PBT : Results of Annual General Meeting

PBT Group Limited

(Incorporated in the Republic of South Africa) (Registration number: 1936/008278/06)

JSE Share code: PBG

ISIN: ZAE000256319

("PBT Group" or "the Company")

RESULTS OF ANNUAL GENERAL MEETING

PBT Group shareholders are advised that at the annual general meeting ("AGM") of shareholders held today, Friday, 19 August 2022, all the ordinary and special resolutions as set out in the notice of AGM dated 8 July 2022, were approved by the requisite majority of shareholders present or represented by proxy.

The total number of PBT Group ordinary shares in issue ("Shares") that could have voted at the AGM was 104 961 056 and the total number of Shares present at the AGM in person or by proxy was 49 797 321, representing 47.44% of the total Shares that could have voted.

All resolutions proposed at the AGM, the total number of Shares voted in person or by proxy (in total and as a percentage of total issued share capital of the Company), the percentage of Shares abstained and the percentage of votes carried for and against each resolution are as follows:

	Resolution	Number of	% of	% of	% of votes	% of votes
		Shares	Shares	Shares	carried for	against
		voted in	voted in	abstained2	the	the
		person or	person or		resolution3	resolution3
		by proxy	by proxy1
Ordinary Resolutions
1	Re-appointment of BDO	49 783 683	47.43%	0.01%	100.00%	0.00%
	South Africa Inc. as
	independent auditor and
	appointment of Donvé
	Forbes as the designated
	auditor
2	Appointment of Pule	49 790 403	47.44%	0.01%	99.94%	0.06%
	Taukobong as a non-
	executive director

3	Re-appointment of non-
	executive directors:
3.1	Cheree Dyers	38 790 403	36.96%	10.49%	100.00%	0.00%
3.2	Tony Taylor	49 790 403	47.44%	0.01%	100.00%	0.00%
4	Reappointment of audit and
	risk committee:
4.1	Reappointment of Arthur	49 790 403	47.44%	0.01%	100.00%	0.00%
	Winkler as member and
	chairman of audit and risk
	committee
4.2	Reappointment of Cheree	38 790 403	36.96%	10.49%	100.00%	0.00%
	Dyers as member of audit
	and risk committee
4.3	Reappointment of Tony	49 790 403	47.44%	0.01%	100.00%	0.00%
	Taylor as member of the
	audit and risk committee
5	General authority to issue	49 790 303	47.44%	0.01%	99.99%	0.01%
	securities for cash
6	General payments	49 790 303	47.44%	0.01%	99.99%	0.01%
7	Endorsement of:
7.1	The Company's	49 790 303	47.44%	0.01%	99.99%	0.01%
	Remuneration Policy
7.2	The Company's	49 790 303	47.44%	0.01%	99.99%	0.01%
	Remuneration
	Implementation Report
8	Directors' or Group	49 790 403	47.44%	0.01%	99.99%	0.01%
	Company Secretary's
	authority to implement
	resolutions
Special Resolutions
1	Authority to provide	49 790 403	47.44%	0.01%	99.99%	0.01%
	financial assistance in
	terms of section 45 of the
	Companies Act
2	Authority to provide	49 790 403	47.44%	0.01%	99.99%	0.01%
	financial assistance in
	terms of section 44 of the
	Companies Act
3	General authority to	49 790 403	47.44%	0.01%	99.99%	0.01%
	repurchase shares
4	Authority to pay non-	38 790 403	36.96%	10.49%	99.99%	0.01%
	executive directors' fees

1. Calculated as the number of Shares voted (for, against or abstained) in person or by proxy expressed as a percentage of the total Shares in issue eligible to vote on the record date, being 104 961 056.
2. Calculated as the number of Shares abstained in person or by proxy expressed as a percentage of the total Shares in issue eligible to vote.
3. Calculated as the number of Shares voted (for or against, as indicated) in person or by proxy expressed as a percentage of the aggregate number of Shares voted in person or by proxy (excluding abstentions).

The special resolutions, where appropriate, will be filed with the Companies and Intellectual Property Commission.

Cape Town

19 August 2022

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