Wilson Bayly Holmes-Ovcon Limited (WQ9.F) Earnings Call Transcript & Summary

Good morning, ladies and gentlemen. My name is Charles Henwood, Chairman of the Board of Directors of Wilson Bayly Holmes-Ovcon. Welcome to our 43rd Annual General Meeting of Shareholders. Chairpersons of our various Board committees are present at this meeting as well as our Group Company Secretary, Donna Msiska. Our auditors, PwC, Inc., represented by [ Mr. Andreas Risa ] is also present. The quorum is present, and this meeting is properly constituted. The notice of this meeting was made available to shareholders on the 20th of October 2025 in compliance with our MOI, the Companies Act and the JSE listing requirements. The minutes from our previous AGM held on the 21st of November 2024 are available for review by the shareholders. We shall now proceed with the business of the meeting. Voting in respect of this meeting shall proceed by way of a poll conducted electronically through the SmartAGM portal. For the purposes of the poll, I have nominated a representative from the transfer secretaries, JSE Investor Services, who is present at the meeting to act as a scrutineer. All the proposed resolutions have been seconded by Donna. I will now open the voting lines on the electronic portal, and you may vote any time during the meeting and until I close on the last resolution. I will also allow all questions after I've tabled the last resolution on the agenda. However, you should be able to send messages and view the webcast whilst the poll is open. The first item on the agenda is to note and take the following reports as read. The audited annual financial statements of the company and its subsidiaries as approved by the Board for the year ended 30 June 2025, including directors' reports, Audit Committee reports and the Social and Ethics Committee report contained in the 2025 integrated annual report. The second item is to approve the following ordinary resolutions. Ordinary resolution #1, all inclusive, which relates to the election of directors. Ordinary resolution #2, reappointment of independent external auditors with [ Mr. Risa ] as designated audit partner. Ordinary resolution #3, all inclusive, election of Audit Committee members and the Chairperson of the Audit Committee. Ordinary resolution #4, all inclusive, election of the Social and Ethics Committee members and the Chairperson of the Social and Ethics Committee. Ordinary resolution #5, general authority to the directors to allot and issue authorized but unissued ordinary shares. Ordinary resolution #6, general authority to implement resolutions passed at this AGM. Ordinary resolution #7, endorsement of the company's remuneration policy and ordinary resolution #8, endorsement of the company's remuneration implementation report. You may complete your votes in respect of the ordinary resolutions numbers 1 to 8. Third item on the agenda relates to the approval of special resolutions. Special resolution #1, remuneration of our nonexecutive directors. Special resolution #2, general authority to provide financial assistance to directors, prescribed officers, employee share scheme beneficiaries and related and interrelated companies. Special resolution #3, general authority to repurchase company shares. You may complete your votes in respect of special resolutions numbers 1 to 3. Donna, have we received any other matters raised by shareholders? And are there any questions from the shareholders before we conclude the matters upon which we are required to vote?

No. Nothing.

Notice has not been received of any other business, and this concludes the matters upon which we are required to vote. I now close the voting platform, and the results will be presented shortly. Ladies and gentlemen, I declare that all the ordinary and special resolutions were passed with the requisite majority. Full report will be released on SENS today. All the business on the agenda has been dealt with. I declare the meeting closed, and thank you all for your attendance.