INVESTEC PROPERTY FUND LIMITED - Results of the Annual General Meeting held on 03 August 2020

Results of the Annual General Meeting held on 03 August 2020

INVESTEC PROPERTY FUND LIMITED
(Incorporated in the Republic of South Africa)
(Reg. No: 2008/011366/06)
Approved as a REIT by the JSE
Share Code: IPF
ISIN: ZAE000180915
("Investec Property Fund" or "the Fund")

RESULTS OF THE ANNUAL GENERAL MEETING HELD ON 03 AUGUST 2020

Shareholders are advised that at the 2020 Annual General Meeting (AGM) of Investec Property Fund
Limited held by electronic participation on 03 August 2020, all the resolutions set out in the notice and
proposed at the meeting were passed, without modification, by the requisite majority of shareholders.

The resolutions were voted on as follows:

                                                                          % of issued         Number
                                                                         share capital

 Total number of shares present/represented including proxies at             77%             621 192 892
 meeting

                                                              Votes in          Votes
                                                              Favour           Against       Abstentions*

 Ordinary Resolution Number 1 –
 Re-election of S Hackner as a Director                      579 525 520       38 819 121       2 848 251
                                                                 93.72%            6.28%           0.35%

 Ordinary Resolution Number 2 –
 Re-election of MM Ngoasheng as a Director                   614 423 985        3 920 656       2 848 251
                                                                 99.37%            0.63%           0.35%

 Ordinary Resolution Number 3 –
 Re-election of PA Hourquebie as a Director                  617 583 049           761 592      2 848 251
                                                                 99.88%             0.12%          0.35%

 Ordinary Resolution Number 4 –
 Election of PA Hourquebie as member of Audit and Risk       617 849 244           495 397      2 848 251
 Committee                                                       99.92%             0.08%          0.35%

 Ordinary Resolution Number 5 –
 Election of CM Mashaba as member of Audit and Risk          603 664 851       14 679 790       2 848 251
 Committee                                                       97.63%            2.37%           0.35%

 Ordinary Resolution Number 6 –
 Election of MM Ngoasheng as member of Audit and Risk        589 407 049       28 937 592       2 848 251
 Committee                                                       95.32%            4.68%           0.35%

 Ordinary Resolution Number 7 –
 Election of KL Shuenyane as member of Audit and Risk        618 338 669            4 980       2 849 243
 Committee                                                         100%                0%          0.35%

 Ordinary Resolution Number 8 –
 Re-appointment of Ernst & Young as designated auditors      498 036 127      120 308 514       2 848 251
                                                                 80.54%           19.46%           0.35%
 Ordinary Resolution Number 9 –
 Directors’ and Company Secretary Authority to take             618 341 772           146       2 850 974
 action in respect of the resolutions approved by                     100%            0%           0.35%
 shareholders

 Ordinary Resolution Number 10 –
 Specific Authority to Directors to allot and issue shares in   583 797 328     34 547 313      2 848 251
 relation to a Dividend Re-Investment Plan                          94.41%          5.59%         0.35%

 Ordinary Resolution Number 11 –
 Directors’ authority to allot and issue authorised but         515 438 267    102 657 563      3 097 062
 unissued shares                                                    83.39%         16.61%         0.38%

 Special Resolution Number 1 –
 Directors’ authority to allot and issue shares for cash in     564 735 226     53 360 604      3 097 062
 respect of 5% of the shares in issue                               91.37%          8.63%         0.38%

 Special Resolution Number 2 –
 Directors’ general authority to acquire shares                 552 509 576     65 835 065      2 848 251
                                                                    89.35%         10.65%         0.35%

 Special Resolution Number 3 –
 Non-Executive Directors’ remuneration                          518 181 110    100 162 539      2 849 243
                                                                    83.80%         16.20%         0.35%

 Special Resolution Number 4 –
 Financial assistance to subsidiaries and other related and     618 092 961       250 688       2 849 243
 inter-related entities                                             99.96%          0.04%         0.35%

* in relation to the total issued share capital

The special resolutions, to the extent required, will be submitted for filing with the Companies and
Intellectual Property Commission in due course.



Investec Property Fund Limited
Johannesburg

03 August 2020

Sponsor: Investec Bank Limited

Date: 03-08-2020 03:42:00
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