Special resolutions 7. Special resolution number 1: Approval of the remuneration of non-executive directors As per the MOI, to resolve that the company be and is hereby authorised to pay annual fees to non-executive directors as set out below for their services as directors with effect from this AGM until the next AGM: Non-executive director ZAR156 000 Directors registered for VAT will be entitled to VAT in addition to the abovementioned remuneration. Majority required for the adoption of resolutions Unless otherwise indicated, in order for the ordinary resolutions to be adopted, the support of a simple majority (that is, 50% plus one) of the total number of voting rights exercised on the resolutions is required. In order for the special resolutions to be adopted, the support of at least 75% of the total number of voting rights exercised on the resolutions is required. Votes recorded as abstentions are not taken into account for the purposes of determining the nal percentage of votes cast in favour of the resolutions. This is in line with the Companies Act. Attendance Shareholders are advised that, in terms of section 63(1) of the Companies Act No 71 of 2008 (Companies Act), any person (including proxies) attending or participating in the AGM must present reasonably satisfactory identi cation before being entitled to attend or participate in and vote at the AGM. The company and Singular are obliged to validate each shareholder’s entitlement to participate in and/or vote at the AGM before allowing a shareholder into the AGM venue. Please note that on the day of the AGM the registration counter at the AGM venue will, for purposes of registering to vote at the AGM, close at 10:45 on Wednesday 23 August 2023. Voting Only persons present at the AGM or represented by a valid proxy will be entitled to cast a vote on any matter put to a vote of shareholders. Voting on all resolutions will take place by polling. Every shareholder of the company who is present at the AGM or is represented by proxy shall have one vote for every share in the company held by such shareholder. Forms of proxy A shareholder of the company may appoint any individual (including one who is not a shareholder of the company) as a proxy to participate in, speak and vote at the AGM of the company. A form of proxy, which includes the relevant instructions for its completion, is attached on page 145 of the integrated annual report. In order for the proxy to be effective and valid, it must be completed and delivered in accordance with the instructions contained in the proxy form. For administration purposes, forms of proxy should be received at the applicable return address (as set out on page 146) by no later than 10:45 SAST on Tuesday 22 August 2023. Shareholders are to take note of postal delivery times and any restrictions on postal services in place when posting any forms as no late postal deliveries will be accepted. Shareholders are encouraged to email forms instead. Phuthuma Nathi Investments (RF) Limited Integrated annual report 2023 143 Overview Introduction Understanding Phuthuma Nathi Understanding MultiChoice SA MultiChoice SA performance Financial review Corporate governance review Shareholder information
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