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NOTICE TO THE MEMBERS OF THE
ANNUAL GENERAL MEETING
THE PROFESSIONAL PROVIDENT SOCIETY HOLDINGS TRUST
(Registration number: IT312/2011)
(‘the Trust’)
Notice is hereby given that the eighth annual general meeting ('the meeting') of the members of the Trust will be held on Tuesday,
22 May 2018 at 18:00, in the PPS Indaba Centre, 6 Anerley Road, Parktown, Johannesburg, for the following purposes:
1.
To adopt, by ordinary resolution, the annual financial statements for the year ended 31 December 2017, including the
reports of the trustees and the auditors of the Trust.
2.
To reappoint, by ordinary resolution, PricewaterhouseCoopers Inc. as the auditors of the Trust.
3.
To elect and appoint trustees, by ordinary resolutions, in place of those trustees retiring in accordance with the trust deed
which established and governs the Trust ('Trust Deed').
Mr E A Moolla, Mr U D Jivan and Dr C M Krüger retire by rotation at the meeting in terms of the Trust Deed.
The following trustees, being eligible for re-election and appointment, offer themselves for re-election and appointment as
trustees of the Trust:
3.1
Dr C M Krüger
3.2 Mr E A Moolla
In addition, the following candidates have been nominated for election and appointment as trustees of the Trust in terms of the
Trust Deed:
3.3 Adv H Cassim
3.4 Ms R Gopichund
3.5 Dr AC Hurribunce
3.6 Dr N H P Khosa
3.7 Ms L J Page
3.8 Prof MW Sonderup
(Abbreviated biographical details of the persons referred to above are set out on pages 169 to 176of this Integrated Report).
EXPLANATORY NOTE ON THE APPOINTMENT OF THE TRUSTEES
The board of trustees currently consists of 20 trustees, all of whom were appointed in accordance with the Trust Deed. There
are currently 10 elected trustees, of whom three are required to retire by rotation in terms of clause 7.2.1 of the current Trust
Deed, following which there will be seven elected trustees in office. In terms of clause 5.3.1 of the Trust Deed, a maximum of
10 trustees may be appointed by the members in general meeting. There are three vacancies and there are eight nominees for
these vacant positions (including the trustees who retire by rotation and who offer themselves for re-election and appointment).
Each candidate will be voted upon by a separate resolution. In terms of the Trust Deed, if the number of persons approved by
such resolutions exceeds the number of vacancies (being three), the result of the voting shall be determined in accordance with
the number of votes cast in favour of each resolution so that the vacancies will be filled by the candidates receiving the highest
number of favourable votes.
4.
To elect the Audit Committee of the Trust by ordinary resolution. The following trustees, who meet the requirements of
paragraph 26.1 of the Trust Deed, nominated by the Group Nominations Committee and recommended by the Board, have
offered themselves for election:
4.1 Ms D L T Dondur
4.2 Mr E A Moolla
4.3 Mr P Ranchod
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