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NORTHAM PLATINUM HOLDINGS LIMITED - Results of the AGM and engagement with shareholders regarding the groups remuneration implementation report

Release Date: 28/10/2024 17:05
Code(s): NPH NHM016 NHM026 NHM025 NHM021 NHM015 NHM022 NHM023     PDF:  
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Results of the AGM and engagement with shareholders regarding the group’s remuneration implementation report

NORTHAM PLATINUM HOLDINGS LIMITED                            NORTHAM PLATINUM LIMITED
Incorporated in the Republic of South Africa                 Incorporated in the Republic of South Africa
Registration number: 2020/905346/06                          Registration number: 1977/003282/06
JSE share code: NPH ISIN: ZAE000298253                       JSE debt issuer code: NHMI
("Northam Holdings" or the "company" or, together with       Bond code: NHM015       Bond ISIN: ZAG000164922
its subsidiaries, "Northam" or the "group")                  Bond code: NHM016       Bond ISIN: ZAG000167750
                                                             Bond code: NHM021       Bond ISIN: ZAG000181496
                                                             Bond code: NHM022       Bond ISIN: ZAG000190133
                                                             Bond code: NHM023       Bond ISIN: ZAG000190968
                                                             Bond code: NHM025       Bond ISIN: ZAG000195934
                                                             Bond code: NHM026       Bond ISIN: ZAG000195942
                                                             ("Northam Platinum")


RESULTS OF THE ANNUAL GENERAL MEETING AND ENGAGEMENT WITH SHAREHOLDERS REGARDING THE GROUP'S REMUNERATION 
IMPLEMENTATION REPORT FOR THE YEAR ENDED 30 JUNE 2024

Northam Holdings shareholders ("shareholders") are advised that at the annual general meeting of shareholders held
on Monday, 28 October 2024 ("AGM"), all of the ordinary and special resolutions, as set out in the notice of AGM dated
Tuesday, 27 August 2024, were approved by the requisite majority of shareholders present or represented by proxy at
the AGM, save for the non-binding advisory ordinary resolution number 4.2.

For each resolution proposed at the AGM, the number and percentage of Northam Holdings ordinary shares ("shares")
voted on the resolution, the percentage of votes for and against each resolution, and the percentage of shares in respect
of which shareholders abstained from voting on such resolution, are as follows:


Ordinary resolution number 1.1 – re-election of Mr MH Jonas as a director

 Shares voted                  For                      Against                    Abstained
 330 373 946                   97.73%                   2.27%                      0.00%

 83.38%

Ordinary resolution number 1.2 – re-election of Mr JG Smithies as a director

 Shares voted                  For                      Against                    Abstained
 330 373 946                   99.38%                   0.62%                      0.00%

 83.38%

Ordinary resolution number 1.3 – re-election of Ms TE Kgosi as a director

 Shares voted                  For                      Against                    Abstained
 330 373 946                   97.19%                   2.81%                      0.00%

 83.38%

Ordinary resolution number 1.4 – election of Mrs G Wildschutt as a director

 Shares voted                  For                      Against                    Abstained
 330 373 946                   98.71%                   1.29%                      0.00%

 83.38%

Ordinary resolution number 2 – re-appointment of PricewaterhouseCoopers Incorporated (with the designated
external audit partner being Mr AJ Rossouw CA(SA)) as the independent external auditors of the group

 Shares voted                  For                      Against                    Abstained
 330 373 946                   99.97%                   0.03%                      0.00%

 83.38%

Ordinary resolution number 3.1 – election of Ms HH Hickey as a member of the audit and risk committee

 Shares voted                  For                      Against                    Abstained
 330 373 946                   99.60%                   0.40%                      0.00%

 83.38%

Ordinary resolution number 3.2 – election of Dr NY Jekwa as a member of the audit and risk committee

 Shares voted                  For                      Against                    Abstained
 330 373 946                   98.67%                   1.33%                      0.00%

 83.38%

Ordinary resolution number 3.3 – election of Mr MH Jonas as a member of the audit and risk committee

 Shares voted                  For                      Against                    Abstained
 330 353 946                   89.42%                   10.58%                     0.01%

 83.37%

Ordinary resolution number 4.1 – non-binding endorsement of the group's remuneration policy

 Shares voted                  For                      Against                    Abstained
 330 353 946                   89.92%                   10.08%                     0.01%

 83.37%

Ordinary resolution number 4.2* – non-binding endorsement of the group's remuneration implementation report

 Shares voted                  For                      Against                    Abstained
 330 353 946                   66.33%                   33.67%                     0.01%

 83.37%

Special resolution number 1 – approval of non-executive directors' fees

 Shares voted                  For                      Against                    Abstained
 330 373 946                   97.79%                   2.21%                      0.00%

 83.38%

Special resolution number 2 – approval of financial assistance in terms of sections 44 and 45 of the Companies Act,
No. 71 of 2008

 Shares voted                  For                      Against                    Abstained
 330 353 946                   98.88%                   1.12%                      0.01%

 83.37%

*As more than 25% of the votes cast by shareholders present or represented by proxy at the AGM on ordinary resolution
number 4.2 were exercised against the non-binding endorsement of the group's remuneration implementation report
("non-binding advisory resolution"), in accordance with the JSE Limited Listings Requirements and the
recommendations of the King IV Report on Corporate Governance for South Africa, 2016, the company hereby invites
dissenting shareholders to send their comments / concerns / questions / recommendations regarding the group's
remuneration implementation report, in writing, to Ms PB Beale, the company secretary of Northam, at
trish.beale@norplats.co.za, so as to be received by no later than close of business on Friday, 13 December 2024.

Notes:
- Percentages of shares voted on the resolutions are calculated as a percentage of the total issued stated capital of
  Northam Holdings, amounting to 396 238 229 shares.
- Percentages of shares voted for or against the resolutions are calculated as a percentage of the total number of
  shares voted in respect of the relevant resolution.
- Abstentions are calculated as a percentage of the total issued stated capital of Northam Holdings.


Johannesburg
28 October 2024

Corporate Advisor and Sponsor to Northam Holdings           
One Capital 
                                               
Corporate Advisor and Debt Sponsor to Northam Platinum
One Capital

Attorneys to Northam Holdings and Northam Platinum                           
Webber Wentzel
                                                
Date: 28-10-2024 05:05:00
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