MONTAUK HOLDINGS LIMITED - Results of The Annual General Meeting

Results of The Annual General Meeting

MONTAUK HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2010/017811/06)
(Share code: MNK & ISIN: ZAE000197455)
("MNK" or "the company")


RESULTS OF THE ANNUAL GENERAL MEETING


Shareholders are hereby advised that the results of the voting at the annual general meeting of
the Company held at 14:00, Thursday, 15 October 2020 at the registered offices of the Company,
Suite 801, 76 Regent Road, Sea Point (“AGM”), are as follows:

                                                 Votes
                                 Votes for       against
                                 resolution      resolution                 Number of
                                 as a            as a                       shares      Number of
                                 percentage      percentage                 voted at    shares
                                 of total        of total                   AGM as a    abstained
                                 number of       number of    Number of     percentag   as a
                                 shares          shares       shares        e of        percentage
 Resolutions proposed at         voted at        voted at     voted at      shares in   of shares
 the AGM                         AGM             AGM          AGM           issue       in issue
 

Ordinary resolution number
 1:
 Re-election of director:
 1.1: Re-election of director:        90.42%         9.58%    109 855 991      79.43%       9.36%
 Ms N B Jappie

 1.2: Re-election of director:        99.61%         0.39%    109 817 343      79.40%       9.39%
 Mr S F McClain

 1.3: Re-election of director:        99.47%         0.53%    109 817 343      79.40%       9.39%
 Mr K A van Asdalan

 Ordinary resolution                 100.00%         0.00%    109 855 991      79.43%       9.36%
 number 2:
 Re-appointment of auditor:
 BDO South Africa Inc

 Ordinary resolution number
 3:
 Re-appointment of audit and
 risk committee members
 3.1: Re-appointment of:              92.45%         7.55%    109 855 991      79.43%       9.36%
 Mr M H Ahmed
 3.2: Re-appointment of:              82.99%        17.01%    109 855 991      79.43%       9.36%
 Ms N B Jappie
 3.3: Re-appointment of:              92.57%         7.43%    109 855 991      79.43%       9.36%
 Mr B S Raynor

 Ordinary resolution                  81.24%        18.76%    103 860 991      75.09%      13.70%
 number 4:
 General authority over
 unissued shares

 Non-binding advisory vote             88.11%       11.89%    109 855 988       79.43%      9.36%
 number 1: Non-binding
 advisory endorsement of
 remuneration policy

 Non-binding advisory vote             91.50%        8.50%   109 855 988        79.43%      9.36%
 number 2: Non-binding
 advisory endorsement of
 remuneration implementation
 report

 Special resolution number 1:          76.77%       23.23%   109 855 988        79.43%      9.36%
 General authority to issue
 shares and options for cash

 Special resolution number 2:          90.42%        9.58%   109 855 991        79.43%      9.36%
 Approval of annual fees to be
 paid to non-executive
 directors

 Special resolution number 3:          90.99%       9.01%   109 855 991         79.43%      9.36%
 General authority to
 repurchase company shares

 Special resolution number 4:          95.41%       4.59%   103 860 991         75.09%     13.70%
 Shareholders’ general
 authority to provide financial
 assistance

 Ordinary resolution                  100.00%       0.00%   109 855 991         79.43%      9.36%
 number 5:
 Directors’ authority to
 implement company
 resolutions

Cape Town
16 October 2020

Sponsor: Investec Bank Limited

Date: 16-10-2020 02:05:00
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