Datatec Limited (JSE:DTC) News - Report on proceedings at the annual general meeting

Datatec Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1994/005004/06)
JSE Share code: DTC
ISIN: ZAE000017745
("Datatec")

REPORT ON PROCEEDINGS AT THE ANNUAL GENERAL MEETING

At the annual general meeting ("AGM" or "the meeting") of the shareholders of Datatec held on Wednesday, 27 July 2022, the special and ordinary resolutions proposed
at the AGM were unaltered from those reflected in the Notice of AGM and were approved by the requisite majority of votes.

During the past year, Datatec continued with its consultation process with shareholders on remuneration matters which is summarised in the Annual Report. The non-
binding advisory votes relating to remuneration have both exceeded the 75% support level referred to in the King Code.

The board will continue its consultation and engagement process with major shareholders.

DETAIL OF VOTING STATISTICS AT THE AGM
Datatec confirms the voting statistics from the AGM as follows:

 Total number of shares in issue                                                    221 745 341
 Treasury shares (excluded from voting)                                                       -
 Total number of shares represented (including proxies) at the AGM                  186 843 649
 Proportion of total voteable shares represented at the AGM                              84.26%



                                                                  Votes cast disclosed as a                      Shares voted              Shares
                                                                   percentage of the total                       disclosed as           abstained
                                                                   number of shares voted          Number of     a percentage      disclosed as a
                                                                       at the meeting           shares voted     of the total       percentage of
                                                                                                                       issued    the total issued
                                                                       For       Against                               shares              shares

  
  Ordinary resolution 1: Re-election of IP Dittrich                 99,59%         0,41%        186 372 358           84,05%               0,21%
  
  Ordinary resolution 2: Re-election of CRK Medlock                 99,56%         0,44%        186 372 358           84,05%               0,21%

  Ordinary resolution 3: Re-election of MJN Njeke                   84,53%        15,47%        186 372 358           84,05%               0,21%
                                                                     
  Ordinary resolution 4: Election of DS Sita                       100.00%         0,00%        186 372 358           84,05%               0,21%
                                                                       
  Ordinary resolution 5: Reappointment of independent
  auditors                                                          99,86%         0,14%        186 372 458           84,05%               0,21%
                                                   
  Ordinary resolution 6.1: Election of Audit, Risk and
  Compliance Committee member - MJN Njeke                           80,57%        19,43%        186 372 458           84,05%               0,21%
                            
  Ordinary resolution 6.2: Election of Audit, Risk and
  Compliance Committee member – DS Sita                            100.00%         0,00%        186 372 458           84,05%               0,21%  
                         
  Ordinary resolution 6.3: Election of Audit, Risk and
  Compliance Committee member - CRK Medlock                         99,64%         0,36%        186 372 458           84,05%               0,21% 
                       
  Ordinary resolution 7: Non-binding advisory vote on
  remuneration policy                                               95,60%         4,40%        186 372 358           84,05%               0,21%

  Ordinary resolution 8: Non-binding advisory vote on
  remuneration implementation                                       96,15%         3,85%        186 372 358           84,05%               0,21%

  Special resolution 1: Approval of non-executive directors’
  fees                                                              89,06%        10,94%        186 372 358           84,05%               0,21%

  Special resolution 2: Authority to provide financial
  assistance to any Group company                                   99,32%         0,68%        186 372 358           84,05%               0,21%

  Special resolution 3: General authority to repurchase
  shares                                                            95,97%         4,03%        186 110 072           83,93%               0,33%

  Ordinary resolution 9: Authority to sign all documents
  required                                                          99,87%         0,13%        186 372 358           84,05%               0,21%

The special resolutions will, where necessary, be lodged for registration with the Companies and Intellectual Property Commission in due course.

Sandton
27 July 2022

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 27-07-2022 05:00:00
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