Enhanced Investments - Financial Portal

Results of annual general meeting

Published: 2022-11-10 13:15:26 ET

York Timber Holdings Limited
Incorporated in the Republic of South Africa
Registration number: 1916/004890/06
JSE share code: YRK
ISIN: ZAE000133450
(“York” or the “Company”)

                            RESULTS OF ANNUAL GENERAL MEETING

York shareholders (“Shareholders”) are advised that at the annual general meeting (“AGM”) of
Shareholders held on Wednesday, 9 November 2022, all the ordinary and special resolutions as set
out in the notice of AGM dated 20 September 2022, were approved by the requisite majority of
Shareholders present or represented by proxy, save for:

-     ordinary resolution number 4.3 which was withdrawn from consideration at the AGM (as detailed in
      the announcement published on SENS on Monday, 7 November 2022); and
-     ordinary resolution number 6.

All resolutions proposed at the AGM, together with the percentage of shares abstained, as well as the
percentage of votes carried for and against each resolution, are as follows:

Ordinary resolution number 1: Adoption of the consolidated and separate annual financial statements
for the year ended 30 June 2022

    Shares Voted            Abstained               For                      Against
    238 426 284             0.02%                   100.00%                  0.00%
    71.98%


Ordinary resolution number 2: Re-election and appointment of directors (by separate resolutions)

Ordinary resolution number 2.1: Maxwell Nyanteh

    Shares Voted           Abstained                For                       Against
    238 426 284            0.02%                    100.00%                   0.00%
    71.98%


Ordinary resolution number 2.2: Andries Brink

    Shares Voted           Abstained                For                       Against
    238 426 284            0.02%                    100.00%                   0.00%
    71.98%


Ordinary resolution number 2.3: Hetisani Mbanyele-Ntshinga

    Shares Voted            Abstained               For                       Against
    238 426 284             0.02%                   100.00%                   0.00%
    71.98%
Ordinary resolution number 2.4: Nonzukiso Siyotula

 Shares Voted            Abstained                For                    Against
 238 426 284             0.02%                    100.00%                0.00%
 71.98%


Ordinary resolution number 2.5: Alton Solomons

 Shares Voted            Abstained                For                    Against
 230 935 731             2.28%                    100.00%                0.00%
 69.72%


Ordinary resolution number 2.6: Adrian Zetler

 Shares Voted            Abstained                For                    Against
 238 426 284             0.02%                    100.00%                0.00%
 71.98%


Ordinary resolution number 3: Re-appointment of the external auditor, PricewaterhouseCoopers
Inc. (with Mr Schalk Barnard being the designated external audit partner)

 Shares Voted            Abstained               For                     Against
 238 426 284             0.02%                   100.00%                 0.00%
 71.98%


Ordinary resolution number 4: Re-election and election of the Audit Committee members (by
separate resolutions)

Ordinary resolution number 4.1: Maxwell Nyanteh

 Shares Voted            Abstained               For                     Against
 238 426 284             0.02%                   100.00%                 0.00%
 71.98%


Ordinary resolution number 4.2: Andries Brink

 Shares Voted            Abstained               For                     Against
 238 426 284             0.02%                   100.00%                 0.00%
 71.98%


Ordinary resolution number 4.4: Adrian Zetler

 Shares Voted            Abstained                For                    Against
 238 426 284             0.02%                    80.83%                 19.17%
 71.98%
Ordinary resolution number 5.1: Endorsement of the Company’s remuneration policy

 Shares Voted            Abstained               For                       Against
 236 704 284             0.54%                   94.06%                    5.94%
 71.46%


Ordinary resolution number 5.2: Endorsement of the Company’s remuneration implementation report

 Shares Voted            Abstained               For                       Against
 236 704 284             0.54%                   94.15%                    5.85%
 71.46%


Ordinary resolution number 6: General authority to issue shares for cash

 Shares Voted            Abstained               For                       Against
 238 426 284             0.02%                   70.48%                    29.52%
 71.98%


Ordinary resolution number 7: Placing authorised but unissued shares under the control of the
board of directors (“Board”)

 Shares Voted            Abstained               For                       Against
 238 426 284             0.02%                   70.38%                    29.62%
 71.98%


Special resolution number 1: Approval of the remuneration of non-executive directors (by separate
resolutions) for the period January 2023 to December 2023

Special resolution number 1.1: Chairperson of the Board

 Shares Voted            Abstained                For                      Against
 238 424 284             0.02%                    100.00%                  0.00%
 71.98%


Special resolution number 1.2: Board members

 Shares Voted            Abstained                For                      Against
 238 424 284             0.02%                    100.00%                  0.00%
 71.98%


Special resolution number 1.3: Chairpersons of Board committees

 Shares Voted            Abstained                For                      Against
 238 424 284             0.02%                    100.00%                  0.00%
 71.98%
Special resolution number 1.4: Board committee members

    Shares Voted             Abstained                 For                       Against
    238 424 284              0.02%                     100.00%                   0.00%
    71.98%


Special resolution number 1.5: Chairperson of the Board (for the period 21 June 2022 to
31 December 2022)

    Shares Voted             Abstained                 For                       Against
    238 424 284              0.02%                     100.00%                   0.00%
    71.98%


Special resolution number 2: Authority to issue shares in terms of section 41(1) of the Companies
Act, No. 71 of 2008 (“Companies Act”)

    Shares Voted             Abstained                 For                       Against
    238 426 284              0.02%                     76.19%                    23.81%
    71.98%


Special resolution number 3: Authority to issue shares in terms of section 41(3) of the Companies
Act

    Shares Voted             Abstained                 For                       Against
    238 426 284              0.02%                     76.19%                    23.81%
    71.98%


Notes
-     Percentages of shares voted are calculated in relation to the total issued share capital of York.
-     Percentages of shares for and against are calculated in relation to the total number of shares voted
      for each resolution.
-     Abstentions are calculated as a percentage in relation to the total issued share capital of York.


Sabie, Mpumalanga
10 November 2022

Sponsor
One 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.