ESOR LIMITED - Results of Annual General Meeting

Results of Annual General Meeting

ESOR LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 1994/000732/06)
JSE code: ESR
ISIN: ZAE000184669
(“Esor” or “the Company”)

RESULTS OF ANNUAL GENERAL MEETING


Shareholders are advised that, at the annual general meeting of the Company
held on Friday, 31 August 2018, all the resolutions as set out in the
notice of annual general meeting were passed except for ordinary resolution
4 regarding the authority to issue unissued shares and ordinary resolution
5 regarding the authority to issue unissued shares for cash.

The total number of Esor shares that could have been voted at the annual
general meeting was 468 607 775. The total number of Esor shares that were
present or represented by proxy at the annual general meeting was
304 775 331 being 65% of the total number of Esor shares that could have
been voted at the annual general meeting. Abstentions are shown as a
percentage of the total number of Esor shares that could have been voted at
the annual general meeting.


The percentage votes for the resolutions were as follows:
Resolution                       Number of     Shares        For       Against    Abstained
                                 ordinary      voted as a    %         %          %
                                 shares        percentage
                                 voted         of ordinary
                                               shares in
                                               issue
                                               %
Special Resolution No 1:

Authority for the company to
repurchase its own shares        300 017 151        60.73%    99.98%      0.02%         1.02%
Special Resolution No 2:

Authorisation for the company
to pay directors’ remuneration   300 017 151        60.73%    99.98%      0.02%         1.02%
Special Resolution No 3:

Authority to provide financial
assistance to related and
inter-related companies          300 017 151        60.73%    99.98%      0.02%         1.02%
Ordinary Resolution No 1.1:

Re-election of Dr O Franks as
a non-executive director         298 738 829        60.48%    99.99%      0.01%         1.29%
Ordinary Resolution No 1.2:

Appointment of Mr H Takolia as
an independent non-executive
director                         298 738 829        60.48%    99.99%      0.01%         1.29%
Ordinary Resolution No 2:

Reappointment of KPMG Inc. as
external auditor                 299 977 608        60.73%    98.22%      1.78%         1.02%
Ordinary Resolution No 3.1:

Appointment of Mr H Takolia as
a member and chairman of the
audit and risk committee         298 738 829        60.48%     99.99%      0.01%        1.29%
Ordinary Resolution No 3.2:

Re-election of Mr B Krone as a
member of the audit and risk
committee                        298 738 829        60.48%      93.99%    6.01%          1.29%
Ordinary Resolution No 3.3:

Appointment of Dr O Franks as
a member of the audit and risk
committee                        298 778 372        60.48%       99.98%    0.02%         1.28%
Ordinary Resolution No 4:

Authority to issue unissued
shares                           299 027 608        60.53%        8.19%   91.81%         1.23%
Ordinary Resolution No 5:

Authority to issue unissued
shares for cash                  299 067 151         60.54%       2.19%   97.81%          1.22%
Ordinary Resolution No 6:

Sanctioning of the
remuneration philosophy          296 705 170         60.06%       99.99%    0.01%         1.72%
Ordinary Resolution No 7:

Authority to effect the
resolutions                      299 977 608        60.73%         99.99%    0.01%        1.02%



Germiston
31 August 2018



Sponsor

Vunani Corporate Finance

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