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Results of annual general meeting
Mustek Limited
(Incorporated in the Republic of South Africa)
(Registration number 1987/070161/06)
Share code: MST & ISIN: ZAE000012373
(“Mustek” or “the Company”)
RESULTS OF ANNUAL GENERAL MEETING
The annual general meeting of Mustek shareholders was held today, 12 December 2014. All
the special and ordinary resolutions as set out in the notice of the annual general meeting to
shareholders, dated 4 November 2014, were approved by the requisite majority of
shareholders.
The special resolutions will be filed, and where required registered, with the Companies and
Intellectual Property Commission in due course.
The voting details with respect to the proposed resolutions were as follows:
Number of For Against Abstained
shares
Resolution Proposed voted* Shares % Shares % Shares %
To consider the presentation of 85 850 464 85 480 742 99,57% 369 722 0,43% - -
the annual financial statements
for the year ended 30 June 2014
Ordinary resolution number 1: 85 850 464 85 480 742 99,57% 369 722 0,43% - -
To re-elect Dr D Konar as
director
Ordinary resolution number 2: 85 850 464 85 480 742 99,57% 369 722 0,43% - -
To re-elect Dr ME Gama as
director
Ordinary resolution number 3: 85 850 464 85 480 742 99,57% 369 722 0,43% - -
To re-elect Mr DC Kan as
director
Ordinary resolution number 4: 85 850 464 85 480 742 99,57% 369 722 0,43% - -
Confirmation of auditors'
reappointment
Ordinary resolution number 5: 85 850 464 84 265 415 98,15% 1 585 049 1,85% - -
Confirmation of auditors'
remuneration
Ordinary resolution number 6: 84 635 137 84 265 415 99,56% 369 722 0,44% 1 215 327 1,14
Appointment of Mr RB Patmore %
to the Audit and Risk Committee
Ordinary resolution number 7: 85 850 464 85 480 742 99,57% 369 722 0,43% - -
Appointment of Ms T Dingaan to
the Audit and Risk Committee
Ordinary resolution number 8: 85 850 464 85 480 742 99,57% 369 722 0,43% - -
Appointment of Mr ME Gama to
the Audit and Risk Committee
Ordinary resolution number 9: 85 480 742 85 480 742 100,00 - - 369 722 0,35
Endorsement of remuneration % %
philosophy
Ordinary resolution number 10: 85 480 742 70 975 127 83,03% 14 505 615 16,97% 369 722 0,35
Placing of unissued shares under %
the directors' control
Ordinary resolution number 11: 85 850 464 84 265 415 98,15% 1 585 049 1,85% - -
Placing unissued shares under
the directors' control in terms of
the Mustek Executive Share
Trust
Ordinary resolution number 12: 85 480 742 70 975 127 83,03% 14 505 615 16,97% 369 722 0,35
General authority to issue %
shares for cash
84 635 137 84 265 415 99,56% 369 722 0,44% 1 215 327 1,14
Ordinary resolution number 13:
%
Authority to action
Special resolutions number 1: 85 850 464 71 472 667 83,25% 14 377 797 16,75% - -
Remuneration of non-executive
directors
Special resolutions number 2: 85 850 464 85 480 742 99,57% 369 722 0,43% - -
Financial assistance to related
and inter-related companies
85 850 464 82 301 596 95,87% 3 548 868 4,13% - -
Special resolutions number 3:
General authority to the
company and its subsidiaries to
repurchase shares
*Shares representing 80,47% of the votable shares of the Company were present in person
or by proxy.
Midrand
12 December 2014
Sponsor: Deloitte & Touche Sponsor Services Proprietary Limited
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