AGM

The AGM was held at JSE Limited, One Exchange Square, Gwen Lane, Sandown, Johannesburg on Monday 2nd May 2019 at 14H00.

Metair shareholders are advised that at the annual general meeting of Shareholders held, all the ordinary and special resolutions, as set out in the notice 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 1: Re-election of Ms H.G. Motau as a director

For 147 511 181 99.938%

Against 90 926 0.062%

Abstain 1 048 124

Shares voted 147 602 107 100.00%

Ordinary resolution 2: Appointment of Mr C.M.D as a director

For 148 627 289 99.986%

Against 20 621 0.014%

Abstain 2 321

Shares voted 148 647 910 100.00%

Ordinary resolution 3: Appointment of Mr S. Sithole as a director

For 148 246 147 99.730%

Against 401 355 0.270%

Abstain 2 729

Shares voted 148 647 502 100.00%

Ordinary resolution 4: Appointment of Mr T.P Moeketsi as a director

For 122 257 232 82.246%

Against 26 390 270 17.754%

Abstain 2 729

Shares voted 148 647 502 100.00%

Ordinary resolution 5: Re-appointment of auditors

For 128 079 158 86.177%

Against 20 554 693 13.823%

Abstain 26 380

Shares voted 148 623 851 100.00%

Ordinary resolution 6a: Election of Mr C.M.D Flemming as chairman of the Audit and Risk Committee

For 148 603 230 99.986%

Against 20 621 0.014%

Abstain 26 380

Shares voted 148 623 851 100.00%

Ordinary resolution 6b: Re-election of Ms H.G Motau as member of the Audit and Risk Committee

For 147 511 181 99.938%

Against 90 926 0.062%

Abstain 1 048 124

Shares voted 147 602 107 100.00%

Ordinary resolution 6c: Re-election of Mr B. Mawasha as member of the Audit and Risk Committee

For 143 789 871 96.732%

Against 4 858 039 3.268%

Abstain 2 321

Shares voted 148 647 910 100.00%

Ordinary resolution 7a: Endorsement of Company’s remuneration policy

For 107 387 241 80.305%

Against 26 336 547 19.695%

Abstain 14 926 443

Shares voted 133 723 788 100.00%

Ordinary resolution 7b: Endorsement of the Company’s implementation report

For 102 589 343 76.716%

Against 31 136 017 23.284%

Abstain 14 924 871

Shares voted 133 725 360 100.00%

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

For 148 644 538 99.998%

Against 2800 0.002%

Abstain 2 893

Shares voted 148 647 338 100.00%

Special resolution 2: Provision of financial assistance in terms of Section 45 of the Companies Act

For 147 959 007 99.537%

Against 688 903 0.463%

Abstain 2 321

Shares voted 148 647 910 100.00%

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

For 147 959 007 99.537%

Against 688 903 0.463%

Abstain 2 321

Shares voted 148 647 910 100.00%

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

For 148 647 110 99.999%

Against 1 800 0.001%

Abstain 1 321

Shares voted 148 647 910 100.00%