ASTORIA INVESTMENTS LIMITED - Results of Annual General Meeting and availability of recording

Results of Annual General Meeting and availability of recording

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 AND AVAILABILITY OF RECORDING

Shareholders are advised that at the annual general meeting of shareholders of the Company held today,
24 May 2023 (in terms of the notice of annual general meeting dispatched to shareholders on 22 March 2023),
all of the resolutions tabled were passed by the requisite majority of Astoria shareholders, except for ordinary
resolution number 7 and special resolution number 11.

A recording of the annual general meeting will be made available on the Company’s website under the Investor
Relations section at www.astoria.mu

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: 56 000 000
    - total number of Astoria shares that were present/represented at the annual general meeting: 44 357 436,
      being 79.21% of total number of Astoria shares that were eligible to vote at the annual general meeting.

 Resolutions:                                           Shares voted               Votes    Votes       Voted
                                                                                     for  against   abstained

                                                        Number       % (1)         % (2)    % (2)       % (1)
 Ordinary resolution number 1:                      44 357 436      79.21%       100.00%    0.00%       0.00%
 To receive and adopt the audited financial
 statements of the Company for the year
 ended 31 December 2022, together with the
 Statement of Directors’ Responsibilities,
 Corporate Governance Report, and
 independent auditors’ report thereon

 Ordinary resolution number 2.1:                    44 357 436      79.21%       100.00%    0.00%       0.00%
 To re-elect Ms Casey Jorgensen as an
 independent non-executive director

 Ordinary resolution number 2.2:                    44 357 436      79.21%        98.52%    1.48%       0.00%
 To re-elect Ms Catherine McIlraith as a non-
 executive director

 Ordinary resolution number 3:                      44 357 161      79.21%       100.00%    0.00%       0.00%
 To reappoint Ernst & Young Mauritius and
 Ernst & Young South Africa as auditors

 Ordinary resolution number 4:                      44 357 161      79.21%       100.00%    0.00%       0.00%
 To approve the remuneration of the auditors

 Ordinary resolution number 5:                      44 356 061      79.21%        99.99%    0.01%       0.00%
 To approve the remuneration of non-
 executive directors

 Resolutions:                                             Shares voted             Votes     Votes       Voted
                                                                                     for   against   abstained

                                                        Number       % (1)         % (2)     % (2)       % (1)
 Ordinary resolution number 6:                      44 356 061      79.21%        74.09%    25.91%       0.00%
 To authorise the Board to issue shares

 Ordinary resolution number 7:                      44 356 061      79.21%        74.08%    25.92%       0.00%
 General authority to issue shares for cash

 Ordinary resolution number 8:                      44 357 161      79.21%        98.51%     1.49%       0.00%
 To endorse the remuneration policy by way
 of a non-binding advisory vote

 Ordinary resolution number 9:                      44 357 436      79.21%       100.00%     0.00%       0.00%
 To endorse the remuneration
 implementation report by way of a non-
 binding advisory vote

 Ordinary resolution number 10:                     44 357 436      79.21%       100.00%     0.00%       0.00%
 To authorise any director or the Company
 Secretary to sign documentation

 Special resolution number 11:                      44 357 436      79.21%        74.09%    25.91%       0.00%
 Waiver of pre-emptive rights

 Special resolution number 12:                      44 357 436      79.21%        99.94%     0.06%       0.00%
 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.

24 May 2023

JSE Designated Advisor                                                    Company Secretary
Questco Corporate Advisory Proprietary Limited                            Clermont Consultants (MU) Limited

Date: 24-05-2023 03:15:00
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