MPACT LIMITED - Report on proceedings at the annual general meeting

Report on proceedings at the annual general meeting

Mpact Limited
(Incorporated in the Republic of South Africa)
(Registration number 2004/025229/06)
JSE share code: MPT ISIN: ZAE000156501
("Mpact" or "the Company")

REPORT ON PROCEEDINGS AT THE ANNUAL GENERAL MEETING

At the 2015 annual general meeting ("AGM") of the shareholders of Mpact held today, 4 June 2015 all the
ordinary and special resolutions proposed at the meeting were approved by the requisite majority of
votes. In this regard, Mpact confirms the voting statistics from the AGM as follows:


                           Votes carried disclosed                                  
                           as a percentage in                       Shares voted     Shares abstained
                           relation to the total                    disclosed as     disclosed as                               
                           number of shares voted     Number of     a percentage     a percentage
                           at the meeting             shares voted  in relation      in relation                         
                                                                    to the total     to the total                                              
                                                                    issued share     issued share
                                                                    capital*         capital*
                                                                      
                                                                                     
                                                                      
                                                                                     
                             For         Against                     
                                                                                    
Ordinary Resolution Number
1 - Acceptance of annual     100%        0.00%        119 709 888    73.10%          0.21%
financial statements
Ordinary Resolution Number
2 – Re-election and          96.47%      3.53%        119 958 225    73.10%          0.00%
appointment of director –
Mr AJ Phillips
Ordinary Resolution Number
3 – Re-election and          99.86%      0.14%        119 958 225    73.10%          0.00%
appointment of director –
Ms NP Dongwana
Ordinary Resolution Number
4 – Appointment of           100%        0.00%        119 958 225    73.10%          0.00%
Auditors
Ordinary Resolution Number
5 - Election of              100%        0.00%        119 958 225    73.10%          0.00%
independent Audit and Risk
Committee – Mr TDA Ross
Ordinary Resolution Number
6 – Election of              100%        0.00%        119 958 225    73.10%          0.00%
independent Audit and Risk
Committee – Ms NP Dongwana
Ordinary Resolution Number
7 - Election of              99.72%      0.28%        119 958 225    73.10%          0.00%
independent Audit and Risk
Committee – Mr AM Thompson
Ordinary Resolution Number
8 – Approval of Mpact’s      96.34%      3.66%        119 958 225    73.10%          0.00%
Remuneration Policy
Special resolution number
1 – General authority to
repurchase shares in terms   99.72%      0.28%        119 958 225    73.10%          0.00%
of JSE Listings
Requirements
Special resolution number
2 – Approval of non-         100%        0.00%        119 958 225    73.10%          0.00%
executive directors fees
Special Resolution Number
3 – Authority to provide
financial assistance in      99.42%      0.58%        119 958 225    73.10%          0.00%
terms of Section 44 and 45
of Companies Act

*Total issued share capital is 165 331 235 shares.


The special resolutions will, where necessary, be lodged for registration with the Companies and
Intellectual Property Commission in due course.

Sandton
4 June 2015

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

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