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Results of the Sibanye-Stillwater Annual General Meeting (AGM)
Sibanye Stillwater Limited
Incorporated in the Republic of South Africa
Registration number 2014/243852/06
Share codes: SSW (JSE) and SBSW (NYSE)
ISIN – ZAE000259701
Issuer code: SSW
("Sibanye-Stillwater" or the "Group" or the "Company")
Website: www.sibanyestillwater.com
Results of the Sibanye-Stillwater Annual General Meeting (AGM)
Johannesburg, 28 May 2024: Sibanye-Stillwater (Tickers JSE: SSW and NYSE: SBSW) advises
shareholders that all resolutions were passed by the requisite majority at the Group's
AGM held by way of utilising electronic communication and electronic platforms at 09:00
(CAT) this morning with the exception of the non-binding Ordinary Resolution number 13.
The number of shares voted in person or by proxy was 2,202,970,456 representing 77.83%
of Sibanye-Stillwater's 2,830,567,264 total ordinary shares in issue. The resolutions
proposed at the AGM and the percentage of shares voted for and against each resolution,
as well as those that abstained, are set out below:
Resolution % of votes % of votes Number of % of % of
for the against the shares voted Shares Shares
resolution (1) resolution (1) voted (2) abstained
(2)
Ordinary Resolution 1 – 99.70% 0.30% 2,198,606,384 77.67% 0.16%
Re-appointment of auditors
and Individual Auditor
Ordinary Resolution 2 – 99.21% 0.79% 2,197,654,803 77.64% 0.19%
Election of a director:
PFM Boisseau
Ordinary Resolution 3 – 92.46% 7.54% 2,197,711,031 77.64% 0.19%
Re-election of a director:
RP Menell
Ordinary Resolution 4 – 93.07% 6.93% 2,197,629,627 77.64% 0.19%
Re-election of a director:
JS Vilakazi
Ordinary Resolution 5 – 96.50% 3.50% 2,197,705,815 77.64% 0.19%
Re-election of a director:
EJ Dorward-King
Ordinary Resolution 6 – 94.35% 5.65% 2,197,624,599 77.64% 0.19%
Election of a member and
Chair of the Audit
Committee: KA Rayner
Ordinary Resolution 7 – 95.72% 4.28% 2,197,683,535 77.64% 0.19%
Election of a member of
the Audit Committee: TJ
Cumming
Ordinary Resolution 8 – 95.55% 4.45% 2,197,667,247 77.64% 0.19%
Election of a member of
the Audit Committee: RP
Menell
Ordinary Resolution 9 – 99.11% 0.89% 2,195,097,513 77.55% 0.28%
Election of a member of
the Audit Committee: SV
Zilwa
Ordinary Resolution 10 – 92.16% 7.84% 2,201,470,831 77.77% 0.06%
Approval for the issue of
authorised but unissued
ordinary shares
Ordinary Resolution 11 – 92.27% 7.73% 2,201,422,875 77.77% 0.06%
Approval for the issuing
of equity securities for
cash
Ordinary Resolution 12 – 96.85% 3.15% 2,199,629,218 77.71% 0.12%
Non-binding advisory vote
on Remuneration policy
Ordinary Resolution 13 – 74.92% 25.08% 2,199,606,587 77.71% 0.12%
Non-binding advisory vote
on Remuneration
Implementation Report *
Special Resolution 1 – 98.16% 1.84% 2,194,894,943 77.54% 0.29%
Approval for the annual
retainer fees of non-
executive directors
resident in Africa
Special Resolution 2 – 98.18% 1.82% 2,194,816,111 77.54% 0.29%
Approval for the annual
retainer fees of non-
executive directors
resident outside of Africa
Special Resolution 3 – 92.93% 7.07% 2,194,834,519 77.54% 0.29%
Approval for fees
applicable to additional
Ad Hoc Committee and Board
meetings
Special Resolution 4 – 98.23% 1.77% 2,191,743,205 77.43% 0.40%
Approval of Travel Fee
Special Resolution 5 – 98.77% 1.23% 2,191,735,591 77.43% 0.40%
Approval for the Company
to grant financial
assistance in terms of
sections 44 and 45 of the
Act
Special Resolution 6 – 78.39% 21.61% 2,201,192,549 77.77% 0.07%
Acquisition of the
Company's own shares and
American depository shares
Notes:
(1) The shares voted disclosed as a percentage in relation to the total number of shares
voted at the meeting.
(2) The shares voted or abstained disclosed as a percentage in relation to the total issued
share capital.
* Engagement with Shareholders regarding Sibanye-Stillwater's Remuneration
Implementation Report (Ordinary resolution 13):
Due to more than 25% of the voting rights exercised voted against the Company's
Remuneration Implementation Report, dissenting shareholders are hereby invited, in line
with the King IV Report on Corporate Governance for South Africa, 2016 and paragraph
3.84(j) of the JSE Listings Requirements, to raise any concerns and recommendations by
email with the Company from the date of this AGM results announcement up to and including
30 June 2024.
The Company, through the Remuneration committee, will address all legitimate objections
and concerns raised in writing, and if required, engage further with shareholders.
Feedback on the outcome of the process will be reported in terms of the applicable JSE
Listing Requirements.
Shareholders who wish to participate in this process are requested to email the Group
company secretary, Lerato Matlosa, via email at lerato.matlosa@sibanyestillwater.com.
Ends.
About Sibanye-Stillwater
Sibanye-Stillwater is a multinational mining and metals processing group with a diverse portfolio
of operations, projects and investments across five continents. The Group is also one of the
foremost global recyclers of PGM autocatalysts and has interests in leading mine tailings
retreatment operations.
Sibanye-Stillwater is one of the world's largest primary producers of platinum, palladium, and
rhodium and is a top tier gold producer. It also produces and refines iridium and ruthenium,
nickel, chrome, copper and cobalt. The Group has recently begun to diversify its asset portfolio
into battery metals mining and processing and increase its presence in the circular economy by
growing its recycling and tailings reprocessing exposure globally. For more information refer
to www.sibanyestillwater.com.
Investor relations contact:
Email: ir@sibanyestillwater.com
James Wellsted
Executive Vice President: Investor Relations and Corporate Affairs
Tel: +27 (0) 83 453 4014
Website: www.sibanyestillwater.com
LinkedIn: https://www.linkedin.com/company/sibanye-stillwater
Facebook: https://www.facebook.com/SibanyeStillwater
YouTube: https://www.youtube.com/@sibanyestillwater/videos
X: https://twitter.com/SIBSTILL
Sponsor: J.P. Morgan Equities South Africa Proprietary Limited
FORWARD LOOKING STATEMENTS
This announcement contains forward-looking statements within the meaning of the "safe harbour" provisions
of the United States Private Securities Litigation Reform Act of 1995. All statements other than statements
of historical fact included in this announcement may be forward-looking statements. Forward-looking
statements may be identified by the use of words such as "will", "would", "expect", "forecast", "potential",
"may", "could", "believe", "aim", "anticipate", "target", "estimate" and words of similar meaning.
These forward-looking statements, including, among others, those relating to Sibanye-Stillwater Limited's
("Sibanye-Stillwater") future business prospects, financial positions, production and operational guidance,
climate and ESG-related statements, targets and metrics, business strategies, plans and objectives of
management for future operations and ability to complete or successfully integrate ongoing and future
acquisitions, are necessarily estimates reflecting the best judgement of Sibanye-Stillwater's senior
management. Readers are cautioned not to place undue reliance on such statements.
Forward-looking statements involve a number of known and unknown risks, uncertainties and other factors,
many of which are difficult to predict and generally beyond the control of Sibanye-Stillwater that could
cause its actual results and outcomes to be materially different from historical results or from any future
results expressed or implied by such forward-looking statements. As a consequence, these forward-looking
statements should be considered in light of various important factors, including those set forth in Sibanye-
Stillwater's 2023 Integrated Report and annual report on Form 20-F filed with the United States Securities
and Exchange Commission on 26 April 2024 (SEC File no. 333-234096). These forward-looking statements speak
only as of the date of this announcement. Sibanye-Stillwater expressly disclaims any obligation or
undertaking to update or revise any forward- looking statement (except to the extent legally required).
Date: 28-05-2024 05:10:00
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