Pick n Pay Stores (PIK) AGM 2024 summary

Opening remarks and agenda

• Meeting convened to consider and adopt resolutions regarding the Boxer IPO and share capital reduction, with electronic participation enabled for all stakeholders.

• Quorum confirmed, notice of meeting taken as read, and voting procedures explained, including electronic voting and scrutineer appointment.

Shareholder proposals

• Resolutions included approval for the issuance of shares in Boxer as part of its IPO and reduction of ordinary and B shares following a recent rights offer.

Overview of voting outcomes

• All resolutions passed with overwhelming support: 99.99% for most, and 100% for the B Shares resolution.

• Results to be posted on SENS and ratified at the board meeting in October.