4th May 2012 12:07
Mondi Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1967/013038/06)
JSE share code: MND ISIN: ZAE000156550
Mondi plc
(Incorporated in England and Wales)
(Registration number: 6209386)
JSE share code: MNP ISIN: GB00B1CRLC47
LSE share code: MNDI
4 May 2012
Annual General Meetings - Mondi Limited and Mondi plc
As part of the dual listed company structure, Mondi Limited and Mondi plc notify both the JSE Limited and the London Stock Exchange of matters required to be disclosed under the Listings Requirements of the JSE and/or the Disclosure and Transparency and Listing Rules of the United Kingdom Listing Authority.
The Annual General Meetings of Mondi Limited and Mondi plc wereboth held on 3 May 2012. As required by the dual listed company structure, allresolutions were treated as Joint Electorate Actions and were decided on apoll. All resolutions at both meetings were passed with the exception ofresolutions 22 and 32. The voting results of the Joint Electorate Actions areidentical and are given below. Overall 77% of the total Group shares werevoted.Resolution 22 proposed that the directors of Mondi Limited be givenauthority to allot and issue ordinary shares of Mondi Limited for cash.Resolution 32 proposed that the directors of Mondi plc be given authority toallot equity securities for cash in connection with a rights issue to ordinaryshareholders. We note that South African shareholders have particular concernsabout these types of resolution which we understand are not specific to Mondiand they routinely vote against such resolutions.Resolution Votes % Votes % Votes Votes For Against total WithheldCommon Business: Mondi Limited and Mondiplc1. To re-elect Stephen Harris 369,975,297 98.89 4,146,683 1.11 374,121,980 8,504as a director2. To re-elect David Hathorn 373,535,358 99.84 586,549 0.16 374,121,907 8,577as a director3. To re-elect Andrew King 373,535,453 99.84 586,527 0.16 374,121,980 8,504as a director4. To re-elect Imogen Mkhize 373,704,129 99.89 417,919 0.11 374,122,048 8,436as a director5. To re-elect John Nicholas 99.91 322,561 0.09 374,121,980 8,504as a director 373,799,4196. To re-elect Peter Oswald 370,473,014 99.02 3,648,897 0.98 374,121,911 8,573as a director7. To re-elect Anne Quinn as 373,799,167 99.91 322,594 0.09 374,121,761 8,723a director8. To re-elect Cyril Ramaphosa 328,866,438 88.41 43,106,829 11.59 371,973,267 2,157,217as a director9. To re-elect David Williams 370,523,377 99.04 3,598,603 0.96 374,121,980 8,504as a director10. To elect Stephen Harris 371,371,215 99.88 433,773 0.12 371,804,988 2,325,496as a member of the DLC auditcommittee11. To elect John Nicholas as 373,703,055 99.94 235,725 0.06 373,938,780 191,704a member of the DLC auditcommittee12. To elect Anne Quinn as a 373,703,074 99.94 235,458 0.06 373,938,532 191,952member of the DLC auditcommitteeMondi Limited Business13. To receive the report and 374,109,441 99.99 19,541 0.01 374,128,982 1,502accounts14. To approve the remuneration 369,492,705 98.80 4,479,519 1.20 373,972,224 158,260policy15. To confirm the director fees* 374,024,775 99.97 99,850 0.03 374,124,625 5,859
16. To declare a final dividend 374,128,008 100.00 974 0.00 374,128,982
1,50217. To reappoint the auditors 374,019,117 99.97 107,744 0.03 374,126,861 3,62318. To authorise the DLC audit 374,049,989 99.98 73,469 0.02 374,123,458 7,026committee to determine theauditors' remuneration19. To authorise the directors to 369,718,145 98.82 4,411,701 1.18 374,129,846 8,638provide direct or indirectfinancial assistance*20. To place 5% of the issued 241,532,196 64.56 132,598,456 35.44 374,130,652 7,332ordinary shares of Mondi Limitedunder the control of the directorsof Mondi Limited21. To place 5% of the special 241,731,717 64.61 132,391,436 35.39 374,123,153 7,331converting shares of Mondi Limitedunder the control of the directorsof Mondi Limited22. To authorise the directors to 241,757,042 64.63 132,331,671 35.37 374,088,713 41,771allot and issue ordinary shares ofMondi Limited for cash‡23. To authorise Mondi Ltd to 373,272,059 99.92 295,429 0.08 373,567,488 562,996purchase its own shares*24. To adopt a new Memorandum 373,933,188 100.00 15,949 0.00 373,949,137 189,347of Incorporation of Mondi Limited*25. To amend the borrowing 373,940,944 100.00 8,193 0.00 373,949,137 189,347powers in the Memorandumof Incorporation of Mondi Limited*Mondi plc Business26. To receive the report and 374,135,616 99.99 19,397 0.01 374,155,013 831
accounts
27. To approve the remuneration 369,263,750 98.79 4,527,220 1.21 373,790,970 339,514report28. To declare a final dividend 374,154,142 100.00 871 0.00 374,155,013 83129. To reappoint the auditors 374,045,296 99.97 107,863 0.03 374,153,159 2,68530. To authorise the DLC audit 374,079,340 99.98 73,325 0.02 374,152,665 3,179committee to determine theauditors' remuneration31. To authorise the directors to 232,961,015 62.27 141,167,159 37.73 374,128,174 10,310
allot relevant securities 32. To authorise the directors to 237,159,257 63.39 136,973,415 36.61 374,132,672
5,812disapply pre-emption rights*33. To authorise Mondi plc to 370,171,440 99.04 3,578,379 0.96 373,749,819 380,665purchase its own shares*34. To adopt new Articles of 370,475,695 99.07 3,473,797 0.93 373,949,492 188,992Association of Mondi plc*35. To amend the borrowing 373,941,345 100.00 8,024 0.00 373,949,369 189,115powers in the Articles ofAssociation of Mondi plc* * Special Resolutions‡ 75% votes in favour required pursuant to the Listings Requirements of the JSE Limited.Philip Laubscher Carol HuntCompany Secretary Company SecretaryMondi Limited Mondi plc
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