TONGAAT HULETT LIMITED - Notice to shareholders regarding the results of the meeting of shareholders convened in terms of section 143(3)(b)

Notice to shareholders regarding the results of the meeting of shareholders convened in terms of section 143(3)(b)

TONGAAT HULETT LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 1892/000610/06
Share code: TON
ISIN: ZAE000096541
(“Tongaat Hulett” or “Company”)

NOTICE TO SHAREHOLDERS REGARDING THE RESULTS OF THE MEETING OF
SHAREHOLDERS OF THE COMPANY CONVENED IN TERMS OF SECTION 143(3)(b) OF
THE COMPANIES ACT 71 OF 2008 (“COMPANIES ACT”)

Shareholders are referred to the SENS announcement released on 27 October 2022 wherein
the Company advised that it had commenced voluntary business rescue proceedings.

Shareholders are further referred to the SENS announcements released on 5 December 2022
and 8 December 2022 wherein notice was given to the shareholders of the Company, pursuant
to the provisions of section 143(3) of the Companies Act, of a virtual meeting of shareholders
convened for the purpose of procuring a vote on the remuneration agreement concluded
between the business rescue practitioners (“BRPs”) and the Company.

Shareholders are advised that at the meeting held on 9 December 2022, the remuneration
agreement was approved by 100% of shareholders present and voting at the meeting, and
that in the prior meeting of creditors the remuneration agreement was approved by 99% of the
creditors present and voting at that meeting.

Accordingly, the BRPs remuneration agreement was approved by the requisite majority of
shareholders and creditors present and voting in person or by proxy at the respective
meetings.

The notice in terms of section 143(3) of the Companies Act has been published and is
available for shareholders to view online on the Company’s website, under the ‘Business
Rescue’ tab, at: www.tongaat.com.

Tongaat
15 December 2022

Sponsor:
PSG Capital

Date: 15-12-2022 11:08:00
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