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NET 1 UEPS TECHNOLOGIES INC - Results of Net1 November 17, 2021 Annual General Meeting

Release Date: 17/11/2021 17:45
Code(s): NT1     PDF:  
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Results of Net1 November 17, 2021 Annual General Meeting

Net 1 UEPS Technologies, Inc.
Registered in the state of Florida, USA
(IRS Employer Identification No. 98-0171860)
Nasdaq share code: UEPS
JSE share code: NT1
LEI: 529900J4IZMWV4RDEB07
ISIN: US64107N2062
(“Net1,” or the “Company”)

Results of Net1 November 17, 2021 Annual General Meeting

The annual meeting of shareholders of Net1 was held on November 17, 2021.

Proposal No. 1—Election of Directors

All director nominees were elected and the votes cast were as follows:

                                                             Broker
                                                  Votes        non-
 Director                       Votes for      withheld       votes
 Kuben Pillay                  34,486,533       735,140   8,651,284
 Chris G.B. Meyer              34,402,921       818,752   8,651,284
 Alex M.R. Smith               32,218,624     3,003,049   8,651,284
 Antony C. Ball                33,479,590     1,742,083   8,651,284
 Nonku N. Gobodo               34,647,665       574,008   8,651,284
 Ian O. Greenstreet            33,612,010     1,609,663   8,651,284
 Javed Hamid                   34,623,241       598,432   8,651,284
 Lincoln Mali                  32,694,174     2,527,499   8,651,284
 Ali Mazanderani               33,628,193     1,593,480   8,651,284
 Monde Nkosi                   32,351,288     2,870,385   8,651,284
 Ekta Singh-Bushell            33,698,958     1,522,715   8,651,284

Proposal No. 2—Ratification of Selection of Independent Registered Public Accounting Firm

The ratification of the selection of Deloitte & Touche (South Africa) as the Company’s independent
registered public accounting firm for the fiscal year ending June 30, 2022, was approved and the
votes cast were as follows:

        Votes cast
For          Against        Abstain
43,831,768 32,715           8,474

Proposal No. 3—A Non-Binding Advisory Vote to Approve Executive Compensation

The compensation of the Company’s named executive officers was approved, on an advisory, non-
binding basis, and the votes cast were as follows:

        Votes cast
                                          Broker
For           Against      Abstain       non-votes
20,476,691    6,787,483    7,957,499     8,651,284

About Net1 (www.net1.com)
Net1 is a leading financial technology company that utilizes its proprietary banking and payment
technology to deliver on its mission of financial inclusion through the distribution of low-cost financial
and value-added services to underserved consumers and small businesses in Southern Africa, which
represents a significant segment of these economies. The Company also provides transaction
processing services, including being a payment processor and bill payment platform in South Africa.
Net1 leverages its strategic investments to further expand its product offerings or to enter new markets.

Net1 has a primary listing on NASDAQ (NasdaqGS: UEPS) and a secondary listing on the
Johannesburg Stock Exchange (JSE: NT1). Visit www.net1.com for additional information about Net1.

Investor Relations Contact:
Dara Dierks
Managing Director – ICR
Email: net1IR@icrinc.com

Media Relations Contact:
Bridget von Holdt
Co-Market Leader | MD – BCW
Phone: +27-82-610-0650
Email: Bridget.vonholdt@bcw-global.com

Johannesburg
November 17, 2021

Sponsor:
Rand Merchant Bank, a division of FirstRand Bank Limited

Date: 17-11-2021 05:45:00
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