Safaricom : 2021 Safaricom PLC AGM Voting Results

SAFARICOM PLC

POLLING RESULTS

The results of the voting on the resolutions that were put forward for determination by shareholders at the 2021 Annual General Meeting (AGM) held on Friday, 30th July 2021 at 11:00 a.m. were announced at the AGM and are summarized below.

The Poll was conducted by Image Registrars and scrutineered by PricewaterhouseCoopers (PwC).

RESOLUTION	VOTES FOR	% FOR	VOTES	%	VOTES	VERDICT
			AGAINST	AGAINST	WITHHELD

ORDINARY BUSINESS

To receive, consider and adopt the	33,308,081,640	99.999%	220,000	0.000%	1,378,000	PASSED
audited Financial Statements for the
year ended 31st March 2021 together
with the Chairman's, Directors' and
Auditors' reports thereon.
To note the payment of an interim	33,308,375,552	99.998%	637,838	0.001%	666,250	PASSED
dividend of Kshs 0.45 per share which
was paid to shareholders on or about
31st March 2021 and to approve a final
dividend of Kshs 0.92 per share for the
Financial Year ended 31st March 2021
as recommended by the Directors.
The dividend will be payable on or
before 31st August 2021 to the
Shareholders on the Register of
Members as at the close of business
on 30th July 2021.
To re-elect Dr Bitange Ndemo who	33,168,727,024	99.762%	79,002,016	0.237%	61,950,600	PASSED
retires at this meeting in accordance
with the provisions of Articles 90 and 91
of the Company's Articles of
Association, and, being eligible, offers
himself for re-election.
To re-elect Ms Winnie Ouko who retires	33,268,852,539	99.880%	39,766,371	0.119%	1,060,730	PASSED
at this meeting having been
appointed in the course of the
financial year, and, being eligible,
offers herself for re-election.
To elect the following Directors, being	31,872,944,723	95.696%	1,433,271,295	4.303%	3,463,622	PASSED
members of the Board Audit, Risk and
Compliance Committee to continue
to serve as members of the said
Committee:-

RESOLUTION	VOTES FOR	% FOR	VOTES	%	VOTES	VERDICT
			AGAINST	AGAINST	WITHHELD

Ms Rose Ogega; Dr Bitange Ndemo;

Mr Sitholizwe Mdlalose; Mr Christopher

Kirigua; Ms Raisibe Morathi and Ms

Winnie Ouko.

To approve the Directors'	32,940,975,693	99.986%	4,303,138	0.013%	364,400,809	PASSED
Remuneration Report and the
remuneration paid to the Directors for
the year ended 31st March 2021.
To re-appoint Messrs Ernst & Young as	32,151,827,851	97.833%	712,128,886	2.166%	445,722,903	PASSED
Auditors of the Company in
accordance with the provisions of
Section 721 (2) of the Companies Act,
2015 and to authorize the Directors to
fix their remuneration for the ensuing
financial year in accordance with the
provisions of Section 724 (1) of the
Companies Act, 2015.
Special Business	32,914,346,289	99.671%	108,630,408	0.328%	286,702,943	PASSED
To consider and if thought fit to pass the

following resolution as an ordinary resolution, as recommended by the Directors:-

'THAT the subscription by Safaricom PLC for shares in Vodafamily Ethiopia Holding Company Limited (the SPV Company), resulting in the SPV Company, Global Partnership for Ethiopia B.V. incorporated in Netherlands, an operating company to be established in Ethiopia and any other company or companies as may be incorporated to deliver the operational and business requirements to fulfill the obligations under the full- service mobile telecommunications license issued by the Ethiopian Communications Authority to the consortium of investors led by Safaricom Plc becoming subsidiaries if Safaricom PLC, be ratified and approved.'

Appreciation

Safaricom PLC takes this opportunity to thank all the 114,279 shareholders who registered and participated in the electronic Annual General Meeting of the Company.

Decision

All the resolutions as presented to the shareholders were approved having garnered a majority of the votes cast.

BY ORDER OF THE BOARD

Kathryne Maundu (Ms.)

Company Secretary