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Results of Annual General Meeting

Published: 2025-08-21 17:20:20 ET
<<<  go to JSE:TKG company page
Telkom SA SOC Limited
(Incorporated in the Republic of South Africa)
(Registration number 1991/005476/30)
JSE Share Code: TKG
JSE Bond Code: BITEL
ISIN: ZAE000044897
(“Telkom” or the “Company”)

RESULTS OF ANNUAL GENERAL MEETING

Shareholders are advised that the voting results for the Annual General Meeting (“AGM”) of Telkom held on Thursday, 21
August 2025 were as follows:

  Resolution                                      Number of      Percentage of        For**     Against**    Abstained
                                                    ordinary   ordinary shares         (%)           (%)        *** (%)
                                                      shares      in issue* (%)
                                                       voted
  Ordinary Resolution Number 1.1:                421 356 624             82.43        99.98          0.02          0.01
  Re-election of Mr. S Yoon as a director.
  Ordinary Resolution Number 1.2:                421 356 524             82.43       100.00          0.00          0.01
  Re-election of Ms. IO Selele as a
  director.
  Ordinary Resolution Number 1.3:                421 356 524             82.43        99.75          0.25          0.01
  Re-election of Mr. PCS Luthuli as a
  director.
  Ordinary Resolution Number 1.4:                421 356 524             82.43       100.00          0.00          0.01
  Re-election of Mr. SP Sibisi as a director.
  Ordinary Resolution Number 2.1:                421 356 624             82.43       100.00          0.00          0.01
  Election of Mr. KA Rayner as a member
  and chairperson of the audit committee.
  Ordinary Resolution Number 2.2:                421 356 624             82.43        99.75          0.25          0.01
  Election of Mr. PCS Luthuli as a
  member of the audit committee, subject
  to his re-election as a director pursuant
  to ordinary resolution 1.3.
  Ordinary Resolution Number 2.3:                421 356 624             82.43       100.00          0.00          0.01
  Election of Ms. KP Lebina as a member
  of the audit committee.
  Ordinary Resolution Number 2.4:                421 356 624             82.43        98.87          1.13          0.01
  Election of Prof. H Singh as a member of
  the audit committee.
  Ordinary Resolution Number 2.5:                421 356 624             82.43        99.02          0.98          0.01
  Election of Ms. O Ighodaro as a member
  of the audit committee.
  Ordinary Resolution Number 3.1:                421 356 624             82.43        99.53          0.47          0.01
  Election of Ms. EG Matenge-Sebesho as
  a member and chairperson of the social
  and ethics committee.
  Ordinary Resolution Number 3.2:                421 356 624             82.43        99.99          0.01          0.01
  Election of Ms. NS Dlamini as a member
  of the social and ethics committee.
     Ordinary Resolution Number 3.3:             421 356 624              82.43    99.94    0.06   0.01
     Election of Mr. B Kennedy as a member
     of the social and ethics committee.
     Ordinary Resolution Number 3.4:             421 356 624              82.43   100.00    0.00   0.01
     Election of Ms. IO Selele as a member of
     the social and ethics committee, subject
     to her re-election as a director pursuant
     to ordinary resolution 1.2.
     Ordinary Resolution Number 3.5:             421 356 624              82.43   100.00    0.00   0.01
     Election of Dr. SP Sibisi as a member of
     the social and ethics committee, subject
     to his re-election as a director pursuant
     to ordinary resolution 1.4.
     Ordinary Resolution Number 3.6:             421 356 624              82.43    99.99    0.01   0.01
     Election of Mr. S Taukobong as a
     member of the social and ethics
     committee.
     Ordinary Resolution Number 3.7:             421 356 624              82.43    99.96    0.04   0.01
     Election of Ms. MLB Msimang as a
     member of the social and ethics
     committee.
     Ordinary Resolution Number 4:               421 356 624              82.43    99.99    0.01   0.01
     Re-appointment                        of
     PricewaterhouseCoopers Inc. as the
     external auditor of the company and Ms.
     Sibabalwe Nangomso Madikane as the
     individual       designated      partner
     responsible for the audit.
     Ordinary Resolution Number 5.1:             421 356 624              82.43    97.87    2.13   0.01
     Non-binding advisory endorsement of
     the remuneration policy for the 2025
     financial year.
     Ordinary Resolution Number 5.2:             421 356 624              82.43    98.27    1.73   0.34
     Non-binding advisory endorsement of
     the implementation report for the 2025
     financial year.
     Ordinary Resolution Number 6:               421 356 624              82.43    89.23   10.77   0.01
     General authority for directors to allot
     and issue ordinary shares and/or grant
     options over ordinary shares.
     Special Resolution Number 1: General        421 356 624              82.43    86.36   13.64   0.01
     authority for directors to issue ordinary
     shares for cash.
     Special Resolution Number 2: General        421 356 624              82.43    98.84    1.16   0.01
     authority to repurchase ordinary shares.
     Special Resolution Number 3:                421 356 624              82.43    97.67    2.33   0.01
     Remuneration of non- executive
     directors.

*          Based on 511 140 239 shares in issue at the date of the AGM.
**         In relation to the total number of shares voted at the AGM.
***     In relation to the total number of shares in issue at the date of the AGM.

Based on the above voting results, all resolutions were passed by the requisite majority of Telkom shareholders
represented at the AGM.


21 August 2025

Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited