SENS ANNOUNCEMENTS DETAILS
Sens Announcements – Details
Results of the Annual General Meeting
AFRICAN EQUITY EMPOWERMENT INVESTMENTS LIMITED (Incorporated in the Republic of South Africa) Registration number 1996/006093/06 Share code: AEE ISIN: ZAE000195731 ("AEEI" or "the Company")
RESULTS OF THE ANNUAL GENERAL MEETING
Shareholders are advised that:
• there were 491 022 434 shares in issue as at the date of the AGM; • the total number of shares that were present in person/represented by proxy at the AGM was 414 241 684 shares being 84,36% of the total number of shares in issue. • Abstentions are represented below as a percentage of total number of shares in issue while the shares voted for and against are represented below as a percentage of the shares voted.
Shareholders are further advised that the results of the voting at the annual general meeting of the Company held electronically at 14:00 on Thursday, 24 February 2022 (“AGM”) are as follows:
Votes Votes for against resolution resolution as a as a Number of Number of percentage percentage shares shares of total of total voted at abstained number of number of AGM as a as a Resolutions shares shares Number of percentage percentage proposed at the voted at voted at shares voted of shares in of shares in AGM AGM AGM at AGM issue issue Ordinary resolution number 1: To appoint the following Director: 81,78% 18,22% 413 940 684 84,30% 0,06% Ambassador Membathisi Mdladlana
Ordinary resolution number 2: To appoint the 81,78% 18,22% 413 950 684 84,30% 0,06% following Director: Stephen Nthite
Ordinary resolution number 3: To re- elect the following Director who retires 81,78% 18,22% 413 950 684 84,30% 0,06% by rotation: Aziza Amod
Ordinary resolution number 4: To re- elect the following Director who retires 81,78% 18,22% 413 950 684 84,30% 0,06% by rotation: Bongikhaya Qama
Ordinary resolution number 5: To appoint the following member of the audit and risk 81,77% 18,23% 413 685 684 84,25% 0,11% committee: Bongikhaya Qama
Ordinary resolution number 6: To appoint the following member of the audit and risk 81,78% 18,22% 413 950 684 84,30% 0,06% committee: Stephen Nthite
Ordinary resolution number 7: To re- appoint the following member of the audit and risk 99,99% 0,01% 413 368 434 84,19% 0,18% committee: Willem Raubenheimer
Ordinary resolution number 8: To appoint the following member of the social, ethics 81,63% 18,37% 413 950 684 84,30% 0,06% and transformation committee: Gaamiem Colbie
Ordinary resolution number 9: To appoint the following member of the social, ethics 81,77% 18,23% 413 685 684 84,25% 0,11% and transformation committee: Aziza Amod
Ordinary resolution number 10: To appoint the following member 81,78% 18,22% 413 940 684 84,30% 0,06% of the social, ethics and transformation committee: Ambassador Membathisi Mdladlana
Ordinary resolution number 11: To re- appoint the following member of the social, ethics 81,78% 18,22% 413 950 684 84,30% 0,06% and transformation committee: Bongikhaya Qama
Ordinary resolution number 12: To appoint joint auditors: Crowe 83,79% 16,21% 413 950 684 84,30% 0,06% JHB and THAWT Inc.
Ordinary resolution number 13: Control of authorised but unissued “B” 81,57% 18,43% 413 950 684 84,30% 0,06% ordinary shares
Ordinary resolution number 14: Approval to issue “B” ordinary shares 81,57% 18,43% 413 950 684 84,30% 0,06% and/or options for cash
Ordinary resolution number 15: Non- binding advisory vote on the Remuneration 81,57% 18,43% 413 950 684 84,30% 0,06% policy of the Company
Ordinary resolution number 16: Non- binding advisory vote on the Implementation of 81,57% 18,43% 413 950 684 84,30% 0,06% the remuneration policy of the Company
Ordinary resolution number 17: To give directors authority 84,00% 16,00% 413 950 684 84,30% 0,06% to sign documents
Special resolution 81,57% 18,43% 413 950 684 84,30% 0,06% number 1: To approve the remuneration of the non-executive Directors
Special resolution number 2: To approve inter- company financial 81,57% 18,43% 413 950 684 84,30% 0,06% assistance
Special resolution number 3: To approve financial assistance for the subscription or purchase of shares 81,78% 18,22% 413 950 684 84,30% 0,06% in the Company or in a related or inter- related company
Special resolution number 4: Approval for the Company or its subsidiaries to 81,78% 18,22% 413 950 684 84,30% 0,06% repurchase shares of the Company
Special resolution number 5: Approval for the amendment of the Memorandum of Incorporation of the 81,57% 18,43% 413 950 684 84,30% 0,06% Company in relation to distributions
The board of directors of the Company advises shareholders that, all the resolutions were duly approved by the requisite majority of shareholders present and voting.
Cape Town 25 February 2022
Joint Sponsor Vunani Capital
Joint Sponsor Merchantec Capital
Date: 25-02-2022 03:59:00
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