ASTRAL FOODS LIMITED - Results of Annual General Meeting

Results of Annual General Meeting

ASTRAL FOODS LIMITED
(Reg. No. 1978/003194/06)
(Incorporated in the Republic of South Africa)
Share Code: ARL
ISIN Code: ZAE000029757
("Astral Foods" or the "Company")


RESULTS OF ANNUAL GENERAL MEETING

Shareholders are advised that the voting results of the hybrid annual general meeting of Astral Foods ("AGM") held on
Thursday, 30 January 2025, were as follows:

  Resolutions                                    Number of      Percentage        For**     Against**     Abstained
                                                    shares    of shares in            %             %           ***
                                                     voted          issue*                                        %
                                                                         %
  1. Ordinary resolution number 1:              31 717 729           73.90       100.00          0.00          0.16
     Consideration and adoption of
     Annual Financial Statements

  2. Ordinary resolution number 2:
     Re-election of directors
      2.1. Ms TM Shabangu                       31 785 870           74.05        68.16         31.84          0.00
      2.2. Mr WF Potgieter                      31 785 870           74.05        98.96          1.04          0.00

  3. Ordinary resolution number 3:
     Re-appointment of members of the
     Audit and Risk Management
     Committee
      3.1. Mr DJ Fouché                         31 785 870           74.05        66.95         33.05          0.00
      3.2. Mr S Mayet                           31 785 870           74.05       100.00          0.00          0.00
      3.3. Ms TM Shabangu (subject to           31 785 870           74.05        68.26         31.74          0.00
           approval of ordinary
           resolution 2.1 above)

  4. Ordinary resolution number 4:
     Re-appointment of members of the
     Social and Ethics Committee
      4.1. Ms TM Shabangu (subject to           31 785 870           74.05        92.46          7.54          0.00
           approval of ordinary
           resolution 2.1 above)
      4.2. Dr T Eloff                           31 785 870           74.05        92.44          7.56          0.00
      4.3. Mr GD Arnold                         31 785 870           74.05        99.85          0.15          0.00
      4.4. Mr LW Hansen (independent            31 755 541           73.98        97.87          2.13          0.07
           consultant)

  5. Ordinary resolution number 5:              31 785 870           74.05        98.69          1.31          0.00
     Appointment of the independent
     auditor

  6. Ordinary resolution number 6:              31 785 990           74.05        82.74         17.26          0.00
     Approval of the Remuneration
     Policy

  7. Ordinary resolution number 7:              31 785 990           74.05        88.75         11.25          0.00
     Approval of the implementation of
     the Remuneration Policy

  8. Ordinary resolution number 8:              31 785 870           74.05       100.00          0.00          0.00
     Signature of documentation

  9. Special resolution number 1:               31 785 990           74.05        92.35          7.65          0.00
     Fees payable to Non-Executive
     Directors

 10. Special resolution number 2:               31 785 870           74.05        92.94          7.06          0.00
     Authority to provide financial
     assistance to related and inter-
     related companies

 11. Special resolution number 3:               31 785 870           74.05        79.70         20.30          0.00
     General authority to repurchase
     shares in the Company

*       Based on 42 922 235 shares in issue as at the date of the AGM.
**      In relation to the total number of shares voted at the AGM.
***     In relation to the total number of shares in issue as at the date of the AGM.

Based on the above voting results, all resolutions were passed by the requisite majority of Astral Foods' shareholders
present in person or represented by proxy at the AGM.


Lanseria
31 January 2025

Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited

Date: 31-01-2025 07:05:00
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