METAIR INVESTMENTS LIMITED - Results of annual general meeting

Results of annual general meeting

Metair Investments Limited
(Incorporated in the Republic of South Africa)
Registration number: 1948/031013/06
JSE share code: MTA
ISIN: ZAE000090692
(“Metair” or the “Company”)


RESULTS OF ANNUAL GENERAL MEETING

Metair shareholders (“Shareholders”) are advised that at the annual general meeting (“AGM”) of
Shareholders held on Wednesday, 2 May 2018, all the ordinary and special resolutions, as set out in
the notice of AGM dated Wednesday, 14 March 2018, 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: Re-election of Mr SG Pretorius as a director

 Shares Voted             Abstained                 For                      Against

 170 876 969              0.50%                     96.34%                   3.66%
 (85.87%)

Ordinary resolution number 2: Re-election of Mr JG Best as a director

 Shares Voted             Abstained                 For                      Against

 169 929 080              0.98%                     99.35%                   0.65%
 (85.40%)

Ordinary resolution number 3: Re-election of Ms TN Mgoduso as a director

 Shares Voted             Abstained                 For                      Against

 170 876 969              0.50%                     99.45%                   0.55%
 (85.87%)

Ordinary resolution number 4: Re-election of Ms PPJ Derby as a director

 Shares Voted             Abstained                 For                      Against

 170 876 969              0.50%                     96.01%                   3.99%
 (85.87%)

Ordinary resolution number 5: Appointment of Mr B Mawasha as a director

 Shares Voted             Abstained                 For                      Against

 170 876 969              0.50%                     100.00%                  0.00%
 (85.87%)

Ordinary resolution number 6: Re-appointment of independent auditors

 Shares Voted             Abstained                 For                      Against

 171 847 436              0.01%                     91.65%                   8.35%
 (86.36%)

Ordinary resolution number 7: Election of audit and risk Committee (the “Committee”) members

Ordinary resolution number 7(a): Mr JG Best as chairman of the Committee

 Shares Voted             Abstained                 For                      Against

 169 934 804              0.97%                     97.17%                   2.83%
 (85.40%)

Ordinary resolution number 7(b): Ms HG Motau as a member of the Committee

 Shares Voted             Abstained                 For                      Against

 170 879 469              0.50%                     100.00%                  0.00%
 (85.88%)

Ordinary resolution number 7(c): Mr B Mawasha as a member of the Committee

 Shares Voted             Abstained                 For                      Against

 170 879 469              0.50%                     100.00%                  0.00%
 (85.88%)

Ordinary resolution number 8(a): Approval of the Company’s remuneration policy

 Shares Voted             Abstained                 For                      Against

 171 846 864              0.01%                     80.18%                   19.82%
 (86.36%)

Ordinary resolution number 8(b): Approval of the Company’s remuneration implementation report

 Shares Voted             Abstained                 For                      Against

 171 847 436              0.01%                     79.44%                   20.56%
 (86.36%)

Special resolution number 1: Approval of the non-executive directors’ remuneration

 Shares Voted             Abstained                 For                      Against

 169 931 008              0.98%                     100.00%                  0.00%
 (85.40%)

Special resolution number 2: Provision of financial assistance in terms of section 45 of the Companies
Act No. 71 of 2008, as amended (“Companies Act”)

 Shares Voted             Abstained                 For                      Against

 161 052 125              5.44%                     100.00%                  0.00%
 (80.94%)

Special resolution number 3: Provision of financial assistance in terms of section 44 of the Companies
Act

 Shares Voted             Abstained                 For                      Against

 161 052 125              5.44%                     100.00%                  0.00%
 (80.94%)
Special resolution number 4: General authority to repurchase the Company’s securities

 Shares Voted             Abstained                For                      Against

 171 828 999              0.02%                    100.00%                  0.00%
 (86.35%)


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


Johannesburg
2 May 2018

Sponsor
One Capital

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