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Results of Annual General Meeting
Standard Bank Group Limited
(Incorporated in the Republic of South Africa)
(Registration number 1969/017128/06)
JSE share code: SBK
NSX share code: SNB
ISIN: ZAE000109815
(“Standard Bank Group”)
RESULTS OF ANNUAL GENERAL MEETING
Shareholders are advised that the voting results for the Annual General
Meeting (“AGM”) of the Standard Bank Group held at 09h00 on Thursday,
26 May 2016 were as follows:
Resolution Number of % of For* Against* Abstained
shares voted shares in **
Number % %
issue
%
%
1 Ordinary 1,340,759,645 82.80 100.00 0.00 0.22
Resolution:
Adopt audited
annual
financial
statements
2.1 Ordinary 1,340,759,645 82.80 99.83 0.17 0.09
Resolution:Ele
ction of Dr
Arno Daehnke
as a director
2.2 Ordinary 1,340,759,645 82.80 100.00 0.00 0.09
Resolution:
Re-election of
Dr Martin
Oduor-Otieno
as a director
2.3 Ordinary 1,340,759,645 82.80 98.08 1.92 0.09
Resolution:
Re-election of
Myles Ruck as
a director
2.4 Ordinary 1,340,759,645 82.80 99.75 0.25 0.09
Resolution:
Re-election of
Peter Sullivan
as a director
2.5 Ordinary 1,340,759,645 82.80 99.86 0.14 0.09
Resolution:
Re-election of
Wenbin Wang as
a director
2.6 Ordinary 1,340,759,645 82.80 99.82 0.18 0.69
Resolution:
Re-election of
Ted Woods as a
director
3.1 Ordinary 1,340,759,645 82.80 99.46 0.54 0.10
Resolution:
Re-
appointmennt
of KPMG Inc.
as auditors
3.2 Ordinary 1,340,759,645 82.80 99.74 0.26 0.32
Resolution:
Re-
appointmennt
of
Pricewaterhous
eCoopers Inc
as auditors
4 Ordinary 1,340,759,645 82.80 92.33 7.67 0.09
Resolution:
Place unissued
ordinary
shares under
control of
directors
5 Ordinary 1,340,759,645 82.80 93.16 6.84 0.09
Resolution:
Place unissued
preference
shares under
control of
directors
6 Non-binding 1,340,759,645 82.84 84.48 15.52 0.11
advisory vote
on
remuneration
policy
7 Special
Resolution:
Approve non-
executive
directors’
fees
7.1 Chairman 1,340,759,645 82.80 89.79 10.21 0.09
7.2 Director 1,340,759,645 82.80 99.99 0.01 0.09
7.3 International 1,340,759,645 82.80 98.30 1.70 0.09
Director
7.4 Group
Directors’
Affairs
Committee
7.4.1 Chairman 1,340,759,645 82.80 98.09 1.91 0.09
7.4.2 Director 1,340,759,645 82.80 100.00 0.00 0.09
7.5 Group Risk and
Capital
Management
Committee
7.5.1 Chairman 1,340,759,645 82.80 99.95 0.05 0.09
7.5.2 Member 1,340,759,645 82.80 99.97 0.03 0.09
7.6 Group
Remuneration
Committee
7.6.1 Chairman 1,340,759,645 82.80 99.22 0.78 0.09
7.6.2 Member 1,340,759,645 82.80 100.00 0.00 0.09
7.7 Group Social
and Ethics
Committee
7.7.1 Chairman 1,340,759,645 82.80 96.43 3.57 0.09
7.7.2 Member 1,340,759,645 82.80 99.97 0.03 0.09
7.8 Group Audit
Committee
7.8.1 Chairman 1,340,759,645 82.80 99.98 0.02 0.09
7.8.2 Member 1,340,759,645 82.80 100.00 0.00 0.09
7.9 Group IT
Committee
7.9.1 Chairman 1,340,759,645 82.80 98.09 1.91 0.09
7.9.2 Member 1,340,759,645 82.80 100.00 0.00 0.09
7.10 Ad hoc meeting 1,340,759,645 82.80 99.96 0.04 0.09
attendance
8 Special 1,340,759,645 82.80 99.75 0.25 0.09
resolution
General
authority to
acquire the
company’s
ordinary
shares
9 Special # # 99.99 0.01 #
resolution
General
authority to
acquire the
company’s non-
redeemable
preference
shares
10 Special 1,340,759,645 82.80 97.66 2.34 0.09
resolution
Loans or other
financial
assistance to
related or
inter-related
companies
*In relation to the total number of shares voted at the AGM.
**Based on 1 619 230 439 shares in issue at the date of the AGM.
# The holders of the non-redeemable, non-cumulative, non-participating
preference shares (2nd preference shares) were entitled to vote on this
resolution and were entitled to that portion of the total votes in the
company which the aggregate amount of the nominal value of the shares
held by such shareholders bears to the aggregate amount of the nominal
value of the value of the ordinary and 2nd preference shares issued by
the company.
Based on the above results, all resolutions were passed by the requisite
majority of ordinary and preference shareholders present in person or
represented by proxy at the AGM.
Johannesburg
27 May 2016
Lead sponsor
The Standard Bank of South Africa Limited
Independent Sponsor
Deutsche Securities (SA) Proprietary Limited
Namibian sponsor
Simonis Storm Securities (Proprietary) Limited
Date: 27/05/2016 12:15:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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