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Results of the 93rd annual general meeting and change in lead independent director
Mr Price Group Limited
(Incorporated in the Republic of South Africa)
(Registration number 1933/004418/06)
ISIN: ZAE000200457
LEI number: 378900D3417C35C5D733
JSE and A2X Share Code: MRP
("Mr Price Group" or "the Group")
RESULTS OF THE 93rd ANNUAL GENERAL MEETING AND CHANGE IN LEAD INDEPENDENT DIRECTOR
RESULTS OF THE 93rd ANNUAL GENERAL MEETING
Shareholders are advised that at the Mr Price Group annual general meeting (“AGM”) held yesterday, Tuesday, 1 September 2026, ordinary resolutions 1 – 12 and special
resolutions 1 and 2, as set out in the notice of AGM dated 22 June 2026, were passed by the requisite majority of votes of shareholders present in person or represented by
proxy.
The total number of shares present or represented, including by proxy, at the AGM was 85.04% of the Group’s issued share capital* as at Friday 21 August 2026, being the
AGM voting record date. The voting results were as follows:
Votes cast as a Votes cast as a % of the Shares voted as Shares abstained
combined % of number of shares voted at Number of shares a % of issued as a % of issued
the total number the meeting voted share capital* share capital*
of shares voted Ordinary shares (“Ord”) Ordinary shares Ordinary shares
(Ordinary shares B ordinary shares (“B Ord”) (“Ord”) (“Ord”)
Resolutions and B ordinary B ordinary B ordinary shares
shares) at the shares (“B Ord”) (“B Ord”)
meeting
For Against For Against
Ordinary resolution 1 - Adoption of the annual 100 0.00 100 Ord 0.00 Ord 222,543,304 Ord 84.83 Ord 0.15 Ord
financial statements 100 B Ord 0.00 B Ord 1,235,822 B Ord 99.98 B Ord 0.00 B Ord
Ordinary resolutions 2.1 and 2.3 - Re-election of
directors retiring by rotation
2.1 Neill Abrams 92.63 7.37 92.14 Ord 7.86 Ord 222,545,260 Ord 84.83 Ord 0.14 Ord
100 B Ord 0.00 B Ord 1,235,822 B Ord 99.98 B Ord 0.00 B Ord
2.2 Jane Canny 96.28 3.72 95.99 Ord 4.01 Ord 195,436,501 Ord 74.50 Ord 10.48 Ord
100 B Ord 0.00 B Ord 1,235,822 B Ord 99.98 B Ord 0.00 B Ord
2.3 Lucia Swartz 99.49 0.51 99.46 Ord 0.54 Ord 222,545,260 Ord 84.83 Ord 0.14 Ord
100 B Ord 0.00 B Ord 1,235,822 B Ord 99.98 B Ord 0.00 B Ord
Ordinary resolution 3 – Re-election of 99.99 0.01 99.99 Ord 0.01 Ord 222,545,080 Ord 84.83 Ord 0.14 Ord
independent auditor 100 B Ord 0.00 B Ord 1,235,822 B Ord 99.98 B Ord 0.00 B Ord
Ordinary resolutions 4.1 to 4.3 - Election of
members of the Audit & Compliance Committee
4.1 Harish Ramsumer 99.95 0.05 99.95 Ord 0.05 Ord 222,545,260 Ord 84.83 Ord 0.14 Ord
100 B Ord 0.00 B Ord 1,235,822 B Ord 99.98 B Ord 0.00 B Ord
4.2 Mark Bowman 81.53 18.47 80.30 Ord 19.70 Ord 222,545,260 Ord 84.83 Ord 0.14 Ord
100 B Ord 0.00 B Ord 1,235,822 B Ord 99.98 B Ord 0.00 B Ord
4.3 Refilwe Nkabinde 99.95 0.05 99.95 Ord 0.05 Ord 222,545,260 Ord 84.83 Ord 0.14 Ord
100 B Ord 0.00 B Ord 1,235,822 B Ord 99.98 B Ord 0.00 B Ord
Ordinary resolutions 5.1 to 5.3 - Election of
members of the Social, Ethics, Transformation &
Sustainability Committee
5.1 Lucia Swartz 99.98 0.02 99.98 Ord 0.02 Ord 222,545,260 Ord 84.83 Ord 0.14 Ord
100 B Ord 0.00 B Ord 1,235,822 B Ord 99.98 B Ord 0.00 B Ord
5.2 Jane Canny 99.45 0.55 99.41 Ord 0.59 Ord 188,716,803 Ord 71.93 Ord 13.04 Ord
100 B Ord 0.00 B Ord 1,235,822 B Ord 99.98 B Ord 0.00 B Ord
5.3 Mark Blair 99.99 0.01 99.99 Ord 0.01 Ord 222,545,260 Ord 84.83 Ord 0.14 Ord
100 B Ord 0.00 B Ord 1,235,822 B Ord 99.98 B Ord 0.00 B Ord
Ordinary resolution 6 - Adoption of the Social, 100 0.00 100 Ord 0.00 Ord 222,542,484 Ord 84.83 Ord 0.15 Ord
Ethics, Transformation & Sustainability Committee 100 B Ord 0.00 B Ord 1,235,822 B Ord 99.98 B Ord 0.00 B Ord
report
Ordinary resolution 7 - Signature of documents 100 0.00 100 Ord 0.00 Ord 222,544,260 Ord 84.83 Ord 0.14 Ord
100 B Ord 0.00 B Ord 1,235,822 B Ord 99.98 B Ord 0.00 B Ord
Ordinary resolution 8 - General but restricted 72.10 27.90 70.18 Ord 29.82 Ord 216,127,493 Ord 82.38 Ord 0.14 Ord
authority to issue shares for cash 100 B Ord 0.00 B Ord 1,235,822 B Ord 99.98 B Ord 0.00 B Ord
Ordinary resolution 9 - Control of unissued shares 73.21 26.79 71.43 Ord 28.57 Ord 222,545,260 Ord 84.83 Ord 0.14 Ord
(excluding issues for cash) 100 B Ord 0.00 B Ord 1,235,822 B Ord 99.98 B Ord 0.00 B Ord
Ordinary resolution 10 - General authority to 97.38 2.62 97.20 Ord 2.80 Ord 216,121,427 Ord 82.38 Ord 0.15 Ord
repurchase shares 100 B Ord 0.00 B Ord 1,235,822 B Ord 99.98 B Ord 0.00 B Ord
Resolution 11 - Approval of the remuneration 67.84 32.16 65.69 Ord 34.31 Ord 222,545,260 Ord 84.83 Ord 0.14 Ord
policy ** 100 B Ord 0.00 B Ord 1,235,822 B Ord 99.98 B Ord 0.00 B Ord
(see commentary below)
Resolution 12 - Approval of the remuneration 75.13 24.87 73.47 Ord 26.53 Ord 222,545,260 Ord 84.83 Ord 0.14 Ord
report ** 100 B Ord 0.00 B Ord 1,235,822 B Ord 99.98 B Ord 0.00 B Ord
(see commentary below)
Special resolutions 1.1 to 1.10 - Non-executive
director remuneration:
1.1 Independent non-executive chair of the 99.85 0.15 99.84 Ord 0.16 Ord 222,545,260 Ord 84.83 Ord 0.14 Ord
board 100 B Ord 0.00 B Ord 1,235,822 B Ord 99.98 B Ord 0.00 B Ord
1.2 Lead independent non-executive director of 99.05 0.95 98.98 Ord 1.02 Ord 222,545,260 Ord 84.83 Ord 0.14 Ord
the board 100 B Ord 0.00 B Ord 1,235,822 B Ord 99.98 B Ord 0.00 B Ord
1.3 Non-executive directors 99.05 0.95 98.98 Ord 1.02 Ord 222,545,260 Ord 84.83 Ord 0.14 Ord
100 B Ord 0.00 B Ord 1,235,822 B Ord 99.98 B Ord 0.00 B Ord
1.4 Audit and Compliance Committee chair 99.88 0.12 99.87 Ord 0.13 Ord 222,545,260 Ord 84.83 Ord 0.14 Ord
100 B Ord 0.00 B Ord 1,235,822 B Ord 99.98 B Ord 0.00 B Ord
1.5 Audit and Compliance Committee members 99.88 0.12 99.87 Ord 0.13 Ord 222,545,260 Ord 84.83 Ord 0.14 Ord
100 B Ord 0.00 B Ord 1,235,822 B Ord 99.98 B Ord 0.00 B Ord
1.6 Remuneration and Nominations Committee 99.87 0.13 99.86 Ord 0.14 Ord 222,545,260 Ord 84.83 Ord 0.14 Ord
chair 100 B Ord 0.00 B Ord 1,235,822 B Ord 99.98 B Ord 0.00 B Ord
1.7 Remuneration and Nominations Committee 99.83 0.17 99.81 Ord 0.19 Ord 222,545,260 Ord 84.83 Ord 0.14 Ord
members 100 B Ord 0.00 B Ord 1,235,822 B Ord 99.98 B Ord 0.00 B Ord
1.8 Social, Ethics, Transformation & 99.82 0.18 99.81 Ord 0.19 Ord 222,545,260 Ord 84.83 Ord 0.14 Ord
Sustainability Committee chair 100 B Ord 0.00 B Ord 1,235,822 B Ord 99.98 B Ord 0.00 B Ord
1.9 Social, Ethics, Transformation & 99.87 0.13 99.86 Ord 0.14 Ord 222,545,260 Ord 84.83 Ord 0.14 Ord
Sustainability Committee members 100 B Ord 0.00 B Ord 1,235,822 B Ord 99.98 B Ord 0.00 B Ord
1.10 Risk and IT Committee members 99.87 0.13 99.86 Ord 0.14 Ord 222,545,260 Ord 84.83 Ord 0.14 Ord
100 B Ord 0.00 B Ord 1,235,822 B Ord 99.98 B Ord 0.00 B Ord
Special resolution 2 - Financial assistance to 98.86 1.14 98.79 Ord 1.21 Ord 222,545,260 Ord 84.83 Ord 0.14 Ord
related or inter-related companies 100 B Ord 0.00 B Ord 1,235,822 B Ord 99.98 B Ord 0.00 B Ord
* The total issued share capital as at the AGM voting record date was 262 348 260 ordinary shares and 1 236 022 B-ordinary shares
** Ahead of the AGM, the Group sent communication to its top 25 shareholders and released a SENS announcement on 11 August 2026 inviting all shareholders to engage
on the resolutions to be proposed at the AGM. Through this process the chairs of the Group’s board of directors (Board), Remuneration & Nominations committee
(Remnomco), Social, Ethics, Transformation and Sustainability committee, and management representatives engaged with shareholders representing over 67% of its
ordinary shares.
The Group appreciates the constructive feedback from shareholders and the continued support for the remuneration policy and remuneration report which indicates a
favourable shareholder view of the Group’s general remuneration philosophy. This is a result of continued positive engagements with shareholders and consistent and
transparent implementation of the policy. Notwithstanding the engagement already held, the Company remains committed to constructive engagement with shareholders on
remuneration matters and will continue to consider shareholder feedback when reviewing its remuneration policy and remuneration practices.
CHANGE IN LEAD INDEPENDENT DIRECTOR
In compliance with paragraph 6.71(c) of the JSE Limited Listings Requirements, shareholders are advised that the Lead Independent Director role is transitioning from Mark
Bowman to Lucia Swartz with effect from 2 September 2026.
The Board extends its sincere appreciation to Mark for his valuable contribution as the Lead Independent Director and wishes Lucia well in her new role. Mark will continue
in his role as an independent non-executive director, Chairman of Remnomco and member of the Audit and Compliance Committee.
Durban
2 September 2026
JSE Equity Sponsor and Corporate Broker
Investec Bank Limited
Date: 02/09/2026 07:05:00
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