SOVEREIGN FOOD INVESTMENTS LIMITED - Results of annual general meeting

Results of annual general meeting

Sovereign Food Investments Limited
(Incorporated in the Republic of South Africa)
(Registration number 1995/003990/06)
Share code: SOV
ISIN: ZAE000009221
(“Sovereign” or the “Company”)

RESULTS OF ANNUAL GENERAL MEETING

Sovereign shareholders (“Shareholders”) are advised that at the eighteenth annual general meeting
(“AGM”) of Shareholders held on Tuesday, 22 August 2017, all the ordinary and special resolutions, as
set out in the notice of AGM and tabled for voting, save for special resolution number 1, were approved
by the requisite majority of Shareholders present or represented by proxy.

All resolutions proposed at the AGM, together with the percentage of shares abstained, as well as the
percentage of votes carried for and against each resolution, are as follows:

Ordinary resolution number 1: Adoption of the Company’s consolidated financial statements for the
year ended 28 February 2017

  Shares Voted             Abstained                For                       Against

  68 744 408               0.00%                    60.22%                    39.78%
  90.95%



Ordinary resolution number 2: Re-election of Mr T Pritchard, who retires by rotation, as a
non-executive director of the Company

  Shares Voted             Abstained                For                       Against

  68 744 408               0.00%                    60.22%                    39.78%
  90.95%



Ordinary resolution number 3: Re-election of Deloitte & Touche as independent auditors of the
Company

  Shares Voted             Abstained                For                       Against

  68 744 408               0.00%                    100.00%                   0.00%
  90.95%



Ordinary resolutions number 4.1 to 4.3: Election of the following independent non-executive directors
as members of the Audit and Risk Committee


Ordinary resolution number 4.1: Appointment of Mr JA Bester (Chairman)

  Shares Voted             Abstained                For                       Against

  68 744 408               0.00%                    60.22%                    39.78%
  90.95%


Ordinary resolution number 4.2: Appointment of Mr T Pritchard

  Shares Voted            Abstained                For                       Against

  68 744 408               0.00%                   58.15%                    41.85%
  90.95%


Ordinary resolution number 4.3: Appointment of Mr CP Davies

  Shares Voted            Abstained                For                       Against

  68 744 408               0.00%                   58.15%                    41.85%
  90.95%


Ordinary resolution number 5: Endorsement of a non-binding advisory vote on the Company’s
Executive Remuneration Policy

  Shares Voted            Abstained                For                       Against

  68 744 408               0.00%                   58.15%                    41.85%
  90.95%


Special resolution number 1: Approval of the remuneration payable to non-executive directors in
terms of section 66(9) of the Companies Act 71 of 2008, as amended

  Shares Voted            Abstained                For                       Against

  68 744 408               0.00%                   60.22%                    39.78%
  90.95%



Notes
   -    Percentages of shares voted are calculated in relation to the total issued share capital of
        Sovereign.
   -    Percentages of shares voted for and against are calculated in relation to the total number of
        shares voted for each resolution.
   -    Abstentions are calculated as a percentage in relation to the total issued share capital of
        Sovereign.



Port Elizabeth
22 August 2017

Sponsor
One Capital

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