ACSION LIMITED - Results of Annual General Meeting

Results of Annual General Meeting

Acsion Limited
Incorporated in the Republic of South Africa
(Registration number 2014/182931/06)
Share code: ACS ISIN: ZAE000198289
Listed on the General Segment of the Main Board
("Acsion")


RESULTS OF ANNUAL GENERAL MEETING


Shareholders are advised that, at the annual general meeting of Acsion held on Monday, 11 August 2025, all the
resolutions as set out in the notice of annual general meeting were passed by the requisite majority of shareholders.
The number of shares voted in person or by proxy was 312 998 051 representing 79.25% of the total issued share
capital of the same class of Acsion shares.

The resolutions proposed at the meeting, together with the percentage of votes carried for and against each resolution,
as well as the percentage of shares abstained, are set out below:

                                                                                 % of votes
                                                                                  carried for     % of votes
                                                     Number of    % of shares in      the         against the   % of shares
 Resolution                                         shares voted      issue1      resolution2     resolution    abstained

 Ordinary Resolution 1: Adoption of the
 Annual Financial Statements                        312 998 051       79.25            100              0           0

 Ordinary Resolution 2: Adoption of the Audit
 and Risk Committee report                          312 998 051       79.25            100              0           0

 Ordinary Resolution       3:   Re-election   of
 H Zarca as a director                              312 627 791       79.15          99.88           0.12           0

 Ordinary Resolution 4: Reappointment of
 members of the Audit and Risk Committee                      -           -              -              -           -

 Ordinary Resolution 4.1: Reappointment of
 M Kok as Chairperson and as a member of the
 Audit and Risk Committee                           312 627 791        79.15          99.88          0.12          0

 Ordinary Resolution 4.2: Reappointment of
 PD Sekete as a member of the Audit and Risk
 Committee                                          312 998 051        79.25           100            0            0

 Ordinary Resolution 4.3: Reappointment of
 L Osrin-Karp as a member of the Audit and
 Risk Committee                                     312 998 051        79.25           100            0            0

 Ordinary Resolution 5: Appointment of
 members of the Social and Ethics Committee                   -            -             -             -           -

 Ordinary Resolution 5.1: Appointment of
 PD Sekete as Chairperson and as a member
 of the Social and Ethics Committee                 312 998 051         79.25          100            0            0

 Ordinary Resolution 5.2: Appointment of
 A Kyriazis as a member of the Social and
 Ethics Committee                                   312 625 291         79.15        99.88         0.12            0

 Ordinary Resolution 5.3:   Appointment of
 K Anastasiaidis as a member of the Social
 and Ethics Committee                               312 998 051         79.25          100            0            0

 Ordinary Resolution 5.4:    Appointment of
 L Osrin-Karp as a member of the Social and
 Ethics Committee                                   312 998 051         79.25          100            0            0

 Ordinary Resolution 6: Appointment of Moore
 South Africa an independent external auditor       312 998 051         79.25          100            0            0

 Ordinary Resolution 7: Specific authority to
 issue shares pursuant to a reinvestment of
 dividends                                          312 627 791         79.15        99.88         0.12            0

 Ordinary Resolution 8: Signature of
 documents                                          312 998 051         79.25          100            0            0

 Ordinary Resolution 9: General authority to
 issue shares for cash                              312 459 914         79.11        99.83         0.17            0

 Advisory Vote 1: Advisory endorsement of
 remuneration policy                                310 711 270         78.67        99.27         0.73            0

 Advisory Vote 2: Advisory endorsement of
 remuneration policy implementation                 310 711 270         78.67        99.27         0.73            0

 Special Resolution 1: Approval of 2026 fees
 payable to non-executive directors                 312 627 791         79.15        99.88         0.12            0

 Special Resolution 2: Share repurchase             312 611 824         79.15        99.88         0.12            0

 Special Resolution 3: Authority to issue
 shares to directors who elect dividend
 reinvestment options                               312 995 551         79.25         100             0            0


1Based   on 394 959 976 shares in issue at the date of the annual general meeting.
2Disclosed  as a percentage of votable shares.


Johannesburg
13 August 2025

Sponsor
Merchantec Capital

Date: 13-08-2025 08:47:00
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