2025/10/20 – 17:00:00 – 1086134415261697040
Results of Annual General Meeting
FirstRand Namibia Ltd
Incorporated in the Republic of Namibia
(Registration number: 88/024)
ISIN: NA0003475176
Share Code (NSX): FNB
RESULTS OF ANNUAL GENERAL MEETING: FIRSTRAND NAMIBIA LTD
Shareholders are hereby informed that the Annual General Meeting of Shareholders was held on Friday,
17 October 2025. All the ordinary resolutions, as set out in the Notice of Annual General Meeting, were
approved by the requisite majority of Shareholders present or represented by proxy.
The results, including the percentage of shares voted, as well as the breakdown of votes cast in favour,
against, and those abstained, are detailed below.
Ordinary resolution 1: Approval of Annual Financial Statements for 30 June 2025
Shares voted For Against Abstained
229 769 536 shares 85.87% 0.00% 0.00%
85.87%
Ordinary resolution 2: Confirmation of dividends
Shares voted For Against Abstained
229 769 536 shares 85.87% 0.00% 0.00%
85.87%
Re-election of directors by way of separate resolutions
Ordinary resolution 3.1: Otto Shikongo (Independent Non-Executive Director)
Shares voted For Against Abstained
229 769 536 shares 85.87% 0.00% 0.00%
85.87%
Ordinary resolution 3.2: Emile van Zyl (Independent Non-Executive Director)
Shares voted For Against Abstained
229 769 536 shares 85.87% 0.00% 0.00%
85.87%
Ordinary resolution 3.3: Confirmation of I-Ben Nashandi (Non-Executive Director) resignation
Shares voted For Against Abstained
229 769 536 shares 85.87% 0.00% 0.00%
85.87%
Ordinary resolution 4: Vacancies filled by Director during the year by way of separate resolution
Ordinary resolution 4.1: Samantha Balsdon (Non-Executive Director)
Shares voted For Against Abstained
229 769 536 shares 85.87% 0.00% 0.00%
85.87%
Ordinary resolution 5: Re-appointment of Audit Committee Members
Ordinary resolution 5.1: Markus Lubbe
Shares voted For Against Abstained
229 769 536 shares 85.87% 0.00% 0.00%
85.87%
Ordinary resolution 5.2: Libertha Kapere
Shares voted For Against Abstained
229 769 536 shares 85.87% 0.00% 0.00%
85.87%
Ordinary resolution 5.3: Jan Coetzee
Shares voted For Against Abstained
229 769 536 shares 85.87% 0.00% 0.00%
85.87%
Ordinary resolution 6: Re-appointment of external auditors* and authority to determine their
remuneration
Shares voted For Against Abstained
229 769 536 shares 85.87% 0.00% 0.00%
85.87%
Ordinary resolution 7: Approval of Non-Executive Director Remuneration
Shares voted For Against Abstained
229 769 536 shares 77.51% 3.84% 4.52%
85.87%
Ordinary resolution 8: Approval of the Reward Philosophy and Principles Policy
Shares voted For Against Abstained
229 769 536 shares 85.87% 0.00% 0.00%
85.87%
Ordinary resolution 9: Authority to sign documents
Shares voted For Against Abstained
229 769 536 shares 85.87% 0.00% 0.00%
85.87%
*Subject to approval by the Bank of Namibia in accordance with the Determination on the Appointment,
Duties and Responsibilities of Independent Auditors (BID-10).
By order of the Board
Nelago Makemba
Group Company Secretary
Windhoek
20 October 2025
Cirrus Securities (Pty) Ltd
Registration Number: 98/463
Member of the NSX
35 Schanzen Road
PO Box 27
Windhoek
Date: 20-10-2025 05:00:00
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