Investec Limited (JSE:INL) News - Results of Annual General Meetings of Investec Limited and Investec plc Investec Limited Investec plc Incorporated in the Republic of South Africa Incorporated in England and Wales Registration number 1925/002833/06 Registration number 3633621 JSE share code: INL LSE share code: INVP JSE Hybrid code: INPR JSE share code: INP JSE debt code: INLV ISIN: GB00B17BBQ50 NSX share code: IVD LEI: 2138007Z3U5GWDN3MY22 BSE share code: INVESTEC ISIN: ZAE000081949 LEI: 213800CU7SM6O4UWOZ70 (jointly “Investec”) As part of the dual listed company structure, Investec plc and Investec Limited notify both the London Stock Exchange and the JSE Limited of matters which are required to be disclosed under the Disclosure Guidance and Transparency Rules, and Listing Rules of the Financial Conduct Authority (the “FCA”) and/or the JSE Listings Requirements. Accordingly, we advise of the following: Results of Annual General Meetings of Investec Limited and Investec plc (the “AGMs”) The AGMs were held on 04 August 2022. As required by the dual listed company structure, all resolutions were treated as Joint Electorate Actions and were decided on a poll. All resolutions at both meetings were passed by the required majority. Resolutions 1 to 18, 20 to 27 and 33 to 39 were passed as ordinary resolutions. Resolutions 28 to 32 and resolutions 40 and 41 were passed as special resolutions. The voting results of the Joint Electorate Actions are identical and are given below: Total Votes Votes Withheld Cast as % of % of as a % of Votes Total Votes a % of Votes Resolution Votes For Votes Votes the Against Cast the Withheld Cast Cast Ordinary Ordinary Shares in Shares Issue in Issue Common Business: Investec plc and Investec Limited Re-election of Henrietta 1 Baldock 829,045,446 99.73% 2,209,584 0.27% 831,255,030 82.71% 0.13% 1,348,013 Re-election of Zarina 2 Bassa 743,516,999 89.47% 87,545,783 10.53% 831,062,782 82.69% 0.15% 1,540,261 Re-election of Philip 3 Hourquebie 815,683,492 98.13% 15,571,538 1.87% 831,255,030 82.71% 0.13% 1,348,013 Re-election of Stephen 4 Koseff 755,872,614 90.93% 75,384,331 9.07% 831,256,945 82.71% 0.13% 1,346,098 Re-election of Nicky 5 Newton-King 828,979,808 99.73% 2,275,361 0.27% 831,255,169 82.71% 0.13% 1,347,874 Re-election of Jasandra 6 Nyker 829,044,528 99.73% 2,210,426 0.27% 831,254,954 82.71% 0.13% 1,348,089 Re-election of Nishlan 7 Samujh 822,039,893 98.88% 9,280,975 1.12% 831,320,868 82.72% 0.13% 1,282,175 Re-election of Khumo 8 Shuenyane 751,600,921 90.42% 79,654,033 9.58% 831,254,954 82.71% 0.13% 1,348,089 Re-election of Philisiwe 9 Sibiya 826,137,266 99.38% 5,119,510 0.62% 831,256,776 82.71% 0.13% 1,346,267 Re-election of Brian 10 Stevenson 828,982,564 99.73% 2,272,581 0.27% 831,255,145 82.71% 0.13% 1,347,898 11 Re-election of Fani Titi 824,797,440 99.22% 6,457,514 0.78% 831,254,954 82.71% 0.13% 1,348,089 Re-election of Richard 12 Wainwright 756,653,105 91.06% 74,242,331 8.94% 830,895,436 82.68% 0.17% 1,707,607 Re-election of Ciaran 13 Whelan 756,587,358 91.06% 74,308,147 8.94% 830,895,505 82.68% 0.17% 1,707,561 14 Election of Vanessa Olver 830,916,539 99.96% 337,542 0.04% 831,254,081 82.71% 0.13% 1,348,962 Approval of the DLC directors’ remuneration 15 815,109,095 98.05% 16,173,486 1.95% 831,282,581 82.72% 0.13% report for the year ended 31 1,320,584 March 2022 Approval of an amendment 16 to the DLC directors' 829,497,737 99.79% 1,769,898 0.21% 831,267,635 82.71% 0.13% 1,335,530 remuneration policy Approval of the DLC 17 directors’ remuneration 748,162,235 90.00% 83,105,034 10.00% 831,267,269 82.71% 0.13% policy 1,335,896 Authority to take action in 18 831,247,791 100.00% 30,176 0.00% 831,277,967 82.72% 0.13% respect of the resolutions 1,325,076 Ordinary business: Investec Limited Presentation of the audited 19 financial statements for the Non-voting year ended 31 March 2022 Sanction of the interim 20 dividend paid on the 831,312,803 100.00% 10,366 0.00% 831,323,169 82.72% 0.13% 1,279,746 ordinary shares Sanction of the interim 21 dividend paid on the SA 831,312,186 100.00% 10,545 0.00% 831,322,731 82.72% 0.13% 1,280,184 DAS share Approval of the final dividend on the ordinary 22 824,476,767 99.18% 6,846,145 0.82% 831,322,912 82.72% 0.13% shares and the SA DAS 1,280,003 share Re-appointment of Ernst the unissued non-redeemable, non-cumulative, non- participating preference shares (perpetual preference shares); the unissued non- 26 redeemable, non- 759,132,617 91.32% 72,187,344 8.68% 831,319,961 82.72% 1,283,082 0.13% cumulative, non- participating preference shares (non-redeemable programme preference shares); and the redeemable, non- participating preference shares (redeemable programme preference shares) Authority to issue the unissued special 27 826,470,956 99.51% 4,066,945 0.49% 830,537,901 82.64% 2,065,142 0.21% convertible redeemable preference shares Authority to acquire 28 814,657,864 98.25% 14,518,368 1.75% 829,176,232 82.51% 3,426,811 0.34% ordinary shares Authority to acquire any redeemable, non- participating preference shares and non- 29 826,213,961 99.55% 3,739,966 0.45% 829,953,927 82.58% 2,649,139 0.26% redeemable, non- cumulative, non- participating preference shares 30 Financial assistance 821,054,159 98.81% 9,870,587 1.19% 830,924,746 82.68% 1,378,297 0.14% Approval of the non- 31 executive directors’ 821,701,968 98.85% 9,564,770 1.15% 831,266,738 82.71% 1,336,255 0.13% remuneration Amendment to the Investec Limited 32 831,167,401 99.98% 150,106 0.02% 831,317,507 82.72% 1,285,536 0.13% Memorandum of Incorporation Ordinary Business: Investec plc Receive the audited 33 financial statements for the 823,810,334 99.65% 2,873,934 0.35% 826,684,268 82.26% 5,918,897 0.59% year ended 31 March 2022 Sanction of the interim 34 dividend paid on the 827,796,409 99.66% 2,784,294 0.34% 830,580,703 82.65% 2,022,462 0.20% ordinary shares Approval of the final 35 dividend on the ordinary 830,404,637 99.98% 175,944 0.02% 830,580,581 82.65% 2,022,462 0.20% shares Re-appointment of Ernst & 36 810,333,615 97.57% 20,222,954 2.43% 830,556,569 82.64% 2,022,475 0.20% Young LLP as auditors Authority for the Investec plc Audit Committee to set 37 829,720,264 99.90% 817,299 0.10% 830,537,563 82.64% 2,064,420 0.21% the remuneration of the company’s auditors 38 Political donations 585,512,274 70.50% 244,965,122 29.50% 830,477,396 82.64% 2,125,769 0.21% Special Business: Investec plc Authority to allot shares 39 818,168,135 98.60% 11,624,083 1.40% 829,792,218 82.57% 2,810,825 0.28% and other securities Authority to purchase 40 828,318,137 99.99% 114,321 0.01% 828,432,458 82.43% 4,170,585 0.41% ordinary shares Authority to purchase 41 824,632,520 99.86% 1,150,315 0.14% 825,782,835 82.17% 4,713,816 0.47% preference shares The Board notes that at today’s AGMs the following resolution passed with a less than 80% majority: resolution 38 (political donations). Commenting on the less than 80% vote received for authority to make political donations and to incur political expenditure As set out in the notices to the AGMs, Investec plc does not give any money for political purposes in the UK nor does it make any donations to UK political organisations or incur UK political expenditure. However, the definitions of political donations and political expenditure used in the UK Companies Act 2006 are very wide. In line with UK market practice, the authority is therefore requested only as a precautionary measure to ensure that Investec plc and any company which is or becomes a subsidiary of Investec plc does not inadvertently breach the relevant provisions of the UK Companies Act. Other information As at the date of the AGMs, Investec plc’s issued capital consists of 696,082,618 ordinary shares of GBP0.0002 each and Investec Limited’s issued capital consists of 308,907,870 ordinary shares of ZAR0.0002 each. In accordance with the dual listed companies’ structure, the aggregate number of voting rights which may be exercised at the AGMs was 1,004,990,488. Votes withheld are not votes in law and have not been counted in the calculation of the proportion of votes 'for' or 'against' a resolution. Proxy appointments which gave discretion to the Chair have been included in the 'for' total. Document regarding Resolutions passed at the Shareholder Meetings on 04 August 2022: - Copies of all resolutions passed as special business at the Shareholder Meetings on 04 August 2022, pursuant to Listing Rule 9.6.2, will be submitted to the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism David Miller Niki van Wyk Company Secretary Company Secretary Investec plc Investec Limited Johannesburg and London Date: 04 August 2022 Sponsor: Investec Bank Limited Date: 04-08-2022 04:30:00 Produced by the JSE SENS Department. 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