Turnstar : VOTING RESULTS OF THE ANNUAL GENERAL MEETING OF TURNSTAR HOLDINGS LTD, HELD ON 28TH JULY 2022

Voting results of the Annual General Meeting of Turnstar Holdings Ltd, held on 28th July

2022

In accordance with the Botswana Stock Exchange listing requirements, shareholders are advised that, at the Annual General Meeting held on the 28th July 2022, the resolutions set out in the notice of the meeting, with the exception of resolution 7 ii. were passed by the requisite majority of votes.

The total number of shares issued is 572,153,603.

The table denoting the votes for each resolution passed is as follows:

		Votes carried					Shares
		disclosed as a			Shares voted		abstained
		percentage in			disclosed as		disclosed as
Resolutions		relation to the		Number of	a percentage		a
		total number of		shares	in relation to		percentage
		shares voted at		voted	the total		in relation to
		the meeting			issued share		the total
		For		Against			capital		issued share
							capital

1. 1. Ordinary resolution number 3. To receive, consider and adopt the

	audited annual financial	100,00%	0,00%		91,12%	0,00%
	statements for the year	521 330 639
	ended 31 January 2022
	together with the Auditors
	report to the Board.
2.	2. Ordinary resolution
	number 4: To approve the
	distribution of dividend as	100,00%	0,00%	521 330 639	91,12%	0,00%
	recommended by the
	Board of Directors.

P.O. BOX 26012 GAME CITY GABORONE BOTSWANA TEL: [phone] FAX: [phone]

WEB: www.turnstar.co.bw

Directors: B D Phirie (Chairman)*, G H Abdoola (Managing Director)*, V T Tebele*, S S Mantswe*, A Chetty **,

S. Puvimanasinghe*** *Botswana **South Africa ***Sri Lanka

3.

5.

6.

7.

8.

3. Ordinary resolution number 5: To confirm the appointment of Butler Phirie as Chairman of the Board of Directors of the Company.

5. Ordinary resolution number 7(i) : To confirm the appointment of Solomon Mantswe as a Director of the Company.

5. Ordinary resolution number 7(ii): To confirm the appointment of Thobo Kerekang as a Director of the Company.

1. Ordinary resolution number 7(iii): To confirm the appointment of Amaresh Chetty as a Director of the Company.
2. Ordinary resolution number 8: To ratify the remuneration paid to the Non-Executive Directors for the yaer ended 31 January 2022.
3. Ordinary resolution number 9: To ratify the remuneration paid to the auditors, Enerst & Young, for the year ended 31 January 2022.
4. Ordinary resolution number 10: To appoint Enerst & Young as Auditors for the ensuing year and authorise the Directors to fix their remuneration.

99,27%	0,73%	521 330 639	91,12%	0,00%
94,54%	3,61%	521 330 639	91,12%	1,68%
37,87%	62,13%	521 330 639	91,12%	0,00%
95,67%	4,33%	521 330 639	91,12%	0,000%
90.61%	0,00%	521 330 639	91,12%	8,56%
100,00%	0,00%	521 330 639	91,12%	0,00%
100,00%	0,00%	521 330 639	91,12%	0,00%