Barloworld Limited: Leading Brands

Shareholder meetings

The Companies Act (No. 71 of 2008) requires every company to hold an annual general meeting (AGM) every year. This affords shareholders an opportunity to put questions to the members of the Barloworld board and senior executive management.

Business usually dealt with at the annual general meeting includes –

• the receiving and acceptance of the company’s annual financial statements, including the directors’ report, the report of the auditors and the report of the audit committee for the past year;
• the election or re-election of directors retiring by rotation;
• the election or re-election of the audit committee members;
• appointment of external auditor;
• approving the remuneration policy; and;
• dealing with special business of which due notice has been given such as the repurchase by the company of its own shares or financial assistance or an amendment to its memorandum of incorporation.

General meetings, other than annual general meetings, are held for consideration of matters requiring the approval of shareholders which cannot be left over until the next annual general meeting.

Voting

On a show of hands, every ordinary shareholder who is present in person or by proxy at the AGM will have one vote and on a poll, every ordinary shareholder will have one vote for every ordinary share held.

Shareholder meetings

Annual general meeting (AGM) 11 February 2021
Transfer secretaries – South Africa
Link Market Services South Africa (Proprietary) Limited (Registration number 2000/007239/07) Rennie House, 13th Floor, 19 Ameshof Street, Braamfontein, 2001, (PO Box 4844, Johannesburg) Tel: +27 11 630 0000
Registrars – United Kingdom
Equiniti Limited, Aspect House, Spencer Road, Lancing, West Sussex, BN99 6DA, England Tel: +44 190 383 3381
Transfer secretaries – Namibia
Transfer Secretaries (Proprietary) Limited (Registration number 93/713), Shop 8, Kaiser Krone Centre, Post Street Mall, Windhoek, Namibia (PO Box 2401, Windhoek, Namibia) Tel: +264 61 227 647

Dividend information

The dividend is declared and paid out in Rand for the holders of ordinary shares.

Barloworld declares dividends semi-annually in May and November respectively.

Dividend and special dividend declaration

Notice is hereby given that interim dividend number 183 and a special dividend has been declared (collectively “the dividends”) in respect of the six months ended 31 March 2021 subject to the applicable dividends tax levied in terms of the Income Tax Act (Act No. 58 of 1962) (as amended) (the Income Tax Act) as follows:

Dividend	Gross amount	Withholding tax	Net amount
Ordinary cents	137 cents	20%	109.60
Special cents	200 cents	20%	160.00

In compliance with the requirements of Strate and the JSE Limited, the following dates are applicable to the dividends:

Dividends declared	Monday, 24 May 2021
Finalisation date	Monday, 14 June 2021
Last day to trade cum dividends	Tuesday, 22 June 2021
Ordinary shares trade ex-dividends	Wednesday, 23 June 2021
Record date	Friday, 25 June 2021
Payment date	Monday, 28 June 2021

Dividends tax

A new South African (SA) dividends tax was introduced on 1 April 2012. The dividends tax replaces secondary tax on companies; tax on dividend will now be paid by the shareholder.