| Fri 9 May 2014, 13:30 | | KUMBA IRON ORE LIMITED - Report on proceedings at the annual general meeting |
|
KIO 201405090026A
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
At the eighth (8th) annual general meeting (“AGM”) of the
shareholders of Kumba held on Friday, 9 May 2014 all the ordinary and
special resolutions proposed at the meeting were approved by the
requisite majority of votes. In this regard, Kumba confirms the
voting statistics from the AGM as follows:
Resolutions Votes in Favour Votes Against
Number % Number %
Ordinary Resolution Number 1:
Re-appointment of Deloitte & Touch as 293,736,692 100 nil nil
independent external auditors and SBF
Carter as the designated auditor
Ordinary Resolution Number 2:
Election of AM O’Neill as a director 293,337,565 99.88 346,829 0.12
of the Company
Ordinary Resolution Number 3:
Election of the following non-
executive directors of the company who
retire by rotation
3.1 GS Gouws 291,878,082 99.43 1,676,322 0.57
3.2 KT Kweyama 291,300,367 99.23 2,254,037 0.77
3.3 LM Nyhonyha 293,619,240 99.98 65,154 0.02
Ordinary Resolution Number 4:
Election of the following independent,
non-executive directors as members of
the Audit Committee
4.1 ZBM Bassa 293,622,538 99.98 61,856 0.02
4.2 AJ Morgan 293,622,538 99.98 61,856 0.02
4.3 DD Mokgatle 293,622,538 99.98 61,856 0.02
4.4 LM Nyhonyha 293,622,538 99.98 61,856 0.02
Ordinary Resolution Number 5:
Election of the following independent,
non-executive directors as members of
the Social and Ethics Committee
5.1 DD Mokgatle 293,622,538 99.98 61,856 0.02
5.2 AJ Morgan 293,622,538 99.98 61,856 0.02
5.3 BP Sonjica 293,622,538 99.98 61,856 0.02
Ordinary Resolution Number 6:
Approval of remuneration policy and 291,644,696 99.29 2,091,996 0.71
its implementation
Ordinary Resolution Number 7:
General authority for directors to 290,685,186 98.96 3,051,506 1.04
control 5% of authorised but unissued
shares
Special Resolution Number 1:
General authority to issue shares for 290,682,186 98.96 3,054,489 1.04
cash
Special Resolution Number 2:
Remuneration of non-executive 293,522,126 99.93 214,549 0.07
directors
Special Resolution Number 3:
Approval for the granting of financial 291,859,228 99.36 1,877,447 0.64
assistance
Special Resolution Number 4:
General authority to repurchase shares 293,319,158 99.86 417,517 0.14
Centurion
9 May 2014
For further information please contact:
Kevin Lester
Acting Company Secretary
Kumba Iron Ore Limited
Tel: (012) 683 7000
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 09/05/2014 01:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
