Insimbi Industrial Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number: 2002/029821/06)
Share code: ISB
ISIN: ZAE000116828
(“Insimbi” or “the Company”)


RESULTS OF THE ANNUAL GENERAL MEETING


Shareholders are hereby advised that at the annual general meeting of the Company held via
a remote interactive electronic platform today, 6 July 2022 at 10:00 (“AGM”), all of the
resolutions were passed by the requisite majorities of the Company’s shareholders.

Details of the results of the voting at the 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      Number of      AGM as a             as a
 Resolutions               shares         shares         shares    percentage     percentage
 proposed at the          voted at       voted at       voted at   of shares in   of shares in
 AGM                         AGM            AGM            AGM           issue*        issue*
 Ordinary resolution
 number 1:
 Adoption of annual
 financial
 statements                99.99%           0.01%    307 737 180       73.00%          0.08%
 Ordinary resolution
 number 2:
 Confirmation of
 appointment of Ms
 IP Mogotlane              95.82%           4.18%    307 737 180       73.00%          0.08%
 Ordinary resolution
 number 3:
 Appointment of Mr
 RI Dickerson to the
 Audit and Risk
 Committee                 95.82%           4.18%    307 737 180       73.00%          0.08%
 Ordinary resolution
 number 4:
 Appointment of Ms
 IP Mogotlane to the
 Audit and Risk
 Committee                 95.82%           4.18%    307 737 180       73.00%          0.08%
 Ordinary resolution
 number 5:
 Appointment of Ms
 CS Ntshingila to          95.82%           4.18%    307 737 180       73.00%          0.08%
the Audit and Risk
Committee
Ordinary resolution
number 6:
Appointment of
Moore Cape Town
Inc. as external
auditor                99.99%   0.01%   307 737 180   73.00%   0.08%
Ordinary resolution
number 7:
Indemnification of
directors              99.98%   0.02%   307 736 490   73.00%   0.08%
Ordinary resolution
number 8:
General authority to
issue shares or
options for cash       91.38%   8.62%   307 737 180   73.00%   0.08%
Non-binding
advisory vote 1:
Remuneration
policy                 95.81%   4.19%   307 737 180   73.00%   0.08%
Non-binding
advisory vote 2:
Implementation
report                 99.97%   0.03%   307 737 180   73.00%   0.08%
Special resolution
number 1:
Approval of non-
executive directors’
fees                   99.95%   0.05%   307 736 490   73.00%   0.08%
Special resolution
number 2:
General approval to
repurchase
company shares         91.38%   8.62%   307 737 180   73.00%   0.08%
Special resolution
number 3:
Loans or financial
assistance to
subsidiaries and
related or inter-
related companies
in terms of Section
45(2) and 45(3)        99.98%   0.02%   307 736 490   73.00%   0.08%
Special resolution
number 4:
Loans or financial
assistance to
subsidiaries and
related or inter-
related companies
in terms of Section    99.98%   0.02%   307 736 490   73.00%   0.08%
 44(3)(a)(ii), 44(1)
 and 44(2).

Note:
*Total number of shares in issue as at the date of the AGM was 421 538 462.


Johannesburg
6 July 2022

Sponsor
PSG Capital