Report on proceedings at the annual general meeting and committee appointment Alexander Forbes Group Holdings Limited (Incorporated in the Republic of South Africa) Registration Number: 2006/025226/06 JSE Share Code: AFH and ISIN: ZAE000191516 (Alexforbes or the company or group) REPORT ON PROCEEDINGS AT THE ANNUAL GENERAL MEETING AND COMMITTEE APPOINTMENT Shareholders are advised that at the seventeenth (17th) annual general meeting (AGM) of Alexforbes held on 4 September 2023, all the ordinary and special resolutions proposed at the meeting were approved by the requisite majority of votes. All the ordinary and special resolutions proposed at the AGM were unaltered from that reflected in the Notice of AGM, with the exception of ordinary resolution 4: Reappointment of Deloitte and Touche (South Africa) as independent external auditors and in this regard, shareholders are advised of the appointment of Mr Mark Holme as audit partner with immediate effect, following the resignation of Mr Dinesh Munu. The company confirms the voting statistics from the AGM as follows: Resolutions Votes cast disclosed Number of Shares voted Shares as a percentage in shares voted disclosed as a abstained relation to the total percentage in disclosed as a number of shares relation to the percentage in voted at the meeting total issued relation to the share capital total issued For Against share capital Ordinary resolution 1.1: Election of 99.96% 0.04% 1 220 840 494 91.96% 0.00% Ms MK Dippenaar as a director Ordinary resolution 1.2: Election of 99.96% 0.04% 1 220 840 494 91.96% 0.00% Mr P Dhamija as a director Ordinary resolution 1.3: Election of 100.00% – 1 220 840 494 91.96% 0.00% Mr KD Dlamini as a director Ordinary resolution 1.4: Election of 99.95% 0.05% 1 220 840 494 91.96% 0.00% Mr GW Herbert as a director Ordinary resolution 2.1: Election of 100.00% – 1 220 840 494 91.96% 0.00% Mr RM Head as a member of the group audit and risk committee Ordinary resolution 2.2: Election of 100.00% – 1 220 840 494 91.96% 0.00% Mr AM Mazwai as a member of the group audit and risk committee Ordinary resolution 2.3: Election of 100.00% – 1 220 840 494 91.96% 0.00% Ms N Medupe as a member of the group audit and risk committee Ordinary resolution 2.4: Election of 100.00% – 1 220 840 494 91.96% 0.00% Ms CWN Molope as a member of the group audit and risk committee Ordinary resolution 3.1: Election of 100.00% – 1 220 840 494 91.96% 0.00% Mr DJ de Villiers as a member of the group social, ethics and transformation committee Ordinary resolution 3.2: Election of 100.00% – 1 220 840 494 91.96% 0.00% Mr T Dloti as a member of the group social, ethics and transformation committee Ordinary resolution 3.3: Election of 99.50% 0.50% 1 220 840 494 91.96% 0.00% Mr AM Mazwai as a member of the group social, ethics and transformation committee Ordinary resolution 3.4: Election of 100.00% – 1 220 840 494 91.96% 0.00% Ms N Medupe as a member of the group social, ethics and transformation committee Ordinary resolution 3.5: Election of 99.50% 0.50% 1 220 840 494 91.96% 0.00% Ms MR Nkadimeng as a member of the group social, ethics and transformation committee Ordinary resolution 4: 99.96% 0.04% 1 220 840 494 91.96% 0.00% Reappointment of Deloitte and Touche (South Africa) as independent external auditors Ordinary resolution 5: Authorise 100.00% – 1 220 840 494 91.96% 0.00% directors and/or executive: governance, legal, compliance and sustainability to implement the resolutions set out in the notice convening the AGM Non-binding advisory vote 1.1: 99.19% 0.81% 1 220 840 494 91.96% 0.00% Approve, through a non-binding advisory vote, the company’s remuneration policy Non-binding advisory vote 1.2: 99.96% 0.04% 1 220 840 494 91.96% 0.00% Approve, through a non-binding advisory vote, the company's remuneration implementation report Special resolution 1: Approve non- 99.40% 0.60% 1 220 840 494 91.96% 0.00% executive directors’ fees for the period 1 October 2023 to the next annual general meeting Special resolution 2: Authorise 100.00% – 1 220 840 494 91.96% 0.00% financial assistance for subscription of securities Special resolution 3: Authorise 99.94% 0.06% 1 220 840 494 91.96% 0.00% financial assistance for related and interrelated companies Special resolution 4: Authorise the 99.74% 0.26% 1 220 840 494 91.96% 0.00% directors to repurchase company shares in terms of a general authority Total issued share capital is 1 327 582 154. The special resolutions will, where necessary, be lodged for registration with the Companies and Intellectual Property Commission in due course. Committee appointment In addition, Ms MK (Marinda) Dippenaar was appointed to the Mergers and Acquisitions Committee with immediate effect. Carina Wessels Executive: Governance, Legal, Compliance and Sustainability (Company Secretary) 5 September 2023 Sandton Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 05-09-2023 12:21:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. 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