30 Jul - 4 min read

Report on Annual General Meeting proceedings & change to composition of Social and Ethics Committee

Report on Annual General Meeting proceedings & change to composition of Social and Ethics Committee

RAUBEX GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2006/023666/06)
JSE Share code: RBX
ISIN: ZAE000093183
(“Raubex” or “the group”)


REPORT ON ANNUAL GENERAL MEETING PROCEEDINGS & CHANGE TO COMPOSITION OF
SOCIAL AND ETHICS COMMITTEE

Raubex shareholders are advised that at the annual general meeting of members held on Friday, 30 July
2021, all the ordinary and special resolutions as proposed in the notice of the annual general meeting were
approved by the requisite majority of members.

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

                                                                                  %          Number
 Total number of shares that could be voted at meeting                           100%       180 844 499
 Total number of shares present/represented including proxies at the meeting     91%        164 433 551
 as % of voteable shares

 Total number of shares present/represented including proxies at the meeting     90%        164 433 551
 as % of issued shares
 Total number of members present in person                                                         4

Votes for and against are in relation to the total number of shares voted at the meeting. Abstentions are in
relation to the voteable shares.

                                                 Votes in             Votes         Abstentions in     Shares voted
                                                Favour in           Against in       relation to
                                               relation to         relations to       voteable
                                              total number        total number         shares
                                                of shares           of shares
                                                  voted               voted

 Ordinary Resolution Number 1
 Adoption of the group and holding            164 164 383               557              268 611          164 164 940
 company audited annual financial
 statements for the year ended 28               (99.9997%)          (0.0003%)           (0.1485%)         (90.7769%)
 February 2021

 Ordinary Resolution Number 2
 Re-appointment of PWC as the                 138 798 179           25 578 727           56 645           164 376 906
 independent registered auditor of the
 company for the ensuing financial              (84.4390%)          (15.5610%)          (0.0313%)         (90.8941%)
 year, with the individual registered
 auditor who will undertake the audit
 during the financial year ending 28
 February 2022, being L Rossouw

 Ordinary Resolution Number 3
 Confirmation of the appointment of           163 559 105             817 801            56 645           164 376 906
 Samuel (Sam) Jacobus Odendaal as
 financial director of the company              (99.5025%)          (0.4975%)           (0.0313%)         (90.8941%)
 effective 1 June 2021

 Ordinary Resolution Number 4.1
 Re-election of F Kenney as director          132 275 318           32 101 588           56 645           164 376 906
                                                (80.4707%)          (19.5293%)          (0.0313%)         (90.8941%)
                                               

Ordinary Resolution Number 4.2
Re-election of LA Maxwell as director         133 006 212           31 370 694            56 645          164 376 906
                                                (80.9154%)          (19.0846%)          (0.0313%)         (90.8941%)
                                                

                     
Ordinary Resolution Number 4.3                161 148 589            3 228 317            56 645          164 376 906
Re-election of BH Kent as director              (98.0360%)           (1.9640%)            (0.0313%)        (90.8941%)


Ordinary Resolution Number 4.4
Re-election of SR Bogatsu as director         162 768 620            1 608 286             56 645         164 376 906
                                                (99.0216%)           (0.9784%)           (0.0313%)         (90.8941%)
                                          

Ordinary Resolution Number 5.1
Re-election of LA Maxwell,                     132 255 264           32 121 642             56 645         164 376 906
independent non-executive director, as
member of the audit committee for the           (80.4585%)            (19.5415%)           (0.0313%)       (90.8941%)
2022 financial year

Ordinary Resolution Number 5.2
Re-election of BH Kent, independent            155 205 000             9 171 906            56 645          164 376 906
non-executive director, as member of
the audit committee for the 2022                (94.4202%)            (5.5798%)            (0.0313%)        (90.8941%)
financial year

Ordinary Resolution Number 5.3
Re-election of SR Bogatsu,                     164 361 249               15 657             56 645           164 376 906
independent non-executive director, as
member of the audit committee for the            (99.9905%)           (0.0095%)             (0.0313%)        (90.8941%)
2022 financial year

Ordinary Resolution Number 6
Endorsement of the company’s                  155 263 287              8 559 014            611 250          163 822 301
remuneration policy                              (94.7754%)            (5.2246%)             (0.3380%)       (90.5874%)
                                          

Ordinary Resolution Number 7
Endorsement of the company’s                   155 823 806             7 998 495            611 250          163 822 301
remuneration implementation report              (95.1176%)             (4.8824%)            (0.3380%)        (90.5874%)
                                          

Ordinary Resolution Number 8
General authorisation to any director          164 357 215              18 691               57 645          164 375 906
or the company secretary of the  
company to do all such things and sign          (99.9886%)             (0.0114%)            (0.0319%)         (90.8935%)
all such documents as may be
necessary for, or incidental to the
implementation of the resolutions
passed at the meeting

Special Resolution Number 1
Approval of the remuneration of the             159 516 565            4 859 341             57 645          164 375 906
non-executive    directors   of     the
company for the 2022 financial year              (97.0438%)            (2.9562%)            (0.0319%)         (90.8935%)

Special Resolution Number 2
Approval of the general authority of            164 146 765            171 205               115 581         164 317 970
the company or any of its subsidiaries
from time to time, to repurchase the             (99.8958%)            (0.1042%)             (0.0639%)         (90.8615%)
company’s own securities

Special Resolution Number 3
Sections 44 and 45 financial assistance         163 572 966             683 410               177 175        164 256 376
to any company or corporation which
is related or inter-related to the              (99.5839%)            (0.4161%)              (0.0980%)         (90.8274%)
company


Change to composition of Social and Ethics Committee

In accordance with paragraph 3.59 of the JSE Limited Listings Requirements, the board of directors of the
company wishes to advise shareholders that Mr JA Louw has resigned as member of the Social and Ethics
Committee and Mr C van Schalkwyk has been appointed as member of this Committee effective 1 August
2021.


Centurion
30 July 2021

Sponsor
Investec Bank Limited

Date: 30-07-2021 01:11:00
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