BOXER RETAIL LIMITED - Report on proceedings at the 2026 Annual General Meeting

Report on proceedings at the 2026 Annual General Meeting

Boxer Retail Limited
Incorporated in the Republic of South Africa
Registration number: 2024/392006/06
JSE and A2X share code: BOX
ISIN: ZAE000339891
("Boxer")

REPORT ON PROCEEDINGS AT THE 2026 ANNUAL GENERAL MEETING

Shareholders are advised that, at the second Annual General Meeting (AGM) of Boxer held today, 28 July
2026, all the ordinary and special resolutions proposed at the AGM were approved by the requisite majority
of votes.

The following information is provided:

Number of issued ordinary shares                                                               457 407 408
Number of treasury shares (not voted)                                                               15 172
Number of ordinary shares capable of being voted at the AGM                                    457 392 236
Number of ordinary shares present/represented at the AGM, including
proxies                                                                                        416 305 067
Percentage of total issued ordinary shares represented at the AGM                                   91.02%

Details of the results of voting at the AGM are as follows:

Shareholder Resolutions          Votes cast disclosed as a         Number of            Shares            Shares
                                   percentage of the total            shares          voted at         abstained
                                          number of shares      voted at the           the AGM         disclosed
                                          voted at the AGM               AGM         disclosed              as a
                                                                                          as a        percentage
                                                                                    percentage          of total
                                                                                      of total            issued
                                                                                        issued            shares
                                                                                        shares
                                    % FOR        % AGAINST            NUMBER                 %                 %

Ordinary resolution                 98.13             1.87       415 957 979             90.94              0.08
number 1:
Appointment of external
auditors
Ordinary resolution                 98.77             1.23       415 957 979             90.94              0.08
number 2.1:
Re-election of James
Formby as a non-executive
director
Ordinary resolution                 99.98             0.02       415 957 979             90.94              0.08
number 2.2:
Re-election of Charlotte
Maponya as an
independent non-
executive director
Ordinary resolution                 99.53             0.47       415 957 979             90.94              0.08
number 2.3:
Re-election of Dineo
Molefe as an independent
non-executive director
Ordinary resolution                 99.73             0.27       415 957 979             90.94              0.08
number 2.4:
Re-election of Cindy
Robertson as an
independent non-
executive director
Ordinary resolution                 99.94             0.06       415 899 378             90.93              0.09
number 3.1:
Appointment of Cindy
Robertson as a member of
the Audit, Risk and
Compliance Committee
Ordinary resolution                 99.46             0.54       389 747 329             85.21              5.81
number 3.2:
Appointment of Jesmane
Boggenpoel as a member
of the Audit, Risk and
Compliance Committee
Ordinary resolution                 99.53             0.47       415 957 979             90.94              0.08
number 3.3:
Appointment of Dineo
Molefe as a member of the
Audit, Risk and
Compliance Committee
Ordinary resolution                 99.46             0.54       389 747 329             85.21              5.81
number 4.1:
Appointment of Jesmane
Boggenpoel as a member
of the Social, Ethics and
Transformation Committee
Ordinary resolution                 99.98             0.02      415 957 979              90.94              0.08
number 4.2:
Appointment of Charlotte
Maponya as a member of
the Social, Ethics and
Transformation Committee
Ordinary resolution                 99.53             0.47      415 957 979              90.94              0.08
number 4.3:
Appointment of Dineo
Molefe as a member of the
Social, Ethics and
Transformation Committee
Ordinary resolution                 94.08             5.92      415 957 979              90.94              0.08
number 5.1:
Approval of the
remuneration policy
Ordinary resolution                 95.44             4.56      415 957 979              90.94              0.08
number 5.2:
Approval of the
remuneration report
Ordinary resolution                 94.09             5.91      415 953 142              90.94              0.08
number 6:
General authority to
repurchase Company
shares
Special resolution                  98.96             1.04      415 957 979              90.94              0.08
number 1:
Directors' fees for the 2027
and 2028 annual financial
periods


By order of the Board
Westville
28 July 2026

Sponsor: RAND MERCHANT BANK (a division of FirstRand Bank Limited)

Date: 28-07-2026 02:00:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.