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Results of annual general meeting

Published: 2022-09-30 18:45:27 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 Friday, 30 September 2022 (in terms
of the notice dispatched on 31 August 2022), 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: 324 122 846 being 40.24%
  of the total number of Ellies shares that could have been voted at the annual general meeting.


  Special resolution 1: Issue of general authority for the Company to repurchase its own shares

  Shares voted*                  For                            Against                      Abstentions^
  323 273 949, being 40.14%      294 957 990, being 91.24%      28 315 959, being 8.76%      848 897, being 0.11%

  Special resolution 2: Issue of a general authority to provide financial assistance in terms of section 44 of the
  Companies Act

  Shares voted*                  For                            Against                      Abstentions^
  323 273 949, being 40.14%      320 931 030, being 99.28%      2 342 919, being 0.72%       848 897, being 0.11%

  Special resolution 3: Issue of a general authority to provide financial assistance in terms of section 45 of the
  Companies Act

  Shares voted*                  For                            Against                      Abstentions^
  323 273 949, being 40.14%      320 931 030, being 99.28%      2 342 919, being 0.72%       848 897, being 0.11%

  Special resolution 4: Approval of non-executive directors’ fees

  Shares voted*                  For                            Against                      Abstentions^
  323 260 179, being 40.14%      318 818 347, being 98.63%      4 441 832, being 1.37%       862 667, being 0.11%

  Ordinary resolution 1.1: Appointment of Mr Darren Kramer as an Independent Non-Executive Director

  Shares voted*                  For                            Against                      Abstentions^
  323 273 327, being 40.14%      321 770 745, being 99.54%      1 502 582, being 0.46%       849 519, being 0.11%
Ordinary resolution 1.2: Appointment of Ms Maya Makanjee as an Independent Non-Executive Director

Shares voted*               For                          Against                     Abstentions^
323 271 327, being 40.14%   319 904 744, being 98.96%    3 366 583, being 1.04%      851 519, being 0.11%

Ordinary resolution 1.3: Appointment of Ms Sedzani Mudau as an Independent Non-Executive Director

Shares voted*               For                          Against                     Abstentions^
323 273 327, being 40.14%   319 904 744, being 98.96%    3 368 583, being 1.04%      849 519, being 0.11%

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


Shares voted*               For                          Against                     Abstentions^
323 272 127, being 40.14%   321 025 744, being 99.31%    2 246 383, being 0.69%      850 719, being 0.11%

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


Shares voted*               For                          Against                     Abstentions^
323 272 127, being 40.14%   320 905 744, being 99.27%    2 366 383, being 0.73%      850 719, being 0.11%

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


Shares voted*               For                          Against                     Abstentions^
323 272 127, being 40.14%   321 770 745, being 99.54%    1 501 382, being 0.46%      850 719, being 0.11%

Ordinary resolution 2.4: Appointment of members of the Audit and Risk Committee – Mr Edward Raff


Shares voted*               For                          Against                     Abstentions^
323 272 127, being 40.14%   321 770 745, being 99.54%    1 501 382, being 0.46%      850 719, being 0.11%

Ordinary resolution 3: Approval to re-appoint BDO South Africa Incorporated and Mr Mohamed Zakaria Sadek as
auditors


Shares voted*               For                          Against                     Abstentions^
323 273 949, being 40.14%   322 237 567, being 99.68%    1 036 382, being 0.32%      848 897, being 0.11%

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


Shares voted*               For                          Against                     Abstentions^
323 181 846, being 40.13%   292 451 008, being 90.49%    30 730 838, being 9.51%     941 000, being 0.12%
  Ordinary resolution 4.2: Endorsement of the Company’s Remuneration Implementation Report

  Shares voted*                   For                             Against                    Abstentions^
  322 309 679, being 40.02%       293 442 903, being 91.04%       28 866 776, being 8.96%    1 813 167, being 0.23%

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

  Shares voted*                   For                             Against                    Abstentions^
  323 271 949, being 40.14%       293 713 330, being 90.86%       29 558 619, being 9.14%    850 897, being 0.11%

  Ordinary resolution 6: Authorisation of the directors of the Company Secretary to implement the special and ordinary
  resolutions


  Shares voted*                   For                             Against                    Abstentions^
  322 406 948, being 40.03%       320 035 671, being 99.26%       2 371 277, being 0.74%     1 715 898, being 0.21%
* shares voted (excluding abstentions) in relation to total shares in issue
^ in relation to total shares in issue

30 September 2022


Sponsor

Java Capital

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.