ASTORIA INVESTMENTS LIMITED - Results of annual general meeting

Results of annual general meeting

ASTORIA INVESTMENTS LTD
(Incorporated in the Republic of Mauritius)
(Registration number 129785 C1/GBL)
SEM share code: ATIL.N0000
JSE share code: ARA
ISIN: MU0499N00015
(“Astoria” or “the Company”)


RESULTS OF ANNUAL GENERAL MEETING


Shareholders are advised that at the annual general meeting of shareholders of the Company held today,
25 May 2022 (in terms of the notice of annual general meeting dispatched to shareholders on 28 March 2022),
all of the resolutions tabled, except for ordinary resolution number 7 and special resolution number 11, were
passed by the requisite majority of Astoria shareholders.

Details of the results of voting at the annual general meeting are as follows:
   - total number of Astoria shares that could have been voted at the annual general meeting: 56 770 357
   - total number of Astoria shares that were present/represented at the annual general meeting: 43 441 398
     being 76.52% of total number of Astoria shares that could have been voted at the annual general
     meeting.

 Resolutions:                                       Shares voted             Votes       Votes       Voted
                                                                                for     against   abstained

                                                    Number         % (1)      % (2)       % (2)       % (1)
 Ordinary resolution number 1:                   43 387 798        76.43       100            -        0.09
 To receive and adopt the audited financial
 statements of the Company for the year
 ended 31 December 2021, together with the
 Statement of Directors’ Responsibilities,
 Corporate Governance Report, and
 independent auditors’ report thereon
 Ordinary resolution number 2.1:                 40 352 958        71.08       100            -        5.44
 To re-elect Mr Nicolas Hardy as an
 independent non-executive director
 Ordinary resolution number 2.2:                 43 437 798        76.51       100            -        0.01
 To re-elect Mr Piet Viljoen as a non-
 executive director
 Ordinary resolution number 3:                   43 437 798        76.51       100            -        0.01
 To reappoint Ernst & Young Mauritius and
 Ernst & Young South Africa as auditors
 Ordinary resolution number 4:                   43 384 148        76.42       100            -        0.10
 To approve the remuneration of the auditors
 Ordinary resolution number 5:                   43 384 148        76.42       100            -        0.10
 To approve the remuneration of non-
 executive directors
 Ordinary resolution number 6:                   43 386 798        76.43     67.94        32.06        0.10
 To authorise the Board to issue shares
 Ordinary resolution number 7:                   43 386 548        76.42     54.52        45.48        0.10
 General authority to issue shares for cash
 Ordinary resolution number 8:                   43 383 898        76.42     94.56         5.44        0.10
 To endorse the remuneration policy by way
 of a non-binding advisory vote
 Ordinary resolution number 9:                   43 383 898        76.42     96.46         3.54        0.10
 To endorse the remuneration
 implementation report by way of a non-
 binding advisory vote
 Ordinary resolution number 10:                  43 387 798        76.43       100            -        0.09
 To authorise any director or the Company
 Secretary to sign documentation
 Special resolution number 11:                   43 387 798        76.43     70.04         29.96        0.09
 Waiver of pre-emptive Rights
 Special resolution number 12:                   43 387 798        76.43     98.10          1.90        0.09
 Repurchase of shares

Notes:
1. As a percentage of total ordinary shares in issue
2. As a percentage of shares voted

Astoria has primary listings on the Stock Exchange of Mauritius and the Alternative Exchange of the JSE.

This communique has been issued pursuant to SEM Listing Rule 11.3 and Rule 5(1) of the Securities (Disclosure
Obligations of Reporting Issuers) Rules 2007. The Board of Directors of Astoria accepts full responsibility for the
accuracy of the information contained in this communique.

25 May 2022

JSE designated advisor
Questco Corporate Advisory Proprietary Limited


Company Secretary
Clermont Consultants (MU) Limited

Date: 25-05-2022 04:31:00
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