EMIRA PROPERTY FUND LIMITED - Results of the Annual General Meeting

Results of the Annual General Meeting

EMIRA PROPERTY FUND LIMITED
Incorporated in the Republic of South Africa
(Registration number 2014/130842/06)
JSE share code: EMI       ISIN: ZAE000203063
JSE Interest Rate Issuer Code: EMII
(Approved as a REIT by the JSE)
(“Emira” or the “Company”)


RESULTS OF THE ANNUAL GENERAL MEETING

Emira is pleased to advise shareholders and noteholders that all the ordinary and special resolutions set
out in the notice of Annual General Meeting (“AGM”), were passed by the requisite majority of ordinary
shareholders at the AGM held today, 1 December 2020.

Emira has 522 667 247 ordinary shares in issue of which 443 027 905 shares were voted at the AGM,
representing 85% of the total shares in issue.

Resolutions                                        Shares voted         Votes        Votes     Abstained
                                                                          For      Against
                                                 Number         % (1)   % (2)        % (2)         % (1)
Ordinary resolution number 1:               442 789 803         84.72   97.00        3.00          0.05
Re-appointment of Ernst & Young
Incorporated as the independent
external auditors of the Company, with
Mr Ernest van Rooyen as the designated
auditor and authorisation of auditor’s
remuneration

Ordinary resolution number 2:
Re-election of directors:

2.1 Appointment of Ms B Moroole as an       442 789 803         84.72   100.00        0.00          0.05
independent non-executive director

2.2 Re-election of Mr J Templeton as a      442 789 803         84.72    99.42        0.58          0.05
non-executive director

2.3 Re-election of Mr V Nkonyeni as an      442 789 803         84.72    95.39        4.61          0.05
independent non-executive director

2.4 Re-election of Mr V Mahlangu as an      442 789 803         84.72    93.77        6.23          0.05
independent non-executive director

2.5 Re-election of Mr G Van Zyl as an       442 789 803         84.72    99.77        0.23          0.05
independent non-executive director
Ordinary resolution number 3:
Appointments to the Audit Committee:

3.1 Appointment of Mr V Nkonyeni as         442 789 803         84.72    93.48        6.52          0.05
Chairman and a member of the Audit
Committee

3.2 Appointment of Mr V Mahlangu as a       442 789 803         84.72    89.31       10.69          0.05
member of the Audit Committee

3.3 Appointment of Ms B Moroole as a        442 789 803         84.72   100.00        0.00          0.05
member of the Audit Committee

Ordinary resolution number 4:
Non-binding advisory votes:
4.1 Endorsement of the remuneration         442 741 028         84.71    91.01         8.99         0.05
policy

4.2 Endorsement of the remuneration         415 631 374         79.52    90.42         9.58         5.24
implementation report

Ordinary resolution number 5:               442 780 028         84.72   100.00         0.00         0.05
Directors’ authorising resolution

Special resolution number 1:
Approval of the remuneration of the
non-executive directors:

1.1 Board Chairperson                       442 750 803         84.71    98.28         1.72         0.05

1.2 Non-executive Directors                 442 750 803         84.71    98.28         1.72         0.05

1.3 Chairperson of the Audit and Risk       442 750 803         84.71    98.28         1.72         0.05
Committees

1.4 Member of Audit and Risk                442 750 803         84.71    98.28         1.72         0.05
Committees

1.5 Chairperson of the Remuneration         442 750 803         84.71    98.28         1.72         0.05
Committee

1.6 Remuneration Committee Member           442 750 803         84.71    98.28         1.72         0.05

1.7 Chairperson Finance Committee           442 750 803         84.71    98.28         1.72         0.05

1.8 Finance Committee Member                442 750 803         84.71    98.28         1.72         0.05

1.9 Chairperson of the Investment           442 750 803         84.71    98.28         1.72         0.05
Committee

1.10 Investment Committee Member            442 750 803         84.71    98.30         1.70         0.05

1.11 Chairperson of the Environmental,      442 750 803         84.71    98.65         1.35         0.05
Social and Governance Committee

1.12 Environmental, Social and              442 750 803         84.71    98.65         1.35         0.05
Governance Committee

1.13 Ad hoc meetings (per hour)             442 750 803         84.71    98.65         1.35         0.05

Special resolution number 2: Authority      442 750 803         84.71    95.18         4.82         0.05
to provide financial assistance for the
subscription or purchase of securities
issued or to be issued by the Company

Special resolution number 3:                442 750 803         84.71    97.70         2.30         0.05
Authority to provide loans and other
financial assistance in terms of section
45 of the Companies Act:

Notes:
1. As a percentage of total ordinary shares in issue.
2. As a percentage of shares voted.

Bryanston
1 December 2020

Sponsor
Questco Corporate Advisory (Pty) Ltd

Debt Sponsor
RAND MERCHANT BANK (a division of FirstRand Bank Limited)

Date: 01-12-2020 03:18:00
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