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Report on Annual General Meeting Proceedings
Blue Label Telecoms Limited
(Incorporated in the Republic of South Africa)
(Registration number 2006/022679/06)
JSE Share code: BLU
ISIN: ZAE000109088
(“Blue Label” or “the Company”)
REPORT ON ANNUAL GENERAL MEETING PROCEEDINGS
Blue Label shareholders are advised that at the Annual General Meeting (“AGM”) of members held on Friday, 27
November 2015, all the ordinary and special resolutions as proposed in the Notice of the AGM were approved by the
requisite majority of members. In this regard, Blue Label confirms the voting results at the AGM as follows:
% Number
Total number of shares that could be voted at meeting 674,509,042
Total number of shares present/represented including proxies at meeting 72 488,604,046
Total number of members present 20
Votes in % Votes % Abstentions % of issued
Favour Against share capital
Ordinary Resolution Number 1 488,600,328 100 - - 3,718 0.001
Election of Independent Non-Executive
Director
1.1 Y Mahomed
Ordinary Resolution Number 2 487,711,506 99.82 888,822 0.18 3,718 0.001
Re-election of Independent
Non-Executive Director
2.1 GD Harlow
Ordinary Resolution Number 3 488,600,328 100 - - 3,718 0.001
Re-election of Independent
Non-Executive Director
3.1 SJ Vilakazi
Ordinary Resolution Number 4 481,093,377 98.46 7,506,951 1.54 3,718 0.001
Election of Non-Executive Director
4.1 KM Ellerine
Ordinary Resolution Number 5 488,600,328 100 - - 3,718 0.001
Re-appointment of external Auditors
Ordinary Resolution Number 6 488,600,328 100 - - 3,718 0.001
Appointment of Member and Chairman
of the Audit, Risk and Compliance
Committee
6.1 JS Mthimunye
Ordinary Resolution Number 7 488,600,328 100 - - 3,718 0.001
Appointment of Member of the Audit,
Risk and Compliance Committee
7.1 GD Harlow
Ordinary Resolution Number 8 488,600,328 100 - - 3,718 0.001
Appointment of Member of the Audit,
Risk and Compliance Committee
8.1 SJ Vilakazi
Ordinary Resolution Number 9 487,939,470 99.86 660,858 0.13 3,718 0.001
Directors authority to implement
ordinary and special resolutions
Non binding advisory vote 413,814,938 84.69 74,785,390 15.31 3,718 0.001
Endorsement of Blue Label’s
Remuneration Policy
Special Resolution Number 1 488,600,328 100 - - 3,718 0.001
Remuneration of Non-executive
Directors
Special Resolution Number 2 487,471,174 99.77 1,129,154 0.23 3,718 0.001
General Authority to Repurchase Shares
Sandton
27 November 2015
Sponsor
Investec Bank Limited
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