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Bid Corporation Limited
(Incorporated in the Republic of South Africa)
Registration number: 1995/008615/06
Share code: BID
ISIN: ZAE000216537
("Bidcorp" or "the Company")
REPORT ON PROCEEDINGS AT THE 2025 ANNUAL GENERAL MEETING AND CAPITAL MARKETS TRADING
UPDATE
At the annual general meeting ("AGM" or "the meeting") of the shareholders of Bidcorp held today, Thursday,
October 30th 2025, the ordinary and special resolutions proposed at the meeting were unmodified from those
reflected in the Notice of AGM and were all approved by the requisite majority votes.
Total number of shares in issue 336 904 212
Total number of shares represented (including proxies) at the AGM 276 858 674
Proportion of total voteable shares represented at the AGM 82,18%
Shares
Votes cast disclosed Shares voted
abstained
as a percentage of disclosed as a
Number of disclosed as a
Resolution the total number of percentage of
Shares Voted percentage of
shares voted at the the total issued
the total issued
meeting shares
shares
FOR AGAINST
Ordinary resolution number 1: Reappointment of
1
external auditor 99,83% 0,17% 276 585 170 82,10% 0,08%
Ordinary resolution number 2.1: Re-election of
2 independent non-executive director ' T Abdool-
Samad 99,83% 0,17% 276 585 170 82,10% 0,08%
Ordinary resolution number 2.2: Re-election of
3
independent non-executive director ' B Joffe 79,40% 20,60% 274 057 124 81,35% 0,83%
Ordinary resolution number 2.3: Re-election of
4
independent non-executive director ' KR Moloko 99,96% 0,04% 276 585 170 82,10% 0,08%
Ordinary resolution number 2.4: Re-election of
5
independent non-executive director ' CJ Rosenberg 99,50% 0,50% 276 585 170 82,10% 0,08%
Ordinary resolution number 3.1: Election of audit and
6
risk committee member - H Wiseman 97,71% 2,29% 276 585 170 82,10% 0,08%
Ordinary resolution number 3.2: Election of audit and
7
risk committee member - T Abdool-Samad 99,39% 0,61% 276 585 170 82,10% 0,08%
Ordinary resolution number 3.3: Election of audit and
8
risk committee member - PC Baloyi 89,24% 10,76% 276 585 170 82,10% 0,08%
Ordinary resolution number 3.4: Election of audit and
9
risk committee member - KR Moloko 99,99% 0,01% 276 585 170 82,10% 0,08%
Ordinary resolution number 3.5: Election of audit and
10
risk committee member - NG Payne 89,96% 10,04% 276 585 170 82,10% 0,08%
Ordinary resolution number 4.1: Election of
11 environmental, social and ethics committee member '
T Abdool-Samad 99,86% 0,14% 276 585 170 82,10% 0,08%
Ordinary resolution number 4.2: Election of
12 environmental, social and ethics committee member '
BL Berson 100,00% 0,00% 276 585 170 82,10% 0,08%
Ordinary resolution number 4.3: Election of
13 environmental, social and ethics committee member '
KR Moloko 99,99% 0,01% 276 585 170 82,10% 0,08%
Shares
Votes cast disclosed Shares voted
abstained
as a percentage of disclosed as a
Number of disclosed as a
Resolution the total number of percentage of
Shares Voted percentage of
shares voted at the the total issued
the total issued
meeting shares
shares
FOR AGAINST
Ordinary resolution number 4.4: Election of
14 environmental, social and ethics committee member '
NG Payne 96,92% 3,08% 276 585 170 82,10% 0,08%
Ordinary resolution number 4.5: Election of
15 environmental, social and ethics committee member '
H Wiseman 98,93% 1,07% 276 585 170 82,10% 0,08%
Ordinary resolution number 5.1: Endorsement of
16
Bidcorp's remuneration policy 94,44% 5,56% 276 583 225 82,10% 0,08%
Ordinary resolution number 5.2: Endorsement of
17
Bidcorp's Implementation of remuneration policy 95,88% 4,12% 275 883 073 81,89% 0,29%
Ordinary resolution number 6: General authority to
18 directors to allot and issue authorised but unissued
ordinary shares 85,03% 14,97% 276 585 498 82,10% 0,08%
Ordinary resolution number 7: General authority to
19
issue shares for cash 83,76% 16,24% 276 585 498 82,10% 0,08%
Ordinary resolution number 8: Payment of dividend by
20
way of pro rata reduction of stated capital 99,99% 0,01% 276 578 498 82,09% 0,08%
Ordinary resolution number 9: Creation and issue of
21
convertible debentures 84,51% 15,49% 276 585 498 82,10% 0,08%
Ordinary resolution number 10: Directors' authority to
22
implement special and ordinary resolutions 100,00% 0,00% 276 585 498 82,10% 0,08%
Special resolution number 1: General authority to
23
acquire (repurchase) shares 99,99% 0,01% 276 562 990 82,09% 0,09%
Special resolution number 2.1: Approval of non-
24 executive directors' annual fees for the year ending
June 30 2026 - Chairman 99,35% 0,65% 276 582 592 82,10% 0,08%
Special resolution number 2.2: Approval of non-
executive directors' annual fees for the year ending
25
June 30 2026 - Lead independent non-executive
director 99,38% 0,62% 276 582 592 82,10% 0,08%
Special resolution number 2.3: Approval of non-
26 executive directors' annual fees for the year ending
June 30 2026 - Non-executive directors 89,79% 10,21% 275 882 440 81,89% 0,29%
Special resolution number 2.4: Approval of non-
27 executive directors' annual fees for the year ending
June 30 2026 - Audit and risk committee chairman 99,38% 0,62% 276 582 592 82,10% 0,08%
Special resolution number 2.5: Approval of non-
28 executive directors' annual fees for the year ending
June 30 2026 - Audit and risk committee member 99,38% 0,62% 276 582 592 82,10% 0,08%
Special resolution number 2.6: Approval of non-
29 executive directors' annual fees for the year ending
June 30 2026 - Remuneration committee chairman 99,37% 0,63% 276 582 592 82,10% 0,08%
Special resolution number 2.7: Approval of non-
30 executive directors' annual fees for the year ending
June 30 2026 - Remuneration committee member 99,38% 0,62% 276 582 592 82,10% 0,08%
Special resolution number 2.8: Approval of non-
31 executive directors' annual fees for the year ending
June 30 2026 - Nominations committee chairman 99,37% 0,63% 276 582 592 82,10% 0,08%
Special resolution number 2.9: Approval of non-
32 executive directors' annual fees for the year ending
June 30 2026 - Nominations committee member 99,37% 0,63% 276 582 592 82,10% 0,08%
Shares
Votes cast disclosed Shares voted
abstained
as a percentage of disclosed as a
Number of disclosed as a
Resolution the total number of percentage of
Shares Voted percentage of
shares voted at the the total issued
the total issued
meeting shares
shares
FOR AGAINST
Special resolution number 2.10: Approval of non-
33 executive directors' annual fees for the year ending
June 30 2026 - Acquisitions committee chairman 99,39% 0,61% 276 582 592 82,10% 0,08%
Special resolution number 2.11: Approval of non-
34 executive directors' annual fees for the year ending
June 30 2026 - Acquisitions committee member 99,38% 0,62% 276 582 592 82,10% 0,08%
Special resolution number 2.12: Approval of non-
executive directors' annual fees for the year ending
35
June 30 2026 - Environmental, social and ethics
committee chairman 99,42% 0,58% 276 582 592 82,10% 0,08%
Special resolution number 2.13: Approval of non-
executive directors' annual fees for the year ending
36
June 30 2026 - Environmental, social and ethics
committee member 98,79% 1,21% 276 582 592 82,10% 0,08%
Special resolution number 2.14: Approval of non-
37 executive directors' annual fees for the year ending
June 30 2026 - Ad hoc meeting 98,11% 1,89% 276 582 592 82,10% 0,08%
Special resolution number 2.15: Approval of non-
38 executive directors' annual fees for the year ending
June 30 2026 - Travel per meeting cycle 99,51% 0,49% 276 582 592 82,10% 0,08%
Special resolution number 3: General authority to
39 provide financial assistance in terms of section 44 of
the Companies Act 96,61% 3,39% 276 585 170 82,10% 0,08%
CAPITAL MARKETS TRADING UPDATE
Shareholders are reminded that management will be hosting a capital markets trading update on Wednesday,
November 12th 2025 at 10H00 SAST, where an operational update will be provided. Full details are available on
the Bidcorp website (www.bidcorpgroup.com).
Date: October 30th 2025
Johannesburg
Sponsor: The Standard Bank of South Africa Limited
Date: 30-10-2025 05:13:00
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