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Results of Annual General Meeting
MOMENTUM GROUP LIMITED
(previously MOMENTUM METROPOLITAN HOLDINGS LIMITED)
Incorporated in the Republic of South Africa
Registration number: 2000/031756/06
JSE share code: MTM
A2X share code: MTM
NSX share code: MMT
ISIN code: ZAE000269890
("Momentum Group" or "the Group")
RESULTS OF THE ANNUAL GENERAL MEETING (AGM)
Momentum Group advises its shareholders that all the ordinary and special resolutions
proposed in the notice of the AGM dated 11 October 2024, and tabled at the Company's AGM held
on Thursday, 21 November 2024, were passed by the requisite majority of votes cast by the
shareholders of the Company. The voting details with respect to the proposed resolutions are
as follows:
Number of Percentage
shares voted shares Percentage Percentage Percentage
Resolution
(excluding voted*(excluding For** Against** Abstained*
abstentions) abstentions)
Ordinary Resolution
1.1: Election of
Mr Hilgard Pieter
(Hillie) Meyer 1,105,430,321 78.67% 100.00% 0.00% 2.12%
Ordinary Resolution
1.2: Election of
Ms Sharoda Rapeti 1,105,430,321 78.67% 100.00% 0.00% 2.12%
Ordinary Resolution
2.1: Re-election of
directors: Ms Linda de
Beer 1,105,380,047 78.67% 96.06% 3.94% 2.13%
Ordinary Resolution
2.2: Re-election of
directors: Mr Nigel
97.54%
John Dunkley 1,105,430,321 78.67% 2.46% 2.12%
Ordinary Resolution
2.3: Re-election of
directors:
Mr Thanaseelan (Seelan)
96.92%
Gobalsamy 1,105,427,321 78.67% 3.08% 2.12%
Ordinary Resolution
3.1: Re-appointment of
Ernst & Young Inc. as
joint independent
Auditors, with
Mr Christo du Toit as
the designated audit
partner 1,105,430,350 78.67% 99.93% 0.07% 2.12%
Ordinary Resolution
3.2: Appointment of
PricewaterhouseCoopers
Inc. as joint
independent Auditors,
with Ms Dilshad Khalfey
as the designated audit
partner 1,105,430,350 78.67% 99.93% 0.07% 2.12%
Ordinary Resolution
4.1: Re-appointment of
audit committee member
and chair: Ms Linda de
Beer 1,105,429,921 78.67% 99.10% 0.90% 2.12%
Ordinary Resolution
4.2: Re-appointment of
audit committee member:
Mr Nigel John Dunkley 1,105,430,321 78.67% 99.99% 0.01% 2.12%
Ordinary Resolution
4.3: Re-appointment of
audit committee member:
Mr Thanaseelan(Seelan)
Gobalsamy 1,105,427,321 78.67% 96.93% 3.07% 2.12%
Ordinary Resolution
4.4: Re-appointment of
audit committee member:
Mr David James Park 1,105,430,321 78.67% 100.00% 0.00% 2.12%
Ordinary Resolution
4.5: Re-appointment of
audit committee member:
Mr Devrajh Tyrone
Soondarjee 1,105,427,321 78.67% 99.99% 0.01% 2.12%
Ordinary Resolution 5:
Implementation of
ordinary and special
resolutions 1,105,420,321 78.67% 100.00% 0.00% 2.12%
Resolution 6: Passing
of non-binding advisory
vote on the Momentum
Group Remuneration
Policy 1,099,863,898 78.27% 94.51% 5.49% 2.52%
Resolution 7: Passing
of non-binding advisory
vote on the Momentum
Group Implementation
Report 1,098,078,554 78.15% 79.55% 20.45% 2.65%
Special Resolution 1:
General authority to
repurchase Company
shares 1,105,141,245 78.65% 99.78% 0.22% 2.14%
Special Resolution 2:
Approval to provide
financial assistance in
terms of sections 44
and 45 of the Companies
Act 1,105,430,350 78.67% 98.15% 1.85% 2.12%
Special Resolution 3:
Non-executive
directors' fees
3.1 Board Chair
1,105,377,862 78.67% 98.12% 1.88% 2.13%
3.2 Non-executive
Director
1,105,377,862 78.67% 99.96% 0.04% 2.13%
3.3 Actuarial
Committee Chair 1,105,377,862 78.67% 99.96% 0.04% 2.13%
3.4 Actuarial
Committee Member 1,105,377,862 78.67% 99.96% 0.04% 2.13%
3.5 Audit Committee
Chair 1,105,358,096 78.66% 99.96% 0.04% 2.13%
3.6 Audit Committee
Member 1,105,358,096 78.66% 99.96% 0.04% 2.13%
3.7 Fair Practices
Committee Chair 1,105,358,096 78.66% 99.96% 0.04% 2.13%
3.8 Fair Practices
Committee Member 1,105,358,096 78.66% 99.96% 0.04% 2.13%
3.9 Investments
Committee Chair 1,105,377,862 78.67% 99.96% 0.04% 2.13%
3.10 Investments
Committee Member 1,105,377,862 78.67% 99.96% 0.04% 2.13%
3.11 Nominations
Committee Chair 1,105,377,862 78.67% 99.96% 0.04% 2.13%
3.12 Nominations
Committee Member 1,105,377,862 78.67% 99.96% 0.04% 2.13%
3.13 Remuneration
Committee Chair 1,105,377,862 78.67% 99.96% 0.04% 2.13%
3.14 Remuneration
Committee Member 1,105,377,862 78.67% 99.96% 0.04% 2.13%
3.15 Risk, Capital and
Compliance
Committee Chair 1,105,377,862 78.67% 99.96% 0.04% 2.13%
3.16 Risk, Capital and
Compliance
Committee Member 1,105,377,862 78.67% 99.96% 0.04% 2.13%
3.17 Social, Ethics and
Transformation
Committee Chair 1,105,377,862 78.67% 99.96% 0.04% 2.13%
3.18 Social, Ethics and
Transformation
Committee Member 1,105,377,862 78.67% 99.96% 0.04% 2.13%
3.19 Ad hoc fee per
hour 1,105,377,862 78.67% 79.80% 20.20% 2.13%
3.20 Permanent invitee -
the fee will be the
membership fee of
the committee that
the invitee sits on 1,105,377,862 78.67% 98.24% 1.76% 2.13%
* Based on 1 405 148 402 ordinary shares in issue as at record date 15 November 2024
** Based on the number of shares voted, excluding abstentions
Centurion
21 November 2024
Sponsor:
Merrill Lynch South Africa (Pty) Limited t/a BofA Securities
Sponsor in Namibia
Simonis Storm Securities (Pty) Limited
Date: 22-11-2024 07:05:00
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