06 Sep - 2 min read

Results of General Meeting

Results of General Meeting

Balwin Properties Limited
(Incorporated in the Republic of South Africa)
Registration number 2003/028851/06
Share code: BWN
ISIN: ZAE000209532
(“Balwin” or “the Group”)


Balwin is pleased to advise all shareholders that at the general meeting of shareholders held on
Monday, 6 September 2021 at 09h00, all ordinary and special resolutions as set out in the notice
of the general meeting issued on Monday, 26 July 2021, were approved by the requisite majority
of shareholders present or represented by proxy.

In this regard, Balwin confirms the voting statistics from the general meeting as follows:

                                                                                  %            Number
 Total number of shares that could be voted at the general meeting             100,00%        472,192,592
 ("Total Shares")
 Total number of shares present/represented including proxies at the            88,94%        419,953,586
 general meeting ("Voted Shares")
 Total number of members present                                                                  24

                                         Votes in                  Votes
                                                         %                      %        Abstentions    %*
                                          favour                  against
 Ordinary resolution  1:
 Approval of the specific
                                       342,105,245    81,49%    77,725,846    18,51%      122,495      0,03%
 issue of shares for cash

 Ordinary resolution 2:
 Directors and/or company
 secretary authority                   342,372,299    81,54%    77,498,513    18,46%         82,774    0,02%

 Special resolution 1:
 Potential BEE Transaction
 Specific Repurchase of the            342,349,124    81,53%    77,543,641    18,47%         60,821    0,01%
 BEE Shares

 Special resolution 2:
 Section 44: Financial
 Assistance                            342,307,641    81,53%    77,523,450    18,47%      122,495      0,03%

* Abstentions are represented as a percentage of total issued ordinary shares.

 6 September 2021
 Investec Bank Limited

Date: 06-09-2021 01:49:00
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