Lesaka Technologies Inc.

11/14/2024 | Press release | Distributed by Public on 11/14/2024 08:26

Proxy Results Form 8 K

Item 5.07. Submission of Matters to a Vote of Security Holders.

The following is a summary of the voting results for each matter presented to shareholders at the Annual Meeting.

Proposal No. 1-Election of Directors

All director nominees were elected and the votes cast were as follows:

Director Votes for Votes
withheld
Broker
non-votes
Kuben Pillay 39,009,784 285,584 7,287,119
Ali Mazanderani 36,824,086 2,471,282 7,287,119
Dan L. Smith 36,471,413 2,823,955 7,287,119
Naeem E. Kola 36,188,366 3,107,002 7,287,119
Steven J Heilbron 36,471,603 2,823,765 7,287,119
Lincoln C. Mali 36,188,368 3,107,000 7,287,119
Antony C. Ball 36,942,260 2,353,108 7,287,119
Nonku N. Gobodo 39,015,769 279,599 7,287,119
S. Venessa Naidoo 39,006,269 289,099 7,287,119
Ekta Singh-Bushell 38,927,012 368,356 7,287,119
Dean Sparrow 37,258,318 2,037,050 7,287,119

Proposal No. 2-Ratification of Selection of Independent Registered Public Accounting Firm

The ratification of the selection of KPMG, Inc. as the Company's independent registered public accounting firm for the fiscal year ending June 30, 2025, was approved and the votes cast were as follows:

Votes cast
For Against Abstain
53,859,087 2,844 17,984

Proposal No. 3-Advisory Vote to Approve Executive Compensation

The compensation of the Company's named executive officers was approved, on an advisory, non-binding basis, and the votes cast were as follows:

Votes cast
For Against Abstain Broker non-
votes
38,306,907 944,958 43,503 7,287,119

Proposal No. 4-Approval of an Employee Stock Ownership Plan and the Sale of 2,490,000 Shares of the Company's Common Stock to the ESOP Trust Out of Authorized but Unissued Shares

The Employee Stock Ownership Plan and the sale of 2,490,000 shares of the Company's common stock to the ESOP Trust was approved, and the votes cast on this proposal were as follows:

Votes cast
For Against Abstain Broker non-
votes
38,359,457 932,606 3,305 7,287,119