Johannesburg, Friday, 7 December 2018. Harmony Gold Mining Company Limited (‘Harmony’ or ‘the Company’) advises shareholders that, at Harmony’s annual general meeting held today, the requisite majority of shareholders approved all the ordinary and special resolutions, as set out in the notice of annual general meeting dated 25 October 2018, forming part of the Company’s 2018 report to shareholders and integrated annual report.
There were 532 234 858 ordinary shares in issue as at the date of the annual general meeting.
The voting results of the resolutions were as follows:
| Ordinary resolution 1: |
Appointment of director: Max Sisulu | ||||||
| Shares voted for (% total shares voted) | Shares voted against (% total shares voted) | Total shares voted (number) | Total shares voted (% of total shares in issue) | Shares abstained (% of total shares in issue) | |||
| 99.82% | 0.18% | 432 549 823 | 81.27% | 0.06% | |||
| Ordinary resolution 2: |
Re-election of director: Joaquim Chissano | ||||||
| Shares voted for (% total shares voted) | Shares voted against (% total shares voted) | Total shares voted (number) | Total shares voted (% of total shares in issue) | Shares abstained (% of total shares in issue) | |||
| 62.02% | 37.98% | 432 547 392 | 81.27% | 0.06% | |||
| Ordinary resolution 3: |
Re-election of director: Fikile De Buck | ||||||
| Shares voted for (% total shares voted) | Shares voted against (% total shares voted) | Total shares voted (number) | Total shares voted (% of total shares in issue) | hares abstained (% of total shares in issue) | |||
| 96.66% | 3.34% | 432 548 960 | 81.27% | 0.06% | |||
| Ordinary resolution 4: |
Re-election of director: Modise Motloba | ||||||
| Shares voted for (% total shares voted) | Shares voted against (% total shares voted) | Total shares voted (number) | Total shares voted (% of total shares in issue) | Shares abstained (% of total shares in issue) | |||
| 98.30% | 1.70% | 432 537 731 | 81.27% | 0.07% | |||
| Ordinary resolution 5: |
Re-election of director: Dr Patrice Motsepe | ||||||
| Shares voted for (% total shares voted) | Shares voted against (% total shares voted) | Total shares voted (number) | Total shares voted (% of total shares in issue) | Shares abstained (% of total shares in issue) | |||
| 94.93% | 5.07% | 431 206 830 | 81.02% | 0.32% | |||
| Ordinary resolution 6: |
Re-election of audit and risk committee member: Fikile De Buck | ||||||
| Shares voted for (% total shares voted) | Shares voted against (% total shares voted) | Total shares voted (number) | Total shares voted (% of total shares in issue) | Shares abstained (% of total shares in issue) | |||
| 96.04% | 3.96% | 432 539 289 | 81.27% | 0.07% | |||
| Ordinary resolution 7: |
Re-election of audit and risk committee member: Dr Simo Lushaba | ||||||
| Shares voted for (% total shares voted) | Shares voted against (% total shares voted) | Total shares voted (number) | Total shares voted (% of total shares in issue) | Shares abstained (% of total shares in issue) | |||
| 91.60% | 8.40% | 432 539 163 | 81.27% | 0.07% | |||
| Ordinary resolution 8: |
Re-election of audit and risk committee member: Modise Motloba | ||||||
| Shares voted for (% total shares voted) | Shares voted against (% total shares voted) | Total shares voted (number) | Total shares voted (% of total shares in issue) | Shares abstained (% of total shares in issue) | |||
| 75.64% | 24.36% | 432 535 627 | 81.27% | 0.07% | |||
| Ordinary resolution 9: |
Re-election of audit and risk committee member: Karabo Nondumo | ||||||
| Shares voted for (% total shares voted) | Shares voted against (% total shares voted) | Total shares voted (number) | Total shares voted (% of total shares in issue) | Shares abstained (% of total shares in issue) | |||
| 99.19% | 0.81% | 432 535 632 | 81.27% | 0.07% | |||
| Ordinary resolution 10: |
Re-election of audit and risk committee member: John Wetton | ||||||
| Shares voted for (% total shares voted) | Shares voted against (% total shares voted) | Total shares voted (number) | Total shares voted (% of total shares in issue) | Shares abstained (% of total shares in issue) | |||
| 99.81% | 0.19% | 432 546 699 | 81.27% | 0.06% | |||
| Ordinary resolution 11: |
Reappointment of external auditors: PricewaterhouseCoopers Incorporated | ||||||
| Shares voted for (% total shares voted) | Shares voted against (% total shares voted) | Total shares voted (number) | Total shares voted (% of total shares in issue) | Shares abstained (% of total shares in issue) | |||
| 95.01% | 4.99% | 432 568 546 | 81.27% | 0.06% | |||
| Ordinary resolution 12: |
Approval of remuneration policy | ||||||
| Shares voted for (% total shares voted) | Shares voted against (% total shares voted) | Total shares voted (number) | Total shares voted (% of total shares in issue) | Shares abstained (% of total shares in issue) | |||
| 98.91% | 1.09% | 432 433 507 | 81.25% | 0.09% | |||
| Ordinary resolution 13: |
Approval of the implementation report (Refer to note 1) |
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| Shares voted for (% total shares voted) | Shares voted against (% total shares voted) | Total shares voted (number) | Total shares voted (% of total shares in issue) | Shares abstained (% of total shares in issue) | |||
| 62.48% | 37.52% | 431 094 270 | 81.00% | 0.34% | |||
| Ordinary resolution 14: |
General authority to issue shares for cash | ||||||
| Shares voted for (% total shares voted) | Shares voted against (% total shares voted) | Total shares voted (number) | Total shares voted (% of total shares in issue) | Shares abstained (% of total shares in issue) | |||
| 98.75% | 1.25% | 431 214 098 | 81.02% | 0.31% | |||
| Ordinary resolution 15: |
Approval of the Harmony Gold Mining Company Limited Deferred Share Plan 2018(DSP) | ||||||
| Shares voted for (% total shares voted) | Shares voted against (% total shares voted) | Total shares voted (number) | Total shares voted (% of total shares in issue) | Shares abstained (% of total shares in issue) | |||
| 99.13% | 0.87% | 431 028 231 | 80.98% | 0.35% | |||
| Special resolution 1: |
Authority to issue ordinary shares pursuant to the DSP | ||||||
| Shares voted for (% total shares voted) | Shares voted against (% total shares voted) | Total shares voted (number) | Total shares voted (% of total shares in issue) | Shares abstained (% of total shares in issue) | |||
| 97.77% | 2.23% | 431 130 508 | 81.00% | 0.33% | |||
| Special resolution 2: |
Pre-approval of non-executive directors’ remuneration | ||||||
| Shares voted for (% total shares voted) | Shares voted against (% total shares voted) | Total shares voted (number) | Total shares voted (% of total shares in issue) | Shares abstained (% of total shares in issue) | |||
| 99.65% | 0.35% | 431 154 225 | 81.01% | 0.33% | |||
Note 1:
More than 25% of the voting rights exercised at the annual general meeting voted against the implementation report. In terms of the King IV Report on Corporate Governance for South Africa, 2016 and paragraph 3.84(k) of the JSE Listings Requirements, the remuneration committee will in good faith and with the best reasonable effort engage with its shareholders to ascertain the reasons for the dissenting votes and appropriately address legitimate and reasonable objections and concerns raised. Further details will be announced on SENS in due course.
For more details contact:
Lauren Fourie
Investor Relations Manager
+27(0)71 607 1498 (mobile)
Johannesburg, South Africa
7 December 2017
Sponsor:
J.P. Morgan Equities South Africa Proprietary Limited