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Results of Annual General Meeting
Gemfields Group Limited
Incorporated in Guernsey. Guernsey registration Number: 47656
South African external company registration number 2009/012636/10
Share code on JSE: GML / AIM: GEM
ISIN: GG00BG0KTL52 | LEI: 21380017GAVXTCYS5R31
("Gemfields" or the "Company")
Results of Annual General Meeting
LONDON, 25 JUNE 2024
Shareholders are advised that the Company's Annual General Meeting ("AGM") was held today,
Tuesday 25 June 2024.
All ordinary resolutions were passed by the requisite majority of shareholders. Both non-binding
advisory votes were also passed, with the support of over 75% of shareholders.
The Company acknowledges that special resolution 1 was not passed by the requisite 75% of
shareholders required.
Details of the voting results at the AGM are as follows:
Total number of Ordinary Shares (with voting rights) 1,166,695,130
Total number of Ordinary Shares present/represented including
785,134,494
proxies at the meeting (including shares abstained from voting)
Percentage of Ordinary Shares represented at the meeting 67.30%
Resolution proposed For Against Abstain (1)
Ordinary resolution 1:
To adopt the Company's Annual Report for the 785,106,596 0 27,898
year ended 31 December 2023
100.00% 0.00% 0.00%
Ordinary resolution 2:
To re-elect Mary Reilly, who is retiring by rotation, 604,127,634 180,832,078 174,782
as a Director of the Company
76.96% 23.04% 0.01%
Ordinary resolution 3:
To re-elect Kwape Mmela, who is retiring by 784,693,835 266,677 173,982
rotation, as a Director of the Company
99.97% 0.03% 0.01%
Ordinary resolution 4:
To re-elect Mary Reilly (subject to her re-election 604,053,636 180,906,876 173,982
as a Director pursuant to ordinary resolution 2), to
the Company's Audit Committee 76.95% 23.05% 0.01%
Ordinary resolution 5:
To re-elect Lumkile Mondi to the Company's Audit 604,241,274 180,718,438 174,782
Committee
76.98% 23.02% 0.01%
Ordinary resolution 6:
To re-appoint Ernst & Young LLP as the 785,036,164 83,548 14,782
Company's auditor (until the conclusion of the 2025
annual general meeting) and to authorise the 99.99% 0.01% 0.00%
Directors to fix their remuneration
Special resolution 1:
General authority to issue shares for cash and 513,345,866 271,753,154 35,474
waiver of pre-emption
65.39% 34.61% 0.00%
Non-binding advisory vote:
Endorsement of the Company's Remuneration 781,415,594 3,662,913 55,987
Policy
99.53% 0.47% 0.00%
Non-binding advisory vote:
Endorsement of the Company's Remuneration 600,836,842 184,241,665 55,987
Implementation Report
76.53% 23.47% 0.00%
(1) Abstentions are represented as a percentage of total number of Ordinary Shares (with voting
rights).
-ENDS-
Further information on Gemfields Group Limited can be found at:
GEMFIELDSGROUP.COM
To join our investor mailing list, contact us on:
ir@gemfields.com
For any press enquiries please contact us on:
gemfields@camarco.co.uk
ENQUIRIES
GEMFIELDS Sean Gilbertson / David Lovett / Ian Hughes
ir@gemfields.com
T: +44(0) 20 7518 3400
SPONSOR (JSE) Investec Bank Limited
NOMINATED ADVISER Liberum
(AIM) & BROKER Scott Mathieson / John More / Anake Singh
T: +44(0) 20 3100 2222
FINANCIAL PR/ IR Camarco
Gordon Poole / Emily Hall / Charlie Dingwall
T: +44(0) 20 3757 4980
ADDITIONAL INFORMATION ON GEMFIELDS
Gemfields is a world-leading responsible miner and marketer of coloured gemstones. Gemfields is
the operator and 75% owner of both the Kagem emerald mine in Zambia (believed to be the
world's single largest producing emerald mine) and the Montepuez ruby mine in Mozambique (one
of the most significant recently discovered ruby deposits in the world). In addition, Gemfields also
holds controlling interests in various other gemstone mining and prospecting licences in Zambia,
Mozambique, Ethiopia and Madagascar.
Gemfields' outright ownership of Fabergé - an iconic and prestigious brand of exceptional heritage
- enables Gemfields to optimise positioning, perception and consumer awareness of coloured
gemstones through Fabergé designs, advancing the wider group's "mine and market" vision.
Gemfields has developed a proprietary grading system and a pioneering auction platform to
provide a consistent supply of coloured gemstones to downstream markets, a key component of
Gemfields' business model that has played an important role in the growth of the global coloured
gemstone sector.
GEMFIELDS
GEMFIELDS.COM | INVESTORS |FOUNDATION
INSTAGRAM | FACEBOOK | TWITTER | YOUTUBE
FABERGÉ
FABERGÉ.COM | INSTAGRAM | FACEBOOK | TWITTER | YOUTUBE
KAGEM MINING LINKEDIN
MONTEPUEZ RUBY MINING LINKEDIN
Date: 25-06-2024 04:41:00
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