GLOBAL ASSET MANAGEMENT LIMITED - Results of Annual General Meeting ("AGM")

Results of Annual General Meeting ("AGM")

GLOBAL ASSET MANAGEMENT LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2002/003192/06)
Share Code: GAM  ISIN: ZAE000173498
("Global" or “the company”)


RESULTS OF ANNUAL GENERAL MEETING (“AGM”)


Shareholders are advised that the AGM of Global was held on 13 July 2016 and all the resolutions
proposed at the AGM were passed by the requisite majority. The following information is provided.

Number of ordinary shares represented at the meeting                                42 340 302
Total issued number of ordinary shares                                              54 157 575
Percentage of ordinary shares represented at the meeting                                78.18%

The resolutions proposed at the annual general meeting, together with the percentage of votes
carried for and against each resolution, are set out below:

                                                              For      Against:     Abstain
 Resolution proposed                                            %          %           %
 Ordinary resolution number 1:                             42 340 302      -            -
 Adoption of annual financial statements                     100%         0%           0%
 Ordinary resolution number 2:                             42 340 302      -            -
 Director retirement and re-election – GT Magomola           100%         0%           0%
 Ordinary resolution number 3:
 Auditors’ re-appointment and remuneration – Horwath       42 340 302      -            -
 Leveton Boner                                               100%         0%           0%
 Ordinary resolution number 4:
 Appointment of Audit & Risk Committee member –            42 340 302      -            -
 GK Cunliffe                                                 100%         0%           0%
 Ordinary resolution number 5:
 Appointment of Audit & Risk Committee member –            42 340 302      -            -
 GT Magomola                                                 100%         0%           0%
 Ordinary resolution number 6:
 Appointment of Audit & Risk Committee member –            42 340 302      -            -
 AJ Naidoo                                                   100%         0%           0%
 Ordinary resolution number 7:                             42 340 302      -            -
 Approval of Remuneration policy                             100%         0%           0%
 Special resolution number 1:                              42 340 302      -            -
 General authority to allot and issue shares for cash        100%         0%           0%
 Special resolution number 2:                              42 340 302      -            -
 Non-Executive Directors’ remuneration                       100%         0%           0%
 Special resolution number 3:
 General authority to enter into funding agreements,       42 340 302      -            -
 provide loans or other financial assistance                 100%         0%           0%
 Special resolution number 4:                              42 340 302      -            -
 General authority to acquire (repurchase) shares            100%         0%           0%

By order of the board.

Johannesburg
13 July 2016

Designated Advisor
Arbor Capital Sponsors Proprietary Limited

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