Bid Corporation Limited (JSE:BID) News - Report on proceedings at the 2021 Annual General Meeting Bid Corporation Limited (Incorporated in the Republic of South Africa) Registration number: 1995/008615/06 Share code: BID ISIN: ZAE000216537 (“Bidcorp” or “the Company”) REPORT ON PROCEEDINGS AT THE 2021 ANNUAL GENERAL MEETING At the annual general meeting (“Annual General Meeting” or “the meeting”) of the shareholders of Bidcorp held today, Thursday, November 25th 2021, the ordinary and special resolutions proposed at the meeting were unaltered from that reflected in the Notice of Annual General Meeting and were approved by the requisite majority of votes. Total number of shares in issue 335,404,212 Treasury shares (excluded from voting) 1,195,242 Total number of shares (“voteable shares”) 334,208,970 Total number of shares represented (including proxies) at the meeting 270,576,018 Proportion of total voteable shares represented at the meeting 80,96% Votes cast disclosed as a Shares voted Shares abstained percentage of the total disclosed as a disclosed as a Resolution number of shares voted at Number of percentage of percentage of the Shares Voted the meeting the total issued total issued shares shares For Against Ordinary resolution number 1: Reappointment of external 100.00% 0.00% 269,838,649 80.45% 0.22% 1 auditor Ordinary resolution number 2.1: Directorate - KR Moloko 100.00% 0.00% 269,838,242 80.45% 0.22% 2 Ordinary resolution number 2.2: Directorate - BL Berson 100.00% 0.00% 269,838,342 80.45% 0.22% 3 Ordinary resolution number 2.3: Directorate - NG Payne 82.24% 17.76% 269,838,342 80.45% 0.22% 4 Ordinary resolution number 2.4: Directorate - CJ Rosenberg 98.74% 1.26% 269,838,342 80.45% 0.22% 5 Ordinary resolution number 3.1: Election of audit and risk 95.83% 4.17% 269,838,342 80.45% 0.22% 6 committee member - T Abdool-Samad Ordinary resolution number 3.2: Election of audit and risk 84.17% 15.83% 269,838,242 80.45% 0.22% 7 committee member - PC Baloyi Ordinary resolution number 3.3: Election of audit and risk 8 99.40% 0.60% 269,838,242 80.45% 0.22% committee member - KR Moloko Ordinary resolution number 3.4: Election of audit and risk 9 83.25% 16.75% 269,838,342 80.45% 0.22% committee member - NG Payne Ordinary resolution number 3.5: Election of audit and risk 10 98.79% 1.21% 269,080,201 80.23% 0.45% committee member - H Wiseman Ordinary resolution number 4.1: Endorsement of Bidcorp 11 91.43% 8.57% 269,833,595 80.45% 0.22% remuneration policy - Remuneration policy Ordinary resolution number 4.2: Endorsement of Bidcorp 12 95.15% 4.85% 268,327,016 80.00% 0.67% remuneration policy - Implementation of remuneration policy Ordinary resolution number 5: General authority to directors to 13 86.97% 13.03% 269,838,972 80.45% 0.22% allot and issue authorised but unissued ordinary shares Ordinary resolution number 6: General authority to issue shares 14 87.23% 12.77% 269,838,649 80.45% 0.22% for cash Ordinary resolution number 7: Payment of dividend by way of 15 99.89% 0.11% 269,839,279 80.45% 0.22% pro rata reduction of stated capital Ordinary resolution number 8: Creation and issue of convertible 16 88.26% 11.74% 269,555,340 80.37% 0.30% debentures 17 Ordinary resolution number 9: Directors’ authority to implement 99.86% 0.14% 269,839,163 80.45% 0.22% special and ordinary resolutions Special resolution number 1: General authority to acquire 18 (repurchase) shares 99.03% 0.97% 269,822,067 80.45% 0.22% Special resolution number 2.1: Approval of non-executive 19 99.57% 0.43% 269,832,335 80.45% 0.22% directors’ annual fees – 2021/2022: Chairman Special resolution number 2.2: Approval of non-executive 20 directors’ annual fees – 2021/2022: Lead independent non? 99.88% 0.12% 269,832,335 80.45% 0.22% executive director (SA) Special resolution number 2.3: Approval of non-executive 21 directors’ annual fees – 2021/2022: Lead independent director 98.68% 1.32% 269,832,335 80.45% 0.22% (International) (AUD) Special resolution number 2.4: Approval of non-executive 22 99.89% 0.11% 269,832,335 80.45% 0.22% directors’ annual fees – 2021/2022: Non-executive directors (SA) Special resolution number 2.5: Approval of non-executive 23 directors’ annual fees – 2021/2022: Non-executive directors 98.68% 1.32% 269,832,335 80.45% 0.22% (International) (AUD) Special resolution number 2.6: Approval of non-executive 24 directors’ annual fees – 2021/2022: Audit and risk committee 99.86% 0.14% 269,832,335 80.45% 0.22% chairman (International) (AUD) Special resolution number 2.7: Approval of non-executive 25 directors’ annual fees – 2021/2022: Audit and risk committee 99.86% 0.14% 269,832,335 80.45% 0.22% chairman (SA) Special resolution number 2.8: Approval of non-executive 26 directors’ annual fees – 2021/2022: Audit and risk committee 99.89% 0.11% 269,832,335 80.45% 0.22% member (SA) Special resolution number 2.9: Approval of non-executive 27 directors’ annual fees – 2021/2022: Audit and risk committee 99.89% 0.11% 269,832,335 80.45% 0.22% member (International) (AUD) Special resolution number 2.10: Approval of non-executive 28 directors’ annual fees – 2021/2022: Remuneration committee 99.89% 0.11% 269,832,322 80.45% 0.22% chairman (SA) Special resolution number 2.11: Approval of non-executive 29 directors’ annual fees – 2021/2022: Remuneration committee 99.89% 0.11% 269,832,322 80.45% 0.22% chairman (International) (AUD) Special resolution number 2.12: Approval of non-executive 30 directors’ annual fees – 2021/2022: Remuneration committee 99.89% 0.11% 269,832,322 80.45% 0.22% member (SA) Special resolution number 2.13: Approval of non-executive 31 directors’ annual fees – 2021/2022: Remuneration committee 99.89% 0.11% 269,832,322 80.45% 0.22% member (International) (AUD) Special resolution number 2.14: Approval of non-executive 32 directors’ annual fees – 2021/2022: Nominations committee 99.89% 0.11% 269,836,535 80.45% 0.22% chairman (SA) Special resolution number 2.15: Approval of non-executive 33 directors’ annual fees – 2021/2022: Nominations committee 99.89% 0.11% 269,832,335 80.45% 0.22% chairman (International) (AUD) Special resolution number 2.16: Approval of non-executive 34 directors’ annual fees – 2021/2022: Nominations committee 99.89% 0.11% 269,833,735 80.45% 0.22% member (SA) Special resolution number 2.17: Approval of non-executive 35 directors’ annual fees – 2021/2022: Nominations committee 99.89% 0.11% 269,833,735 80.45% 0.22% member (International) (AUD) Special resolution number 2.18: Approval of non-executive 36 directors’ annual fees – 2021/2022: Acquisitions committee 99.89% 0.11% 269,832,335 80.45% 0.22% chairman (SA) Special resolution number 2.19: Approval of non-executive 37 directors’ annual fees – 2021/2022: Acquisitions committee 99.89% 0.11% 269,832,335 80.45% 0.22% chairman (International) (AUD) Special resolution number 2.20: Approval of non-executive 38 directors’ annual fees – 2021/2022: Acquisitions committee 99.89% 0.11% 269,832,335 80.45% 0.22% member (SA) Special resolution number 2.21: Approval of non-executive 39 directors’ annual fees – 2021/2022: Acquisitions committee 99.89% 0.11% 269,832,335 80.45% 0.22% member (International) (AUD) Special resolution number 2.22: Approval of non-executive 40 directors’ annual fees – 2021/2022: Social and ethics committee 99.89% 0.11% 269,832,335 80.45% 0.22% chairman (SA) Special resolution number 2.23: Approval of non-executive 41 directors’ annual fees – 2021/2022: Social and ethics committee 99.89% 0.11% 269,832,335 80.45% 0.22% chairman (International) (AUD) Special resolution number 2.24: Approval of non-executive 42 directors’ annual fees – 2021/2022: Social and ethics committee 99.89% 0.11% 269,832,335 80.45% 0.22% member (SA) Special resolution number 2.25: Approval of non-executive 43 directors’ annual fees – 2021/2022: Social and ethics committee 99.89% 0.11% 269,832,335 80.45% 0.22% member (International) (AUD) Special resolution number 2.26: Approval of non-executive 44 99.99% 0.01% 269,832,335 80.45% 0.22% directors’ annual fees – 2021/2022: Ad hoc meeting (SA) Special resolution number 2.27: Approval of non-executive 45 directors’ annual fees – 2021/2022: Ad hoc meeting 99.99% 0.01% 269,832,335 80.45% 0.22% (International) (AUD) Special resolution number 2.28: Approval of non-executive 46 directors’ annual fees – 2021/2022: Travel per meeting cycle 100.00% 0.00% 269,832,335 80.45% 0.22% (SA) Special resolution number 2.29: Approval of non-executive 47 directors’ annual fees – 2021/2022: Travel per meeting cycle 100.00% 0.00% 269,832,335 80.45% 0.22% (International) (AUD) Special resolution number 3: General authority to provide 48 financial assistance to related or inter-related companies and 97.73% 2.27% 269,838,533 80.45% 0.22% corporations The special resolution(s) will, where necessary, be lodged for registration with the Companies and Intellectual Property Commission in due course. CAPITAL MARKETS TRADING UPDATE Shareholders are reminded that management will be hosting a capital markets trading update on Wednesday, December 1st 2021 at 10h00 (SA time) where an operational update will be provided. Full details are available on the Bidcorp website (www.bidcorpgroup.com). Date: November 25th 2021 Johannesburg Sponsor: The Standard Bank of South Africa Limited Date: 25-11-2021 03:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. 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