RESULTS OF GENERAL MEETING OF SHAREHOLDERS

RESULTS OF GENERAL MEETING OF SHAREHOLDERS

Shareholders are hereby advised that at the general meeting of the Company held  at the offices of the Company, Hosken Consolidated Investments Limited, Suite 801, 76 Regent Road, Sea Point, Cape Town, 8005, at 10:00 today, Thursday 29 January 2026 (“GM”),  the special resolution and ordinary resolutions were passed by the requisite majorities of the Company’s shareholders.

 

Capitalised words and phrases in this announcement shall, unless the context indicates otherwise, bear the same meanings ascribed thereto in the Circular.

 

Details of the results of the voting at the GM are as follows:

 

 

Resolutions proposed at the GM

Votes for resolution as a percentage of total number of shares voted at GM

Votes against resolution as a percentage of total number of shares voted at GM

Number of shares voted at GM

Number of shares voted at GM as a percentage of shares in issue*

Number of shares abstained as a percentage of shares in issue*

Special Resolution

1.  Specific Authority for the purchase by Squirewood of 1 100 000 HCI Shares from a related party  SACTWU

 

93.80%

6.20%

48 614 831

57.70%

0.01%

Ordinary resolutions

1.  Approval of the Related Party Transactions

66.93%

33.07%

48 614 831

57.70%

0.01%

2.  Directors’ authority to implement Resolutions

82.76%

17.24%

48 614 831

57.70%

0.01%

 

* The total number of shares in issue at the GM was 84 248 701 of which 8 043 217 were treasury shares.

 

 

Cape Town

29 January 2026

Sponsor: Investec Bank Limited