Old Mutual Limited
Incorporated in the Republic of South Africa
Registration number: 2017/235138/06
ISIN: ZAE000255360
LEI: 213800MON84ZWWPQCN47
JSE Share Code: OMU
MSE Share Code: OMU
NSX Share Code: OMM
ZSE Share Code: OMU
("Old Mutual" or "the Company")
Ref xx/24
31 May 2024
RESULTS OF SHAREHOLDERS' VOTING AT THE ANNUAL GENERAL MEETING ("AGM")
Shareholders are advised that the ordinary and special resolutions proposed in the notice of AGM to shareholders dated 12 April 2024, were passed by the requisite majority of votes of shareholders present in person or represented by proxy at the Company's AGM held on Friday, 31 May 2024.
The voting results were as follows:
| RESOLUTIONS | TOTAL SHARES VOTED | SHARES ABSTAINED | |||
| | FOR (%) | AGAINST (%) | NUMBER | %* | %* |
| Ordinary Resolution 1.1: To re-elect Itumeleng Kgaboesele as a director of the Company | 97.38% | 2.62% | 3,263,316,444 | 68.11% | 0.30% |
| Ordinary Resolution 1.2: To re-elect Jaco Langner as a director of the Company | 99.61% | 0.39% | 3,263,359,371 | 68.12% | 0.30% |
| Ordinary Resolution 1.3: To re-elect Trevor Manuel as a director of the Company | 97.78% | 2.22% | 3,263,551,498 | 68.12% | 0.30% |
| Ordinary Resolution 1.4: To re-elect Nomkhita Nqweni as a director of the Company | 99.70% | 0.30% | 3,261,633,433 | 68.08% | 0.34% |
| Ordinary Resolution 1.5: To elect Busisiwe Silwanyana as a director of the Company | 99.84% | 0.16% | 3,258,512,337 | 68.01% | 0.40% |
| Ordinary Resolution 1.6: To elect Jurie Strydom as a director of the Company | 99.81% | 0.19% | 3,260,156,804 | 68.05% | 0.37% |
| Ordinary Resolution 2.1: To elect Olufunke Ighodaro as a member of the Audit committee | 98.43% | 1.57% | 3,260,647,438 | 68.06% | 0.36% |
| Ordinary Resolution 2.2: To elect Itumeleng Kgaboesele as a member of the Audit committee | 97.44% | 2.56% | 3,261,643,006 | 68.08% | 0.34% |
| Ordinary Resolution 2.3: To elect Jaco Langner as a member of the Audit committee | 99.68% | 0.32% | 3,260,953,268 | 68.07% | 0.35% |
| Ordinary Resolution 2.4: To elect John Lister as a member of the Audit committee | 99.30% | 0.70% | 3,262,058,313 | 68.09% | 0.33% |
| Ordinary Resolution 2.5: To elect Nomkhita Nqweni as a member of the Audit committee | 99.83% | 0.17% | 3,259,820,314 | 68.04% | 0.38% |
| Ordinary Resolution 2.6: To elect Busisiwe Silwanyana as a member of the Audit committee | 99.85% | 0.15% | 3,260,192,582 | 68.05% | 0.37% |
| Ordinary Resolution 2.7: To elect Jurie Strydom as a member of the Audit committee | 99.82% | 0.18% | 3,262,368,240 | 68.10% | 0.32% |
| Ordinary Resolution 3.1: To re-appoint Deloitte & Touche as joint auditors until the conclusion of the next AGM of the company | 99.03% | 0.97% | 3,261,956,979 | 68.09% | 0.33% |
| Ordinary Resolution 3.2: To re-appoint Ernst & Young Inc. as joint auditors until the conclusion of the next AGM of the Company | 99.80% | 0.20% | 3,266,436,842 | 68.18% | 0.24% |
| Ordinary Resolution 4.1: Non-binding advisory vote on the Company's Remuneration Policy | 88.49% | 11.51% | 3,263,159,854 | 68.11% | 0.31% |
| Ordinary Resolution 4.2: Non-binding advisory vote on the Company's Remuneration Implementation Report | 94.20% | 5.80% | 3,262,889,151 | 68.11% | 0.31% |
| Special Resolution 1: To approve the remuneration payable to non-executive directors | 98.58% | 1.42% | 3,262,113,045 | 68.09% | 0.33% |
| Special Resolution 2: To grant general authority to acquire the Company's own ordinary shares | 99.99% | 0.01% | 3,159,766,726 | 65.95% | 0.15% |
| Special Resolution 3: To approve the provisions of financial assistance to subsidiaries and other related and inter-related entities and to directors, prescribed officers and other persons participating in share or other employee incentive schemes | 97.76% | 2.24% | 3,265,264,588 | 68.16% | 0.26% |
*as a percentage of total number of shares in issue as at 24 May 2024 being 4,790,906,428.
Sandton
| Johannesburg Stock Exchange | Tamela Holdings (Pty) Ltd |
| Malawi Stock Exchange | Stockbrokers Malawi Limited |
| Namibia Stock Exchange | PSG Wealth Management (Namibia) Proprietary Limited |
| Zimbabwe Stock Exchange | Imara Capital Zimbabwe plc |
Enquiries
| Investor Relations | |
| |
| Langa Manqele Head of Investor Relations
| M: +27 82 295 9840 E: investorrelations@oldmutual.com | ||
| | |
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| Communications | |
| |
| Wendy Tlou Chief Communications & Reputation Officer | M: +27 82 906 5008 E: oldmutualnews@oldmutual.com | ||
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Notes to Editors
About Old Mutual Limited
Old Mutual is a premium African financial services group that offers a broad spectrum of financial solutions to retail and corporate customers across key market segments in 14 countries. Old Mutual's primary operations are in Africa, and it has a niche business in Asia. With over 178 years of heritage across sub-Saharan Africa, Old Mutual is a crucial part of the communities it serves as well as broader society on the continent.
For further information on Old Mutual and its underlying businesses, please visit the corporate website at www.oldmutual.com.
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