NET 1 UEPS TECHNOLOGIES INC - Results of Net1 October 31, 2012 Annual General Meeting

Results of Net1 October 31, 2012 Annual General Meeting

Net 1 UEPS Technologies, Inc.
Registered in the state of Florida, USA
(IRS Employer Identification No. 98-0171860)
Nasdaq share code: UEPS
JSE share code: NT1
ISIN: US64107N2062
(“Net1” or “the Company”)

Results of Net1 October 31, 2012 Annual General Meeting

The annual meeting of shareholders of Net1 was held on October 31, 2012.

Proposal No. 1—Election of Directors

All director nominees were elected and the votes cast were as follows:


                                                              Votes        Broker non-
Director                                   Votes for         withheld         votes
Dr. Serge C.P. Belamant                     31,603,675          529,954      4,876,883
Paul Edwards                                21,774,514       10,359,115      4,876,883
Herman G. Kotzé                             30,871,625        1,262,004      4,876,883
Brian K. Mosehla                            31,936,310          197,319      4,876,883
Alasdair J.K. Pein                          31,371,435          762,194      4,876,883
Christopher S. Seabrooke                    25,214,439        6,919,190      4,876,883

Proposal No. 2—Ratification of Selection of Independent Registered Public Accounting Firm

The ratification of the selection of Deloitte & Touche (South Africa) as the Company’s
independent registered public accounting firm for the fiscal year ending June 30, 2013, was
approved and the votes cast were as follows:

         Votes cast
      For           Against       Abstain
     36,731,983      274,105          4,424

Proposal No. 3—A Non-Binding Advisory Vote Regarding Executive Compensation

The compensation of the Company’s named executive officers was approved, on an advisory
basis, and the votes cast were as follows:

         Votes cast
                                                Broker non-
      For             Against     Abstain          votes
     23,294,087       8,809,715     29,827         4,876,883


Johannesburg
1 November 2012

Sponsor:
Deutsche Securities (SA) (Proprietary) Limited

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