Wrap Text
Results of Net1 November 19, 2013 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 November 19, 2013 Annual General Meeting
The annual meeting of shareholders of Net1 was held on November 19, 2013.
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 27,960,341 3,149,494 7,123,958
Paul Edwards 30,291,177 818,658 7,123,958
Herman G. Kotzé 27,455,537 3,654,298 7,123,958
Alasdair J.K. Pein 30,294,777 815,058 7,123,958
Christopher S. Seabrooke 27,405,909 3,703,926 7,123,958
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, 2014, was
approved and the votes cast were as follows:
Votes cast
For Against Abstain
38,015,685 102,533 115,575
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
23,022,685 114,818 7,972,332 7,123,958
About Net1 (www.net1.com)
Net1 is a leading provider of alternative payment systems that leverage its Universal
Electronic Payment System, or UEPS, to facilitate biometrically secure, real-time electronic
transaction processing to unbanked and under-banked populations of developing economies
around the world in an online or offline environment. Net1’s UEPS/EMV solution is also
completely interoperable with global EMV standards that seamlessly permit access to all the
UEPS functionality in a traditional EMV environment. In addition to payments, UEPS can be
used for banking, healthcare management, payroll, remittances, voting and identification.
Net1 operates market-leading payment processors in South Africa, Republic of Korea, and
Ghana. In addition, Net1’s proprietary Mobile Virtual Card technology offers secure mobile
payments and banking services in developed and emerging countries while its MediKredit and
XeoHealth subsidiaries provide its proprietary 5010 and ICD-10 compliant real-time claims
adjudication system.
Net1 has a primary listing on the Nasdaq and a secondary listing on the JSE Limited.
Investor Relations Contact:
Dhruv Chopra
Managing Director
Phone: +1 917-767-6722
Email: dchopra@net1.com
Johannesburg
November 20, 2013
Sponsor:
Deutsche Securities (SA) Proprietary Limited
Date: 20/11/2013 08:30:00 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.