GROWTHPOINT PROPERTIES LIMITED - Results of the Annual General Meeting of Growthpoint Properties Limited

Results of the Annual General Meeting of Growthpoint Properties Limited

Growthpoint Properties Limited
Approved as a REIT by the JSE
(Incorporated in the Republic of South Africa)
(Registration number 1987/004988/06)
Share code: GRT
ISIN: ZAE000179420
("Growthpoint” or “the Company”)


RESULTS OF THE ANNUAL GENERAL MEETING OF GROWTHPOINT PROPERTIES LIMITED (THE “AGM”)

      Growthpoint’s AGM was held on 16 November 2021. All resolutions proposed at the AGM were
      decided on a poll. The results of the poll on each resolution dealt with are reflected in the table
      below.

      On the record date for the AGM 5 November 2021 Growthpoint had 3 430 787 066 ordinary shares
      in issue and 3 402 889 319 shares (excluding Treasury Shares) were eligible for voting.

      During the year, Growthpoint had engaged extensively with shareholders on both remuneration
      and general AGM matters. This positive engagement is evident in the outcome of the voting at the
      AGM and we would like to thank shareholders for their time and valuable guidance.

         Resolutions          No of Issued    % of     Votes in Favour    % in           Votes      %          Votes       Result
                              Shares Voted    issued                      favour        Against     Against    Abstained
                                              shares                                                         (% of issued
                                                                                                                shares)
1.1   Election of Director
      appointed by the
      Board
1.1.1 Mr M Hamman             2 763 790 811   80.56%    2 760 965 989     99.90%       2 824 822    0.10%          0.12%   Passed
1.2   Election of audit
      committee members
1.2.1 Mr M Hamman             2 763 790 811   80.56%    2 763 773 733     100.00%         17 078    0.00%          0.12%   Passed
1.2.2 Mr FM Berkeley          2 763 782 127   80.56%    2 735 146 428     98.96%      28 635 699    1.04%          0.12%   Passed
1.2.3 Mrs KP Lebina           2 763 793 482   80.56%    2 763 776 469     100.00%         17 013    0.00%          0.12%   Passed
1.2.4 Mr AH Sangqu            2 763 793 480   80.56%    2 607 176 042     94.33%     156 617 438    5.67%          0.12%   Passed

1.3   Re-appointment of       2 763 790 811   80.56%    2 762 288 043     99.95%       1 502 768    0.05%          0.12%   Passed
      EY Inc. as auditor
1.4.1 Advisory, non-          2 763 785 581   80.56%    2 296 645 912     83.10%     467 139 669    16.90%         0.12%   Passed
      binding approval of
      remuneration
      policy
1.4.2 Advisory, non-binding   2 763 794 265   80.56%    2 326 876 118     84.19%     436 918 147    15.81%         0.12%   Passed
      approval of
      remuneration policy
      implementation
1.5   To place the unissued   2 763 797 882   80.56%    2 492 276 110     90.18%     271 521 772    9.82%          0.12%   Passed
      authorised ordinary
      shares of the
      Company under the
      control of the
      directors
1.6   Specific and            2 763 797 882   80.56%   2 733 808 442      98.91%      29 989 440    1.09%          0.12%   Passed
      exclusive authority to
      issue ordinary shares
      to afford
      shareholders
      distribution
      reinvestment
      alternatives

1.7   General but restricted   2 763 788 438  80.56%   2 483 504 099      89.86%     280 284 339    10.14%         0.12%   Passed
      authority to issue
      shares for cash (75%
      in favour required)
1.8   To receive and           2 762 276 487  80.51%   2 606 141 014      94.35%     156 135 473    5.65%          0.16%   Passed
      accept the report of
      the Social, Ethics and
      Transformation
      Committee
2.1   Special resolution:      2 763 688 002  80.56%   2 607 822 498      94.36%     155 865 504    5.64%          0.12%   Passed
      Non-executive
      directors’ fees:
      financial year ending
      30 June 2022
2.2   Special resolution:      2 763 795 651  80.56%   2 605 411 439      94.27%     158 384 212    5.73%         0.12%    Passed
      Financial assistance
      to related and inter-
      related companies
2.3   Special resolution:      2 763 633 569  80.55%   2 729 585 792      98.77%      34 047 777    1.23%         0.12%    Passed
      Authority to
      repurchase ordinary
      shares




Date: 17 November 2021

Investec Bank Limited
Sponsor to Growthpoint

Date: 17-11-2021 10:48:00
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