SOUTH OCEAN HOLDINGS LIMITED - Results of the Annual General Meeting and Changes to the Board and Audit and Risk Management Committee

Results of the Annual General Meeting and Changes to the Board and Audit and Risk Management Committee

SOUTH OCEAN HOLDINGS LIMITED
(Registration number 2007/002381/06)
Incorporated in the Republic of South Africa
("South Ocean Holdings")
Share code: SOH      ISIN: ZAE000092748


RESULTS OF THE ANNUAL GENERAL MEETING AND CHANGES TO THE BOARD AND AUDIT AND RISK
MANAGEMENT COMMITTEE


Results of Annual General Meeting

Shareholders are advised that the Annual General Meeting ("AGM") of shareholders was held on
Wednesday, 31 July 2024 and the details of the results of voting at the AGM are as follows:

-    Total number of South Ocean Holdings shares in issue at the date of the AGM: 203 276 794.
-    Total number of South Ocean Holdings shares that were present/represented at the AGM:
     180 266 887, being 88.68% of the total number of ordinary shares that could have voted at the AGM.

                                                                                   Abstain
                                                                                     (% of
                                                                                    issued    Total Votes
                                                             For       Against       share     (excluding
Resolution proposed                                                               capital)   abstentions)

Ordinary resolution number 1 –                       179 349 593       917 294         Nil
Approval of annual financial statements                   99.49%         0.51%      0.00%     180 266 887

Ordinary resolution number 2 –
Appointment of the auditors and designated           179 349 593       917 294         Nil
auditor                                                   99.49%         0.51%      0.00%     180 266 887

Ordinary resolution number 3 –                        13 689 271   166 577 616         Nil
Re-election of Ms M Chong as a director                    7.59%        92.41%      0.00%     180 266 887

Ordinary resolution number 4 –                       169 838 299    10 428 588         Nil
Re-election of Mr J Van Rensburg as a director            94.21%         5.79%      0.00%     180 266 887

Ordinary resolution number 5 –
Re-appointment of Audit and Risk Management          169 838 299    10 428 588         Nil
Committee member – Ms N Lalla                             94.21%         5.79%      0.00%     180 266 887

Ordinary resolution number 6 –
Re-appointment of Audit and Risk Management           13 689 271   166 577 616         Nil
Committee member – Ms M Chong                              7.59%        92.41%      0.00%     180 266 887

Ordinary resolution number 7 –
Re-appointment of Audit and Risk Management          169 838 299    10 428 588         Nil
Committee member – Mr K H Pon                             94.21%         5.79%      0.00%     180 266 887

Ordinary resolution number 8.1 –                     169 833 299    10 433 588         Nil
Approval of Remuneration Report                           94.21%         5.79%      0.00%     180 266 887

Ordinary resolution number 8.2 –                     179 344 593       922 294         Nil
Approval of Implementation Report                         99.49%         0.51%      0.00%     180 266 887

Special Resolution number 1 –
Approval of Non-executive Directors' fees for
financial year ending 31 December 2024 and           179 344 593       922 294         Nil
quarters ending 31 March 2025 and 30 June 2025            99.49%         0.51%      0.00%     180 266 887

Special Resolution number 2 –
Approval of loans or other financial assistance to   179 349 593       917 294         Nil
related or inter-related companies                        99.49%         0.51%      0.00%     180 266 887

Ordinary Resolution number 10 –
Directors' and Company Secretary's authority to      179 349 593       917 294         Nil
implement ordinary and special resolutions                99.49%         0.51%      0.00%     180 266 887

Changes to the Board and Audit and Risk Management Committee

Shareholders, at the AGM, did not re-elect Ms. M Chong as a director and member of the Audit and Risk
Management Committee. Mr J.H. Yeh, an Independent Non-Executive director, has been appointed as a
member of the Audit and Risk Management Committee to replace Ms. M Chong.


By order of the Board

Johannesburg
31 July 2024

Sponsor
AcaciaCap Advisors Proprietary Limited

Date: 31-07-2024 05:08:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.