ADAPT IT HOLDINGS LIMITED - Results Of Annual General Meeting

Results Of Annual General Meeting

ADAPT IT HOLDINGS LIMITED
Incorporated in the Republic of South Africa
(Registration number 1998/017276/06)
Share code: ADI ISIN: ZAE000113163
(“Adapt IT”)


RESULTS OF ANNUAL GENERAL MEETING


Shareholders are advised that, at the annual general meeting of Adapt IT held today, 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 60 378 019 representing 52.15% of the total
issued share capital of the same class of Adapt IT 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 votes      % of votes
                                                            % of shares    carried for the     against the
Resolution                                                    abstained         resolution      resolution

Special resolution number 1: Non-executive
directors’ fees                                                     0.3               99.7               0
Special resolution number 2: General approval to
acquire own shares                                                  0.3               98.6             1.1
Special resolution number 3: Loans or other financial
assistance to directors and related companies                       0.3               79.4            20.3
Ordinary resolution number 1: Approval of annual
financial statements                                                0.3               99.7               0
Ordinary resolution number 2: Re-election of
Ms B Ntuli as a director                                            0.3               99.7               0
Ordinary resolution number 3: Re-election of
Mr O Fortuin as a director                                          0.3               99.7               0
Ordinary resolution number 4: Appointment of
Ms B Ntuli to the Audit and Risk Committee                          0.3               99.7               0
Ordinary resolution number 5: Appointment of
Mr O Fortuin to the Audit and Risk Committee                        0.3               99.7               0
Ordinary resolution number 6: Appointment of
Ms T Dingaan to the Audit and Risk Committee                        0.3               99.7               0
Ordinary resolution number 7: Appointment of the
Independent Registered Auditor                                      0.3               99.7               0
Ordinary resolution number 8: Endorsement of the
remuneration policy                                                 0.2               95.5             4.3
Ordinary resolution number 9: Control of authorised
but unissued ordinary shares                                        0.2               95.5             4.3
Ordinary resolution number 10: Approval to issue                    0.2               95.5             4.3
ordinary shares, and to sell treasury shares, for cash
Ordinary resolution number 11: Signature of
documents                                                           0.2               99.8               0


Johannesburg
7 November 2014

Sponsor
Merchantec Capital

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