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Results of annual general meeting

Published: 2023-10-03 17:50:26 ET

ELLIES HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2007/007084/06)
JSE share code: ELI ISIN: ZAE000103081
(“Ellies” or the “Company” or the “Group”)


RESULTS OF ANNUAL GENERAL MEETING


Shareholders are advised that at the annual general meeting of shareholders held on Tuesday, 3 October 2023 (in terms
of the notice dispatched on 31 August 2023), all of the resolutions tabled thereat were passed by the requisite majority
of Ellies’ shareholders.

Details of the voting results at the annual general meeting are as follows:
- total number of Ellies share in issue as at the date of the annual general meeting: 805 400 305
- total number of Ellies shares that were present/represented at the annual general meeting: 315 932 209 being 39.23%
  of the total number of Ellies shares that could have been voted at the annual general meeting.


  Special resolution 1: Issue of a general authority to provide financial assistance in terms of section 44 of the
  Companies Act

  Shares voted*                  For                            Against                      Abstentions^
  314 689 289, being 39.07%      313 241 561, being 99.54%      1 447 728, being 0.46%       1 242 920, being 0.15%

  Special resolution 2: Issue of a general authority to provide financial assistance in terms of section 45 of the
  Companies Act

  Shares voted*                  For                            Against                      Abstentions^
  314 689 289, being 39.07%      313 241 561, being 99.54%      1 447 728, being 0.46%       1 242 920, being 0.15%

  Special resolution 3: Approval of non-executive directors’ fees

  Shares voted*                  For                            Against                      Abstentions^
  314 716 789, being 39.08%      311 780 697, being 99.07%      2 936 092, being 0.93%       1 215 420, being 0.15%

  Ordinary resolution 1.1: Appointment of Mr Timothy Fearnhead as an Independent Non-Executive Director

  Shares voted*                  For                            Against                      Abstentions^
  314 737 467, being 39.08%      313 090 237, being 99.48%      1 674 230, being 0.52%       1 194 742, being 0.15%

  Ordinary resolution 1.2: Appointment of Mr Martin Kuscus as an Independent Non-Executive Director

  Shares voted*                  For                            Against                      Abstentions^
  314 541 527, being 39.05%      312 894 297, being 99.48%      1 647 230, being 0.52%       1 390 682, being 0.17%
Ordinary resolution 1.3: Appointment of Mr Francois Olivier as an Independent Non-Executive Director

Shares voted*                  For                            Against                      Abstentions^
314 737 467, being 39.08%      313 090 237, being 99.48%      1 647 230, being 0.52%       1 194 742, being 0.15%

Ordinary resolution 2.1: Appointment of members of the Audit and Risk Committee – Mr Edick Lehapa
(Chairperson)

Shares voted*                  For                            Against                      Abstentions^
314 737 467, being 39.08%      312 994 297, being 99.45%      1 743 170, being 0.55%       1 194 742, being 0.15%

Ordinary resolution 2.2: Appointment of members of the Audit and Risk Committee – Ms Sedzani Mudau

Shares voted*                  For                            Against                      Abstentions^
314 541 527, being 39.05%      312 994 297, being 99.51%      1 547 230, being 0.49%       1 390 682, being 0.17%

Ordinary resolution 2.3: Appointment of members of the Audit and Risk Committee – Mr Francois Olivier

Shares voted*                  For                            Against                      Abstentions^
314 687 467, being 39.07%      313 190 237, being 99.52%      1 497 230, being 0.48%       1 244 742, being 0.15%

Ordinary resolution 3: Approval to appoint RSM South Africa Incorporated and Mr Michael Steenkamp as auditors

Shares voted*                  For                            Against                      Abstentions^
314 493 349, being 39.05%      287 490 158, being 91.41%      27 003 191, being 8.59%      1438 860, being 0.18%

Ordinary resolution 4.1: Endorsement of the Company’s Remuneration Policy

Shares voted*                  For                            Against                      Abstentions^
313 756 189, being 38.96%      286 682 522, being 91.37%      27 073 667, being 8.63%      2 176 020, being 0.27%

Ordinary resolution 4.2: Endorsement of the Company’s Remuneration Implementation Report

Shares voted*                  For                            Against                      Abstentions^
313 756 189, being 38.96%      286 682 522, being 91.37%      27 073 667, being 8.63%      2 176 020, being 0.27%

Ordinary resolution 5: General authorisation to place unissued shares under the control of the directors

Shares voted*                  For                            Against                      Abstentions^
314 739 289, being 39.08%      286 856 544, being 91.14%      27 882 745, being 8.86%      1 192 920, being 0.15%
  Ordinary resolution 6: Authorisation of the directors or the Company Secretary to implement the special and ordinary
  resolutions

  Shares voted*                   For                             Against                   Abstentions^
  314 689 289, being 39.07%       313 167 025, being 99.52%       1 522 264, being 0.48%    1 242 920, being 0.15%
* shares voted (excluding abstentions) in relation to total shares in issue
^ in relation to total shares in issue

3 October 2023


Sponsor

Java Capital

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

Important disclosures

Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
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Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
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.