TELKOM SA SOC LIMITED - Results of annual general meeting

Results of annual general meeting

Telkom SA SOC Limited
(Incorporated in the Republic of South Africa)
(Registration number 1991/005476/30)
JSE Share Code: TKG
JSE Bond Code: BITEL
ISIN: ZAE000044897
(“Telkom” or the “Company”)

RESULTS OF ANNUAL GENERAL MEETING

Shareholders are advised that the voting results for the annual general meeting (“AGM”) of Telkom held at BCX, Multi-
Purpose Room, 1021 Lenchen Avenue North, Centurion, 0157 on Tuesday, 27 August 2019 were as follows:

             Resolution                    Number of        Percentage of        For**       Against**    Abstained
                                            ordinary       ordinary shares        (%)          (%)         *** (%)
                                          shares voted       in issue* (%)
 
 Ordinary Resolution Number 1.1:           443 261 773          86.72            99.82         0.18          0.04
 Election of Keith A Rayner as a
 director
 Ordinary Resolution Number 1.2:           443 218 153          86.71            99.82         0.18          0.04
 Election of Sibusiso P Sibisi as a
 director
 Ordinary Resolution Number 2.1:           443 274 850          86.72            92.53         7.47          0.04
 Re-election of Santie L Botha as a
 director
 Ordinary Resolution Number 2.2:           443 232 784          86.71            99.82         0.18          0.04
 Re-election of Khanyisile T
 Kweyama as a director
 Ordinary Resolution Number 2.3:           443 229 014          86.71            99.82         0.18          0.04
 Re-election of Kholeka W Mzondeki
 as a director
 Ordinary Resolution Number 2.4:           443 274 683          86.72            99.80         0.20          0.04
 Re-election      of      Fagmeedah
 Petersen-Cook as a director
 Ordinary Resolution Number 3.1:           443 273 883          86.72            99.94         0.06          0.04
 Election of Sibusiso PC Luthuli as a
 member of the audit committee
 Ordinary Resolution Number 3.2:           443 273 543          86.72            99.92         0.08          0.04
 Election of Kholeka W Mzondeki as
 a member of the audit committee,
 subject to her re-election as a
 director pursuant to resolution
 number 2.3
 Ordinary Resolution Number 3.3:           440 060 544          86.09              100         0.00          0.66
 Election of Keith A Rayner as a
 member of the audit committee,
 subject to his election as a director
 pursuant to resolution number 1.1
 Ordinary Resolution Number 3.4:           443 274 050          86.72            99.94         0.06          0.04
 Election of Rex G Tomlinson as a
 member of the audit committee
 Ordinary Resolution Number 3.5:           443 274 850          86.72            99.76         0.24          0.04
 Election of Louis L Von Zeuner as a
 member of the audit committee
 Ordinary Resolution Number 4.1:           422 548 749          82.67            95.46         4.54          4.09
 Re-appointment of
 PricewaterhouseCoopers as joint
 auditors of the company
 Ordinary Resolution Number 4.2:           422 543 956          82.67            95.54         4.46          4.09
 Re-appointment of
 SizweNtsalubaGobodo Grant
 Thornton as joint auditors of the
 company
 Ordinary Resolution Number 5:             443 266 657          86.72            99.72         0.28          0.04
 General authority for directors to
 allot and issue and/or grant options
 over ordinary shares
 Ordinary Resolution Number 6.1:           443 273 272          86.72            97.19         2.81          0.04
 Approval of the remuneration policy
 Ordinary Resolution Number 6.2:           443 273 706          86.72            98.81         1.19          0.04
 Approval of the implementation
 report
 Special Resolution Number 1:              443 083 029          86.69            98.94         1.06          0.07
 General authority to repurchase
 shares
 Special Resolution Number 2:              443 281 774          86.72            99.65         0.35          0.03
 General authority for directors to
 issue shares for cash
 Special Resolution Number 3:              443 253 223          86.72            99.54         0.46          0.04
 Remuneration of non-executive
 directors
 Special Resolution Number 4:              443 274 706          86.72            99.79         0.21          0.04
 General authority to provide
 financial assistance

*       Based on 511 140 239 shares in issue at the date of the AGM.
**      In relation to the total number of shares voted at the AGM.
***     In relation to the total number of shares in issue at the date of the AGM.

Based on the above voting results, all resolutions were passed by the requisite majority of Telkom shareholders present
in person or represented by proxy at the AGM.

27 August 2019

Sponsor
Nedbank Corporate and Investment Banking



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Date: 27/08/2019 02:01:00
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