Argent Industrial Limited
(Registration number 1993/002054/06)
(Incorporated in the Republic of South Africa)
Share Code: ART
ISIN: ZAE000019188
(“Argent” or “the Company”)


RESULTS OF THE ANNUAL GENERAL MEETING


Shareholders are hereby advised that at the annual general meeting of the Company held at
11:00 today, 19 August 2022, in the Company’s boardroom at First Floor, Ridge 63, 8 Sinembe
Crescent, La Lucia Ridge Office Estate, Umhlanga (“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
                              shares         shares        shares    percentage     percentage
 Resolutions                 voted at       voted at      voted at   of shares in   of shares in
 proposed at the AGM            AGM            AGM           AGM           issue*        issue*
 Ordinary resolution
 number 1:
 To re-elect Mr K
 Mapasa as an
 independent non-
 executive director             100%             0%     36 844 044       65.62%          0.06%
 Ordinary resolution
 number 2:
 To re-elect Mr PA
 Christofides as an
 independent non-
 executive director             100%             0%     36 844 044       65.62%          0.06%
 Ordinary resolution
 number 3:
 To re-elect Mr CD
 Angus as an
 independent non-
 executive director             100%             0%     36 844 044       65.62%          0.06%
 Ordinary resolution
 number 4:
 To appoint Mr PA
 Christofides as a
 member of the audit
 and risk committee             100%             0%     36 844 044       65.62%          0.06%
 Ordinary resolution
 number 5:
 To appoint Mr K
 Mapasa as a member             100%             0%     36 844 044       65.62%          0.06%
 of the audit and risk
 committee
 Ordinary resolution
 number 6:
 To appoint Mr CD
 Angus as a member of
 the audit and risk
 committee                    100%            0%    36 844 044       65.62%         0.06%
 Ordinary resolution
 number 7:
 To re-appoint the
 auditor, BDO South
 Africa Inc.                85.62%        14.38%    36 844 044       65.62%         0.06%
 Ordinary resolution
 number 8:
 Unissued shares
 placed under control of
 the directors                100%            0%    36 844 044       65.62%         0.06%
 Ordinary resolution
 number 9:
 Non-binding advisory
 vote on Argent’s
 remuneration policy        95.19%         4.81%    36 842 344       65.62%         0.06%
 Ordinary resolution
 number 10:
 Non-binding advisory
 vote on Argent’s
 implementation report
 on the remuneration
 policy                     95.19%         4.81%    36 842 344       65.62%         0.06%
 Special resolution
 number 1:
 Remuneration of non-
 executive directors          100%            0%    36 844 044       65.62%         0.06%
 Special resolution
 number 2: Inter-
 company loans                100%            0%    36 852 044       65.64%         0.04%
 Special resolution
 number 3: Share
 repurchases by the
 company and its
 subsidiaries                 100%            0%    36 852 044       65.64%         0.04%

Note:
*Total number of shares in issue as at the date of the AGM was 56 144 632, of which 847 195
were treasury shares.


Umhlanga
19 August 2022

Sponsor
PSG Capital