14 Oct - 4 min read

Results of annual general meeting

Results of annual general meeting

IMPALA PLATINUM HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1957/001979/06)
JSE Share code: IMP
ISIN: ZAE000083648
ADR code: IMPUY
JSE alpha code: IMPCB
(“Implats” or the “Company”)

RESULTS OF ANNUAL GENERAL MEETING

Implats shareholders are advised that the voting results for the annual general meeting (“AGM”) of Implats
held through electronic participation on Wednesday, 13 October 2021, were as follows:

 Resolution                           Number of     Percentage         For**     Against**    Abstained***
                                        ordinary    of ordinary           %             %                    %
                                    shares voted      shares in
                                                         issue*
                                                              %
 Ordinary resolution number 1:        621 908 003         76.10        98.80          1.20             0.14
 Appointment of external
 auditors
 Ordinary resolution number 2:
 Re-election of directors
 2.1 Peter Davey                      621 907 328         76.10        92.54          7.46             0.14
 2.2   Ralph Havenstein               621 907 455         76.10       100.00          0.00             0.14
 2.3   Boitumelo Koshane              621 902 535         76.10        97.70          2.30             0.14
 2.4   Alastair Macfarlane            621 907 455         76.10        91.59          8.41             0.14
 2.5   Mpho Nkeli                     621 902 535         76.10        92.03          7.97             0.14
 Ordinary resolution number 3:
 Appointment of members of
 audit and risk committee
 3.1 Dawn Earp                        621 902 535         76.10        99.17          0.83             0.14
 3.2   Peter Davey                    621 907 455         76.10        98.73          1.27             0.14
 3.3   Ralph Havenstein               621 907 455         76.10        98.80          1.20             0.14
 3.4   Preston Speckmann              621 907 377         76.10        99.77          0.23             0.14
 Ordinary resolution number 4:        621 903 497         76.10        94.10          5.90             0.14
 General issue of shares for
 cash
 Ordinary resolution number 5:        621 907 690         76.10          100          0.00             0.14
 Directors’ authority to
 implement special and
 ordinary resolutions
 Non-binding advisory vote 6.1:       621 904 896         76.10        94.37          5.63             0.14
 Endorsement of the
 Company’s remuneration
 policy
 Non-binding advisory vote 6.2:       621,904,726         76.10        59.65         40.35             0.14
 Endorsement of the
 Company’s remuneration
 implementation report
 Special resolution number 1:
 Approval of non-executive
 directors’ remuneration
 1.1 Remuneration of the              621 898 786         76.09        98.68         1.32              0.14
     chairperson of the board
 1.2 Remuneration of the lead         621 898 786         76.09        98.29         1.71              0.14
     independent director
 1.3 Remuneration of the non-         621 898 786         76.09        97.64         2.36              0.14
     executive directors
 1.4 Remuneration of audit            621 898 786         76.09         100          0.00              0.14
     and risk committee
     chairperson
 1.5 Remuneration of audit            621 898 786         76.09         100          1.00              0.14
     and risk committee
     member
 1.6 Remuneration of social,          621 898 786         76.09        99.45         0.55              0.14
     transformation and
     remuneration committee
     chairperson
 1.7 Remuneration of social,          621 898 786         76.09          100         0.00              0.14
     transformation and
     remuneration committee
     member
 1.8 Remuneration of                  621 898 786         76.09         99.93        0.07              0.14
     nomination, governance
     and ethics committee
     chairperson
 1.9   Remuneration of                621 898 786          76.09          100        0.00              0.14
       nomination, governance
       and ethics committee
       member
 1.10 Remuneration of health,         621 898 786          76.09          100        0.00               0.14
      safety and environment
      committee chairperson
 1.11 Remuneration of health,         621 898 786          76.09          100        0.00               0.14
      safety and environment
      committee member
 1.12 Remuneration of strategy        621 903 706          76.10         99.45        0.55              0.14
      and investment
      committee chairperson
 1.13 Remuneration of strategy        621 903 706           76.10          100        0.00              0.14
      and investment
      committee member
 1.14 Remuneration for ad hoc         621 903 706           76.10        99.95        0.05              0.14
      meetings fees per
      additional board or
      committee meeting
 Special resolution number 2:         621 902 635           76.10         96.33       3.67              0.14
 Authority to provide financial
 assistance
 Special resolution number 3:         621 862 336           76.09         80.78      19.22              0.15
 Repurchase of Company’s
 shares by Company or
 subsidiary

*       Based on 817 268 148 ordinary shares in issue at the date of the AGM.
**      In relation to the total number of shares voted at the AGM.
***     In relation to the total number of shares in issue at the date of the AGM.
Based on the above voting results, all resolutions were passed by the requisite majority of Implats shareholders
represented at the AGM.

Shareholders are further advised that non-binding advisory vote 6.2 relating to the endorsement of the
Company’s remuneration implementation report was voted against by more than 25% of Implats’ shareholders
at the AGM. Implats remains committed to an open engagement process with all shareholders and invites all
shareholders who wish to communicate with the Company about matters relating to its remuneration
implementation report to contact the Company Secretary on email at investor@implats.co.za to set up an
appointment with the respective corporate representatives. The Company commits to engage dissenting
shareholders within seven working days of their submission.


Queries:
Johan Theron
E-mail : johan.theron@implats.co.za
T: +27 (0) 11 731 9013/43
M: +27 (0) 82 809 0166

Emma Townshend
E-mail : emma.townshend@implats.co.za
T : +27 (0) 21 794 8345
M : +27 (0) 82 415 3770

Alice Lourens
E-mail : alice.lourens@implats.co.za
T: +27 (0) 11 731 9033/43
M: +27 (0) 82 498 3608

14 October 2021
Johannesburg

Sponsor to Implats
Nedbank Corporate and Investment Banking, a division of Nedbank Limited

Date: 14-10-2021 03:00:00
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