AFRISTRAT INVESTMENT HOLDINGS LIMITED - Results of the annual general meeting

AFRISTRAT INVESTMENT HOLDINGS LIMITED
(formerly Ecsponent Limited)
Incorporated in the Republic of South Africa
Registration number: 1998/013215/06
JSE Code: ATI - ISIN: ZAE000287587
Debt Issuer Code: ATID
Hybrid Issuer Code: ATIG





 Notes                        Series number       JSE Code             ISIN
 Fixed Rate Notes             1                   ATIFX1               ZAE000288908
                              2                   ATIFX2               ZAE000288924
                              3                   ATIFX3               ZAE000288940
                              4                   ATIFX4               ZAE000288916
                              5                   ATIFX5               ZAE000288932
                              6                   ATIFX6               ZAE000288957
 Floating Rate Notes          1                   ATIFL1               ZAE000288965
                              2                   ATIFL2               ZAE000288973
 Zero Coupon Notes            1                   ATIZR1               ZAE000288981
                              2                   ATIZR2               ZAE000288999

('Afristrat' or 'the Company')


RESULTS OF THE ANNUAL GENERAL MEETING



Afristrat is pleased to advise shareholders that all the ordinary and special resolutions set out in the notice
of Annual General Meeting, held today, 16 October 2020, were passed by the requisite number of ordinary
shareholders.


Afristrat has 59,445,880,668 ordinary shares in issue of which 19,534,523,919 shares were voted at the
Annual General Meeting, representing 32.86%.


 Resolutions                                   Shares voted                 Votes         Votes     Abstained
                                                                              For        Against
                                               Number         % (1)         % (2)         % (2)         % (1)
 Ordinary resolution number 1           19,123,944,489         32.17         97.95           2.05          0.70
 Re-elect KA Rayner as an
 independent non-executive
 director


 Ordinary resolution number 2           19,043,657,967         32.04         98.92           1.08          0.83
 Confirmation of appointment as
 director G Nyengedza


 Ordinary Resolution number 3           19,134,652,281         32.19         99.73           0.27          0.68
 Confirmation of appointment as
 director RMH Pitt


 Ordinary Resolution number 4           19,158,534,514         32.23         99.82           0.18          0.64
 Confirmation of appointment as
 director TJ de Kock


 Ordinary Resolution number 5           19,137,708,051         32.19         99.78           0.22          0.68
 Confirmation of appointment as
 director C Beetge


 Ordinary Resolution number 6           19,124,826,394         32.17         99.78           0.22          0.70
 Appoint RMH Pitt as a member of
 the Audit and Risk Committee


 Ordinary Resolution number 7           19,123,947,073         32.17         98.80           1.20          0.70
 Appoint G Nyengedza as a
 member of the Audit and Risk
 Committee


 Ordinary Resolution number 8          19,144,748,446          32.21         97.17           2.83          0.66
 Appoint KA Rayner as a member
 of the Audit and Risk Committee


 Ordinary Resolution number 9          19,038,322,868         32.03          99.44           0.56          0.84
 Re-appoint independent external
 auditors, Nexia SAB&T Chartered
 Accountants Incorporated


 Ordinary Resolution number 10         19,131,614,883         32.18          95.81           4.19          0.69
 Approve a general authority to
 issue all or any of the authorised
 but un-issued shares for cash as
 the directors in their discretion
 deem fit


 Non-binding advisory vote 1           18,527,157,221         31.17          98.28           1.72          1.70
 Confirm the group's remuneration
 policy


 Non-binding advisory vote 2           18,705,021,264         31.47          98.12           1.88          1.40
 Confirm the group's remuneration
 policy implementation plan


 Special Resolution number 1           18,683,170,184         31.43          96.61           3.39          1.44
 Approve non-executive directors'
 remuneration


 Special Resolution number 2           18,832,496,645         31.68          97.46           2.54          1.19
 Approve a general authority to
 enter into funding agreements,
 provide loans and other financial
 assistance
  

 Special Resolution number 3           19,179,167,307         32.26          98.36           1.64          0.61
 Approve a general authority to
 repurchase the Company's
 ordinary shares


 Special Resolution number 4           19,135,312,132       32.19            98.97           1.03          0.68
 Approve a general authority to
 repurchase the Company's
 preference shares


Notes:

1. As a percentage of total ordinary shares in issue.
2. As a percentage of shares voted.


For more information about this announcement or the Afristrat group, email
investor.relations@afristrat.ltd or visit https://wp.me/P9idbT-b.


Pretoria
16 October 2020

Sponsor
Questco Corporate Advisory Proprietary Limited

Date: 16-10-2020 05:14:00

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