Kaap Agri Limited (JSE:KAL) News - Results Of The Annual General Meeting

KAAP AGRI LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2011/113185/06)
Share code: KAL
ISIN: ZAE000244711
(“Kaap Agri” or “the Company”)

RESULTS OF THE ANNUAL GENERAL MEETING

Shareholders are hereby advised that at the annual general meeting of the Company held at
12:30 p.m. today, Thursday, 10 February 2022 at the Conference Venue, Lemoenkloof Guest
House, 3 Malan Street, Paarl (“AGM”), all of the resolutions were passed by the requisite
majority of the Company’s shareholders.

Details of the results of the voting at the AGM are as follows:

                                     Votes
                       Votes for     against
                       resolution    resolution
                       as a          as a                         Number of      Number of
                       percentage    percentage                   shares         shares
                       of total      of total                     voted at       abstained
                       number of     number of      Number of     AGM as a       as a
Resolutions            shares        shares         shares        percentage     percentage
proposed at the        voted at      voted at       voted at      of shares in   of shares in
AGM                    AGM           AGM            AGM           issue*         issue*
 
Ordinary resolution    99.43%        0.57%          54 792 420    73.87%         0.01%
number 1:
Reappointment of
PwC Inc. as the
auditor
 
Ordinary resolution    100%          0%             54 792 420    73.87%         0.01%
number 2:
To re-elect Mr GM
Steyn as director

Ordinary resolution    99.45%        0.55%          54 792 420    73.87%         0.01%
number 3:
To re-elect Mr CA
Otto as director
 
Ordinary resolution    100%          0%             54 792 420    73.87%         0.01%
number 4:
To re-elect Mr I
Chalumbira as
director
 
Ordinary resolution    95.74%        4.26%          54 793 420    37.88%         0%
number 5:
To reappoint Mr CA
Otto as member of
the Audit and Risk
committee

Ordinary resolution    100%          0%             54 793 420    73.88%         0%
number 6:
To reappoint Mrs D
du Toit as member
of the Audit and
Risk committee

Ordinary resolution    99.98%        0.02%          54 793 420    73.88%         0%
number 7:
To reappoint Mr BS
du Toit as member
of the Audit and
Risk committee
 
Ordinary resolution    97.30%        2.70%          54 793 420    73.88%         0%
number 8:
Non-binding
endorsement of
Kaap Agri’s
remuneration policy

Ordinary resolution    99.99%        0.01%          54 793 420    73.88%         0%
number 9:
Non-binding
endorsement of
Kaap Agri’s
implementation
report on the
remuneration policy

Ordinary resolution    100%          0%             54 792 420    73.87%         0.01%
number 10:
General authority to
issue ordinary
shares for cash

Special resolution     99.99%        0.01%          54 791 920    73.87%         0.01%
number 1: 
Approval of non-
executive directors’
remuneration

Special resolution     99.97%        0.03%          54 792 920    73.87%         0.01%
number 2:
Share repurchases
by the Company
and its subsidiaries

Special resolution     99.99%        0.01%          54 791 920    73.87%         0.01%
number 3:
Inter-company
financial assistance
 
Special resolution     99.99%        0.01%          54 793 420    73.88%         0%
number 4:
Financial
assistance for the
subscription and/or
purchase of shares
in the Company or
a related or inter-
related company

Note:
*Total number of shares in issue as at the date of the AGM was 74 170 277, of which
3 889 282 were treasury shares.

Paarl
10 February 2022

Sponsor
PSG Capital

Date: 10-02-2022 05:00:00
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