Metair Investments Limited (JSE:MTA) News - Results of the annual general meeting

Metair Investments Limited
(Incorporated in the Republic of South Africa)
Registration number: 1948/031013/06
JSE share code: MTA
ISIN: ZAE000090692
(“Metair” or the “Company”)

RESULTS OF THE ANNUAL GENERAL MEETING

Metair shareholders (“Shareholders”) are advised that at the annual general meeting (“AGM”) of
Shareholders held on Thursday, 5 May 2022, all the ordinary and special resolutions, as set out in the
notice of AGM dated Wednesday, 16 March 2022, were approved by the requisite majority of
Shareholders present or represented by proxy.

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: Re-election of Mr CMD Flemming as a director

 Shares Voted              Abstained                For                      Against

 173 526 457               0.01%                    99.76%                   0.24%
 (87.21%)

Ordinary resolution number 2: Re-election of Mr S Sithole as a director

 Shares Voted              Abstained                For                      Against

 173 528 957               0.01%                    96.33%                   3.67%
 (87.21%)

Ordinary resolution number 3: Re-election of Mr MH Muell as a director

 Shares Voted              Abstained                For                      Against

 173 515 795               0.01%                    99.71%                   0.29%
 (87.20%)

Ordinary resolution number 4: Appointment of Ernst & Young Inc. (with the designated audit partner
being Mr D Venter) as independent auditors

 Shares Voted              Abstained                For                      Against

 173 530 807               0.01%                    99.39%                   0.61%
 (87.21%)

Ordinary resolution number 5: Re-election of audit and risk committee (the “Committee”) members

Ordinary resolution number 5(i): Ms B Mathews as chairperson of the Committee

 Shares Voted              Abstained                For                      Against

 173 528 957               0.01%                    100.00%                  0.00%
 (87.21%)

Ordinary resolution number 5(ii): Ms AK Sithebe as a member of the Committee

 Shares Voted              Abstained                For                      Against

 173 528 957               0.01%                    100.00%                  0.00%
 (87.21%)

Ordinary resolution number 5(iii): Mr B Mawasha as a member of the Committee

 Shares Voted              Abstained                For                      Against

 173 526 457               0.01%                    97.12%                   2.88%
 (87.21%)

Ordinary resolution number 6(a): Endorsement of the Company’s remuneration policy

 Shares Voted              Abstained                For                      Against

 173 528 607               0.01%                    90.17%                   9.83%
 (87.21%)

Ordinary resolution number 6(b): Endorsement of the Company’s remuneration implementation
report

 Shares Voted              Abstained                For                      Against

 173 528 235               0.01%                    88.09%                   11.91%
 (87.21%)

Special resolution number 1: Approval of the non-executive directors’ remuneration

 Shares Voted              Abstained                For                      Against

 173 388 041               0.08%                    100.00%                  0.00%
 (87.14%)

Special resolution number 2: Provision of financial assistance in terms of section 45 of the Companies
Act, No. 71 of 2008, as amended (“Companies Act”)

 Shares Voted              Abstained                For                      Against

 173 497 596               0.02%                    97.84%                   2.16%
 (87.19%)

Special resolution number 3: Provision of financial assistance in terms of section 44 of the Companies
Act

 Shares Voted              Abstained                For                      Against

 173 387 799               0.08%                    97.84%                   2.16%
 (87.14%)

Special resolution number 4: General authority to repurchase the Company’s securities

 Shares Voted              Abstained                For                      Against

 173 508 501               0.02%                    99.94%                   0.06%
 (87.20%)

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


Johannesburg
6 May 2022

Sponsor
One Capital

Date: 06-05-2022 12:04:00
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