SASFIN HOLDINGS LIMITED - Results of AGM

Results of AGM

Sasfin Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration Number 1987/002097/06)
Ordinary share code: SFN ISIN: ZAE000006565
Preference share code: SFNP ISIN: ZAE000060273
(“Sasfin” or “the Company”)



RESULTS OF THE ANNUAL GENERAL MEETING




Sasfin shareholders are advised that at the annual general meeting (“AGM”) of shareholders held on 26 November
2019, the following resolutions, as set out in the notice of AGM, which was incorporated in the Integrated Report
2019 distributed to shareholders on 28 October 2019, were duly approved by the requisite majority of shareholders
present and voting, either in person or represented by proxy.

Shareholders are advised that:

-       There were 32 289 424 Shares in issue as at the date of the AGM.
-       26 044 598 Shares were present/represented including proxies at the AGM being 81% of the total number of
        Shares in issue.
-       Abstentions are represented as a percentage of the total number of Shares in issue while the Shares voted for
        and against are represented as a percentage of the Shares voted.


Details of the results of the voting are as follows:

                                                        Shares     Shares        Shares abstained          Shares voted
    Number       Item                                  voted for   against

    1.           To consider and accept the        26 031 217         0                13 381               26 031 217
                 Annual Financial Statements        100.00%         0.00%              0.04%


    2            Ordinary and Special
                 resolutions


    2.1          Ordinary resolutions:


                 2.1    Re-election of directors
                        of the Company:


                 (2.1.1) To re-elect, as Non-      26 030 817        400               13 381               26 031 217
                         Executive Director, Mr
                                                      100%          0.00%              0.04%
                         GC Dunnington
      (2.1.2) To re-elect, as Non-
              Executive Director, Mr      25 816 831   214 386     13 381   26 031 217
              RWR Buchholz                 99.18%       0.82%      0.04%


      (2.1.3) To re-elect, as Non-
              Executive Director, Ms      24 673 624   1 357 593   13 381   26 031 217
              GT Serobe                    94.78%        5.22%     0.04%


      (2.2)     Election of directors


      (2.2.1) To elect, as Non-
              Executive Director, Mr      26 030 817     400       13 381   26 031 217
              MR Thompson                    100%       0.00%      0.04%


      (2.2.2) To elect, as Non-           26 005 666    25 551     13 381   26 031 217
              Executive Director, Ms       99.90%       0.10%      0.04%
              EA Wilton


      (2.3) To appoint PWC as             26 031 217      0        13 381   26 031 217
            independent auditor for
                                             100%       0.00%      0.04%
            the next financial year



2.2   Special resolutions:


      (1)     General authority to the    25 827 140   204 077     13 381   26 031 217
              Company and/or its           99.22%       0.78%      0.04%
              subsidiaries to
              repurchase shares


      (2)     To approve the Non-         24 852 019   1 179 198   13 381   26 031 217
              Executive Directors’ fees    95.47%        4.53%     0.04%
              for the 2019/2020
              financial year


      (3)     General authority to        25 998 357    32 860     13 381   26 031 217
              provide financial            99.87%       0.13%      0.04%
              assistance for
              subscription of shares to
              related or inter-related
              companies (section 45)
             (4)   General authority to         24 434 178   1 597 039   13 381   26 031 217
                   provide financial             93.86%        6.14%     0.04%
                   assistance for
                   subscription of shares
                   (section 44)


             (5)   Placing unissued shares      24 006 813   2 024 404   13 381   26 031 217
                   under the control of the      92.22%        7.78%     0.04%
                   directors


             (6)   General, but restricted,     23 193 643   2 837 574   13 381   26 031 217
                   authority to issue shares     89.10%       10.90%     0.04%
                   for cash


  3.         Non-binding advisory votes


             (1)   Endorsement of the           22 925 478   3 104 939   14 181   26 030 417
                   Company’s
                                                 88.07%       11.93%     0.04%
                   Remuneration Policy
                   (non-binding vote)


             (2)   Endorsement of the           23 580 933   2 449 484   14 181   26 030 417
                   Company‘s
                                                 90.59%        9.41%     0.04%
                   Remuneration
                   Implementation Report
                   (non-binding vote)


Johannesburg
27 November 2019


Sponsor
Sasfin Capital (a member of the Sasfin Group)

Independent Sponsor
Deloitte & Touche Sponsor Services Proprietary Limited

Date: 27-11-2019 01:38:00
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