MAS REAL ESTATE INC - Results of the annual shareholders meeting

Results of the annual shareholders’ meeting

MAS Real Estate Inc.
Registered in the British Virgin Islands
Registration number 1750199
Registered as an external company in the Republic of South Africa
Registration number 2010/000338/10
SEDOL (XLUX): B96VLJ5
SEDOL (ALTX): B96TSD2
JSE share code: MSP
ISIN: VGG5884M1041
(“MAS” or the “Company”)


RESULTS OF THE ANNUAL SHAREHOLDERS’ MEETING


The Company announces that, at the annual shareholders’ meeting held on Friday, 17 February 2017, all
of the resolutions tabled thereat were passed by the requisite majority of MAS shareholders.

Details of the results of voting at the annual shareholders’ meeting are as follows:

-     total number of MAS shares that could have been voted at the annual general meeting: 380,583,836;
      and
-     total number of MAS shares that were present/represented at the annual general meeting:
      328,542,536 being 86.3% of the total number of MAS shares that could have been voted at the
      annual general meeting.

Resolution 1: Adoption of the annual financial statements for the year ended 30 June 2016 and the
directors’ report and the auditors’ report

Shares voted*               For                            Against                     Abstentions^
327,314,550                 327,314,550, being 100.0%      -                           1,227,986, being 0.3%

Resolution 2: Re-election of Gideon Oosthuizen as a director who retires by rotation in accordance with the
articles of association of the Company

Shares voted*               For                            Against                     Abstentions^
327,314,550                 326,996,911, being 99.9%       317,639, being 0.1%         1,227,986, being 0.3%

Resolution 3: Re-election of Jonathan Knight as a director who retires by rotation in accordance with the
articles of association of the Company

Shares voted*               For                            Against                     Abstentions^
326,801,255                 324,327,974, being 99.2%       2,473,281, being 0.8%       1,741,281, being 0.5%

Resolution 4: Re-appointment of KPMG Audit LLC as auditors of the Company

Shares voted*               For                            Against                     Abstentions^
327,314,550                 327,314,550, being 100.0%      -                           1,227,986, being 0.3%

Resolution 5: Authorisation for the implementation of a share incentive scheme

Shares voted*               For                            Against                     Abstentions^
319,864,889                 297,900,913 being 93.1%        21,963,976, being 6.9%      8,677,647, being 2.3%

Resolution 6: Amendment to the Articles of Association of the Company

Shares voted*               For                            Against                     Abstentions^
327,159,945                 299,035,586, being 91.4%       28,124,359, being 8.6%      1,382,591, being 0.4%

Resolution 7: General authority to issue shares for cash pursuant to Article 3.12.1(e) of the Articles of
Association

Shares voted*               For                            Against                     Abstentions^
327,159,945                 288,097,919, being 88.1%       39,062,026, being 11.9%     1,382,591, being 0.4%

Resolution 8: General authority to issue shares for cash pursuant to Article 3.10.2.3 of the Articles of
Association

Shares voted*               For                            Against                     Abstentions^
327,159,945                 288,097,919, being 88.1%       39,062,026, being 11.9%     1,382,591, being 0.4%

Resolution 9: General authority to issue shares for cash pursuant to Article 3.10.2.4 of the Articles of
Association

Shares voted*               For                            Against                     Abstentions^
327,159,945                 288,872,487, being 88.3%       38,287,458, being 11.7%     1,382,591, being 0.4%

* shares excluding abstentions
^ in relation to total shares in issue

MAS is listed on the Euro MTF Market of the Luxembourg Stock Exchange and on the Main Board of the
Johannesburg Stock Exchange.


20 February 2017

For further information please contact:
Helen Cullen, Company Secretary, MAS Real Estate Inc.                        +44 1624 625000
Java Capital, South African corporate advisor and JSE Sponsor                +27 11 722 3050
Charl Brand, M Partners, Luxembourg                                          +352 263 868 602

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