CONDUIT CAPITAL LIMITED - Results of Annual General Meeting

Results of Annual General Meeting

Conduit Capital Limited
Incorporated in the Republic of South Africa
(Registration number 1998/017351/06)
Share code: CND   ISIN: ZAE000073128
(“Conduit Capital” or “the Company” or “the Group”)


RESULTS OF ANNUAL GENERAL MEETING


Shareholders are advised that, at the annual general meeting of Conduit Capital held on Monday, 18
January 2021, all the resolutions as set out in the notice of annual general meeting were passed by the
requisite majority of shareholders, save for:

    o   Ordinary resolution number 5.4: To confirm the appointment of Ms Rosetta Xaba as a member
        of the Audit and Risk Committee, which ordinary resolution was, further to the resignation of
        Ms Rosetta Xaba as announced on SENS on 4 January 2021, withdrawn prior to the
        commencement of the annual general meeting; and

    o   Ordinary resolution number 6: To confirm the re-appointment of BDO South Africa Incorporated
        as auditors of the Company, together with Ms Vianca Pretorius as the designated audit partner,
        which in terms of the Listings Requirements of JSE Limited, requires approval by a 50% majority 
        of votes cast by shareholders present or represented by proxy and entitled to vote.

The number of shares voted in person or by proxy was 429 743 944, representing 56.22% of the total
issued share capital of the same class of Conduit Capital shares.

The resolutions proposed at the annual general meeting, as well as the percentage of votes carried for
and against each resolution, together with the percentage of shares abstained, are set out in the table
below:

                                                                 % of votes   % of votes
                                                            carried for the  against the   % of shares
Resolution                                                       resolution   resolution     abstained
 
Ordinary resolution number 1: Adoption of annual
financial statements                                                   100%           0%         0.13%

Ordinary resolution number 2: Appointment of Ms
Nonzukiso Siyotula as director                                       99.66%        0.34%         0.13%

Ordinary resolution number 3: To confirm the re-
election of Mr William N Thorndike Jr, who retires by
rotation, as an independent non-executive director                   99.66%        0.34%            0%

Ordinary resolution number 4: To confirm the re-
election of Mr Leo CH Chou, who retires by rotation, as a
non-executive director                                               99.66%        0.34%            0%

Ordinary resolution number 5.1: To confirm the
appointment of Ms Nonzukiso Siyotula as Chairperson,
and as a member of the Audit and Risk Committee                      99.66%        0.34%         0.13%

Ordinary resolution number 5.2: To confirm the re-
appointment of Mr Ronald Napier as a member of the
Audit and Risk Committee                                             99.67%        0.34%         0.13%

Ordinary resolution number 5.3: To confirm the
appointment of Mr William N Thorndike Jr. as a member
of the Audit and Risk Committee                                      99.66%        0.34%            0%

Ordinary resolution number 5.4: To confirm the
appointment of Ms Rosetta Xaba as a member of the
Audit and Risk Committee                                                n/a          n/a           n/a

Ordinary resolution number 6: To confirm the re-
appointment of BDO South Africa Incorporated as
auditors of the Company, together with Ms Vianca
Pretorius as the designated audit partner                             1.02%       98.98%         0.68%

Ordinary resolution number 7.1: Approval of
remuneration policy                                                  99.66%        0.34%            0%

Ordinary resolution number 7.2: Approval of the
remuneration implementation report                                   99.66%        0.34%         0.13%

Ordinary resolution number 8: Control of authorised
but unissued ordinary shares                                         100.0%           0%         0.32%

Ordinary resolution 9: General issue of shares for cash              99.99%        0.01%         0.32%

Special resolution number 1: General approval to
acquire shares                                                       100.0%           0%         0.20%

Special resolution number 2: Loans or other financial
assistance to subsidiaries and other related or inter-
related companies                                                    100.0%           0%         0.13%

Special resolution number 3: Approval of non-executive
directors’ remuneration                                              100.0%           0%         0.14%

Ordinary resolution number 10: Signature of
documents                                                            100.0%           0%         0.32%


Johannesburg
19 January 2021

Sponsor
Merchantec Capital

Date: 19-01-2021 08:50:00
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