Sharenet Sites 
Sharenet Sites
Results of the annual general meeting
AFRIMAT LIMITED
Incorporated in the Republic of South Africa
(Registration number: 2006/022534/06)
Share code: AFT
ISIN: ZAE000086302
(“Afrimat” or “the Company”)
RESULTS OF THE ANNUAL GENERAL MEETING
Shareholders are hereby advised that the results of the voting at the annual general meeting
of the Company held at 14:00 on Wednesday, 2 August 2023 at the Protea Hotel, Durbanville,
99 Jip De Jager Drive, Vineyards Office Estate, Tyger Valley, 7530 (“AGM”), are as follows:
Votes
Votes for against
resolution resolution
as a as a Number of Number of
percentage percentage shares shares
of total of total voted at abstained
number of number of Number of AGM as a as a
Resolutions shares shares shares percentage percentage
proposed at voted at voted at voted at of shares of shares
the AGM AGM AGM AGM in issue* in issue*
Ordinary
resolution
number 1: To
adopt the 2023
annual financial
statements 100.00% 0.00% 119 538 753 75.16% 0.42%
Ordinary
resolution
number 2: To
re-elect Mr
Jacobus
(Derick) F van
der Merwe as a
director 100.00% 0.00% 119 535 253 75.16% 0.42%
Ordinary
resolution
number 3: To
re-elect Mr
Loyiso Dotwana
as a director 88.72% 11.28% 119 534 391 75.16% 0.42%
Ordinary
resolution
number 4: To
re-elect Mr
Johannes HP
(Johan) van der
Merwe as a
director 93.47% 6.53% 119 535 253 75.16% 0.42%
Ordinary
resolution
number 5: To
approve the
appointment of
Mr Nicolaas AS
Kruger as a
director 99.53% 0.47% 119 535 253 75.16% 0.42%
Ordinary
resolution
number 6: To
re-appoint Mr
Loyiso Dotwana
as a member of
the Audit & Risk
Committee 86.00% 14.00% 119 534 391 75.16% 0.42%
Ordinary
resolution
number 7: To
re-appoint Mr
Francois M
Louw as a
member of the
Audit & Risk
Committee 98.41% 1.59% 119 535 253 75.16% 0.42%
Ordinary
resolution
number 8: To
re-appoint Mr
Jacobus
(Derick) F van
der Merwe as a
member of the
Audit & Risk
Committee 100.00% 0.00% 119 535 253 75.16% 0.42%
Ordinary
resolution
number 9: To
re-appoint Ms
Sisanda Tuku
as a member of
the Audit & Risk
Committee 100.00% 0.00% 119 535 253 75.16% 0.42%
Ordinary
resolution
number 10: To
approve the
appointment of
Mr Nicolaas AS
Kruger as a
member of the
Audit & Risk
Committee 100.00% 0.00% 119 535 253 75.16% 0.42%
Ordinary
resolution
number 11: To
re-appoint
Pricewaterhouse
Coopers Inc.
as auditor 98.79% 1.21% 119 542 702 75.16% 0.41%
Ordinary
resolution
number 12:
Non-binding
endorsement of
Afrimat’s
remuneration
policy 94.46% 5.54% 119 539 453 75.16% 0.42%
Ordinary
resolution
number 13:
Non-binding
endorsement of
Afrimat’s
implementation
report on the
remuneration
policy 94.94% 5.06% 119 539 453 75.16% 0.42%
Ordinary
resolution
number 14: To
authorise the
directors or the
Company
Secretary to
sign all
documentation 99.91% 0.09% 119 538 753 75.16% 0.42%
Ordinary
resolution
number 15: To
place unissued
shares under
the directors’
control 79.24% 20.76% 119 538 253 75.16% 0.42%
Ordinary
resolution
number 16:
General
authority to
issue ordinary
shares for cash 95.81% 4.19% 119 538 753 75.16% 0.42%
Ordinary
resolution
number 17:
Approval of the
amendment of
the Afrimat
Limited Share
Appreciation
Right Scheme 99.95% 0.05% 119 538 253 75.16% 0.42%
Special
resolution
number 1:
Remuneration
of Chairman of
the Board 99.90% 0.10% 119 539 363 75.16% 0.42%
Special
resolution
number 2:
Remuneration
of non-executive
directors 96.42% 3.58% 119 539 363 75.16% 0.42%
Special
resolution
number 3:
Remuneration
of Chairman of
the Audit & Risk
Committee 99.91% 0.09% 119 539 363 75.16% 0.42%
Special
resolution
number 4:
Remuneration
of Audit & Risk
Committee
members 99.91% 0.09% 119 539 363 75.16% 0.42%
Special
resolution
number 5:
Remuneration
of Chairman of
the
Remuneration
Committee 99.91% 0.09% 119 539 363 75.16% 0.42%
Special
resolution
number 6:
Remuneration
of Chairman of
the Nominations
Committee 99.91% 0.09% 119 539 363 75.16% 0.42%
Special
resolution
number 7:
Remuneration
of
Remuneration &
Nominations
Committee
members 99.91% 0.09% 119 539 363 75.16% 0.42%
Special
resolution
number 8:
Remuneration
of Chairman of
the Social,
Ethics &
Sustainability
Committee 99.91% 0.09% 119 539 363 75.16% 0.42%
Special
resolution
number 9:
Remuneration
of Social, Ethics
& Sustainability
Committee
members 99.91% 0.09% 119 539 363 75.16% 0.42%
Special
resolution
number 10:
Remuneration
of Chairman of
the Investment
Review
Committee 99.91% 0.09% 119 539 363 75.16% 0.42%
Special
resolution
number 11:
Remuneration
of Investment
Review
Committee
members 99.91% 0.09% 119 539 363 75.16% 0.42%
Special
resolution
number 12: Ad
hoc
remuneration of
members of the
Board under
rare
circumstances 90.03% 9.97% 119 539 363 75.16% 0.42%
Special
resolution
number 13:
Inter-company
financial
assistance 100.00% 0.00% 119 538 253 75.16% 0.42%
Special
resolution
number 14:
Financial
assistance for
the subscription
and/or purchase
of shares in the
Company or a
related or inter-
related
company 87.14% 12.86% 119 538 239 75.16% 0.42%
Special
resolution
number 15:
Share
repurchases by
the Company
and its
subsidiaries 99.18% 0.82% 119 548 811 75.17% 0.41%
Note:
*Total number of shares in issue as at the date of the AGM was 159 690 957, of which 8 297 674
were treasury shares.
Cape Town
3 August 2023
Sponsor
Valeo Capital (Pty) Ltd
Date: 03-08-2023 04:30:00
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. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
