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Results of the 2014 annual general meeting and retirement of director
Woolworths Holdings Limited
(Incorporated in the Republic of South Africa)
Registration number 1929/001986/06
Share code: WHL
ISIN: ZAE000063863
(“Woolworths or “the Company”)
RESULTS OF THE 2014 ANNUAL GENERAL MEETING AND RETIREMENT OF DIRECTOR
RESULTS OF THE ANNUAL GENERAL MEETING
Shareholders are advised that all the resolutions tabled at the annual general meeting
(“meeting”) of Woolworths held on Wednesday, 26 November 2014 were passed without
modification, by the requisite majority votes, cast by way of poll in each case.
The total number of issued shares in the capital of Woolworths is 1 014 808 547 and the total
votable shares represented in person or by proxy at the meeting was 935 685 617. The total
number of issued shares represented at the meeting in person or by proxy was 736 426 483,
being 78.70% of the votable shares.
Voting at the meeting was done using electronic devices. The votes carried for, against and
abstained for each resolution are disclosed below as a number and a percentage to the total
number of shares voted at the meeting.
VOTES VOTES VOTES VOTES
FOR AGAINST ABSTAINED TOTAL
Ordinary Resolution 1: 734,594,682 92,634 1,739,064 736,426,380
Adoption of the Annual financial (99.75%) (0.01%) (0.24%)
statements
Ordinary Resolution 2: 731,535,396 3,540,912 1,350,172 736,426,480
Re-appointment of auditors (99.34%) (0.48%) (0.18%)
Ordinary Resolution 3:
Re-election of directors
3.1: Re-election of Zarina Bassa 721,250,745 11,753,264 3,412,053 736,416,062
97.94%) (1.60%) (0.46%)
3.2: Re-election of Stuart Rose 715,825,708 19,224,977 1,350,163 736,400,848
(97.21%) (2.61%) (0.18%)
3.3: Re-election of Simon Susman 725,250,265 9,525,499 1,650,707 736,426,471
(98.48%) (1.29%) (0.22%)
Ordinary Resolution 4:
Election of directors
4.1: Election of Hubert Brody 734,644,490 430,861 1,351,118 736,426,469
(99.76%) (0.06%) (0.18%)
4.2: Election of Nombulelo Moholi 734,817,812 258,494 1,350,164 736,426,470
(99.78%) (0.04%) (0.18%)
4.3: Election of Sam Ngumeni 729,959,207 5,116,765 1,350,496 736,426,468
(99.12%) (0.69%) (0.18%)
Ordinary Resolution 5:
Election of Audit committee members
5.1: Election of Peter Bacon 730,222,544 4,853,762 1,350,163 736,426,469
(99.16%) (0.66%) (0.18%)
5.2: Election of Zarina Bassa 728,163,988 4,850,764 3,411,718 736,426,470
(98.88%) (0.66%) (0.46%)
5.3: Election of Hubert Brody 734,204,513 85,356 1,360,439 735,650,308
(99.80%) (0.01%) (0.18%)
5.4: Election of Andrew Higginson 730,222,208 4,837,485 1,366,775 736,426,468
(99.16%) (0.66%) (0.19%)
5.5: Election of Mike Leeming 728,170,932 6,899,039 1,356,498 736,426,469
(98.88%) (0.94%) (0.18%)
Ordinary Resolution 6: Non-binding 678,830,942 50,005,042 7,580,205 736,416,189
resolution – Approval of the (92.18%) (6.79%) (1.03%)
Remuneration policy
Special Resolution 1: 731,221,008 3,844,694 1,360,775 736,426,477
Remuneration for the Non-executive (99.29%) (0.52%) (0.18%)
directors
Special Resolution 2: 734,985,963 80,066 1,350,163 736,416,192
Decrease in the number of authorised (99.81%) (0.01%) (0.18%)
but unissued ordinary shares
Special Resolution 3: 734,989,670 76,358 1,350,163 736,416,191
Amendment of the Company’s MOI (99.81%) (0.01%) (0.18%)
Special Resolution 4: 730,069,066 79,355 1,423,990 731,572,411
General authority to repurchase (99.79%) (0.01%) (0.19%)
shares
Special Resolution 5: 707,391,933 23,266,857 1,615,322 732,274,112
Financial assistance to related or (96.60%) (3.18%) (0.22%)
inter-related companies or
corporations
Special Resolution 6: 682,070,815 47,137,859 1,356,162 730,564,836
Issue of shares or options and grant (93.36%) (6.45%) (0.19%)
of financial assistance in terms of the
Company’s share-based incentive
schemes
Special resolution 3 regarding the changes to the company’s Memorandum of Incorporation will
be filed with the Companies and Intellectual Property Commission.
RETIREMENT OF DIRECTOR
The board would like to confirm the following:
Chris Nissen, the independent non-executive director and Chairman of the Social and ethics
committee retired from the board of the Company at the conclusion of the meeting, with effect
from 26 November 2014.
Thina Siwendu, an independent non-executive director will assume the role of Chairman of the
Social and ethics committee with effect from 26 November 2014.
The board wishes to express its deep thanks to Chris Nissen for the significant contributions he
made to the board and the company over the last ten years and wish him well.
Cape Town
28 November 2014
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
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