Results of the Annual General Meeting HULAMIN LIMITED Incorporated in the Republic of South Africa (Registration number 1940/013924/06) ISIN: ZAE000096210 JSE Code: HLM (“Hulamin” or “the Company”) RESULTS OF THE ANNUAL GENERAL MEETING Hulamin shareholders are advised that, at the Annual General Meeting of the Company held on Wednesday, 15 May 2019, in terms of the notice of Annual General Meeting distributed on Wednesday, 10 April 2019, all the ordinary and special resolutions including the non-binding advisory votes proposed thereat were approved by the requisite majority of votes as set out below. As at Friday, 10 May 2019, being the Voting Record Date, Hulamin had 319 596 836 listed ordinary shares, 31 477 333 unlisted ordinary “A” shares and 36 072 000 unlisted ordinary “B” shares in issue. The total number of listed ordinary shares, unlisted ordinary “A” shares and unlisted ordinary “B” shares voted in person or by proxy at the Annual General Meeting were 233 387 923, 6 600 189 and 36 072 000, respectively, representing 73%, 21% and 100% of the Hulamin issued listed ordinary shares, unlisted ordinary “A” shares and unlisted ordinary “B” shares, respectively. Ordinary resolution number 1 Authorising the directors to appoint Ernst & Young as the independent registered auditors of the Company who will undertake the audit of the Company for the ensuing year, with Mr Sifiso Sithebe as the individual designated auditor of the Company Listed Ordinary Shares Unlisted Ordinary “A” Shares Unlisted Ordinary “B” Shares Combined All Classes of Shares Voted For Against Abstain Voted For Against Abstain Voted For Against Abstain Voted For Against Abstain (Number and (%) (%) (%)1 (Number (%) (%) (%)2 (Number (%) (%) (%)3 (Number and (%) (%) (%)4 %1) and %2) and %3) %4) 233 336 276 100% 0% 0.02% 5 120 556 72.85% 27.15% 4.70% 36 072 000 100% 0% 0% 274 528 832 99.49% 0.51% 0.40% 73.01% 16.27% 100% 70.91% Ordinary resolution number 2.1 Re-election of Mr CA Boles as a non-executive director who retires in accordance with Article 33.11 of the Company’s Memorandum of Incorporation Listed Ordinary Shares Unlisted Ordinary “A” Shares Unlisted Ordinary “B” Shares Combined All Classes of Shares Voted For Against Abstain Voted For Against Abstain Voted For Against Abstain Voted For Against Abstain (Number (%) (%) (%)1 (Number (%) (%) (%)2 (Number (%) (%) (%)3 (Number and (%) (%) (%)4 and %1) and %2) and %3) %4) 233 286 276 99.94% 0.06% 0.03% 6 476 468 100% 0% 0.39% 36 072 000 100% 0% 0% 275 834 744 99.95% 0.05% 0.06% 72.99% 20.58% 100% 71.25% Ordinary resolution number 2.2 Re-election of Mr TP Leeuw as an independent non-executive director who retires in accordance with Article 33.11 of the Company’s Memorandum of Incorporation Listed Ordinary Shares Unlisted Ordinary “A” Shares Unlisted Ordinary “B” Shares Combined All Classes of Shares Voted For Against Abstain Voted For Against Abstain Voted For Against Abstain Voted For Against Abstain (Number (%) (%) (%)1 (Number (%) (%) (%)2 (Number (%) (%) (%)3 (Number and (%) (%) (%)4 and %1) and %2) and %3) %4) 233 286 276 85.64% 14.36% 0.03% 6 213 147 100% 0% 1.23% 36 072 000 100% 0% 0% 275 571 423 87.84% 12.16% 0.13% 72.99% 19.74% 100% 71.18% Ordinary resolution number 2.3 Re-election of Mr N Maharajh as a non-executive director who retires in accordance with Article 33.11 of the Company’s Memorandum of Incorporation Listed Ordinary Shares Unlisted Ordinary “A” Shares Unlisted Ordinary “B” Shares Combined All Classes of Shares Voted For Against Abstain Voted For Against Abstain Voted For Against Abstain Voted For Against Abstain (Number (%) (%) (%)1 (Number (%) (%) (%)2 (Number (%) (%) (%)3 (Number and (%) (%) (%)4 and %1) and %2) and %3) %4) 233 186 276 99.89% 0.11% 0.06% 6 213 147 100% 0% 1.23% 36 072 000 100% 0% 0% 275 471 423 99.91% 0.09% 0.15% 72.96% 19.74% 100% 71.15% Ordinary resolution number 2.4 Re-election Mr MZ Mkhize as a non-executive director who retires in accordance with Article 33.11 of the Company’s Memorandum of Incorporation Listed Ordinary Shares Unlisted Ordinary “A” Shares Unlisted Ordinary “B” Shares Combined All Classes of Shares Voted For Against Abstain Voted For Against Abstain Voted For Against Abstain Voted For Against Abstain (Number (%) (%) (%)1 (Number (%) (%) (%)2 (Number (%) (%) (%)3 (Number and (%) (%) (%)4 and %1) and %2) and %3) %4) 233 286 276 99.94% 0.06% 0.03% 6 600 189 100% 0% 0% 36 072 000 100% 0% 0% 275 958 465 99.95% 0.05% 0.03% 72.99% 20.97% 100% 71.28% Ordinary resolution number 2.5 Re-election of Mr GHM Watson as an independent non-executive director who retires in accordance with Article 33.11 of the Company’s Memorandum of Incorporation Listed Ordinary Shares Unlisted Ordinary “A” Shares Unlisted Ordinary “B” Shares Combined All Classes of Shares Voted For Against Abstain Voted For Against Abstain Voted For Against Abstain Voted For Against Abstain (Number (%) (%) (%)1 (Number (%) (%) (%)2 (Number (%) (%) (%)3 (Number and (%) (%) (%)4 and %1) and %2) and %3) %4) 233 286 276 85.66% 14.34% 0.03% 6 089 426 100% 0% 1.62% 36 072 000 100% 0% 0% 275 447 702 87.85% 12.15% 0.16% 72.99% 19.35% 100% 71.15% Ordinary resolution number 3.1 Election of Mr N Maharajh as a member and the chairman of the group Audit Committee Listed Ordinary Shares Unlisted Ordinary “A” Shares Unlisted Ordinary “B” Shares Combined All Classes of Shares Voted For Against Abstain Voted For Against Abstain Voted For Against Abstain Voted For Against Abstain (Number (%) (%) (%)1 (Number (%) (%) (%)2 (Number (%) (%) (%)3 (Number and (%) (%) (%)4 and %1) and %2) and %3) %4) 232 936 276 99.89% 0.11% 0.14% 5 949 827 100% 0% 2.07% 36 072 000 100% 0% 0% 274 958 103 99.91% 0.09% 0.28% 72.88% 18.90% 100% 71.02% Ordinary resolution number 3.2 Election of Mr CA Boles as a member of the group Audit Committee Listed Ordinary Shares Unlisted Ordinary “A” Shares Unlisted Ordinary “B” Shares Combined All Classes of Shares Voted For Against Abstain Voted For Against Abstain Voted For Against Abstain Voted For Against Abstain (Number and (%) (%) (%)1 (Number (%) (%) (%)2 (Number (%) (%) (%)3 (Number and (%) (%) (%)4 %1) and %2) and %3) %4) 233 036 276 99.94% 0.06% 0.11% 5 949 827 100% 0% 2.07% 36 072 000 100% 0% 0% 275 058 103 99.95% 0.05% 0.26% 72.92% 18.90% 100% 71.05% Ordinary resolution number 3.3 Election of Ms NNA Matyumza as a member of the group Audit Committee Listed Ordinary Shares Unlisted Ordinary “A” Shares Unlisted Ordinary “B” Shares Combined All Classes of Shares Voted For Against Abstain Voted For Against Abstain Voted For Against Abstain Voted For Against Abstain (Number (%) (%) (%)1 (Number (%) (%) (%)2 (Number (%) (%) (%)3 (Number and (%) (%) (%)4 and %1) and %2) and %3) %4) 233 036 276 98.25% 1.75% 0.11% 5 949 827 100% 0% 2.07% 36 072 000 100% 0% 0% 275 058 103 98.52% 1.48% 0.26% 72.92% 18.90% 100% 71.05% Special resolution number 1 Approval of non-executive the directors’ fees Listed Ordinary Shares Unlisted Ordinary “A” Shares Unlisted Ordinary “B” Shares Combined All Classes of Shares Voted For Against Abstain Voted For Against Abstain Voted For Against Abstain Voted For Against Abstain (Number (%) (%) (%)1 (Number (%) (%) (%)2 (Number (%) (%) (%)3 (Number and (%) (%) (%)4 and %1) and %2) and %3) %4) 233 337 327 92.31% 7.69% 0.02% 4 996 834 97.52% 2.48% 5.09% 36 072 000 100% 0% 0% 274 406 161 93.42% 6.58% 0.43% 73.01% 15.87% 100% 70.88% Special resolution number 2 Provision of financial assistance in terms of the Companies Act Listed Ordinary Shares Unlisted Ordinary “A” Shares Unlisted Ordinary “B” Shares Combined All Classes of Shares Voted For Against Abstain Voted For Against Abstain Voted For Against Abstain Voted For Against Abstain (Number (%) (%) (%)1 (Number (%) (%) (%)2 (Number (%) (%) (%)3 (Number and (%) (%) (%)4 and %1) and %2) and %3) % 4) 233 237 327 99.97% 0.03% 0.05% 5 949 827 100% 0% 2.07% 36 072 000 100% 0% 0% 275 259 154 99.98% 0.02% 0.21% 72.98% 18.90% 100% 71.10% Special resolution number 3 General authority to repurchase shares in the Company Listed Ordinary Shares Unlisted Ordinary “A” Shares Unlisted Ordinary “B” Shares Combined All Classes of Shares Voted For Against Abstain Voted For Against Abstain Voted For Against Abstain Voted For Against Abstain (Number (%) (%) (%)1 (Number (%) (%) (%)2 (Number (%) (%) (%)3 (Number and (%) (%) (%)4 and %1) and % 2) and %3) %4) 233 337 327 99.95% 0.05% 0.02% 5 949 827 97.92% 2.08% 2.07% 36 072 000 100% 0% 0% 275 359 154 99.91% 0.09% 0.18% 73.01% 18.90% 100% 71.13% Non-binding advisory vote – Remuneration policy Listed Ordinary Shares Unlisted Ordinary “A” Shares Unlisted Ordinary “B” Shares Combined All Classes of Shares Voted For Against Abstain Voted For Against Abstain Voted For Against Abstain Voted For Against Abstain (Number (%) (%) (%)1 (Number (%) (%) (%)2 (Number (%) (%) (%)3 (Number and (%) (%) (%)4 and %1) and %2) and %3) %4) 227 786 175 74.53% 25.47% 1.75% 4 343 154 100% 0% 7.17% 36 072 000 100% 0% 0% 268 201 329 78.37% 21.63% 2.03% 71.27% 13.80% 100% 69.28% Non-binding advisory vote – Implementation report Listed Ordinary Shares Unlisted Ordinary “A” Shares Unlisted Ordinary “B” Shares Combined All Classes of Shares Voted For Against Abstain Voted For Against Abstain Voted For Against Abstain Voted For Against Abstain (Number (%) (%) (%)1 (Number (%) (%) (%)2 (Number (%) (%) (%)3 (Number and (%) (%) (%)4 and %1) and %2) and %3) %4) 227 686 149 89.20% 10.80% 1.78% 5 702 385 100% 0% 2.85% 36 072 000 100% 0% 0% 269 460 534 90.88% 9.12% 1.70% 71.24% 18.12% 100% 69.60% Notes: 1. Expressed as a percentage of 319 596 836 Hulamin listed ordinary shares in issue as at the Voting Record Date. 2. Expressed as a percentage of 31 477 333 Hulamin unlisted ordinary “A” shares in issue as at the Voting Record Date. 3. Expressed as a percentage of 36 072 000 Hulamin unlisted ordinary “B” shares in issue as at the Voting Record Date. 4. Expressed as a percentage of 387 146 169 Hulamin total shares in issue (all classes combined) as at the Voting Record Date. Pietermaritzburg 16 May 2019 Sponsor Questco Corporate Advisory Proprietary Limited Date: 16/05/2019 04:45:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. 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