%
years

Special resolution 2: Authority to repurchase ordinary
securities                                                       99.89%           0.11%         0.25%

Special resolution 3: Authority for specific
repurchase of treasury shares                                    99.32%           0.68%         0.25%

Special resolution 4: Financial assistance to related
and inter-related parties                                        90.54%           9.46%         0.25%

Special resolution 5: Financial assistance to related
and inter-related parties                                        99.38%           0.62%         0.25%

Special resolution 6: Amendments to the Company’s
memorandum of incorporation                                      99.32%           0.68%         0.37%

Ordinary resolution 12: Implementation of resolutions
                                                                 99.91%           0.09%         0.41%


30 November 2020

Sponsor
Investec Bank Limited

Date: 30-11-2020 03:56:00
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