Sharenet Sites 
Sharenet Sites
Report on proceedings at the annual general meeting
SABVEST CAPITAL LIMITED
(Incorporated in South Africa)
(Registration number 2020/030059/06)
JSE share code: SBP
ZAE000283511
("Sabcap")
REPORT ON PROCEEDINGS AT THE ANNUAL GENERAL MEETING
Shareholders are advised that, at the annual general meeting ("AGM" or "the meeting") of the shareholders of Sabcap held electronically today, 9 June 2026, all the
ordinary resolutions and the special resolution proposed at the meeting were approved by the requisite majority of votes. The following information is pro vided in
compliance with the JSE Listings Requirements:
Total number of Sabcap shares in issue 37 600 000
Total number of votes exercisable by the ordinary shares ("Ord shares") 37 600 000
Total number of votes exercisable by the Z share ("Z share")* 39 273 200
Total number of votes exercisable at the meeting 76 873 200
*The Z share is entitled to exercise votes equal to 104.45% of the voting rights of all the issued Ord shares on a poll.
Details of voting results:
Votes held by
Votes cast disclosed as a percentage in relation shares voted as a Shares abstained
to the total number of votes held by shares percentage in disclosed as a
voted at the meeting relation to the percentage in
Number of shares total votes of all relation to the total
Resolutions For Against voted issued shares issued shares
Ordinary Resolutions
1 – Election and re-election of directors
1.1 –Election of non-executive director – Mr 99.93% Ord shares 0.07% Ord shares 23 598 216 Ord shares 30.70% Ord shares 0.47% Ord shares
A Khumalo 100% Z share 0% Z share 39 273 200 Z share 51.09% Z share 0% Z share
1.2 – Re-election of executive director – Mr 99.93% Ord shares 0.07% Ord shares 23 598 216 Ord shares 30.70% Ord shares 0.47% Ord shares
L Rood 100% Z share 0% Z share 39 273 200 Z share 51.09% Z share 0% Z share
1.3 – Re-election of non-executive director – 99.93% Ord shares 0.07% Ord shares 23 598 216 Ord shares 30.70% Ord shares 0.47% Ord shares
Mr K Pillay 100% Z share 0% Z share 39 273 200 Z share 51.09% Z share 0% Z share
2 – Re-appointment of the independent external 99.93% Ord shares 0.07% Ord shares 23 598 216 Ord shares 30.70% Ord shares 0.47% Ord shares
auditor 100% Z share 0% Z share 39 273 200 Z share 51.09% Z share 0% Z share
3 – Election of the members of the Audit
Committee
3.1 – Re-election of Dr L Mthimunye 99.93% Ord shares 0.07% Ord shares 23 598 216 Ord shares 30.70% Ord shares 0.47% Ord shares
100% Z share 0% Z share 39 273 200 Z share 51.09% Z share 0% Z share
3.2 – Re-election of Mrs O Ighodaro 99.93% Ord shares 0.07% Ord shares 23 598 216 Ord shares 30.70% Ord shares 0.47% Ord shares
100% Z share 0% Z share 39 273 200 Z share 51.09% Z share 0% Z share
3.3 – Re-election of Mr BJT Shongwe 90.74% Ord shares 9.26% Ord shares 23 598 216 Ord shares 30.70% Ord shares 0.47% Ord shares
100% Z share 0% Z share 39 273 200 Z share 51.09% Z share 0% Z share
3.3 – Election of Mr A Khumalo 99.93% Ord shares 0.07% Ord shares 23 598 216 Ord shares 30.70% Ord shares 0.47% Ord shares
100% Z share 0% Z share 39 273 200 Z share 51.09% Z share 0% Z share
4 – Election of the members of the Social,
Ethics and Transformation Committee
4.1 – Re-election of Mr BJT Shongwe 99.48% Ord shares 0.52% Ord shares 23 598 216 Ord shares 30.70% Ord shares 0.47% Ord shares
100% Z share 0% Z share 39 273 200 Z share 51.09% Z share 0% Z share
4.2 – Re-election of Mrs O Ighodaro 99.93% Ord shares 0.07% Ord shares 23 598 216 Ord shares 30.70% Ord shares 0.47% Ord shares
100% Z share 0% Z share 39 273 200 Z share 51.09% Z share 0% Z share
4.3 – Re-election of Dr L Mthimunye 99.93% Ord shares 0.07% Ord shares 23 598 216 Ord shares 30.70% Ord shares 0.47% Ord shares
100% Z share 0% Z share 39 273 200 Z share 51.09% Z share 0% Z share
4.4 – Re-election of Mr K Pillay 99.93% Ord shares 0.07% Ord shares 23 598 216 Ord shares 30.70% Ord shares 0.47% Ord shares
100% Z share 0% Z share 39 273 200 Z share 51.09% Z share 0% Z share
4.5 – Election of Mr A Khumalo 99.93% Ord shares 0.07% Ord shares 23 598 216 Ord shares 30.70% Ord shares 0.47% Ord shares
100% Z share 0% Z share 39 273 200 Z share 51.09% Z share 0% Z share
4.6 – Re-election of Mr CS Seabrooke 99.48% Ord shares 0.52% Ord shares 23 598 216 Ord shares 30.70% Ord shares 0.47% Ord shares
100% Z share 0% Z share 39 273 200 Z share 51.09% Z share 0% Z share
5 – Non-binding advisory vote on 99.48% Ord shares 0.52% Ord shares 23 598 016 Ord shares 30.70% Ord shares 0.48% Ord shares
Remuneration Policy * 100% Z share 0% Z share 39 273 200 Z share 51.09% Z share 0% Z share
6 – Non-binding advisory vote on 93.61% Ord shares 6.39% Ord shares 23 598 016 Ord shares 30.70% Ord shares 0.48% Ord shares
Remuneration Implementation Report * 100% Z share 0% Z share 39 273 200 Z share 51.09% Z share 0% Z share
7 – General authority to repurchase shares 99.93% Ord shares 0.07% Ord shares 23 598 216 Ord shares 30.70% Ord shares 0.47% Ord shares
100% Z share 0% Z share 39 273 200 Z share 51.09% Z share 0% Z share
8 – Authority to sign all documents required 99.93% Ord shares 0.07% Ord shares 23 598 216 Ord shares 30.70% Ord shares 0.47% Ord shares
100% Z share 0% Z share 39 273 200 Z share 51.09% Z share 0% Z share
Special Resolutions
1 – Approval of proposed non-executive 99.48% Ord shares 0.52% Ord shares 23 598 016 Ord shares 30.70% Ord shares 0.48% Ord shares
directors' remuneration for the year 100% Z share 0% Z share 39 273 200 Z share 51.09% Z share 0% Z share
ending 31 December 2026
* The Company was notified on 22 May 2026 that the Companies Act amendments, relating to remuneration disclosure and approval requirements, came into force with
immediate effect. The Notice of AGM and remuneration report were circulated to shareholders on 31 March 2026 and these remuneration resolutions were proposed as non-
binding resolutions. The AGM must be conducted in accordance with the law prevailing at the time of distribution of the Notice of AGM and, hence, the resolutions were put
to shareholders as set out in that notice.
The special resolution will, where necessary, be filed with the Companies and Intellectual Property Commission in due course.
Sandhurst
9 June 2026
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 09-06-2026 02:00:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
