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Results of annual general meeting

Published: 2023-02-06 17:15:37 ET

OCTODEC INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1956/002868/06)
JSE share code: OCT ISIN: ZAE000192258
(Approved as a REIT by the JSE)
(“Octodec” or “the company”)


RESULTS OF ANNUAL GENERAL MEETING


Shareholders are advised that at the annual general meeting of shareholders held on Friday, 3 February 2023 (in terms
of the notice of annual general meeting dispatched to shareholders on Friday, 9 December 2022), all of the resolutions
tabled thereat were passed by the requisite majority of Octodec shareholders.

Details of the results of voting at the annual general meeting are as follows:

- total number of Octodec shares that could have been voted at the annual general meeting: 266 197 535; and
- total number of Octodec shares that were present/represented at the annual general meeting: 192 604 087, being
  72.35% of the total number of Octodec shares that could have been voted at the annual general meeting.

  Special resolution 1: To approve financial assistance to related and inter-related companies

  Shares voted*                   For                             Against                        Abstentions^
  191 163 307, being 71.81%       191 149 645, being 99.99%       13 662, being 0.01%            1 440 780, being 0.54%

  Special resolution 2: To authorise the company and/or its subsidiaries to acquire its shares

  Shares voted*                   For                             Against                        Abstentions^
  191 169 807, being 71.82%       191 158 645, being 99.99%       11 162, being 0.01%            1 434 280, being 0.54%

  Special resolution 3: Approval of directors’ remuneration for the period 1 September 2023 to 31 August 2024

  Shares voted*                   For                             Against                        Abstentions^
  191 153 307, being 71.81%       156 616 107, being 81.93%       34 537 200, being 18.07%       1 450 780, being 0.55%

  Special resolution 4: Authority to issue shares to directors who elect the share reinvestment alternative

  Shares voted*                   For                             Against                        Abstentions^
  191 163 307, being 71.81%       191 149 645, being 99.99%       13 662, being 0.01%            1 440 780, being 0.54%

  Ordinary resolution 1.1: To re-elect Derek Cohen as a director

  Shares voted*                   For                             Against                        Abstentions^
  191 161 145, being 71.81%       156 534 609, being 81.89%       34 626 536, being 18.11%       1 442 942, being 0.54%

  Ordinary resolution 1.2: To re-elect Pieter Strydom as a director

  Shares voted*                   For                             Against                        Abstentions^
  191 161 145, being 71.81%       168 642 291, being 88.22%       22 518 854, being 11.78%       1 442 942, being 0.54%
Ordinary resolution 1.3: To re-elect Sharon Wapnick as a director

Shares voted*                  For                             Against                       Abstentions^
191 161 145, being 71.81%      159 243 937, being 83.30%       31 917 208, being 16.70%      1 442 942, being 0.54%

Ordinary resolution 2: To place the unissued shares under the directors’ control

Shares voted*                  For                             Against                       Abstentions^
191 169 807, being 71.82%      147 009 418, being 76.90%       44 160 389, being 23.10%      1 434 280, being 0.54%

Ordinary resolution 3: To approve the issue of shares for cash

Shares voted*                  For                             Against                       Abstentions^
191 169 807, being 71.82%      163 082 211, being 85.31%       28 087 596, being 14.69%      1 434 280, being 0.54%

Ordinary resolution 4.1: To approve the re-appointment of Louis van Breda as a member and chairman of the audit
committee

Shares voted*                  For                             Against                       Abstentions^
191 161 145, being 71.81%      188 318 849, being 98.51%       2 842 296, being 1.49%        1 442 942, being 0.54%

Ordinary resolution 4.2: To approve the re-appointment of Richard Buchholz as a member of the audit committee

Shares voted*                  For                             Against                       Abstentions^
191 161 145, being 71.81%      191 161 145, being 100%         -                             1 442 942, being 0.54%

Ordinary resolution 4.3: To approve the re-appointment of Derek Cohen as a member of the audit committee

Shares voted*                  For                             Against                       Abstentions^
191 161 145, being 71.81%      159 548 695, being 83.46%       31 612 450, being 16.54%      1 442 942, being 0.54%

Ordinary resolution 4.4: To approve the re-appointment of Pieter Strydom as a member of the audit committee

Shares voted*                  For                             Against                       Abstentions^
191 161 145, being 71.81%      166 653 320, being 87.18%       24 507 825, being 12.82%      1 442 942, being 0.54%

Ordinary resolution 5: To approve the re-appointment of auditors

Shares voted*                  For                             Against                       Abstentions^
191 154 645, being 71.81%      191 154 645, being 100%         -                             1 449 442, being 0.54%

Ordinary resolution 6: Specific authority to issue shares to afford shareholders distribution reinvestment alternatives

Shares voted*                  For                             Against                       Abstentions^
191 169 807, being 71.82%      191 161 145, being 100%         8 662, being 0.00%            1 434 280, being 0.54%
  Ordinary resolution 7: To provide signing authority

  Shares voted*                   For                             Against                    Abstentions^
  191 154 645, being 71.81%       191 154 645, being 100%         -                          1 449 442, being 0.54%

  Non-binding advisory vote 1: To endorse the remuneration policy

  Shares voted*                   For                             Against                    Abstentions^
  191 132 837, being 71.80%       168 373 321, being 88.09%       22 759 516, being 11.91%   1 471 250, being 0.55%

  Non-binding advisory vote 2: To endorse the remuneration implementation report

  Shares voted*                   For                             Against                    Abstentions^
  191 124 175, being 71.80%       168 373 321, being 88.10%       22 750 854, being 11.90%   1 479 912, being 0.56%
* shares voted (excluding abstentions) in relation to total shares in issue
^ in relation to total shares in issue

6 February 2023


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Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

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All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.