African Petroleum : Results of Annual General Meeting

OAX Announcement

29 May 2019

Results of Annual General Meeting

Held on 29 May 2019

In accordance with section 251AA of the Corporations Act, African Petroleum Corporation Limited (OAX: APCL) (African Petroleum or Company) advises that all the resolutions as set out in the Notice of AGM were duly passed by the Shareholders.

END

For further information, please contact:

Jens Pace, Chief Executive Officer

Stephen West, Chief Financial Officer

Tel: [phone]

Angeline Hicks, Company Secretary

Tel: + 61 401 489 883

African Petroleum Corporation Limited

AFRICAN PETROLEUM CORPORATION	PROXY RESULTS
ANNUAL GENERAL MEETING	29 May 2019

RESOLUTION 1 - NON-BINDING RESOLUTION TO ADOPT THE REMUNERATION REPORT

The instructions given to validly appointed proxies in respect of the resolution were as follows:

For	Against	Abstain	Proxy's Discretion
1,025,941	10,607	Nil	203

The non binding resolution was carried on a show of hands.

RESOLUTION 2 - RE-ELECTION OF DIRECTOR - DR DAVID KING

The following resolution was carried on a poll. The Company's Company Secretary, Ms Angeline Hicks, was appointed as scrutineer for vote taking on Resolution 2 at the AGM. The poll results in respect of the resolution was as follows;

Instructions given on validly appointed proxies		Number of votes cast on the poll
For	Against	Abstain	Proxy's		For	Against	Abstain*
			Discretion
1,026,338	10,003	4	1,465,807		2,496,312	10,003		4
					(99.60%)	(0.40%)

The resolution was carried on a poll.

*Votes cast by a person who abstains on an item are not counted in calculating the required majority on a poll.

RESOLUTION 3 - RE-ELECTION OF DIRECTOR - MR ANDERS BJARNE MOE

The following resolution was carried on a poll. The Company's Company Secretary, Ms Angeline Hicks, was appointed as scrutineer for vote taking on Resolution 3 at the AGM. The poll results in respect of the resolution was as follows;

Instructions given on validly appointed proxies		Number of votes cast on the poll
For	Against	Abstain	Proxy's		For	Against	Abstain*
			Discretion
1,026,004	10,337	4	1,465,807		2,495,978	10,337		4
					(99.60%)	(0.40%)

The resolution was carried on a poll.

*Votes cast by a person who abstains on an item are not counted in calculating the required majority on a poll.

OAX: APCL

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