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Report on proceedings at the annual general meeting
Kumba Iron Ore Limited
A member of the Anglo American plc group
(Incorporated in the Republic of South Africa)
(Registration number 2005/015852/06)
Share code: KIO
ISIN: ZAE000085346
("Kumba" or "the Company")
REPORT ON PROCEEDINGS AT THE ANNUAL GENERAL MEETING
Kumba held its eighteenth annual general meeting ("AGM" or "the meeting") of shareholders in person and virtually on 28 May 2024. All the ordinary and special resolutions proposed at the meeting were approved by the requisite
majority of votes.
The audited annual financial statements of the Company, and of the Kumba group, including the reports of the directors, external auditors, audit committee, business performance and the social, ethics and transformation committee
for the financial year ended 31 December 2023 were presented.
Kumba confirms the voting statistics from the AGM as follows:
Votes cast disclosed as a
percentage in relation to the Shares voted disclosed Shares abstained disclosed
Resolutions total number of shares voted at as a percentage in as a percentage in relation
the meeting Number of shares relation to the total to the total issued share
For Against voted issued share capital* capital*
Ordinary resolution number 1: Re-appointment of PriceWaterhouseCoopers as independent external 100% 0.00% 297,224,539 92.28% 0.00%
auditors and Mr Sizwe Masondo as individual designated auditor
Ordinary Resolution Number 2.1 - To re-elect Mr Terence Goodlace as a director of the Company 99.37% 0.63% 297,224,539 92.28% 0.00%
Ordinary Resolution Number 2.2 - To re-elect Mrs Michelle Jenkins as a director of the Company 99.99% 0.01% 297,224,539 92.28% 0.00%
Ordinary Resolution Number 2.3 - To re-elect Mr Sango Ntsaluba as a director of the Company 99.02% 0.98% 297,224,539 92.28% 0.00%
Ordinary Resolution Number 3.1 - Election of Mr Sango Ntsaluba as a member of the Audit Committee 99.09% 0.91% 297,224,539 92.28% 0.00%
Ordinary Resolution Number 3.2 - Election of Mrs Mary Bomela as a member of the Audit Committee 99.95% 0.05% 297,224,539 92.28% 0.00%
Ordinary Resolution Number 3.3 - Election of Mr Aman Jeawon as a member of the Audit Committee 99.95% 0.05% 297,224,539 92.28% 0.00%
Ordinary Resolution Number 3.4 - Election of Mrs Michelle Jenkins as a member of the Audit Committee 99.99% 0.01% 297,224,539 92.28% 0.00%
Ordinary Resolution Number 4.1 - Approval of the remuneration policy by way of a non-binding advisory 99.12% 0.88% 297,223,739 92.28% 0.00%
vote
Ordinary Resolution Number 4.2 - Approval of the implementation of the remuneration policy by way of a 98.81% 1.19% 297,223,739 92.28% 0.00%
non-binding advisory vote
Ordinary Resolution Number 5 - General authority for directors to allot and issue ordinary shares 99.74% 0.26% 297,224,539 92.28% 0.00%
Ordinary Resolution Number 6 - Authorisation to sign documents to give effect to resolutions 100% 0.00% 297,224,539 92.28% 0.00%
Special Resolution Number 1 – Approval of the amended and restated Bonus and Retention Plan (BRP) 99.79% 0.21% 297,223,339 92.28% 0.00%
Rules
Special Resolution Number 2 - General authority to issue shares for cash 99.75% 0.25% 297,224,639 92.28% 0.00%
Special Resolution Number 3 - Remuneration payable to Non-Executive Directors 99.94% 0.06% 297,220,392 92.28% 0.00%
Special Resolution Number 4 - Approval for the granting of financial assistance in terms of Sections 44 and 99.91% 0.09% 297,223,839 92.28% 0.00%
45 of the Companies Act No. 71 of 2008
Special Resolution Number 5 - General authority to repurchase shares 96.67% 3.33% 297,203,239 92.27% 0.01%
*Total issued share capital is 322 085 974 shares.
Johannesburg
28 May 2024
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
For further information, please contact:
Company Secretary
Fazila Patel
fazila.patel@angloamerican.com
Tel: +27 683 7063
Mobile: +27 83 297 2293
Investors Media
Penny Himlok Sinah Phochana
penny.himlok@angloamerican.com sinah.phochana@angloamerican.com
Tel: +27 12 622 8324 Tel: +27 12 683 7019
Mobile: +27 82 781 1888 Mobile: +27 76 066 0655
Notes to editors:
Kumba Iron Ore Limited, a member of the Anglo American plc group, is a leading value-adding supplier of high quality iron ore to the global steel industry. Kumba produces iron ore in South Africa at Sishen and Kolomela mines in the
Northern Cape Province. Kumba exports iron ore to customers around the globe including in China, Japan, South Korea and a number of countries in Europe and the Middle East.
www.angloamericankumba.com
Anglo American is a leading global mining company, and our products are the essential ingredients in almost every aspect of modern life. Our portfolio of world-class competitive operations, with a broad range of future development
options, provides many of the future-enabling metals and minerals for a cleaner, greener, more sustainable world and that meet the fast growing every day demands of billions of consumers. With our people at the heart of our
business, we use innovative practices and the latest technologies to discover new resources and to mine, process, move and market our products to our customers – safely and sustainably.
As a responsible producer of copper, nickel, platinum group metals, diamonds (through De Beers), and premium quality iron ore and steelmaking coal – with crop nutrients in development – we are committed to being carbon neutral
across our operations by 2040. More broadly, our Sustainable Mining Plan commits us to a series of stretching goals to ensure we work towards a healthy environment, creating thriving communities and building trust as a corporate
leader. We work together with our business partners and diverse stakeholders to unlock enduring value from precious natural resources for the benefit of the communities and countries in which we operate, for society as a whole,
and for our shareholders. Anglo American is re-imagining mining to improve people's lives.
www.angloamerican.com
Date: 28-05-2024 01:17:00
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