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Results of Annual General Meeting
BALWIN PROPERTIES LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2003/028851/06)
Share code: BWN
ISIN: ZAE000209532
("Balwin" or "the Company")
RESULTS OF ANNUAL GENERAL MEETING
Balwin shareholders are advised that at the annual general meeting of shareholders held on Tuesday,
4 September 2018 at 08h00 (“AGM”), all ordinary and special resolutions as set out in the notice of
AGM dated Friday, 29 June 2018 were approved by the requisite majority of shareholders present
or represented by proxy.
In this regard, Balwin confirms the voting statistics from the AGM as follows:
% Number
Total number of shares that could be voted at the AGM (“Total Shares”) 100.00 472,192,592
Total number of shares present/represented including proxies at the AGM (“Voted Shares”) 79% 372,682,829
Total number of members present 16
Votes in favour %* Votes against %* Abstentions %**
Ordinary Resolution number 1:
To re-elect Hilton Saven as 324,821,715 87,16% 47,861,090 12,84% 24 0.00%
director
Ordinary Resolution number 2:
To re-elect Ronen Zekry as 324,821,715 87,16% 47,861,090 12,84% 24 0.00%
director
Ordinary Resolution number 3:
Appointment of Auditors 372,282,805 99,89% 400 000 0,11% 24 0.00%
Ordinary Resolution number 4:
Appointment of Kholeka 341,378,038 91,60% 31,304,767 8,40% 24 0.00%
Mzondeki to the Audit and Risk
Committee
Ordinary Resolution number 5:
Appointment of Tomi Amosun to 341,378,038 91,60% 31,304,767 8,40% 24 0.00%
the Audit and Risk Committee
Ordinary Resolution number 6:
Appointment of Hilton Saven to
313,288,637 84,06% 59,394,168 15,94% 24 0.00%
the Audit and Risk Committee"
Ordinary Resolution number 7:
Appointment of Arnold Shapiro to the 341,380,938 91,60% 31,301 ,867 8,40% 24 0.00%
Audit and Risk Committee
Ordinary Resolution number 8.1:
Endorsement of Remuneration 327,078,773 87,76% 45,604,032 12,24% 24 0.00%
Policy
Ordinary Resolution number 8.2:
Endorsement of the Implementation 327,355,449 87,84% 45,327,356 12,16% 24 0.00%
Report
Ordinary Resolution number 9:
General authority to issue 287,664,003 77,19% 85,018,802 22,81% 24 0.00%
shares for cash
Special Resolution number 1:
Approval of non-executive 341,375,938 91,60% 31,306,867 8,40% 24 0.00%
directors’ fees"
Special Resolution 2:
Financial assistance to related 340,176,258 91,57% 31,306,867 8,43% 1,199,704 0,25%
and inter-related Companies
Special Resolution number 3:
Authority to repurchase shares 371,374,816 99,65% 1,307,989 0,35% 24 0.00%
Notes:
* Percentage of Voted Shares (excluding abstentions)
** Percentage of Total Shares
Bedfordview
4 September 2018
Corporate Advisor and Sponsor: Investec Bank Limited
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