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Sanlam Limited (JSE:SLM) News - Results of Annual General Meeting
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Sanlam Limited
(Incorporated in the Republic of South Africa)
Registration number 1959/001562/06
JSE share code: SLM
NSX share code: SLA
A2X share code: SLM
ISIN: ZAE000070660
(“Sanlam” or the “Company”)
Results of the Sanlam Annual General Meeting - 2022
Shareholders are advised that the special and ordinary resolutions proposed in the notice to shareholders
dated 19 March 2022 were passed by the requisite majority of votes of shareholders present in person or
represented by proxy at the 24th annual general meeting held on Wednesday, 08 June 2022 at 14:00
(“Annual General Meeting”).
As at Friday, 28 May 2022, being the Annual General Meeting record date (“Voting Record Date”), the total
number of Sanlam ordinary shares of 1 cent each in issue was 2 185 984 136 (“Sanlam Issued Ordinary
Shares”).
The Sanlam ordinary shares eligible to vote by being present in person or by submitting proxies was
1 525 464 585, being 69.78% of Sanlam Issued Ordinary Shares.
The voting details with respect to the proposed resolutions were as follows:
1. Ordinary Resolution No 1 – Presenting the Sanlam Annual Reporting (incorporating the
Integrated Report, Corporate Governance Report, Remuneration Report and Annual Financial
Statements) for the year ended 31 December 2021
Ordinary Shares
Total Ordinary Shares voted
abstained
For (%)(1) Against (%)(1) Number %(2) %(2)
100.00 0.00 1,522,763,110 69.66 0.12
2. Ordinary Resolution No 2 – Re-appointment of Ernst & Young Inc. as independent auditors for
the 2022 financial year with Mr C du Toit as the individual and designated auditor
Ordinary Shares
Total Ordinary Shares voted
abstained
For (%)(1) Against (%)(1) Number %(2) %(2)
73.21 26.79 1,516,652,082 69.38 0.40
3. Ordinary Resolution No 3 – Re-appointment of KPMG Inc. as joint independent auditors with
effectfrom the 2022 financial year
Ordinary Shares
Total Ordinary Shares voted
abstained
For (%)(1) Against (%)(1) Number %(2) %(2)
99.47 0.53 1,512,840,982 69.21 0.58
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4. Ordinary Resolution No 4 – Appointment of PricewaterhouseCoopers Inc (PwC) as joint
independent auditors with effectfrom the 2022 financial year
Ordinary Shares
Total Ordinary Shares voted
abstained
For (%)(1) Against (%)(1) Number %(2) %(2)
99.99 0.01 1,523,437,426 69.69 0.09
5. Ordinary Resolution No 5 - Appointment of director
Ordinary
Total Ordinary Shares voted Shares
abstained
Director For Against
Number %(2) %(2)
(%)(1) (%)(1)
5.1 Ebenezer Essoka 99.10 0.90 1,523,396,606 69.69 0.09
5.2 Willem van Biljon 99.98 0.02 1,523,397,048 69.69 0.09
5.3 Ms Ndivhuwo 99.69 0.31 1,523,395,838 69.69 0.09
Manyonga
6. Ordinary Resolution No 6 – Re-election of directors
Ordinary
Total Ordinary Shares voted Shares
abstained
Director Against
For (%)(1) Number %(2) %(2)
(%)(1)
6.1 Patrice Motsepe 85.76 14.24 1,523,396,026 69.69 0.09
6.2 Shirley Zinn 92.63 7.37 1,523,396,026 69.69 0.09
7. Ordinary Resolution No 7 – Re-election of executive directors
Ordinary
Total Ordinary Shares voted Shares
abstained
Director Against
For (%)(1) Number %(2) %(2)
(%)(1)
7.1 AM Mukhuba 98.62 1.38 1,523,396,336 69.69 0.09
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8. Ordinary Resolution No 8 – Election of the members of Sanlam Audit, Actuarial and Finance
Committee (“Audit Committee”)
Ordinary
Total Ordinary Shares voted Shares
abstained
Directors Against
For (%)(1) Number %(2) %(2)
(%)(1)
8.1 AS Birrell 99.97 0.03 1,523,003,168 69.67 0.11
8.2 NAS Kruger 99.81 0.19 1,523,397,048 69.69 0.09
8.3 M Mokoka 98.51 1.49 1,523,395,785 69.69 0.09
8.4 JP Moller 88.72 11.28 1,512,813,755 69.21 0.58
8.5 K Nondumo 99.69 0.31 1,523,395,838 69.69 0.09
9. Ordinary Resolution No 9 – Advisory vote on the Company’s remuneration policy and the
remuneration implementation report
Ordinary
Total Ordinary Shares voted Shares
abstained
For Against
Number %(2) %(2)
(%)(1) (%)(1)
9.1 Remuneration policy 93.62 6.38 1,523,430,296 69.69 0.09
9.2 Remuneration 76.00 24.00 1,523,429,380 69.69 0.09
implementation report
10. Ordinary Resolution No 10 – To note the total amount of non-executive directors’ and
executivedirectors’ remuneration for the financial year ended 31 December 2021
Ordinary
Total Ordinary Shares voted Shares
abstained
For (%)(1) Against (%)(1) Number %(2) %(2)
99.93 0.07 1,523,435,578 69.69 0.09
11. Ordinary Resolution No 11 – To place unissued ordinary shares under the control of the directors
Ordinary
Total Ordinary Shares voted Shares
abstained
For (%)(1) Against (%)(1) Number %(2) %(2)
94.68 5.32 1,523,435,465 69.69 0.09
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12. Ordinary Resolution No 12 – General authority to issue shares for cash
Ordinary
Total Ordinary Shares voted Shares
abstained
For (%)(1) Against (%)(1) Number %(2) %(2)
94.53 5.47 1,523,437,426 69.69 0.09
13. Ordinary Resolution No 13 – To authorise any director of the Company and, where applicable, the
secretary of the Company (“Company Secretary”), to implement the aforesaid ordinary
resolutions and the undermentioned special resolutions
Ordinary
Total Ordinary Shares voted Shares
abstained
For (%)(1) Against (%)(1) Number %(2) %(2)
99.51 0.49 1,523,437,376 69.69 0.09
14. Special Resolution No 1 – Approval of the non-executive directors’ remuneration for their
services as directors
Ordinary
Total Ordinary Shares voted Shares
abstained
For (%)(1) Against (%)(1) Number %(2) %(2)
97.92 2.08 1,523,424,639 69.69 0.09
15. Special Resolution No 2 – Authority to the Company or a subsidiary of the Company to acquire
the Company’s securities
Ordinary
Total Ordinary Shares voted Shares
abstained
For (%)(1) Against (%)(1) Number %(2) %(2)
98.86 1.14 1,523,435,824 69.69 0.09
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16. Special Resolution No 3 – General authority to provide financial assistance in terms of section
44 of the Companies Act
Ordinary
Total Ordinary Shares voted Shares
abstained
For (%)(1) Against (%)(1) Number %(2) %(2)
98.54 1.46 1,521,108,018 69.58 0.20
17. Special Resolution No 4 – General authority to provide financial assistance in terms of section
45 of the Companies Act
Ordinary
Total Ordinary Shares voted Shares
abstained
For (%)(1) Against (%)(1) Number %(2) %(2)
99.38 0.62 1,523,210,360 69.68 0.10
(1) Expressed as a percentage of Sanlam voteable ordinary shares for each resolution.
(2) Expressed as a percentage of 2 185 984 136 Sanlam ordinary shares in issued as at the Voting
Record Date.
Group Company Secretary
Sana-Ullah Bray
Sana-ullah.bray@sanlam.co.za
Tygervalley
09 June 2022
Sponsor
The Standard Bank South Africa Limited
Date: 09-06-2022 10:45:00
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