NICTUS LIMITED - Results of annual general meeting

Results of annual general meeting

Nictus Limited
Incorporated in the Republic of South Africa
Registration number: 1981/011858/06
ISIN code: NA0009123481
JSE share code: NCS
(“Nictus” or the “Company”)

RESULTS OF ANNUAL GENERAL MEETING

Nictus shareholders (“Shareholders”) are hereby advised that at the annual general meeting of Shareholders
held at 12:00 (SA time) on Wednesday, 21 August 2019 (“AGM”), all the ordinary and special resolutions
proposed at the AGM were approved by the requisite majority of Shareholders present or represented by proxy
at the AGM.

Details of the results of voting at the AGM are as follows:

                               For                        Against           Total votes cast      Abstained
   Resolution       Number of           As a %       Number    As a %   Number of      As a %     As a % of
                       Shares         of Voted           of  of Voted      Shares    of Total         Total
                                        Shares       Shares    Shares                  Issued        Issued
                                                                                       Shares        Shares
 Ordinary resolutions

 1   Re-election     42 076 061           100%            0      0%    42 076 061      78.73%            0%
     of Gerard
     Swart as a
     director
 2   Re-election     42 076 061           100%            0      0%    42 076 061      78.73%            0%
     of Nicolaas C
     Tromp as a
     director
 3   Election of     42 076 061           100%            0      0%    42 076 061      78.73%            0%
     Cornelius J
     de Vrye as a
     director
 4   Approval of     42 076 061           100%            0      0%    42 076 061      78.73%            0%
     the
     remuneration
     policy
 5   Approval of     42 076 061           100%            0      0%    42 076 061      78.73%            0%
     the
     remuneration
     implementati
     on report
 6   Election of     42 076 061           100%            0      0%    42 076 061      78.73%            0%
     Cornelius J
     de Vrye as a
     member and
     chairman of
     the audit and
     risk
     committee
7    Re-election      42 076 061          100%            0      0%    42 076 061       78.73%           0%
     of Barend J
     Willemse as
     a member of
     the audit and
     risk
     committee
8    Re-election     42 076 061          100%            0       0%    42 076 061       78.73%           0%
     of Gerard
     Swart as a
     member of
     the audit and
     risk
     committee
9    Re-            42 068 061          99.98%        8 000   0.02%    42 076 061       78.73%           0%
     appointment
     of KPMG Inc.
     as
     independent
     external
     auditor *
10   Authority to   42 068 061         99.98%        8 000    0.02%    42 076 061       78.73%           0%
     issue
     ordinary
     shares
11   Signing        42 076 061           100%            0      0%     42 076 061       78.73%           0%
     authority

Special resolutions

1   Approval of    42 076 061           100%            0       0%     42 076 061       78.73%           0%
    directors’
    remuneration
2   General        42 076 061           100%            0       0%     42 076 061       78.73%           0%
    authority to
    repurchase
    shares
3   Financial      42 076 061           100%            0       0%     42 076 061       78.73%           0%
    assistance to
    entities
    related or
    inter-related
    to the
    Company, in
    terms of
    section 45 of
    the
    Companies
    Act of South
    Africa

Notes:
1. Total Issued Shares comprises 53 443 500 Nictus ordinary shares (“Shares”).
2. Voted Shares comprises the Shares voted at the AGM in respect of each resolution, excluding abstained
   Shares.

*As published in a SENS announcement on 15 August 2019, a modification to ordinary resolution number 9, by
the removal of the appointment of the individual designated audit partner, Mr Riaan Kok, representing KPMG
Inc., was made and tabled at the AGM prior to proposing the resolution.

Randburg
21 August 2019

Sponsor
One Capital

Date: 21/08/2019 04:05:00
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