HOSKEN PASSENGER LOGISTICS AND RAIL LIMITED - Results of the Annual General Meeting

Results of the Annual General Meeting

HOSKEN PASSENGER LOGISTICS AND RAIL LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 2015/250356/06
Share code: HPR
ISIN: ZAE000255907
(“HPLR” or the “Company”)



RESULTS OF THE ANNUAL GENERAL MEETING


Shareholders are hereby advised that at the annual general meeting of the Company held at
08:30 today, Thursday, 15 October 2020 at the offices of Hosken Consolidated Investments
Limited, Suite 801, 76 Regent Road, Sea Point (“AGM”), all of the resolutions were passed by
the requisite majorities of the Company’s shareholders.

Details of the results of the voting at the AGM are as follows:

                           Votes
                              for
                         resoluti         Votes
                          on as a        against                                 Number of
                         percent      resolution                                    shares
                           age of            as a                  Number of     abstained
                            total    percentage                       shares            as a
                         number          of total                    voted at   percentage
                               of     number of      Number of      AGM as a        of total
                          shares         shares         shares    percentage        issued
Resolutions proposed     voted at       voted at       voted at    of votable   exercisable
at the AGM                  AGM            AGM            AGM         shares        shares
Ordinary resolution
number 1:
Retirement and re-
election of directors
1.1 Mr L Govender
                            100%              0%    264 646 070      91.26%             0%
1.2 Ms NB Jappie
                          99.11%           0.89%    264 646 070      91.26%             0%
Ordinary resolution
number 2:
Re-appointment of
external auditor: BDO
South Africa
Incorporated             100.00%           0.00%    264 646 070      91.26%             0%
Ordinary resolution
number 3:
Re-appointment of
members of the
Audit and Risk
committee:


31 Mr L Govender            100%              0%    264 646 070      91.26%             0%


3.2 Ms NB Jappie           99.02%          0.98%    264 646 070      91.26%             0%


3.3 Ms RD Watson           99.04%          0.96%    264 646 070      91.26%             0%


Ordinary resolution
number 4:
Directors’ authority to
implement Company
resolutions                 100%             0%    264 646 070       91.26%             0%

Non-binding advisory
vote 1: Non-binding
advisory vote on the
Company’s
remuneration policy        98.83%         1.17%    262 946 070       90.67%          0.59%

Non-binding advisory
vote 2: Non-binding
advisory vote on the
Company’s
implementation report
on the remuneration
policy                     99.75%         0.25%   262 946 070        90.67%         0.59%

Special resolution
number 1:
General authority to
issue ordinary shares,
options and convertible
securities for cash        95.43%         4.57%   264 646 070        91.26%            0%

Special resolution
number 2:
Approval of annual fees
to be paid to non-
executive directors         100%             0%   262 946 070        90.67%         0.59%

Special resolution
number 3:
General authority to
repurchase Company
shares                      100%             0%   264 646 070        91.26%            0%

Special resolution
number 4:
General approval for the
provision of financial
assistance                 99.10%          0.90%   264 646 070       91.26%            0%

Note
Total number of shares in issue as at the date of the AGM is 290 000 000; total number of
shares that can be exercised at the meeting is 290 000 000.


Cape Town
15 October 2020

Sponsor
Investec Bank Limited

Date: 15-10-2020 01:28:00
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