PUTPROP LIMITED - Results of Annual General Meeting

Results of Annual General Meeting

Putprop Limited
Incorporated in the Republic of South Africa
(Registration number 1988/001085/06)
Share code: PPR   ISIN: ZAE000072310
(“Putprop” or “the Company” or “the Group”)


RESULTS OF ANNUAL GENERAL MEETING


Shareholders are advised that, at the annual general meeting of Putprop held on 6 November 2019, all the
resolutions as set out in the notice of annual general meeting were passed by the requisite majority of
shareholders.

The number of shares voted in person or by proxy was 34 728 083, representing 79.11% of the total issued share
capital of the same class of Putprop shares.

The resolutions proposed at the meeting, as well as the percentage of votes carried for and against each
resolution, are set out below:

                                                                     % of votes
                                                                carried for the   % of votes against   % of shares
 Resolution                                                          resolution        the resolution   abstained

 Ordinary resolution number 1: Re-election of Director.
 To re-elect Daniele Torricelli who, in terms of Article 25.7
 of the Company’s Memorandum of Incorporation, retires
 by rotation.                                                         100.00%                0.00%          0.06%

 Ordinary resolution number 2: Re-election of Director.
 To re-elect Hayden Hartley who, in terms of Article 25.7 of
 the Company’s Memorandum of Incorporation, retires by
 rotation.                                                            100.00%                0.00%          0.06%

 Ordinary resolution number 3: Election of independent
 non-executive directors to the Audit and Risk Committee.

 3.1   To appoint Hayden Hartley as a member and
       chairperson of the Putprop Audit and Risk
       Committee, subject to the passing of ordinary
       resolution number 2.                                           100.00%                0.00%          0.06%

 3.2   To appoint Gerrit Van Heerden as a member of the
       Putprop Audit and Risk Committee.                              100.00%                0.00%          0.06%

 3.3   To appoint Rene Styber as a member of the
       Putprop Audit and Risk Committee.                              100.00%                0.00%          0.06%

 Ordinary resolution number 4: Re-appointment of
 external auditor.                                                    100.00%                0.00%          0.06%

 Ordinary resolution number 5: Advisory endorsement of
 remuneration policy and implementation report.

 5.1   Endorsement of remuneration policy.                             98.40%                1.60%          0.06%

 5.2   Endorsement of implementation report.                           98.40%                1.60%          0.06%

 Ordinary resolution number 6: Control of authorised but
 unissued ordinary shares.                                             95.63%                4.37%          0.06%

 Ordinary resolution number 7: Approval to issue
 ordinary shares, and to sell treasury shares, for cash.               94.03%                5.97%          0.06%

 Ordinary resolution number 8: Signature of documents.                100.00%                0.00%          0.06%

 Special resolution number 1: Approval of the non-
 executive directors’ remuneration.                                   100.00%                0.00%          1.32%

 Special resolution number 2: General approval to
 acquire shares.                                                      100.00%                0.00%          0.06%
 
 Special resolution number 3: Financial assistance for
 subscription of securities.                                           95.17%                4.83%          0.06%

 Special resolution number 4: Loans or other financial
 assistance to directors.                                              95.17%                4.83%          0.06%


Johannesburg
6 November 2019

Sponsor
Merchantec Capital

Date: 06/11/2019 04:41:00
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