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” or “the Group”)


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 54 410 454, representing 41% 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 1: Approval of non-executive
directors’ fees                                                      0.21                 100              -

Special resolution 2: General approval to acquire
own shares                                                           0.16               86.64          13.36

Special resolution 3: Loans or other financial
assistance to directors and related companies                        0.55               90.24           9.76

Ordinary resolution 1: To receive, consider and
adopt the annual financial statements of the company
and Group for the financial year ended 30 June 2015                  0.19                 100              -

Ordinary resolution 2: Re-election of director – Mr C
Chambers                                                             0.16                 100              -

Ordinary resolution 3: Re-election of director – Ms B
Ntuli                                                                0.16                 100              -

Ordinary resolution 4: Appointment of director – Ms
C Koffman                                                            0.16                 100              -

Ordinary resolution 5: Re-appointment of Ms B Ntuli
to the Audit and Risk Committee                                      0.16                 100              -

Ordinary resolution 6: Re-appointment of Mr O
Fortuin to the Audit and Risk Committee                              0.16                 100              -

Ordinary resolution 7: Appointment of Ms C Koffman
to the Audit and Risk Committee                                      0.16                 100              -

Ordinary resolution 8: Re-appointment of the
Independent Registered Auditor                                       0.16               97.98           2.02

Ordinary resolution 9: Endorsement of the
remuneration policy                                                  0.18               86.09          13.91

Ordinary resolution 10: Control of authorised but
unissued ordinary shares                                             2.49               75.12          24.88

Ordinary resolution 11: Approval to issue ordinary
shares, and to sell treasury shares, for cash                        2.50               75.12          24.88

Ordinary resolution 12: Signature of documents                       0.19                 100              -




Johannesburg
6 November 2015

Sponsor
Merchantec Capital

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